REVENUE OPTIMIZATION & DEVELOPMENT PROGRESS

LONG-TERM GROWTH STRATEGY Killam's strategy to increase FFO, NAV and maximize value is focused on three priorities: Saginaw Park, Cambridge Crossing at Belmont, Victoria The Kay, Mississauga Killam APARTMENT REIT Increase earnings from existing portfolio Expand the portfolio and diversify geographically through accretive acquisitions, targeting newer properties Develop high-quality properties in Killam's core markets March 2023 | Page 5

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