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CROMBIE REIT ANNOUNCES VOTING RESULTS AND ELECTION OF TRUSTEES

NEW GLASGOW, NS , May 13, 2022 /CNW/ - Crombie Real Estate Investment Trust ("Crombie") (TSX: CRR.UN) is pleased to announce the election of each of the nominees proposed for election at the annual general meeting of unitholders held on May 12, 2022 . The vote was conducted by ballot through the facilities of the webcast. In compliance with TSX rules, following are the detailed proxy tabulations for the appointment of Trustees, with 100% of the votes at the meeting being represented by proxy.

Trustee

Proxy tabulations


 

For

Withheld

Paul V. Beesley

122,798,530

(99.42%)

721,371

(0.58%)

Donald E. Clow

123,385,661

(99.89%)

134,240

(0.11%)

J. Michael Knowlton

122,459,668

(99.14%)

1,060,233

(0.86%)

Barbara Palk

119,415,506

(96.68%)

4,104,395

(3.32%)

Jason P. Shannon

123,381,950

(99.89%)

137,951

(0.11%)

Michael Waters

123,458,740

(99.95%)

61,161

(0.05%)

Karen Weaver

120,959,111

(97.93%)

2,560,790

(2.07%)



Voting results on additional resolutions were as follows:

Resolution

Proxy tabulations


 

For

Withheld

Appointment of Auditors: PricewaterhouseCoopers LLP

124,039,415

(99.95%)

60,318

(0.05%)

Resolution

Proxy tabulations


 

For

Against

Approval for the authorization of the Trustees to fix

remuneration of the Auditors

123,441,781

(99.94%)

78,120

(0.06%)


 

 

 

Approve an advisory resolution on executive compensation

122,508,529

(98.95%)

1,301,710

(1.05%)

About Crombie REIT

Crombie Real Estate Investment Trust ("Crombie") invests in real estate that enriches local communities and enables long-term sustainable growth. As one of the country's leading owners, operators, and developers of quality real estate, Crombie's portfolio primarily includes grocery-anchored retail, retail-related industrial, and mixed-used residential properties in Canada's top urban and suburban markets. As at March 31, 2022 , our portfolio contains 294 income-producing properties comprising approximately 18.5 million square feet, and a significant pipeline of future development projects. Learn more at www.crombie.ca .