HALIFAX, NS, May 6, 2022 /CNW/ - Killam Apartment REIT (TSX: KMP.UN) ("Killam") today announced the voting results of matters voted on at its annual meeting of unitholders (the "Meeting"), which was held in Halifax on May 6, 2022. The voting results of each of the matters considered at the Meeting are presented below.

1)       Election of Trustees
All candidates proposed in the Management Proxy Circular dated March 28, 2022, were elected as trustees. The voting results of the trustees were as follows:

2)     Appointment of Auditors
Ernst & Young LLP was reappointed as the auditors of Killam, to hold office until the next annual meeting of unitholders at remuneration to be fixed by the board of trustees. The voting results for the reappointment of the auditors were as follows:

3)     Executive Compensation Advisory Vote
The non-binding advisory say-on-pay resolution on executive compensation was approved. The voting results for the executive compensation advisory vote were as follows:

Killam Apartment REIT, based in Halifax, Nova Scotia, is one of Canada's largest residential landlords, owning, operating and developing a $4.7 billion portfolio of apartments and manufactured home communities. Killam's strategy is to enhance value and profitability by focusing 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.

SOURCE Killam Apartment Real Estate Investment Trust

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