SmartCentres Real Estate Investment Trust Announces Voting Results From Annual Meeting of Holders of Units and Special Voting Units

Executive Summary

• SmartCentres Real Estate Investment Trust announced the voting results from its Annual General Meeting (AGM), where unitholders voted in favor of all presented items.
• The meeting resulted in the election of six trustees and the appointment of PricewaterhouseCoopers LLP as the company's auditor.
• Unitholders approved the company's approach to executive compensation ("say-on-pay") and the adoption of a new long-term incentive plan.

Key Details

• Voting Participation: 63,377,146 Units and 33,565,081 SVUs were represented, totaling 54.37% of issued and outstanding Units and SVUs.
• Trustee Election Results (Votes For):
  • Janet Bannister: 99.62%
  • Neil Cunningham: 99.53%
  • Garry Foster: 98.36%
  • Sylvie Lachance: 99.86%
  • Sharm Powell: 97.29%
  • Michael Young: 97.96%
• Auditor Appointment: PricewaterhouseCoopers LLP was appointed as the auditor.
• Executive Compensation: 98.50% of Units and SVUs voted in favor of the approach to executive compensation.
• Long-Term Incentive Plan: 98.79% of Units and SVUs voted in favor of adopting a new long-term incentive plan.