Le 7 février/February 2025

	Nova Net Lease REIT&nbsp;(the “REIT”) has announced a&nbsp;final distribution to unitholders&nbsp;and&nbsp;termination of the REIT.

	The distribution representing all of the REIT's assets (the “Liquidating Distribution”)&nbsp;will be made on February 20, 2025 to holders of REIT units as of February 13, 2025. The Liquidating Distribution&nbsp;is estimated to be US$0.43 per REIT unit.

	For further information please see the&nbsp;REIT <a href="https://webfiles.thecse.com/PR_06Feb25.pdf?yN2za02rtaJVbGeIgtO5o_jBCnY51KPv">news&nbsp;release</a> of February 6, 2025.

	Trading of&nbsp;the units will be halted at market close on February 12, 2025 and the units will be delisted at the market close on&nbsp;February 13, 2025.

	____________________________

	Nova Net Lease REIT (le « REIT ») a annoncé une distribution finale aux porteurs de parts et la dissolution du REIT.&nbsp;

	La distribution représentant tous les actifs du REIT (la « distribution de liquidation ») sera versée le 20 février 2025 aux porteurs de parts du REIT au 13 février 2025. La distribution de liquidation est estimée à 0,43 $ US par part du REIT.&nbsp;

	Pour plus d'informations, veuillez consulter le <a href="https://webfiles.thecse.com/PR_06Feb25.pdf?yN2za02rtaJVbGeIgtO5o_jBCnY51KPv">communiqué de presse</a> du REIT du 6 février 2025.&nbsp;

	La négociation des parts sera interrompue à la clôture du marché le 12 février 2025 et les parts seront radiées de la cote à la clôture du marché le 13 février 2025.
<table border="1" cellpadding="1" cellspacing="1" >
<tbody>
<tr>
<td>
				Symbol/Symbole :</td>
<td>
				NNL.U</td>
</tr>
<tr>
<td>
				Ex-distribution Date/Date ex-distribution :</td>
<td>
				Le 13 FEB 2025</td>
</tr>
<tr>
<td>
				Record Date/Date d'enregistrement :</td>
<td>
				Le 13&nbsp;FEB 2025</td>
</tr>
<tr>
<td>
				Payment Date/Date de paiement :</td>
<td>
				Le 20 FEB 2025</td>
</tr>
<tr>
<td>
				Delist Date/Date &nbsp;de Retrait :</td>
<td>
				Le 13 FEB 2025</td>
</tr>
</tbody>
</table>

	If you have any questions or require further information please contact Listings at (416) 367-7340 or E-mail:&nbsp;<a href="mailto:Listings@thecse.com">Listings@thecse.com</a>.

	Si vous avez des questions ou si vous avez besoin d'informations supplémentaires, veuillez contacter 
	le service des inscriptions au 416 367-7340 ou par courriel à l’adresse:&nbsp;&nbsp;<a href="mailto:Listings@thecse.com">Listings@thecse.com</a>.

	&nbsp;

Nova Net Lease REIT 

2025-0209 - Notice of Distribution and Delist - Nova Net Lease REIT (NNL.U)

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