Press Release

Crombie REIT Fiscal 2019 Annual General Meeting And Q1 Fiscal 2020 Conference Call

Company Release - 4/17/2020 4:27 PM ET

NEW GLASGOW, NS, April 17, 2020 /CNW/ - Crombie Real Estate Investment Trust ("Crombie") (TSX: CRR.UN) will hold its virtual Annual General Meeting of Unitholders on Thursday, May 7, 2020. The virtual meeting is scheduled to begin at 10:00 a.m. (EDT).

As a result of the COVID-19 outbreak, out of concern for the health and wellbeing of our Unitholders, employees and other stakeholders, and the public health protocols that federal, provincial, and local governments have imposed, we will hold our annual meeting in a virtual only format. The Annual General Meeting will be broadcast via live audio webcast. Unitholders will have an equal opportunity to participate at the meeting online regardless of their geographic location.

"Non-objecting" non-registered (or beneficial) holders and proxy appointees have the opportunity to attend the Meeting, ask questions and vote, all in real time, provided they are connected to the internet and comply with all of the requirements set out in the Circular. "Objecting" non-registered (or beneficial) shareholders who have not duly appointed themselves as proxyholder will be able to attend the Meeting as guests, but guests will not be able to vote or ask questions at the Meeting.

The webcast may be accessed at www.crombiereit.com under Investors. A replay of the meeting will be available on Crombie's website for 90 days after the meeting. Please contact management if access to the internet is unavailable, and a phone number will be provided.

Q1 Fiscal 2020 Conference Call

Crombie will hold a conference call on Thursday, May 7, 2020 beginning at 11:30 a.m. (EDT) during which senior management will discuss Crombie's financial results for the first quarter ended March 31, 2020. The financial results will be released on Wednesday, May 6, 2020, after market close.

Dial in numbers to join the conference call are:

(416) 764-8688
(888) 390-0546

A live audio webcast of the conference call will be accessible on Crombie's website at www.crombiereit.com under Investors.

Replay will be available by dialing (416) 764-8677 or (888) 390-0541 and entering passcode 351777 #, until midnight, May 21, 2020, or on Crombie's website for 90 days following the conference call.

About Crombie REIT

Crombie Real Estate Investment Trust ("Crombie") is an unincorporated, open-ended real estate investment trust established under, and governed by, the laws of the Province of Ontario. Crombie is one of the country's leading national retail property landlords with a strategy to own, operate and develop a portfolio of high quality grocery- and drugstore-anchored shopping centres, freestanding stores and mixed-use developments primarily in Canada's top urban and suburban markets. More information about Crombie can be found at www.crombiereit.com.

SOURCE Crombie REIT

Media Contact : Clinton Keay, CPA, CA, Chief Financial Officer and Secretary, 902-755-8100; Claire Mahaney Lyon, CFA, MFM, Manager, Investor Relations, 902-474-6670