HALIFAX,
NS, May 5, 2023 /CNW/ - 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 Halifax on May 5,
2023. The voting results of each of the matters considered
at the Meeting are presented below.
1) Election of Trustees
All candidates
proposed in the Management Proxy Circular dated March 28, 2023, were elected as trustees. The
voting results of the trustees were as follows:
|
Candidate
|
Votes
For
|
% For
|
Votes
Withheld
|
%
Withheld
|
Votes
Spoiled
|
|
Philip D.
Fraser
|
78,183,103
|
98.81 %
|
937,720
|
1.19 %
|
27,672
|
|
Robert G.
Kay
|
75,648,416
|
95.58 %
|
3,500,079
|
4.42 %
|
-
|
|
Aldéa M.
Landry
|
75,454,133
|
95.33 %
|
3,694,362
|
4.67 %
|
-
|
|
James C.
Lawley
|
73,550,882
|
92.96 %
|
5,569,941
|
7.04 %
|
27,672
|
|
Karine L.
MacIndoe
|
77,479,764
|
97.89 %
|
1,668,731
|
2.11 %
|
-
|
|
Laurie M.
MacKeigan
|
79,012,952
|
99.83 %
|
135,543
|
0.17 %
|
-
|
|
Doug
McGregor
|
75,436,715
|
95.34 %
|
3,684,108
|
4.66 %
|
27,672
|
|
Robert G.
Richardson
|
77,315,582
|
97.68 %
|
1,832,913
|
2.32 %
|
-
|
|
Manfred J.
Walt
|
69,000,710
|
87.18 %
|
10,147,785
|
12.82 %
|
-
|
2) Appointment of Auditors
Ernst &
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
|
|
73,036,951
|
92.28 %
|
6,111,544
|
7.72 %
|
3) Executive Compensation Advisory
Vote
The 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
|
|
72,645,470
|
91.78 %
|
6,503,025
|
8.22 %
|
About Killam Apartment REIT
Killam Apartment REIT, based in Halifax, Nova Scotia, is one of Canada's largest residential real estate
investment trusts, owning, operating, managing and developing a
$4.9 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.
Note: The Toronto Stock Exchange has neither approved nor
disapproved of the information contained herein.
SOURCE Killam Apartment Real Estate Investment Trust