REVENUE OPTIMIZATION & DEVELOPMENT PROGRESS

0% 10% Halifax 20% 30% Moncton 40% Fredericton Saint John MARK-TO-MARKET RENTS Ottawa London KWC/GTA Mark-to-Market Rent by Region Q1-2022 Q2-2022 Q3-2022 Q4-2022 Charlottetown St. John's 1% %9 Calgary 5% Edmonton March 2023 | Page 57 2% Victoria 12% Killam APARTMENT REIT

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