Scully Royalty board adopts advance notice policy for director nominations

The board adopted a supplemental advance notice policy for shareholder nominations of directors, effective immediately.

The policy sets disclosure requirements for nominating shareholders and nominees to support eligibility, qualification, independence, and suitability reviews.

The framework aligns with the company’s amended and restated memorandum and articles of association, as well as applicable law.

The board retained authority to amend, modify, repeal, or waive provisions, subject to governing documents and applicable law.