• G2S2 requisitions special meeting of SOT unitholders
  
• Nominates four highly experienced and independent nominees
  
• Calls for further changes of board composition by removing conflicted trustees, amending Declaration of Trust to right-size the number of SLAM’s board nomination rights from two trustees to one
  
• Outlines strategic plan to enhance capital allocation, align unitholder interests through improved board oversight and conduct an in-depth review of each property to determine its highest and best use
  
• Cautions fellow unitholders that hastily announced “strategic review” by conflicted and entrenched existing trustees of the REIT is a transparent and self-interested delay tactic

HALIFAX, NS, Oct. 25, 2022 /CNW/ – G2S2 Capital Inc. (“G2S2”) announces that its wholly owned subsidiary has acquired $7,100,000 principal amount of 7.50% Convertible Unsecured Subordinated Debentures (“Convertible Debentures”) of Slate Office REIT (“Slate Office”).

• Publishes open letter to Slate Office REIT unitholders expressing its disappointment in management’s performance and lack of accountability
• Highlights various instances of misaligned interests, unitholder value destruction, and incoherent strategic direction
• Announces intention to requisition a timely meeting of unitholders