Slate Office REIT Appoints Charles Pellerin to Board of Trustees

TORONTO--(BUSINESS WIRE)--Slate Office REIT (TSX: SOT.UN) (the “REIT”), an owner and operator of high-quality workplace real estate, announced today that it has appointed Charles Pellerin to its Board of Trustees (the “Board”) effective June 25, 2024. Mr. Pellerin will join the Board’s Audit Committee.

Mr. Pellerin is the Principal Partner and President of Pellerin Potvin Gagnon S.E.N.C.R.L., one of the largest independent accounting firms in Quebec. Mr. Pellerin joined the firm in 1998, became Partner in 2003, and was promoted to President in 2006. Mr. Pellerin specializes in many areas, including mandates of assurance, counseling, management, financing, acquisition, and sale of business and audit engagements for several manufacturing companies and distributors. Further, Mr. Pellerin is the owner of several privately owned manufacturing businesses and owns residential, commercial, and industrial properties throughout Quebec.

Mr. Pellerin has served as the Executive Chairman of TerraVest (TSX:TVK) since 2014, when TerraVest acquired one of Mr. Pellerin’s manufacturing companies. Mr. Pellerin’s significant board experience also includes current board positions at Calfrac Well Services Ltd (TSX:CFW) and Clarke Inc. (TSX:CKI).

Mr. Pellerin received a Bachelor of Accounting from Ottawa University and holds a postgraduate diploma in accounting from the University of Trois-Rivieres, Quebec. He has been a member of the Quebec Order of the Chartered Professional Accountants since 2000.

About Slate Office REIT (TSX: SOT.UN)

Slate Office REIT is a global owner and operator of high-quality workplace real estate. The REIT owns interests in and operates a portfolio of strategic and well-located real estate assets in North America and Europe. The majority of the REIT’s portfolio is comprised of government and high-quality credit tenants. The REIT acquires quality assets at a discount to replacement cost and creates value for unitholders by applying hands-on asset management strategies to grow rental revenue, extend lease term and increase occupancy. Visit slateofficereit.com to learn more.

Forward-Looking Statements

Certain information herein constitutes “forward-looking information” as defined under Canadian securities laws which reflect management’s expectations regarding objectives, plans, goals, strategies, future growth, results of operations, performance, business prospects and opportunities of the REIT. The words “plans”, “expects”, “does not expect”, “scheduled”, “estimates”, “intends”, “anticipates”, “does not anticipate”, “projects”, “believes”, or variations of such words and phrases or statements to the effect that certain actions, events or results “may”, “will”, “could”, “would”, “might”, “occur”, “be achieved”, or “continue” and similar expressions identify forward-looking statements. Such forward-looking statements are qualified in their entirety by the inherent risks and uncertainties surrounding future expectations.

Forward-looking statements are necessarily based on a number of estimates and assumptions that, while considered reasonable by management as of the date hereof, are inherently subject to significant business, economic and competitive uncertainties and contingencies. When relying on forward-looking statements to make decisions, the REIT cautions readers not to place undue reliance on these statements, as forward-looking statements involve significant risks and uncertainties and should not be read as guarantees of future performance or results, and will not necessarily be accurate indications of whether or not the times at or by which such performance or results will be achieved. A number of factors could cause actual results to differ, possibly materially, from the results discussed in the forward-looking statements. Additional information about risks and uncertainties is contained in the filings of the REIT with securities regulators.

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