Killam Apartment REIT Announces Voting Results from 2019 Annual Meeting
22 Mai 2019 - 3:22PM
Killam Apartment REIT (TSX: KMP.UN) ("Killam") today announced the
voting results of matters voted on at its annual meeting of
unitholders (the "Meeting"), which was held in Moncton on May 17,
2019. The voting results of each of the matters considered at the
Meeting are presented below.
1) Election of TrusteesAll candidates proposed
in the Management Proxy Circular dated April 9, 2019, were elected
as trustees. The voting results of the trustees were as
follows:
Candidate |
Votes For |
% For |
Votes Withheld |
% Withheld |
Timothy R. Banks |
39,208,596 |
67.81% |
18,611,028 |
32.19% |
Philip D. Fraser |
56,336,322 |
97.43% |
1,483,302 |
2.57% |
Robert G. Kay |
50,746,898 |
87.77% |
7,072,726 |
12.23% |
Aldéa M. Landry |
56,428,931 |
97.59% |
1,390,693 |
2.41% |
James C. Lawley |
34,118,933 |
59.01% |
23,700,691 |
40.99% |
Arthur G. Lloyd |
51,803,647 |
89.60% |
6,015,977 |
10.40% |
Karine L. MacIndoe |
57,113,207 |
98.78% |
706,417 |
1.22% |
Robert G. Richardson |
50,671,318 |
87.64% |
7,148,306 |
12.36% |
Manfred J. Walt |
56,547,103 |
97.80% |
1,272,521 |
2.20% |
G. Wayne Watson |
50,277,981 |
86.96% |
7,541,643 |
13.04% |
2) Appointment of AuditorsErnst & Young LLP
was reappointed as the auditors of Killam, to hold office until the
next annual meeting of unitholders at remuneration to be fixed by
the board of trustees. The voting results for the reappointment of
the auditors were as follows:
Votes For |
% For |
Votes Withheld |
% Withheld |
56,623,165 |
97.93 |
% |
1,196,459 |
2.07 |
% |
3) Executive Compensation Advisory
VoteThe non-binding advisory say-on-pay resolution on
executive compensation was approved. The voting results for the
executive compensation advisory vote were as follows:
Votes For |
% For |
Votes Against |
% Against |
53,401,249 |
92.36 |
% |
4,418,375 |
7.64 |
% |
About Killam Apartment REIT
Killam Apartment REIT, based in Halifax, Nova
Scotia, is one of Canada's largest residential landlords, owning,
operating, managing and developing a $2.8 billion portfolio of
apartments and manufactured home communities. Killam’s strategy to
enhance value and profitability focuses on three priorities: 1)
increasing earnings from existing operations, 2) expanding the
portfolio and diversifying geographically through accretive
acquisitions, with an emphasis on newer properties, and 3)
developing high-quality properties in its core markets.
For information, please contact:
Nancy Alexander, CPA, CASenior Director,
Investor Relations & Performance
Analyticsnalexander@killamreit.com(902) 442-0374
Note: The Toronto Stock Exchange has neither
approved nor disapproved of the information contained
herein.
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