Killam Apartment REIT Announces Voting Results from 2024 Annual Meeting of Unitholders

HALIFAX, NS, May 10, 2024 /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 8, 2024. 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, 2024, were elected as trustees. The voting results of the trustees were as follows:

Candidate	Votes For	% For	Votes Withheld	% Withheld
Philip D. Fraser	78,565,568	98.85 %	911,684	1.15 %
Aldéa M. Landry	75,813,052	95.39 %	3,664,200	4.61 %
James C. Lawley	68,929,968	86.73 %	10,547,284	13.27 %
Karine L. MacIndoe	78,507,149	98.78 %	970,103	1.22 %
Laurie M. MacKeigan	79,422,674	99.93 %	54,578	0.07 %
Doug McGregor	74,962,151	94.32 %	4,515,101	5.68 %
Robert G. Richardson	77,524,770	97.54 %	1,952,482	2.46 %
Manfred J. Walt	78,149,578	98.33 %	1,327,674	1.67 %
Andrée Savoie	78,587,362	98.88 %	889,890	1.12 %
Shant Poladian	79,415,897	99.92 %	61,355	0.08 %

 

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
69,025,958	86.85 %	10,451,294	13.15 %

 

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	Spoiled
73,517,783	92.51 %	5,956,019	7.49 %	3,450

 

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 $5.2 billion portfolio of apartments and manufactured home communities. Killam's strategy to enhance value and profitability focuses on three priorities: 1) increase earnings from existing operations, 2) expand the portfolio and diversify geographically through accretive acquisitions and dispositions, with an emphasis on acquiring newer properties, and 3) develop 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

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