Slate Office REIT 9 00 Convertible Unsecured Subordinated Debentures Exp 28 Feb 2026 T.SOT.DB

Alternate Symbol(s): SLTTF | T.SOT.UN | T.SOT.DB.A | T.SOT.DB.B

Slate Office REIT (the REIT) is a Canada-based global owner and operator of workplace real estate. The REIT is an unincorporated, open-ended real estate investment trust. The REIT owns interests in and operates a portfolio of real estate assets in North America and Europe. The REIT's portfolio is primarily comprised of government and credit tenants. The REIT's portfolio consists of approximately 54 commercial properties located in Canada, the United States and Ireland. The REIT's Canada operations include Atlantic, Ontario and Western. The REIT is externally managed and operated by Slate Management ULC.

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Slate Office REIT 9 00 Convertible Unsecured Subordinated Debentures Exp 28 Feb 2026 > ACCORDING TO PRESS RELEASE ARMOYAN AGREES TO VOTE FOR SLAM

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Comment by Ladislav3on Mar 01, 2023 3:06pm

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Post# 35313258

RE:ACCORDING TO PRESS RELEASE ARMOYAN AGREES TO VOTE FOR SLAM

Hi Mark,

I had the exact same thoughts when I heard that Armoyan had reached an agreement with SLAM (that he was going to be taking a cut of the development fee or some other incentive). Hopefully that's not the case otherwise we are stuck with a stinker for a long time.

Having only 2 board positions will make it difficult for Armoyan to effect any change. I am still hopeful that the combined SLAM and Armoyan interest will now make the board aligned with shareholder interests. We will have to wait for the AGM to see what, if anything, will change. I would like to see aggressive NCIB action at these levels, although I am worried that they will propose a cut to the distributions as something that is required for them to make "transformational changes" and we will see further share price reductions as a result.

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From now on, dynaCERT instead of Bitcoin or NVIDIA?