TORONTO, May 07, 2024 (GLOBE NEWSWIRE) -- Allied Properties Real Estate Investment Trust (“Allied”) (TSX:AP.UN) announced today the results of matters voted on at its annual meeting of the holders (the “Unitholders”) of units and special voting units of Allied (collectively, “Units”) held on May 7, 2024 (the “Meeting”). The voting results for each of the matters presented at the Meeting are outlined below.
There were 61 Unitholders represented in person or by proxy at the Meeting holding 93,242,879 Units, representing 66.71% of Allied’s total issued and outstanding Units as at the record date of March 18, 2024.
1. Election of Trustees
Each of the nominees for election as trustees listed in Allied’s management information circular dated March 26, 2024, were elected as trustees of Allied for the ensuing year or until their successors are elected or appointed. Management received proxies in respect of the election of trustees of Allied as follows:
Votes For
Votes Withheld
#
%
#
%
Matthew Andrade
92,351,728
99.10%
836,556
0.90%
Kay Brekken
92,324,989
99.07%
863,295
0.93%
Hazel Claxton
92,112,282
98.85%
1,076,002
1.15%
Lois Cormack
92,336,681
99.09%
851,603
0.91%
Michael R. Emory
89,837,402
96.42%
3,333,715
3.58%
Antonia Rossi
92,105,114
98.84%
1,083,170
1.16%
Stephen L. Sender
92,805,674
99.59%
382,751
0.41%
Jennifer A. Tory
83,294,453
89.38%
9,893,831
10.62%
Cecilia C. Williams
92,817,637
99.60%
370,788
0.40%
2. Appointment of Auditor
Deloitte LLP, Chartered Professional Accountants, was appointed auditor of Allied until the next annual meeting of Unitholders at remuneration to be fixed by the trustees. Management received proxies in respect of the appointment of the auditor of Allied as follows:
Votes For
Votes Withheld
#
%
#
%
92,935,927
99.67%
306,952
0.33%
3. Say-on-Pay Advisory Vote
The non-binding advisory “Say-on-Pay” resolution on Allied’s approach to executive compensation was approved. Management received proxies in respect of the Say-on-Pay resolution as follows:
Votes For
Votes Against
#
%
#
%
76,040,482
81.75%
16,979,819
18.25%
ABOUT ALLIED Allied is a leading owner-operator of distinctive urban workspace in Canada’s major cities. Allied’s mission is to provide knowledge-based organizations with workspace that is sustainable and conducive to human wellness, creativity, connectivity and diversity. Allied’s vision is to make a continuous contribution to cities and culture that elevates and inspires the humanity in all people.