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Granite REIT Declares Distribution for October 2026

For best results when printing this announcement, please click on link below: Granite REIT Declares Distribution for October 2026 Granite Real Estate Investment Trust (“Granite”) (TSX: GRT.UN) announced today that its board of trustees has declared a distribution of CDN $0.2958 per unit for the month of October 2026. The distribution will be paid by Granite on November 16, 2026 to unitholders of record at the close of trading on October 30, 2026. Granite confirms that no portion of the distribution constitutes effectively connected income for U.S. federal tax purposes. A qualified notice providing the breakdown of the sources of the distribution will be issued to the Depository Trust & Clearing Corporation subsequent to the record date of October 30, 2026, pursuant to United States Treasury Regulation Section 1.1446-4. About Granite Granite is a Canadian-based REIT engaged in the acquisition, development, ownership and management of logistics, warehouse and industrial properties in North America and Europe. Granite owns 145 investment properties representing approximately 61.5 million square feet of leasable area. Other Information Copies of financial data and other publicly filed

GRTU.TO

For best results when printing this announcement, please click on link below: Granite REIT Declares Distribution for October 2026 Granite Real Estate Investment Trust (“Granite”) (TSX: GRT.UN) announced today that its board of trustees has declared a distribution of CDN $0.2958 per unit for the month of October 2026. The distribution will be paid by Granite on November 16, 2026 to unitholders of record at the close of trading on October 30, 2026. Granite confirms that no portion of the distribution constitutes effectively connected income for U.S. federal tax purposes.

A qualified notice providing the breakdown of the sources of the distribution will be issued to the Depository Trust & Clearing Corporation subsequent to the record date of October 30, 2026, pursuant to United States Treasury Regulation Section 1.1446-4. About Granite Granite is a Canadian-based REIT engaged in the acquisition, development, ownership and management of logistics, warehouse and industrial properties in North America and Europe. Granite owns 145 investment properties representing approximately 61.5 million square feet of leasable area.

Other Information Copies of financial data and other publicly filed documents about Granite are available through the internet on the Canadian Securities Administrators’ System for Electronic Data Analysis and Retrieval+ (SEDAR+) which can be accessed at ( ). For further information, please see our website at or contact Teresa Neto, Chief Financial Officer, at 647-925-7560 or Andrea Sanelli, Senior Director, Legal & Investor Services, at 647-925-7504. View source version on.com: Teresa Neto Chief Financial Officer 647-925-7560 Andrea Sanelli Senior Director, Legal & Investor Services 647-925-7504