Canadian Real Estate Investment Trust Announces Voting Results From the 2017 Annual and Special Meeting of Unitholders

Votes For

Votes Withheld

Bay Street

8 years ago

TORONTO, ON–(Marketwired – May 19, 2017) – Canadian Real Estate Investment Trust (“CREIT”) (TSX: REF.UN) today announced the results of matters voted on at its annual and special Unitholders’ meeting held on May 18, 2017 (the “Meeting”). The voting results for each of the matters presented at the Meeting are outlined below.

The total number of units of the Trust (“Units”) represented by holders present in person or by proxy at the Meeting was 48,679,822 representing 66.44% of CREIT’s total issued and outstanding Units.

1. Election of Trustees

The seven nominees for election as trustees of CREIT referred to in CREIT’s management information circular dated March 29, 2017 were elected as trustees of CREIT to hold office until the next annual meeting of Unitholders or until their successors are elected or appointed, subject to the provisions of CREIT’s Declaration of Trust.

Proxies were received on this matter for Units as follows:


Name	Votes For	%	Votes Withheld	%
John A. Brough	48,177,356	99.73	130,247	0.27
Anthony S. Fell	48,216,183	99.81	91,420	0.19
Stephen E. Johnson	48,279,529	99.94	28,074	0.06
Karen A. Kinsley	48,266,106	99.91	41,497	0.09
R. Michael Latimer	48,069,284	99.51	238,319	0.49
W. Reay Mackay	48,128,359	99.79	99,509	0.21
Dale R. Ponder	48,057,371	99.48	250,232	0.52

2. Appointment of Auditors

Deloitte LLP was re-appointed as auditor of the Trust to hold office until the next annual meeting of Unitholders at a remuneration to be fixed by CREIT’s Board of Trustees.

Proxies for Units were received on this matter as follows:

3. Special Business – Amendments to the Declaration of Trust

A. The resolution approving an amendment to the Declaration of Trust with respect to advance notice provisions was passed. Proxies for Units were received on this matter as follows:

B. The resolution approving an amendment to the Declaration of Trust with respect to dissent and appraisal rights was passed. Proxies for Units were received on this matter as follows:

C. The resolution approving an amendment to the Declaration of Trust with respect to oppression remedies was passed. Proxies for Units were received on this matter as follows:

D. The resolution approving an amendment to the Declaration of Trust with respect to Unitholder proposals was passed. Proxies for Units were received on this matter as follows:

E. The resolution approving an amendment to the Declaration of Trust with respect to quorum requirements was passed. Proxies for Units were received on this matter as follows:

F. The resolution approving an amendment to the Declaration of Trust with respect to removing certain investment restrictions was passed. Proxies for Units were received on this matter as follows:

4. Special Business – Reconfirmation of and Approval of Amendments to the Unitholder Rights Plan Agreement

The resolution reconfirming the Trust’s Unitholder Rights Plan Agreement as amended was passed. Proxies for Units were received on this matter as follows:

CREIT is a real estate investment trust focused on accumulating and aggressively managing a portfolio of high-quality real estate assets and delivering the benefits of real estate ownership to Unitholders. The primary benefit is a reliable and, over time, increasing monthly cash distribution. CREIT owns a diversified portfolio of retail, office and industrial properties.

For further information:

Please visit our website at www.creit.ca

Or contact:

Judith Somerville
Trust Secretary
416-628-7783
jsomerville@creit.ca

Mario Barrafato
Executive Vice President and Chief Financial Officer
416-628-7872
mbarrafato@creit.ca