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. The Company further announces that its annual general meeting (the "Meeting"), ...