Philip Fraser
President, CEO & Executive Trustee

Good afternoon, everybody, and thank you for joining us today at our Annual General Meeting. My name is Philip Fraser, President and CEO and a Trustee of Killam.

With us today representing the Board of Trustees are the following members: Robert Richardson, Andree Savoie, Shant Poladian, Karine MacIndoe; and 2 special directors, Manfred Walt and Aldea Landry, special in the sense that their time is almost up. After serving Manfred for 19 years as a trustee or director than a trustee and Aldea for the last 9 years as a trustee, they are technically still a member of the Board until this meeting is over in the next few minutes. So I'd like to say once again, thank you very much for your service over the years.

I am pleased to chair this year's Annual Meeting of Unitholders. Welcome to Killam Apartment REIT's 2026 Annual Meeting. This is our 26th Annual Meeting, and we are broadcasting live via webcast with unitholders attending both virtually and in person. In order to ensure that the meeting covers the required business in an effective manner, we have prearranged with unitholders and proxy holders to move and to second the items of business.

I welcome all guests attending by webcast, but note that only registered unitholders and duly appointed proxy holders physically present at the meeting