Granite REIT Announces Voting Results From Its 2023 Joint Annual General Meetings of Stapled Unitholders
Granite Real Estate Investment Trust (“Granite REIT”) and Granite REIT Inc. (“Granite GP”) (collectively “Granite”) (TSX: GRT.UN / NYSE: GRP.U) announced today the results of the matters voted on at their joint annual general meetings of stapled unitholders held earlier today (the “Meetings”). Each of the individuals nominated for election as a trustee of Granite REIT and a director of Granite GP, as set out in Granite’s Management Information Circular dated April 12, 2023, were elected as set out below.
A total of 49,393,327 stapled units (77.49% of outstanding stapled units) were represented in person or by proxy at the Meetings.
The votes were conducted by show of hands in respect of all matters. Proxies received by management in advance of the Meetings indicated the following:
As Trustee of Granite REIT
As Director of Granite GP
Nominee
Votes For
%
Votes
Withheld
%
Votes For
%
Votes
Withheld
%
Peter Aghar
49,109,699
99.95
26,699
0.05
49,061,842
99.85
74,556
0.15
Remco Daal
47,586,666
96.85
1,549,732
3.15
47,357,166
96.38
1,779,232
3.62
Kevan Gorrie
49,107,476
99.94
28,922
0.06
49,056,653
99.84
79,745
0.16
Fern Grodner
49,109,539
99.95
26,859
0.05
49,059,634
99.84
76,764
0.16
Kelly Marshall
48,322,333
98.34
814,065
1.66
48,274,123
98.25
862,275
1.75
Al Mawani
49,095,917
99.92
40,481
0.08
49,045,516
99.82
90,882
0.18
Gerald Miller
48,726,280
99.17
410,118
0.83
48,673,254
99.06
463,144
0.94
Sheila A. Murray
48,551,627
98.81
584,771
1.19
48,501,902
98.71
634,496
1.29
Emily Pang
49,106,257
99.94
30,141
0.06
49,054,723
99.83
81,675
0.17
Jennifer Warren
49,109,130
99.94
27,268
0.06
49,061,143
99.85
75,255
0.15
Votes
For
%
Votes
Withheld
%
Re-appointment of Deloitte LLP as Auditors of Granite REIT
49,305,219
99.83
82,759
0.17
Re-appointment of Deloitte LLP as Auditors of Granite GP and authorization of the directors of Granite GP to fix the remuneration of Deloitte LP
49,303,714
99.83
84,264
0.17
Votes
For
%
Votes
Against
%
Non-binding advisory resolution on Granite’s approach to executive compensation
47,925,017
97.53
1,211,381
2.47
ABOUT GRANITE
Granite is a Canadian-based REIT engaged in the acquisition, development, ownership and management of logistics, warehouse and industrial properties in North America and Europe. Granite owns 142 investment properties representing approximately 62.8 million square feet of leasable area.
OTHER INFORMATION
Copies of financial data and other publicly filed documents about Granite are available through the internet on the Canadian Securities Administrators’ System for Electronic Document Analysis and Retrieval (SEDAR) which can be accessed at www.sedar.com and on the United States Securities and Exchange Commission’s Electronic Data Gathering, Analysis and Retrieval System (EDGAR) which can be accessed at www.sec.gov.
For further information, please see our website at www.granitereit.com or contact Teresa Neto, Chief Financial Officer, at 647-925-7560 or Andrea Sanelli, Associate Director, Legal Investor Services, at 647-925-7504.
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