Company: GMRE
Filing Date: 2025-11-13
Form Type: 424B5
Source: 0001104659-25-110926
Chunk: 147

Company: Global Medical REIT Inc.
Filing Date: 2025-11-13
Form: 424B5
Chunk 147
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 that no more than 50% of our shares of stock be owned by       
 five or fewer individuals that allows the beneficiaries of the pension trust to be treated as holding our shares of stock in proportion 
 to their actuarial interests in the pension trust; and                                                                                  |

| · | either: |

| · | one pension trust owns more than 25% of the value of our shares of stock; or |

| · | a group of pension trusts individually holding more than 10% of the value of our shares of stock collectively owns more than 50% of 
 the value of our shares of stock.                                                                                                   |

Taxation of Non-U.S. Stockholders

This section is a summary of the rules governing
the U.S. federal income taxation of non-U.S. stockholders. The term “non-U.S. stockholder” means a beneficial owner of our
stock that is not a U.S. stockholder, a partnership (or entity treated as a partnership for U.S. federal income tax purposes) or a tax-exempt
stockholder. The rules governing U.S. federal income taxation of nonresident alien individuals, foreign corporations, foreign partnerships,
and other foreign stockholders are complex, and this summary is for general information only. We urge non-U.S. stockholders to consult their tax advisors to determine the impact of U.S. federal, state, and local income tax laws on the purchase, ownership and disposition of our stock, including any reporting requirements.

Distributions

A non-U.S. stockholder that receives a distribution
that is not attributable to gain from our sale or exchange of a “United States real property interest” (“USRPI”),
as defined below, and that we do not designate as a capital gain dividend or retained capital gain will recognize ordinary income to the
extent that we pay such distribution out of our current or accumulated earnings and profits. A withholding tax equal to 30% of the gross
amount of the distribution ordinarily will apply to such distribution unless an applicable tax treaty reduces or eliminates the tax.

| 58 |

However, if a distribution is treated as effectively
connected with the non-U.S. stockholder’s conduct of a U.S. trade or business, the non-U.S. stockholder generally will be subject
to U.S. federal income tax on the distribution at graduated rates, in the same manner as U.S. stockholders are taxed with respect to such
distribution, and a non-U.S. stockholder that is a corporation also may be subject to a