Scully Royalty Ltd. Board of Directors Adopts Policy Prohibiting Shareholder Reimbursements without 75% Shareholder Approval

Policy Ensures Company Resources Are Preserved for the Benefit of All Shareholders   New York – TheNewswire - (July 12, 2026): Scully Royalty Ltd. (NYSE: SRL) (the “Company”) today announced that its Board of Directors (the “Board”) has adopted a comprehensive Policy on Shareholder Reimbursements and Payments (the “Policy”), effective immediately.

Scully Royalty Board of Directors and Management Remain Unchanged

Cayman Island s Court Rules Against MILFAM Group   MILFAM Group and their Purported Directors Never Held Authority to Act on Behalf of Scully Royalty

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Benzinga • Apr 24, 2026

Scully Royalty Ltd. Board of Directors Announces that Tacora Resources Inc. has Commenced an Interpleader Action with respect to the January Royalty Payment

Stuart, Florida, Feb. 12, 2026 (GLOBE NEWSWIRE) -- MILFAM LLC (“MILFAM”), on behalf of the Board of Directors (the “Board”) of Scully Royalty Ltd. (NYSE:SRL) (“Scully”), announced that on February 11, 2026, Tacora Resources Inc. (“Tacora”) commenced an interpleader action in the Ontario Superior Court of Justice (“Court”), naming as respondents Scully, 1128349 B.C.

GlobeNewsWire • Feb 12, 2026

Scully Royalty Ltd. Board of Directors Terminates CEO and Commences Search for New CEO

Stuart, Florida, Jan. 12, 2026 (GLOBE NEWSWIRE) -- MILFAM LLC (“MILFAM”) announced today that the recently elected board of directors of Scully Royalty Ltd. (the “Company”) (NYSE:SRL) has terminated for cause CEO, CFO, and President Samuel Morrow and rescinded all authority held by Mr.

GlobeNewsWire • Jan 12, 2026

SCULLY ROYALTY ANNOUNCEMENT

SHANGHAI, Dec. 31, 2025 /PRNewswire/ -- Scully Royalty Ltd. (the "Company") (NYSE: SRL) announces it has published its half-year report, including its results for the six months ended June 30, 2025 which includes updates on the Company's business (the "Half-Year Report").

PRNewsWire • Dec 31, 2025

MILFAM LLC ANNOUNCES ELECTION OF NOMINEES TO BOARD OF DIRECTORS OF SCULLY ROYALTY LTD.

Stuart, Florida , Dec. 29, 2025 (GLOBE NEWSWIRE) -- MILFAM LLC (“MILFAM”), a large shareholder of Scully Royalty Ltd. (NYSE:SRL) (the “Company”), has announced that all of its nominees for the Board of Directors (the “Board”) of the Company were elected at the Annual General Meeting of Shareholders of the Company (the “Annual Meeting”) on December 27, 2025. MILFAM's nominees of Jerrod Freund, Mark Holliday, Alan Howe, Nimesh Patel, and Skyler Wichers each received a majority of the votes cast at the Annual Meeting. The Company's nominees failed to receive such a majority and therefore were not re-elected.

GlobeNewsWire • Dec 29, 2025

SCULLY ROYALTY CORRECTS RECORD REGARDING POSTPONED ANNUAL GENERAL MEETING

NEW YORK, Dec. 29, 2025 /PRNewswire/ -- Scully Royalty Ltd. (the "Company") (NYSE: SRL) affirmed today that, further to its news release on December 24, 2025, the Company's board of directors postponed the annual general meeting (the "Meeting") of shareholders to allow a hearing before the Cayman Islands Court of Appeal as soon as reasonably practicable regarding the validity of the prior notice of direction nominations of MILFAM LLC ("MILFAM").

PRNewsWire • Dec 29, 2025

MILFAM LLC ANNOUNCES INTENTION TO PROCEED WITH ANNUAL GENERAL MEETING OF SCULLY ROYALTY LTD.

Stuart, Florida, Dec. 26, 2025 (GLOBE NEWSWIRE) -- MILFAM LLC (“MILFAM”), a large shareholder of Scully Royalty Ltd. (NYSE:SRL) (the “Company”) has announced its intention to proceed with the Annual General Meeting of Shareholders of the Company (the “Annual Meeting”) as scheduled on December 27, 2025.

GlobeNewsWire • Dec 26, 2025

SCULLY ROYALTY ISSUES FURTHER UPDATE ON ANNUAL SHAREHOLDERS' MEETING AND COURT PROCEEDINGS

NEW YORK , Dec. 24, 2025 /PRNewswire/ -- Further to its news release dated December 22, 2025, Scully Royalty Ltd. (the "Company") (NYSE: SRL) announces that it has filed an appeal of the December 19, 2025 decision of the Grand Court of the Cayman Islands with respect to the notice of nomination of MILFAM LLC ("MILFAM") and its compliance with the timing requirements under the Memorandum and Articles of Association of the Company.

PRNewsWire • Dec 24, 2025