Mr. Rai Sahi reports

MORGUARD NORTH AMERICAN RESIDENTIAL REIT DECLARES MARCH 2024 DISTRIBUTION OF $0.06167 PER UNIT

Morguard North American Residential REIT has declared a distribution of 6.167 cents per unit for the month of March, 2024. The distribution will be payable on April 15, 2024, to unitholders of record as at March 28, 2024.

About Morguard North American Residential REIT

The REIT is an unincorporated, open-ended real estate investment trust which owns, through a limited partnership, interests in Canadian residential apartment communities, located in Alberta and Ontario, and U.S. residential apartment communities located in Colorado, Texas, Louisiana, Illinois, Georgia, Florida, North Carolina, Virginia and Maryland.