Vital Infrastructure Property Trust Announces $300 Million Offering of 4.865% Series C Senior Unsecured Debentures and Early Redemption of Series H Convertible Debentures

Vital Infrastructure Property Trust (TSX: VITL.UN) ("Vital Infrastructure" or the "REIT") announced today that it has priced a private placement offering (the "Offering") of $300 million aggregate principal amount of 4.865% Series C senior unsecured debentures, maturing on October 15, 2029 (the "Series C Debentures"). Closing of the Offering is expected to occur on or about October 13, 2026. The Series C Debentures will be issued at a price of $1,000 per $1,000 principal amount of Series C Debentures. The Offering is being made through a syndicate of agents co-led by RBC Capital Markets, Scotiabank and National Bank of Canada Capital Markets, together with TD Securities, BMO Capital Markets, CIBC Capital Markets, and Desjardins Securities. It is expected that the Series C Debentures will be rated "BBB" (low) with a stable trend by Morningstar DBRS. The REIT also announced that it intends to redeem in full all of its outstanding 6.25% Series H convertible unsecured subordinated debentures (the "Series H Convertible Debentures") due August 31, 2027 (the "Redemption"). Formal notice of the Redemption, which is expected to be completed on October 26, 2026, is being delivered today to CDS & Co., the registered holder of the Series H Convertible Debentures, and to Computershare Trust Company of Canada, as trustee, in accordance with the terms of the trust indenture for the Series H Convertible Debentures. The Series C Debentures are being offered on a private placement basis in each of the provinces of Canada in reliance upon exemptions from the prospectus requirements under applicable securities legislation. The Series C Debentures will be direct senior unsecured obligations of the REIT and will rank equally and rateably with one another and with all of the REIT's other unsecured and unsubordinated indebtedness, except to the extent prescribed by law. The net proceeds of the Offering will be used to repay outstanding indebtedness including the early redemption of the Series H Convertible Debentures and for general corporate purposes. The Series C Debentures have not been, and will not be, registered under the United States Securities Act of 1933, as amended, or any state securities laws and may not be offered, sold or delivered, directly or indirectly, in the United States or to, or for the account or benefit of, U.S. Persons except pursuant to an exemption from the registration requirements of the U.S. Securities Act and applicable state securities laws. This news release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the Series C Debentures in any jurisdiction in which such offer, solicitation or sale would be unlawful. About Vital Infrastructure Vital Infrastructure Property Trust (TSX: VITL.UN) provides investors with access to a portfolio of high-quality international healthcare real estate infrastructure. As at June 30, 2026, the REIT held interests in a diversified portfolio of 104 income-producing properties totaling 11.1 million square feet of gross leasable area located throughout major markets in North America, Brazil, Europe and Australia. The REIT's portfolio of outpatient, inpatient, and other health research facilities is characterized by long-term indexed leases and stable occupancies. Vital Infrastructure leverages its global workforce in six countries to serve as a long-term real estate partner to leading healthcare operators.