Mr. Vlad Volodarski reports

CHARTWELL Q2 2023 RESULTS RELEASE DATE AND CONFERENCE CALL

Chartwell Retirement Residences Real Estate Investment Trust will issue its financial results for the three and six months ended June 30, 2023, on the afternoon of Aug. 10, 2023.

A conference call hosted by Vlad Volodarski, chief executive officer, Karen Sullivan, president and chief operating officer, and Jonathan Boulakia, chief financial officer, chief investment officer and chief legal officer, will be held Friday, Aug. 11, 2023, at 10 a.m. ET.

The telephone numbers to participate in the conference call are as follows.

Local:  416-340-2217

Toll-free:  1-800-806-5484

Passcode:  3803627 followed by the pound key

A slide presentation to accompany management's comments during the conference call will be available on Chartwell's website; click on press and market information and follow the link to presentations/conference calls. Please dial in at least 15 minutes before the call commences if you wish to register to participate in the Q&A (question-and-answer) period.

The conference call can also be heard over the Internet. Listen to the live webcast on Chartwell's website and follow the link at the top of the page.

The telephone numbers to listen to the call after it is completed (instant replay) are local 905-694-9451 and toll-free 1-800-408-3053. The passcode for the instant replay is 3422281 followed by the pound key. These numbers will be available for 30 days. An audio file recording of the conference call will be archived on Chartwell's website.

About Chartwell Retirement Residences Real Estate Investment Trust

Chartwell is in the business of serving and caring for Canada's seniors. Chartwell is committed to its vision of making people's lives better and to providing a happier, healthier and more fulfilling life experience for its residents. Chartwell is an unincorporated, open-ended real estate trust that indirectly owns and operates a complete range of seniors housing residences, from independent supportive living through assisted living to long-term care. It is the largest operator in the Canadian seniors living sector with nearly 200 properties in four provinces, including properties under development.