Sun Residential Real Estate Investment Trust announced that its Board of Trustees has approved the initiation of a quarterly distribution program and has declared an inaugural quarterly distribution of CAD 0.00095 (0.095 Canadian cents) per unit to be paid during the first quarter of 2023. This distribution will be paid March 31, 2023 to unitholders of record as of the close of business on March 10, 2023, and represents an annual rate of CAD 0.0038 (0.38 Canadian cents) per unit.