BTB Real Estate Investment Trust at its Annual General Meeting held on June 20, 2024, approved to elect Sylvain Fortier as director. Mr. Fortier has over 30 years of experience in commercial real estate investment, debt and equity, innovation, and strategy on a global scale. Throughout his career he has demonstrated the ability to anticipate major emerging trends in said markets, as well as to adjust large real estate portfolios to maximize their risk-return profile.

For 18 years he has worked in various executive and leadership positions at Ivanhoé Cambridge/CDPQ in Canada, including Chief Investment and Innovation Officer, allowing him to acquire extensive transactional experience in all major asset classes. Mr. Fortier was an active member of the Board of Directors of Gecina, a major ?10B French REIT company based in Paris, where he chaired the Strategic and Investment Committee. Additionally, he dedicated a decade to the Board of Otéra Capital, a leading Canadian commercial mortgage lender with assets totaling $15B, assuming the role of Chairman for two years.

Mr. Fortier currently sits in three non-profit organizations boards, including the Institute for Research in Immunology and Cancer of the University of Montreal, the Théâtre du Nouveau-Monde, and the Tennis-Québec federation. Mr. Fortier graduated from McGill University, having received a degree in Commerce for a joint program in Finance and Real Estate. Company announced the departure of Mr. Fernand Perreault, Trustee and President of the Investment Committee.

The annual and extraordinary meeting of unitholders marked the retirement of Fernand Perreault, member of the BTB Board of Trustees since 2010.