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 Moncton on May 17, 2019. The voting results of each of the matters considered at the Meeting are presented below.

1) Election of TrusteesAll candidates proposed in the Management Proxy Circular dated April 9, 2019, were elected as trustees. The voting results of the trustees were as follows:

Candidate Votes For % For Votes Withheld % Withheld
Timothy R. Banks 39,208,596 67.81% 18,611,028 32.19%
Philip D. Fraser 56,336,322 97.43% 1,483,302 2.57%
Robert G. Kay 50,746,898 87.77% 7,072,726 12.23%
Aldéa M. Landry 56,428,931 97.59% 1,390,693 2.41%
James C. Lawley 34,118,933 59.01% 23,700,691 40.99%
Arthur G. Lloyd 51,803,647 89.60% 6,015,977 10.40%
Karine L. MacIndoe 57,113,207 98.78% 706,417 1.22%
Robert G. Richardson 50,671,318 87.64% 7,148,306 12.36%
Manfred J. Walt 56,547,103 97.80% 1,272,521 2.20%
G. Wayne Watson 50,277,981 86.96% 7,541,643 13.04%

2) Appointment of AuditorsErnst & 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:

Votes For % For Votes Withheld % Withheld
56,623,165 97.93 % 1,196,459 2.07 %

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

Votes For % For Votes Against % Against
53,401,249 92.36 % 4,418,375 7.64 %

About Killam Apartment REIT

Killam Apartment REIT, based in Halifax, Nova Scotia, is one of Canada's largest residential landlords, owning, operating, managing and developing a $2.8 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.

For information, please contact:

Nancy Alexander, CPA, CASenior Director, Investor Relations & Performance Analyticsnalexander@killamreit.com(902) 442-0374

Note: The Toronto Stock Exchange has neither approved nor disapproved of the information contained herein. 

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