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   <title>Firm Capital Apartment REIT Announces Results of Annual and Special Meeting</title>
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&lt;p align=&quot;justify&quot;&gt;TORONTO, June  23, 2026  (GLOBE NEWSWIRE) -- Firm Capital Apartment REIT (the “&lt;strong&gt;Trust&lt;/strong&gt;”) (TSXV: FCA.U) (TSXV: FCA) is pleased to report that, at the annual and special meeting (the “Meeting”) of unitholders held earlier today, all trustee nominees were elected as trustees of the Trust.&lt;/p&gt;  &lt;p align=&quot;justify&quot;&gt;In addition, all other items, including the appointment of auditors and the re-approval of the unit option plan, were also approved, details of which are contained in the meeting materials filed by the Trust on SEDAR+ at &lt;a target=&quot;_blank&quot; href=&quot;http://www.sedarplus.ca&quot;&gt;www.sedarplus.ca&lt;/a&gt;.&lt;/p&gt;  &lt;p align=&quot;justify&quot;&gt;&lt;em&gt;Neither the TSX Venture Exchange nor its Regulation</description>
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   <title>Firm Capital Apartment REIT Announces Results of Annual and Special Meeting</title>
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&lt;p align=&quot;justify&quot;&gt;TORONTO, June  23, 2026  (GLOBE NEWSWIRE) -- Firm Capital Apartment REIT (the “&lt;strong&gt;Trust&lt;/strong&gt;”) (TSXV: FCA.U) (TSXV: FCA) is pleased to report that, at the annual and special meeting (the “Meeting”) of unitholders held earlier today, all trustee nominees were elected as trustees of the Trust.&lt;/p&gt;  &lt;p align=&quot;justify&quot;&gt;In addition, all other items, including the appointment of auditors and the re-approval of the unit option plan, were also approved, details of which are contained in the meeting materials filed by the Trust on SEDAR+ at &lt;a target=&quot;_blank&quot; href=&quot;http://www.sedarplus.ca&quot;&gt;www.sedarplus.ca&lt;/a&gt;.&lt;/p&gt;  &lt;p align=&quot;justify&quot;&gt;&lt;em&gt;Neither the TSX Venture Exchange nor its Regulation</description>
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   <title>Firm Capital Apartment REIT Announces Results of Annual and Special Meeting</title>
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&lt;p align=&quot;justify&quot;&gt;TORONTO, June  23, 2026  (GLOBE NEWSWIRE) -- Firm Capital Apartment REIT (the “&lt;strong&gt;Trust&lt;/strong&gt;”) (TSXV: FCA.U) (TSXV: FCA) is pleased to report that, at the annual and special meeting (the “Meeting”) of unitholders held earlier today, all trustee nominees were elected as trustees of the Trust.&lt;/p&gt;  &lt;p align=&quot;justify&quot;&gt;In addition, all other items, including the appointment of auditors and the re-approval of the unit option plan, were also approved, details of which are contained in the meeting materials filed by the Trust on SEDAR+ at &lt;a target=&quot;_blank&quot; href=&quot;http://www.sedarplus.ca&quot;&gt;www.sedarplus.ca&lt;/a&gt;.&lt;/p&gt;  &lt;p align=&quot;justify&quot;&gt;&lt;em&gt;Neither the TSX Venture Exchange nor its Regulation</description>
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&lt;p align=&quot;justify&quot;&gt;TORONTO, June  23, 2026  (GLOBE NEWSWIRE) -- Firm Capital Apartment REIT (the “&lt;strong&gt;Trust&lt;/strong&gt;”) (TSXV: FCA.U) (TSXV: FCA) is pleased to report that, at the annual and special meeting (the “Meeting”) of unitholders held earlier today, all trustee nominees were elected as trustees of the Trust.&lt;/p&gt;  &lt;p align=&quot;justify&quot;&gt;In addition, all other items, including the appointment of auditors and the re-approval of the unit option plan, were also approved, details of which are contained in the meeting materials filed by the Trust on SEDAR+ at &lt;a target=&quot;_blank&quot; href=&quot;http://www.sedarplus.ca&quot;&gt;www.sedarplus.ca&lt;/a&gt;.&lt;/p&gt;  &lt;p align=&quot;justify&quot;&gt;&lt;em&gt;Neither the TSX Venture Exchange nor its Regulation</description>
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&lt;p align=&quot;justify&quot;&gt;TORONTO, June  23, 2026  (GLOBE NEWSWIRE) -- Firm Capital Apartment REIT (the “&lt;strong&gt;Trust&lt;/strong&gt;”) (TSXV: FCA.U) (TSXV: FCA) is pleased to report that, at the annual and special meeting (the “Meeting”) of unitholders held earlier today, all trustee nominees were elected as trustees of the Trust.&lt;/p&gt;  &lt;p align=&quot;justify&quot;&gt;In addition, all other items, including the appointment of auditors and the re-approval of the unit option plan, were also approved, details of which are contained in the meeting materials filed by the Trust on SEDAR+ at &lt;a target=&quot;_blank&quot; href=&quot;http://www.sedarplus.ca&quot;&gt;www.sedarplus.ca&lt;/a&gt;.&lt;/p&gt;  &lt;p align=&quot;justify&quot;&gt;&lt;em&gt;Neither the TSX Venture Exchange nor its Regulation</description>
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   <title>Firm Capital Apartment REIT Announces Results of Annual and Special Meeting</title>
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&lt;p align=&quot;justify&quot;&gt;TORONTO, June  23, 2026  (GLOBE NEWSWIRE) -- Firm Capital Apartment REIT (the “&lt;strong&gt;Trust&lt;/strong&gt;”) (TSXV: FCA.U) (TSXV: FCA) is pleased to report that, at the annual and special meeting (the “Meeting”) of unitholders held earlier today, all trustee nominees were elected as trustees of the Trust.&lt;/p&gt;  &lt;p align=&quot;justify&quot;&gt;In addition, all other items, including the appointment of auditors and the re-approval of the unit option plan, were also approved, details of which are contained in the meeting materials filed by the Trust on SEDAR+ at &lt;a target=&quot;_blank&quot; href=&quot;http://www.sedarplus.ca&quot;&gt;www.sedarplus.ca&lt;/a&gt;.&lt;/p&gt;  &lt;p align=&quot;justify&quot;&gt;&lt;em&gt;Neither the TSX Venture Exchange nor its Regulation</description>
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&lt;p align=&quot;justify&quot;&gt;TORONTO, June  23, 2026  (GLOBE NEWSWIRE) -- Firm Capital Apartment REIT (the “&lt;strong&gt;Trust&lt;/strong&gt;”) (TSXV: FCA.U) (TSXV: FCA) is pleased to report that, at the annual and special meeting (the “Meeting”) of unitholders held earlier today, all trustee nominees were elected as trustees of the Trust.&lt;/p&gt;  &lt;p align=&quot;justify&quot;&gt;In addition, all other items, including the appointment of auditors and the re-approval of the unit option plan, were also approved, details of which are contained in the meeting materials filed by the Trust on SEDAR+ at &lt;a target=&quot;_blank&quot; href=&quot;http://www.sedarplus.ca&quot;&gt;www.sedarplus.ca&lt;/a&gt;.&lt;/p&gt;  &lt;p align=&quot;justify&quot;&gt;&lt;em&gt;Neither the TSX Venture Exchange nor its Regulation</description>
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&lt;p align=&quot;justify&quot;&gt;TORONTO, June  23, 2026  (GLOBE NEWSWIRE) -- Firm Capital Apartment REIT (the “&lt;strong&gt;Trust&lt;/strong&gt;”) (TSXV: FCA.U) (TSXV: FCA) is pleased to report that, at the annual and special meeting (the “Meeting”) of unitholders held earlier today, all trustee nominees were elected as trustees of the Trust.&lt;/p&gt;  &lt;p align=&quot;justify&quot;&gt;In addition, all other items, including the appointment of auditors and the re-approval of the unit option plan, were also approved, details of which are contained in the meeting materials filed by the Trust on SEDAR+ at &lt;a target=&quot;_blank&quot; href=&quot;http://www.sedarplus.ca&quot;&gt;www.sedarplus.ca&lt;/a&gt;.&lt;/p&gt;  &lt;p align=&quot;justify&quot;&gt;&lt;em&gt;Neither the TSX Venture Exchange nor its Regulation</description>
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&lt;p align=&quot;justify&quot;&gt;TORONTO, June  23, 2026  (GLOBE NEWSWIRE) -- Firm Capital Apartment REIT (the “&lt;strong&gt;Trust&lt;/strong&gt;”) (TSXV: FCA.U) (TSXV: FCA) is pleased to report that, at the annual and special meeting (the “Meeting”) of unitholders held earlier today, all trustee nominees were elected as trustees of the Trust.&lt;/p&gt;  &lt;p align=&quot;justify&quot;&gt;In addition, all other items, including the appointment of auditors and the re-approval of the unit option plan, were also approved, details of which are contained in the meeting materials filed by the Trust on SEDAR+ at &lt;a target=&quot;_blank&quot; href=&quot;http://www.sedarplus.ca&quot;&gt;www.sedarplus.ca&lt;/a&gt;.&lt;/p&gt;  &lt;p align=&quot;justify&quot;&gt;&lt;em&gt;Neither the TSX Venture Exchange nor its Regulation</description>
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&lt;p align=&quot;justify&quot;&gt;TORONTO, June  23, 2026  (GLOBE NEWSWIRE) -- Firm Capital Apartment REIT (the “&lt;strong&gt;Trust&lt;/strong&gt;”) (TSXV: FCA.U) (TSXV: FCA) is pleased to report that, at the annual and special meeting (the “Meeting”) of unitholders held earlier today, all trustee nominees were elected as trustees of the Trust.&lt;/p&gt;  &lt;p align=&quot;justify&quot;&gt;In addition, all other items, including the appointment of auditors and the re-approval of the unit option plan, were also approved, details of which are contained in the meeting materials filed by the Trust on SEDAR+ at &lt;a target=&quot;_blank&quot; href=&quot;http://www.sedarplus.ca&quot;&gt;www.sedarplus.ca&lt;/a&gt;.&lt;/p&gt;  &lt;p align=&quot;justify&quot;&gt;&lt;em&gt;Neither the TSX Venture Exchange nor its Regulation</description>
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   <title>Firm Capital Apartment REIT Announces Results of Annual and Special Meeting</title>
   <link>http://www.streetinsider.com/Globe+Newswire/Firm+Capital+Apartment+REIT+Announces+Results+of+Annual+and+Special+Meeting/26680386.html</link>
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&lt;p align=&quot;justify&quot;&gt;TORONTO, June  23, 2026  (GLOBE NEWSWIRE) -- Firm Capital Apartment REIT (the “&lt;strong&gt;Trust&lt;/strong&gt;”) (TSXV: FCA.U) (TSXV: FCA) is pleased to report that, at the annual and special meeting (the “Meeting”) of unitholders held earlier today, all trustee nominees were elected as trustees of the Trust.&lt;/p&gt;  &lt;p align=&quot;justify&quot;&gt;In addition, all other items, including the appointment of auditors and the re-approval of the unit option plan, were also approved, details of which are contained in the meeting materials filed by the Trust on SEDAR+ at &lt;a target=&quot;_blank&quot; href=&quot;http://www.sedarplus.ca&quot;&gt;www.sedarplus.ca&lt;/a&gt;.&lt;/p&gt;  &lt;p align=&quot;justify&quot;&gt;&lt;em&gt;Neither the TSX Venture Exchange nor its Regulation</description>
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   <pubDate>Tue, 23 Jun 2026 17:01:00 -0400</pubDate>
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   <title>Firm Capital Apartment REIT Announces Results of Annual and Special Meeting</title>
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&lt;p align=&quot;justify&quot;&gt;TORONTO, June  23, 2026  (GLOBE NEWSWIRE) -- Firm Capital Apartment REIT (the “&lt;strong&gt;Trust&lt;/strong&gt;”) (TSXV: FCA.U) (TSXV: FCA) is pleased to report that, at the annual and special meeting (the “Meeting”) of unitholders held earlier today, all trustee nominees were elected as trustees of the Trust.&lt;/p&gt;  &lt;p align=&quot;justify&quot;&gt;In addition, all other items, including the appointment of auditors and the re-approval of the unit option plan, were also approved, details of which are contained in the meeting materials filed by the Trust on SEDAR+ at &lt;a target=&quot;_blank&quot; href=&quot;http://www.sedarplus.ca&quot;&gt;www.sedarplus.ca&lt;/a&gt;.&lt;/p&gt;  &lt;p align=&quot;justify&quot;&gt;&lt;em&gt;Neither the TSX Venture Exchange nor its Regulation</description>
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   <title>Firm Capital Apartment REIT Announces Results of Annual and Special Meeting</title>
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&lt;p align=&quot;justify&quot;&gt;TORONTO, June  23, 2026  (GLOBE NEWSWIRE) -- Firm Capital Apartment REIT (the “&lt;strong&gt;Trust&lt;/strong&gt;”) (TSXV: FCA.U) (TSXV: FCA) is pleased to report that, at the annual and special meeting (the “Meeting”) of unitholders held earlier today, all trustee nominees were elected as trustees of the Trust.&lt;/p&gt;  &lt;p align=&quot;justify&quot;&gt;In addition, all other items, including the appointment of auditors and the re-approval of the unit option plan, were also approved, details of which are contained in the meeting materials filed by the Trust on SEDAR+ at &lt;a target=&quot;_blank&quot; href=&quot;http://www.sedarplus.ca&quot;&gt;www.sedarplus.ca&lt;/a&gt;.&lt;/p&gt;  &lt;p align=&quot;justify&quot;&gt;&lt;em&gt;Neither the TSX Venture Exchange nor its Regulation</description>
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   <title>Firm Capital Apartment REIT Announces Results of Annual and Special Meeting</title>
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&lt;p align=&quot;justify&quot;&gt;TORONTO, June  23, 2026  (GLOBE NEWSWIRE) -- Firm Capital Apartment REIT (the “&lt;strong&gt;Trust&lt;/strong&gt;”) (TSXV: FCA.U) (TSXV: FCA) is pleased to report that, at the annual and special meeting (the “Meeting”) of unitholders held earlier today, all trustee nominees were elected as trustees of the Trust.&lt;/p&gt;  &lt;p align=&quot;justify&quot;&gt;In addition, all other items, including the appointment of auditors and the re-approval of the unit option plan, were also approved, details of which are contained in the meeting materials filed by the Trust on SEDAR+ at &lt;a target=&quot;_blank&quot; href=&quot;http://www.sedarplus.ca&quot;&gt;www.sedarplus.ca&lt;/a&gt;.&lt;/p&gt;  &lt;p align=&quot;justify&quot;&gt;&lt;em&gt;Neither the TSX Venture Exchange nor its Regulation</description>
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   <title>Firm Capital Apartment REIT Announces Results of Annual and Special Meeting</title>
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&lt;p align=&quot;justify&quot;&gt;TORONTO, June  23, 2026  (GLOBE NEWSWIRE) -- Firm Capital Apartment REIT (the “&lt;strong&gt;Trust&lt;/strong&gt;”) (TSXV: FCA.U) (TSXV: FCA) is pleased to report that, at the annual and special meeting (the “Meeting”) of unitholders held earlier today, all trustee nominees were elected as trustees of the Trust.&lt;/p&gt;  &lt;p align=&quot;justify&quot;&gt;In addition, all other items, including the appointment of auditors and the re-approval of the unit option plan, were also approved, details of which are contained in the meeting materials filed by the Trust on SEDAR+ at &lt;a target=&quot;_blank&quot; href=&quot;http://www.sedarplus.ca&quot;&gt;www.sedarplus.ca&lt;/a&gt;.&lt;/p&gt;  &lt;p align=&quot;justify&quot;&gt;&lt;em&gt;Neither the TSX Venture Exchange nor its Regulation</description>
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   <title>Firm Capital Apartment REIT Announces Results of Annual and Special Meeting</title>
   <link>http://www.streetinsider.com/Globe+Newswire/Firm+Capital+Apartment+REIT+Announces+Results+of+Annual+and+Special+Meeting/26680386.html</link>
   <description>
&lt;p align=&quot;justify&quot;&gt;TORONTO, June  23, 2026  (GLOBE NEWSWIRE) -- Firm Capital Apartment REIT (the “&lt;strong&gt;Trust&lt;/strong&gt;”) (TSXV: FCA.U) (TSXV: FCA) is pleased to report that, at the annual and special meeting (the “Meeting”) of unitholders held earlier today, all trustee nominees were elected as trustees of the Trust.&lt;/p&gt;  &lt;p align=&quot;justify&quot;&gt;In addition, all other items, including the appointment of auditors and the re-approval of the unit option plan, were also approved, details of which are contained in the meeting materials filed by the Trust on SEDAR+ at &lt;a target=&quot;_blank&quot; href=&quot;http://www.sedarplus.ca&quot;&gt;www.sedarplus.ca&lt;/a&gt;.&lt;/p&gt;  &lt;p align=&quot;justify&quot;&gt;&lt;em&gt;Neither the TSX Venture Exchange nor its Regulation</description>
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   <title>Firm Capital Apartment REIT Announces Results of Annual and Special Meeting</title>
   <link>http://www.streetinsider.com/Globe+Newswire/Firm+Capital+Apartment+REIT+Announces+Results+of+Annual+and+Special+Meeting/26680386.html</link>
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&lt;p align=&quot;justify&quot;&gt;TORONTO, June  23, 2026  (GLOBE NEWSWIRE) -- Firm Capital Apartment REIT (the “&lt;strong&gt;Trust&lt;/strong&gt;”) (TSXV: FCA.U) (TSXV: FCA) is pleased to report that, at the annual and special meeting (the “Meeting”) of unitholders held earlier today, all trustee nominees were elected as trustees of the Trust.&lt;/p&gt;  &lt;p align=&quot;justify&quot;&gt;In addition, all other items, including the appointment of auditors and the re-approval of the unit option plan, were also approved, details of which are contained in the meeting materials filed by the Trust on SEDAR+ at &lt;a target=&quot;_blank&quot; href=&quot;http://www.sedarplus.ca&quot;&gt;www.sedarplus.ca&lt;/a&gt;.&lt;/p&gt;  &lt;p align=&quot;justify&quot;&gt;&lt;em&gt;Neither the TSX Venture Exchange nor its Regulation</description>
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   <title>Firm Capital Apartment REIT Announces Results of Annual and Special Meeting</title>
   <link>http://www.streetinsider.com/Globe+Newswire/Firm+Capital+Apartment+REIT+Announces+Results+of+Annual+and+Special+Meeting/26680386.html</link>
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&lt;p align=&quot;justify&quot;&gt;TORONTO, June  23, 2026  (GLOBE NEWSWIRE) -- Firm Capital Apartment REIT (the “&lt;strong&gt;Trust&lt;/strong&gt;”) (TSXV: FCA.U) (TSXV: FCA) is pleased to report that, at the annual and special meeting (the “Meeting”) of unitholders held earlier today, all trustee nominees were elected as trustees of the Trust.&lt;/p&gt;  &lt;p align=&quot;justify&quot;&gt;In addition, all other items, including the appointment of auditors and the re-approval of the unit option plan, were also approved, details of which are contained in the meeting materials filed by the Trust on SEDAR+ at &lt;a target=&quot;_blank&quot; href=&quot;http://www.sedarplus.ca&quot;&gt;www.sedarplus.ca&lt;/a&gt;.&lt;/p&gt;  &lt;p align=&quot;justify&quot;&gt;&lt;em&gt;Neither the TSX Venture Exchange nor its Regulation</description>
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   <title>Firm Capital Apartment REIT Announces Results of Annual and Special Meeting</title>
   <link>http://www.streetinsider.com/Globe+Newswire/Firm+Capital+Apartment+REIT+Announces+Results+of+Annual+and+Special+Meeting/26680386.html</link>
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&lt;p align=&quot;justify&quot;&gt;TORONTO, June  23, 2026  (GLOBE NEWSWIRE) -- Firm Capital Apartment REIT (the “&lt;strong&gt;Trust&lt;/strong&gt;”) (TSXV: FCA.U) (TSXV: FCA) is pleased to report that, at the annual and special meeting (the “Meeting”) of unitholders held earlier today, all trustee nominees were elected as trustees of the Trust.&lt;/p&gt;  &lt;p align=&quot;justify&quot;&gt;In addition, all other items, including the appointment of auditors and the re-approval of the unit option plan, were also approved, details of which are contained in the meeting materials filed by the Trust on SEDAR+ at &lt;a target=&quot;_blank&quot; href=&quot;http://www.sedarplus.ca&quot;&gt;www.sedarplus.ca&lt;/a&gt;.&lt;/p&gt;  &lt;p align=&quot;justify&quot;&gt;&lt;em&gt;Neither the TSX Venture Exchange nor its Regulation</description>
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   <title>Firm Capital Apartment REIT Announces Results of Annual and Special Meeting</title>
   <link>http://www.streetinsider.com/Globe+Newswire/Firm+Capital+Apartment+REIT+Announces+Results+of+Annual+and+Special+Meeting/26680386.html</link>
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&lt;p align=&quot;justify&quot;&gt;TORONTO, June  23, 2026  (GLOBE NEWSWIRE) -- Firm Capital Apartment REIT (the “&lt;strong&gt;Trust&lt;/strong&gt;”) (TSXV: FCA.U) (TSXV: FCA) is pleased to report that, at the annual and special meeting (the “Meeting”) of unitholders held earlier today, all trustee nominees were elected as trustees of the Trust.&lt;/p&gt;  &lt;p align=&quot;justify&quot;&gt;In addition, all other items, including the appointment of auditors and the re-approval of the unit option plan, were also approved, details of which are contained in the meeting materials filed by the Trust on SEDAR+ at &lt;a target=&quot;_blank&quot; href=&quot;http://www.sedarplus.ca&quot;&gt;www.sedarplus.ca&lt;/a&gt;.&lt;/p&gt;  &lt;p align=&quot;justify&quot;&gt;&lt;em&gt;Neither the TSX Venture Exchange nor its Regulation</description>
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   <title>Firm Capital Apartment Real Estate Investment Trust Announces Undertaking Regarding Incentive Unit Option Plan</title>
   <link>http://www.streetinsider.com/Press+Releases/Firm+Capital+Apartment+Real+Estate+Investment+Trust+Announces+Undertaking+Regarding+Incentive+Unit+Option+Plan/26671749.html</link>
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&lt;p align=&quot;justify&quot;&gt;TORONTO, June  22, 2026  (GLOBE NEWSWIRE) -- Firm Capital Apartment Real Estate Investment Trust (the “&lt;strong&gt;Trust&lt;/strong&gt;”), (TSXV: FCA.U), (TSXV: FCA.UN) today announced that its Board of Trustees (the &amp;quot;Board&amp;quot;) has approved and executed a binding undertaking (the &amp;quot;Undertaking&amp;quot;) regarding its Incentive Unit Option Plan (the &amp;quot;Plan&amp;quot;).&lt;/p&gt;  &lt;p align=&quot;justify&quot;&gt;In response to constructive feedback from unitholders, provided in connection with the re-approval of the Plan being sought at the Trust&amp;apos;s annual and special meeting scheduled for June 23, 2026, and to ensure strict alignment with investor interests, the Undertaking establishes a definitive pricing floor for any option grants. Specifically,</description>
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   <pubDate>Mon, 22 Jun 2026 11:47:00 -0400</pubDate>
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   <title>Firm Capital Apartment Real Estate Investment Trust Announces Undertaking Regarding Incentive Unit Option Plan</title>
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&lt;p align=&quot;justify&quot;&gt;TORONTO, June  22, 2026  (GLOBE NEWSWIRE) -- Firm Capital Apartment Real Estate Investment Trust (the “&lt;strong&gt;Trust&lt;/strong&gt;”), (TSXV: FCA.U), (TSXV: FCA.UN) today announced that its Board of Trustees (the &amp;quot;Board&amp;quot;) has approved and executed a binding undertaking (the &amp;quot;Undertaking&amp;quot;) regarding its Incentive Unit Option Plan (the &amp;quot;Plan&amp;quot;).&lt;/p&gt;  &lt;p align=&quot;justify&quot;&gt;In response to constructive feedback from unitholders, provided in connection with the re-approval of the Plan being sought at the Trust&amp;apos;s annual and special meeting scheduled for June 23, 2026, and to ensure strict alignment with investor interests, the Undertaking establishes a definitive pricing floor for any option grants. Specifically,</description>
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   <title>Firm Capital Apartment Real Estate Investment Trust Announces Undertaking Regarding Incentive Unit Option Plan</title>
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&lt;p align=&quot;justify&quot;&gt;TORONTO, June  22, 2026  (GLOBE NEWSWIRE) -- Firm Capital Apartment Real Estate Investment Trust (the “&lt;strong&gt;Trust&lt;/strong&gt;”), (TSXV: FCA.U), (TSXV: FCA.UN) today announced that its Board of Trustees (the &amp;quot;Board&amp;quot;) has approved and executed a binding undertaking (the &amp;quot;Undertaking&amp;quot;) regarding its Incentive Unit Option Plan (the &amp;quot;Plan&amp;quot;).&lt;/p&gt;  &lt;p align=&quot;justify&quot;&gt;In response to constructive feedback from unitholders, provided in connection with the re-approval of the Plan being sought at the Trust&amp;apos;s annual and special meeting scheduled for June 23, 2026, and to ensure strict alignment with investor interests, the Undertaking establishes a definitive pricing floor for any option grants. Specifically,</description>
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   <title>Firm Capital Apartment Real Estate Investment Trust Announces Undertaking Regarding Incentive Unit Option Plan</title>
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&lt;p align=&quot;justify&quot;&gt;TORONTO, June  22, 2026  (GLOBE NEWSWIRE) -- Firm Capital Apartment Real Estate Investment Trust (the “&lt;strong&gt;Trust&lt;/strong&gt;”), (TSXV: FCA.U), (TSXV: FCA.UN) today announced that its Board of Trustees (the &amp;quot;Board&amp;quot;) has approved and executed a binding undertaking (the &amp;quot;Undertaking&amp;quot;) regarding its Incentive Unit Option Plan (the &amp;quot;Plan&amp;quot;).&lt;/p&gt;  &lt;p align=&quot;justify&quot;&gt;In response to constructive feedback from unitholders, provided in connection with the re-approval of the Plan being sought at the Trust&amp;apos;s annual and special meeting scheduled for June 23, 2026, and to ensure strict alignment with investor interests, the Undertaking establishes a definitive pricing floor for any option grants. Specifically,</description>
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&lt;p align=&quot;justify&quot;&gt;TORONTO, June  22, 2026  (GLOBE NEWSWIRE) -- Firm Capital Apartment Real Estate Investment Trust (the “&lt;strong&gt;Trust&lt;/strong&gt;”), (TSXV: FCA.U), (TSXV: FCA.UN) today announced that its Board of Trustees (the &amp;quot;Board&amp;quot;) has approved and executed a binding undertaking (the &amp;quot;Undertaking&amp;quot;) regarding its Incentive Unit Option Plan (the &amp;quot;Plan&amp;quot;).&lt;/p&gt;  &lt;p align=&quot;justify&quot;&gt;In response to constructive feedback from unitholders, provided in connection with the re-approval of the Plan being sought at the Trust&amp;apos;s annual and special meeting scheduled for June 23, 2026, and to ensure strict alignment with investor interests, the Undertaking establishes a definitive pricing floor for any option grants. Specifically,</description>
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