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Stock impact report

SCULLY ROYALTY PROVIDES MEETING UPDATE

Scully Royalty Ltd. (SRL) 
Company Research Source: PR Newswire
NEW YORK, Dec. 22, 2025 /PRNewswire/ -- Scully Royalty Ltd. (the "Company") (NYSE: SRL) provided an update today with respect to its annual general meeting (the "Meeting") scheduled for December 27, 2025, and responds to material misrepresentations contained in the dissident proxy circular (the "MILFAM Circular") issued by MILFAM LLC ("MILFAM") purporting to nominate five individuals to the Company's board of directors. The Company believes that MILFAM failed to comply with the requirements for director nominations prescribed by the Company's Memorandum and Articles of Association (the "Articles"), including the required timeline for submission of nominations. As previously announced, MILFAM made application to the Grand Court of the Cayman Islands seeking a declaration that its notice was valid. On December 19, 2025, the Grand Court issued an order declaring that the notice of nomination was validly delivered within the time period set out in, and in compliance with, the requirements Show less Read more
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