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H&R Real Estate Investment Trust Units

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H&R Reports Voting Results from 2020 Annual Meeting of Unitholders

H&R Reports Voting Results from 2020 Annual Meeting of Unitholders

Canada NewsWire

TORONTO, June 16, 2020 /CNW/ - H&R Real Estate Investment Trust ("H&R REIT" or the "REIT") (TSX: HR.UN) is pleased to announce that each of the trustee nominees listed in the management information circular dated May 4, 2020 for the annual meeting of unitholders of the REIT (the "Circular") held earlier today was elected as a trustee of the REIT.

Each of the REIT trustees was re-elected with votes in favour ranging from approximately 84.9% to 98.3% of the votes cast at the meeting. Voting results for the individual trustees of the REIT are as follows:

Name of Nominee

Votes For

% Votes For

Votes
Withheld

% Votes
Withheld

Alex Avery

  141,638,704

97.90%

  3,043,836

2.10%

Robert Dickson

  122,832,545

84.90%

  21,849,995

15.10%

Edward Gilbert

  130,597,529

90.26%

  14,086,511

9.74%

Brenna Haysom

  142,211,450

98.29%

  2,472,590

1.71%

Thomas Hofstedter

  140,705,036

97.25%

  3,978,904

2.75%

Laurence Lebovic

  130,494,391

90.19%

  14,189,109

9.81%

Juli Morrow

  140,433,685

97.06%

  4,250,355

2.94%

Marvin Rubner

  140,844,478

97.35%

  3,839,562

2.65%

Ronald Rutman

  124,460,306

86.02%

  20,223,734

13.98%

In addition, the REIT is pleased to announce that a non-binding advisory resolution on the REIT's approach to executive compensation, as set out in the Circular, was passed as an ordinary resolution of the unitholders by a majority on a vote conducted by way of ballot. The results of the ballot were 119,567,551 votes (82.64%) voting in favour of the 'say on pay' resolution.

All other matters set out in the Circular were approved by the requisite majority of the unitholders at the meeting. Final results on all matters voted at the meeting will be filed shortly with the Canadian securities regulators.

About H&R REIT

H&R REIT is one of Canada's largest real estate investment trusts with total assets of approximately $13.4 billion at March 31, 2020. H&R REIT has ownership interests in a North American portfolio of high quality office, retail, industrial and residential properties comprising over 40 million square feet.

Additional information regarding H&R REIT is available at www.hr-reit.com and on www.sedar.com.

SOURCE H&R Real Estate Investment Trust

Cision View original content: http://www.newswire.ca/en/releases/archive/June2020/16/c0297.html

Larry Froom, Chief Financial Officer, 416-635-7520, or e-mail info@hr-reit.comCopyright CNW Group 2020

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