REVENUE OPTIMIZATION & DEVELOPMENT PROGRESS

2022 | MANUFACTURED HOME COMMUNITIES (MHC) KKillam APARTMENT REIT Strong growth in revenue from Killam's nine seasonal resort communities, including 12.4% increase in revenue for 2022. Gains are being realized from both seasonal sites and short-term sites. 2022 2021 2020 Seasonal Resorts Revenue ($ thousands) $4,863 $5,825 $6,546 Camper's City, New Brunswick Holiday Park, Ontario Mississippi Lake, Ontario March 2023 | Page 21

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