Tranche Update on True North Commercial Real Estate Investment Trust (TSX:TNT.UN)'s Equity Buyback Plan announced on April 12, 2023.

From April 12, 2023 to June 30, 2023, the company has repurchased 124,900 shares, representing 0.78% for CAD 0.3 million. With this, the company has completed the repurchase of 124,900 shares, representing 0.78% for CAD 0.3 million under the buyback announced on April 12, 2023.