REVENUE OPTIMIZATION & DEVELOPMENT PROGRESS

Halifax 97.1% 2018 2019 STRONG OCCUPANCY ACROSS APARTMENT PORTFOLIO K-Killam APARTMENT REIT Apt Same Property Occupancy (1) 99% 98% 97% 96% 95% 97.3% 96.7% 97.0% 98.3% 94% 93% 2020 2021 2022 Q2/15 Q3/15 Q4/15 Q1/16 Q2/16 Q3/16 Q4/16 Q1/17 Q2/17 Q3/17 99.0% 99.4% 99.5% 99.4% 97.7% 98.1% 98.2% 98.9% St John's (1) Measured as dollar vacancy for the period. Fredericton Saint John Moncton Apt Same Property Occupancy (1) by Region Charlottetown KWC 12022 London 2021 Ottawa Q4/17 Q1/18 Q2/18 Q3/18 Q4/18 Q1/19 Q2/19 97.9% 99.3% 97.7% Calgary Edmonton Victoria Same Property Occupancy (1) Q3/19 Q4/19 Q1/20 Q2/20 97.3% March 2023 | Page 13 Q3/20 Q4/20 Q1/21 Q2/21 Q3/21 Q4/21 Q1/22 Q2/22 Q3/22 Q4/22 98.30%

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