Canadian Apartment Properties Real Estate Investment Trust (CAR-UN) AGM 2026 summary

Opening remarks and agenda

• Meeting opened with a welcome and acknowledgment of forward-looking statements, followed by introductions and an outline of the meeting structure, including a formal session and a management presentation with Q&A to follow.

Board and executive committee updates

• Announced CEO Mark Kenney's retirement effective July 2, 2026, with Brad Cutsey named as successor and intended board member.

• Recognized retiring trustee Lori-Ann Beausoleil for her service and welcomed new trustee Francine Moore, highlighting her real estate and financial expertise.

Corporate governance

• Confirmed quorum and proper constitution of the meeting, with formal roles assigned for secretary and scrutineer.

• Nine trustee nominees presented and elected individually, following majority voting policy; all motions carried with strong favorability.

• Ernst & Young LLP appointed as auditors, with trustees authorized to fix remuneration.

• Non-binding advisory vote on executive compensation approved.