Good morning, ladies and gentlemen, and welcome to the annual general meeting of unitholders of Killam Apartment Real Estate Investment Trust conference call. All lines are in a listen-only mode. If at any time during this call you need assistance, please press star zero for the operator. This call is being recorded on Friday, May seventh, 2021. I would now like to turn the conference over to Philip Fraser, President and CEO. Please go ahead. Good morning, everyone, and welcome to Killam Apartment REIT's 2021 annual meeting of unitholders. My name is Philip Fraser, and I am pleased to chair this year's annual meeting. 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 into certain of the motions 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 are entitled to vote on the matters before the meeting. The meeting of unitholders of Killam Apartment REIT will now come to order. With the consent of the meeting, I will ask Ronald Barron to act as secretary of the meeting. The first item of business will be the appointment of a scrutineer. I will ask Colleen Nielsen of Computershare Investor Services Inc. of Canada to act as the scrutineer. I have received a declaration prepared by an officer of Computershare indicating that the notice calling this meeting with the accompanying information circular, form of proxy, annual report, and auditor's report were mailed to all unitholders of record as at the close of business on March 24, 2021. With the consent of the meeting, the reading of the notice of meeting will be dispensed with, and I request the secretary to keep a copy of the notice of meeting and proof of service with the minutes of this meeting. I would ask the scrutineer to summarize the scrutineer's report on attendance. Mr. Chairman, I, the undersigned scrutineer from Computershare Investor Services Inc., hereby report that there are at least three unitholders and/or proxy holders present at this meeting, representing in person or by proxy 72,368,852 units, being 67.19% of the total outstanding units of Killam Apartment REIT. Based on the scrutineer's report, I declare that the requisite quorum of unitholders is present and direct that the scrutineer's report be kept with the minutes of this meeting. I now declare that the meeting has been regularly called and is properly constituted for the transaction of business. As the first matter of formal business, I table at this meeting the financial statements of Killam Apartment REIT for the year ending December 31st, 2020, with a report of the auditors thereon. I do not propose to ask unitholders to approve the financial statements. We will now proceed with the election of trustees for the ensuing year. I now declare the meeting open for nominations. I nominate the following persons for election as trustees of the REIT for the ensuing year or until their successors are elected or appointed: Philip Fraser, Robert Richardson, Robert Kay, Aldéa M. Landry, James C. Lawley, Arthur G. Lloyd, Karine L. MacIndoe, Doug McGregor, Laurie M. MacKeigan, and Manfred J. Walt. I will now ask Dale Noseworthy to move and Robert Richardson to second the resolution to elect those nominated as trustees. Mr. Chairman, my name is Dale Noseworthy, and I move that those nominated be elected as trustees of the REIT to hold office until the next annual meeting of the unitholders or until their successors are elected or appointed. Mr. Chairman, my name is Robert Richardson, and I second the motion. You have heard the motion, and if there is no discussion, I will ask those in favor to signify by raising their hand. Any against? I declare the resolution carried and those nominated to be fully elected trustees of the REIT to hold office until the next annual meeting of unitholders or until their successors are elected or appointed. The next item of business is the appointment of the auditors. I will ask Dale Noseworthy to move and Robert Richardson to second the resolution appointing the auditors for the ensuing year. Mr. Chairman, my name is Dale Noseworthy, and I move that Ernst & Young LLP, Chartered Professional Accountants, be appointed auditors of the REIT to hold office until the next annual meeting of unitholders at such remuneration as may be fixed by the trustees and the trustees be authorized to fix such remuneration. Mr. Chairman, my name is Robert Richardson, and I second the motion. You have heard the motion. If there's no discussion, I will ask for those in favor to signify by raising your hand. Any against? I declare the resolution carried. Ernst & Young LLP, to be appointed auditors of the REIT to hold office until the next annual meeting of unitholders at such remuneration as may be fixed by the trustees. The next item of business is the advisory vote on Killam's approach to executive compensation as set forth in the information circular in respect of this meeting. I will ask Robert Richardson to move and Dale Noseworthy to second the resolution on the advisory basis, the approval of Killam's approach to executive compensation. Mr. Chairman, my name is Robert Richardson, and I move that on an advisory basis and not to diminish the role and responsibilities of the board of trustees that unitholders accept the approach to executive compensation disclosed in the information circular. Mr. Chairman, my name is Dale Noseworthy, and I second the motion. You have heard the motion, and if there is no discussion, I will ask for those in favor to signify by raising their hand. Any against? I declare the resolution carried. As there is no further formal business, may I please have a motion terminating the meeting? I move the meeting be terminated. I second the motion. All those in favor, please signify by raising their hand. Against? I declare the motion carried and the meeting terminated. Thank you for listening today, and we look forward to next year's annual meeting of unitholders. Ladies and gentlemen, this concludes your conference call for today. We thank you for participating, and we ask that you please disconnect your lines.