Starlight U.S. Residential Fund announced July 2022 cash distribution amounts on its outstanding Class A Units, Class C Units, Class D Units, Class E Units, Class F Units, Class G, Class I and Class U Units, payable on August 15, 2022 to holders of Units of record at July 29, 2022. Class C Unit distributions presented include those entitlements for distributions related to Class B Units issued by a subsidiary of the Fund which are economically equivalent to Class C Units of the Fund. The distribution amounts will be as follows: CAD 0.03268 per Class A Unit and Class D Unit, representing approximately CAD 0.39221 per Unit on an annualized basis; CAD 0.03450 per Class C Unit and Class I Unit, representing approximately CAD 0.41395 per Unit on an annualized basis; USD 0.03372 per Class E Unit, representing approximately USD 0.40463 per Unit on an annualized basis; CAD 0.03372 per Class F Unit, representing approximately CAD 0.40463 per Unit on an annualized basis; and USD 0.03268 per Class G Unit and Class U Unit, representing approximately USD 0.39221 per Unit on an annualized basis.