Boardwalk Real Estate Investment Trust and its Board of Trustees announced that Ms. Samantha Adams and Ms. Nandini Somayaji have recently joined the Trust's Senior Leadership team. Ms. Adams has joined the Trust as Senior Vice President, Investments. Ms. Adams brings over 20 years' experience with multiple real estate asset classes, including multi-family and industrial, throughout Canada and the United States.

Ms. Adams previously served as a Senior Vice President of Pure Multi-Family REIT LP (?Pure?), from the time of its IPO until its sale to Cortland Partners in 2019 for CAD 1.6 billion. Prior to her time with Pure, she was one of four principals at the Vancouver-based Sunstone Group of companies and was actively involved in three of Canada's most successful real estate platforms. Ms. Somayaji has joined the Trust as General Counsel and Corporate Secretary. Ms. Somayaji brings over 15 years of legal experience having previously worked with DIRTT Environmental Solutions as Senior Vice President Talent, General Counsel & Corporate Secretary, as well as Deloitte Legal and Bennett Jones.

Samantha brings extensive public company knowledge and real estate experience, as well as exceptional existing relationships across North America. Her vast experience in acquisitions, capital markets, corporate development, tax, legal, audit, finance, and corporate governance will be a great asset to team. As company continue to generate increased cash flows from strong organic growth, Samantha's addition positions well to further supplement growth through accretive opportunities and prudent capital allocation.

Nandini's addition allows to bring a significant amount of legal work in-house and further centralizes much of the Trust's risk management initiatives. Her previous experience further improves team with additional expertise and insights in corporate governance, human resources, ESG reporting, and cross-border tax law.