Mr. David Luu reports

PINE TRAIL REAL ESTATE INVESTMENT TRUST ANNOUNCES ADOPTION OF QUARTERLY REPORTING EXEMPTION UNDER COORDINATED BLANKET ORDER 51-933

Pine Trail Real Estate Investment Trust intends to adopt the policies outlined in the semi-annual financial reporting pilot program and exemptions provided under Coordinated Blanket Order 51-933, Exemptions to Permit Semi-Annual Reporting for Certain Venture Issuers.

The SAR pilot program is implemented under the blanket order, which allows eligible venture issuers to voluntarily move from quarterly to semi-annual financial reporting. By adopting the SAR pilot program, Pine Trail aims to reduce the administrative and financial burden associated with quarterly reporting.

In reliance of the blanket order, Pine Trail will not file interim financial statements and related management discussion and analysis (MD&A) for the three-month period ended March 31, 2026, and nine-month period ending Sept. 30, 2026. Pine Trail will continue to file audited annual financial statements and MD&A (due within 120 days of Dec. 31) and six-month interim financial statements and MD&A (due within 60 days of June 30).

Pine Trail confirms it meets the SAR pilot's eligibility criteria, which include being a venture issuer with annual revenues of less than $10-million and maintaining a clean 12-month continuous disclosure record. Pine Trail remains committed to timely disclosure and will continue to report all material changes and significant developments as required under National Instrument 51-102, Continuous Disclosure Obligations.

This news release is being filed pursuant to the blanket order.

About Pine Trail Real Estate Investment Trust

Pine Trail is a Canadian real estate investment trust focused primarily on health-care-related real estate, specifically medical office properties in Ontario.

We seek Safe Harbor.