Experienced management team and board

The executive officers of the REIT have extensive real estate industry experience. The Board of Trustees offer significant experience in corporate governance, capital markets, real estate, legal and audit matters and is comprised of a majority of independent Trustees.

Board of Trustees

Our Board provides strong, independent oversight, guiding our strategic vision and ensuring adherence to the highest standards of governance.

Roger Greenberg

CHAIRMAN - NON-INDEPENDENT

Roger Greenberg is the Chairman of the Board of Trustees of Minto Apartment REIT. He is also the Executive Chairman of Minto Group as well as Executive Chairman and Managing Partner of the Ottawa Sports and Entertainment Group (OSEG).

Michael Waters FCPA, FCA

TRUSTEE - NON-INDEPENDENT

Michael Waters serves as Chief Executive Officer of Minto Group. As CEO of Minto Group, Michael has spearheaded the transformation and growth of Minto.

Jonathan Li

PRESIDENT AND CHIEF EXECUTIVE OFFICER - NON-INDEPENDENT

Jonathan Li brings over 25 years of corporate strategy, corporate finance and leadership to his role as President and CEO of the REIT.

Allan Kimberley

LEAD INDEPENDENT TRUSTEE

As a trustee of Minto Apartment REIT serving as both a member of the Audit Committee and the Compensation, Governance and Nominating Committee.

Heather Kirk

INDEPENDENT TRUSTEE

Heather brings more than 25 years of diverse real estate and capital markets experience, including asset management, mergers and acquisitions, investments, financing, capital raising, and corporate strategy.

Jacqueline Moss

INDEPENDENT TRUSTEE

Jacqueline brings over 20 years of experience leading human resources, legal strategy and corporate development with one of Canada's largest companies (CIBC).

Jo-Ann Lempert

INDEPENDENT TRUSTEE

Jo-Ann brings over 23 years of experience in complex transactions under International Financial Reporting Standards (IFRS) and Canadian Accounting Standards for Private Enterprises.

A strong governance foundation

Minto Apartment REIT is proud of the comprehensive governance structures we have established. We maintain high standards of conduct to ensure that we demonstrate honesty and integrity, behave fairly and ethically, and hold ourselves accountable to our commitments. We continue to advance our goal to build a dynamic, well-rounded Board that strengthens our commitment to a diverse and inclusive organization.

57%

Independent Board of Trustees

43%

Female Board Members

Board governance: A commitment to diversity and breadth of experience

An independent Lead Trustee, distinct from the Board Chair.
Separation of the Board Chair and CEO roles.
Board committees composed entirely of independent trustees:
- Audit Committee
- Compensation, Governance, and Nominating Committee
Related party transactions with the Minto Group are approved by the Independent trustees.
Approval of the overall strategic plan, business plan, and budget.
Oversight of financial reporting and internal controls, risk management including climate-related risk, cybersecurity, artificial intelligence, succession planning, and sustainability.
Outlining processes for evaluating Board and Committee effectiveness.
A continuing education program for Board members.

*Data in charts as of March 5, 2025

Gender and age of Board of Directors at Minto Apartments REIT