Summit Industrial Income REIT announced the suspension of its distribution reinvestment plan (the "DRIP"). Commencing with the July monthly distribution, and for all future distributions until further notice, unitholders who elected to participate in the DRIP will receive the full amount of any declared distributions on their units on the applicable distribution payment date in cash. The July distribution is expected to be paid on August 15, 2022, to unitholders of record on July 29, 2022.

If Summit elects to reinstate the DRIP in the future, unitholders that were enrolled in the DRIP at the time of its suspension and remain enrolled at the time of its reinstatement will automatically resume participation in the DRIP.