True North Commercial Real Estate Investment Trust announced that Ms. Anna Murray has resigned as a trustee effective as of January 13, 2023 in order to comply with the policies of her new employer. In accordance with the REIT's third amended and restated declaration of trust, the governance, compensation and nominating committee (GC&N Committee) is currently evaluating alternatives with respect to appointing a new independent trustee to fill the vacancy. As a result of Ms. Murray's resignation, Lindsay Brand will temporarily be appointed to the GC&N Committee until the independent trustee position has been filled.