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