Allied Announces Appointment of Chief Financial Officer

§ 01 Executive Snapshot

• What: Allied Properties announces the appointment of Craig MacIntyre as Chief Financial Officer.
• Who: Craig MacIntyre, Cecilia Williams (President and CEO of Allied).
• Why it matters: This appointment is significant for Allied as it aims to strengthen its financial strategy and enhance long-term value for its unitholders.

§ 02 Key Developments

• Craig MacIntyre will officially take on the role of Senior Vice President and Chief Financial Officer effective July 29, 2026.
• Mr. MacIntyre has nearly two decades of experience in capital markets, corporate finance, and strategic transactions.
• Prior to this role, he served at Choice Properties Real Estate Investment Trust, focusing on acquisitions, dispositions, and capital allocation.

§ 03 Strategic Context

• The appointment comes at a time when Allied is looking to advance its strategic priorities and strengthen its balance sheet.
• Allied Properties is recognized as a leading owner-operator of urban workspace in Canada, emphasizing sustainable and community-focused environments.

§ 04 Strategic Implications

• The immediate consequence of this appointment may include enhanced financial discipline and strategic execution within Allied.
• Long-term implications could involve improved investor confidence and sustained growth in value for unitholders.

§ 05 Risks & Constraints

• Potential risks include the need for a smooth transition from the outgoing CFO to ensure continuity in financial operations.
• Market fluctuations and economic conditions could impact the strategic initiatives that Mr. MacIntyre will be overseeing.

§ 06 Watchlist / Forward Signals

• Key upcoming milestones include the official start date of Mr. MacIntyre on July 29, 2026, and any strategic initiatives he may introduce thereafter.
• Future developments to watch will include the performance of Allied's portfolio under Mr. MacIntyre’s financial leadership and any changes in capital strategy.