REITs: Subsequent events (ASC 855)

(4) The facility matures in October 2026, with the ability for us to extend such maturity by two six-month periods at our option, provided that there is no default under the facility and we pay an extension fee of 0.0625 % of the total availability under the facility for each extension period. Refer to subsequent events disclosure pertaining to this facility in Note 18.

(5) The weighted average interest rate on the Revolving Credit Facility was 5.37 % as of September 30, 2025, excluding the effect of interest rate swaps that hedge the risk of interest rate changes (see Note 9 to our consolidated financial statements).

(6) This facility matures in January 2026, with the ability for us to extend such maturity by two 12-month periods at our option, provided that there is no default under the facility and we pay an extension fee of 0.125 % of the outstanding loan balance for each extension period. Refer to subsequent events disclosure pertaining to this facility in Note 18.

(7) The interest rate on this loan was 5.68 % as of September 30, 2025, excluding the effect of interest rate swaps that hedge the risk of interest rate changes (see Note 9 to our consolidated financial statements).

(8) The carrying value of these notes reflects unamortized discounts and commissions totaling $ 382,000 as of September 30, 2025 and $ 1.1 million as of December 31, 2024. The effective interest rate under the notes, including amortization of such costs, was 2.48 %.

(9) These notes have an exchange settlement feature under which the notes may, under certain circumstances, be exchangeable at the option of the holders. Upon exchange, the principal amount of notes is payable in cash, with the remainder of the exchange obligation, if any, as determined based on the exchange price per common share at the time of settlement, payable in cash, common shares or a combination thereof at our election. As of September 30, 2025, the exchange rate of the notes equaled 33.4962 of our common shares per $1,000 principal amount of notes (equivalent to an exchange price of approximately $ 29.85 per common share).

(10) The carrying value of these notes reflects unamortized commissions totaling $ 5.3 million as of September 30, 2025 and $ 6.6 million as of December 31, 2024. The effective interest rate under the notes, including amortization of such costs, was 5.83 %.