MWI.UN Maplewood International Real Estate Investment Trust

(TSXV: MWI.UN) Maplewood International Real Estate Investment Trust (the “REIT”) announced today that all the trustee nominees listed in the management information circular dated October 24, 2019 (the “Circular”) for the annual meeting of unitholders of the REIT held today (the “Annual Meeting”) were elected as trustees of the REIT. Details of the votes cast by ballot for the Annual Meeting are as follows:

Name of Nominee	Votes For	Votes Withheld
Paul Simcox	2,107,767 (98.71%)	27,600 (1.29%)
Nick Kanji	2,107,767 (98.71%)	27,600 (1.29%)
Sean Nakamoto	2,107,767 (98.71%)	27,600 (1.29%)
Kursat Kacira	2,135,367 (100%)	0 (0%)

All other matters set out in the Circular were approved by the requisite majority of the unitholders at the Annual Meeting.

About Maplewood International REIT

Maplewood International REIT is a Canadian based growth-oriented international real estate investment trust, established to invest in high-quality income producing commercial real estate outside of Canada. The REIT’s geographic focus is on the investment grade countries of Europe, with an initial target market of the Netherlands.

The TSXV has neither approved nor disapproved the contents of this press release.

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For additional information, please contact:

Kursat Kacira, Chief Executive OfficerTel: (647) 282-8324; E-mail: kkacira@maplewoodreit.com