Granite REIT Announces Distribution for August 2024

Granite Real Estate Investment Trust (“Granite”) (TSX: GRT.UN / NYSE: GRP.U) today announced that its Board of Trustees has declared a distribution of C$0.275 per stapled unit for the month of August 2024. The distribution will be paid by Granite on Monday, September 16, 2024 to stapled unitholders of record as of the close of business on Friday, August 30, 2024.

Granite confirms that no portion of the distribution effectively constitutes connected income for U.S. federal tax purposes. A qualified notice detailing the sources of the distribution will be mailed to the Depository Trust & Clearing Corporation after the record date of August 30, 2024, pursuant to United States Treasury Regulation Section 1.1446-4.