Ms. Claire Hawksworth reports

KILLAM APARTMENT REIT ANNOUNCES TIMING OF Q1 2023 RESULTS AND WEBCAST

Killam Apartment Real Estate Investment Trust will release its financial results for the first quarter ended March 31, 2023, on Wednesday, May 3, 2023, after the close of the Toronto Stock Exchange. A webcast and conference call to discuss these results and current business initiatives will be held on Thursday, May 4, 2023, at 9 a.m. ET.

The webcast will be available on Killam's website.

A replay will be available for seven days after the webcast.

The dial-in numbers for the conference call are as follows.

North America (toll-free):  1-888-664-6392

Overseas or local (Toronto):  1-416-764-8659

About Killam Apartment Real Estate Investment Trust

Killam Apartment, based in Halifax, N.S., is one of Canada's largest residential real estate investment trusts, owning, operating and developing a $4.8-billion portfolio of apartments and manufactured home communities. Killam's strategy to enhance value and profitability focuses on three priorities: (1) increasing earnings from existing operations; (2) expanding the portfolio and diversifying geographically through accretive acquisitions, with an emphasis on newer properties; and (3) developing high-quality properties in its core markets.