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PRESS RELEASE

ATB Financial to Establish a New Downtown Flagship at Suncor Energy Centre

CALGARY, ALBERTA (26 November 2025)— Brookfield Properties and ARCI today in partnership with ATB Financial (ATB), announced that ATB will relocate to Suncor Energy Centre in the heart of Downtown Calgary. ATB’s new, expanded, downtown flagship will occupy 173,000 square feet of the reimagined campus, and include a Plus 15 retail branch.

ATB will be one of the newest tenants to join Suncor Energy Centre upon completion of its large-scale redevelopment, which will be completed in 2027. ATB’s relocation contributes positive net absorption for Downtown Calgary, as the financial institution will centralize multiple locations in the city into one Downtown flagship location at Suncor Energy Centre.

"Our decision to establish a single, prominent corporate presence in Suncor Energy Centre demonstrates ATB's long-term commitment to downtown Calgary,” says Krista Lauridsen, VP, Head of Real Estate, Facilities, Design & Construction. “We view this as a strategic investment in a premier location that aligns us with the city's future growth and positions our brand for maximum visibility in the evolving professional core. We look forward to partnering with Brookfield Properties and ARCI on this next chapter."

“ATB’s dedication to Calgary and to the revitalization of its Downtown Core aligns with the vision of Brookfield Properties and ARCI,” said Michael Rix, Vice President of Western Canada for Brookfield Properties’ office business. “Our investment in Suncor Energy Centre to create a vibrant, community-centric campus is attracting leading firms like ATB that want to provide employees with an elevated workplace experience in the heart of our city. ATB will be an excellent addition to our office complex, and we look forward to welcoming them.”

Brookfield Properties and ARCI invested over $90 million to redevelop its office complex into a mixed-used destination with the addition of a performing arts amphitheatre, licensed food hall, flagship restaurant, exterior dining terrace and a mix of public and private amenities designed for gathering. The campus will offer a variety of activations that support local arts and creative groups, including performances, educational talks and ongoing showcases. Additionally, tenant-exclusive amenities will include a hospitality-focused lounge, state-of-the-art fitness centre, expansive conference facility, end-of-trip facility, and micromobility hub.

Suncor Energy Centre features 1.7 million square feet of premier office space across two skyline-defining towers. It is in the transit-rich Downtown Core and is connected to the Plus 15 above-ground walkway system.

For renderings of the redeveloped Suncor Energy Centre, visit this link.

About Brookfield Properties

Brookfield Properties is a leading global developer and operator of high-quality real estate assets. We are active in nearly all real estate sectors, including office, retail, multifamily, hospitality and logistics, operating more than 1,100 properties and over 390 million square feet of real estate in gateway markets on behalf of Brookfield Asset Management, one of the largest asset managers in the world. With a focus on sustainability, a commitment to excellence, and the drive for relentless innovation in the planning, development and management of buildings and their surroundings, Brookfield Properties is reimagining real estate from the ground up. For more information, visit brookfieldproperties.com.

About ARCI Investments

ARCI Investments (Arenberg Canadian Investment Ltd.) is part of the broader network of Arenberg family enterprises, rooted in the centuries-old House of Arenberg—one of Europe’s historic noble families. Over generations, the family transformed its legacy of landholdings and cultural assets into a modern, professionally governed structure of foundations and investment companies. Today, ARCI oversees over $2 billion in industrial, office, and multifamily assets across Canada, and the United States.

Established in 1973, ARCI Investments embodies this long-term philosophy on an international scale. Seeing Calgary’s rise as an emerging economic centre in the 1970s, ARCI strategically assembled an entire downtown block and later partnered with Petro-Canada to create the Suncor Energy Centre. Completed in 1984, the iconic twin granite towers remain among the city’s most recognizable architectural landmarks.

We pride ourselves on taking a long-term perspective and maintaining a best-in-class position for our assets, ensuring stability, quality, and enduring value across generations. For more information on ARCI please visit https://arciinvest.ca/

About ATB Financial

Powering possibilities for our clients, communities, and beyond is what drives us at ATB Financial. As a leading Alberta-based financial institution with over $100 billion in total assets and assets under management, our success comes from more than 5,000 team members who deliver exceptional experiences to over 843,000 clients across our Personal and Business Banking, ATB Wealth Management, and ATB Capital Markets businesses. ATB Financial provides expert advice and services through our extensive branch network and agencies, our 24-hour Client Care Centre, four entrepreneur centers, and our digital banking options. ATB Financial is bronze certified as part of the Partnership Accreditation in Indigenous Relations commissioned by the Canadian Council for Indigenous Business. More information about ATB can be found at atb.com.

Media Contacts:

Brookfield Properties | Lindsay Kahn: lindsay.kahn@brookfieldproperties.com
ARCI Investments | Dani Almeida: admin@arci.biz
ATB | Media: media@atb.com