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Scully Royalty Ltd. Provides Corporate Update

New York – TheNewswire - (August 13, 2026): Scully Royalty Ltd. (NYSE: SRL) (the “Company”) today announced that our Chairman, Michael Smith has been appointed as interim Chief Executive Officer and Chief Financial Officer of the Company, in place of Samuel Morrow, who is now a non-executive director with no management duties with the Group.   In his interim capacity, Mr. Smith will assume responsibility for the Company's executive leadership functions while the Company seeks to identify candidates for appointment to these roles.

Scully Royalty Ltd. Board of Directors Adopts Advance Notice Policy for Director Nominations

Policy Establishes Transparent Process and Disclosure Requirements for Shareholder Director Nominations   New York – TheNewswire - (August 10, 2026): Scully Royalty Ltd. (NYSE: SRL) (the “Company”) today announced that its Board of Directors (the “Board”) has adopted a supplemental Advance Notice Policy (the “Policy”), effective immediately. The Policy has been adopted in furtherance of, and pursuant to the authority granted under, the Company's Amended and Restated Memorandum and Articles of Association (the “Articles”).