{"id":7620,"date":"2025-06-04T07:04:00","date_gmt":"2025-06-04T00:04:00","guid":{"rendered":"https:\/\/www.globenewswire.com\/news-release\/2025\/06\/04\/3093262\/0\/en\/CAPREIT-Announces-Results-of-2025-Annual-and-Special-General-Meeting.html3093262"},"modified":"2025-06-04T07:45:13","modified_gmt":"2025-06-04T00:45:13","slug":"capreit-announces-results-of-2025-annual-and-special-general-meeting","status":"publish","type":"post","link":"https:\/\/cryptoinsider.asia\/vi\/capreit-announces-results-of-2025-annual-and-special-general-meeting\/","title":{"rendered":"CAPREIT Announces Results of 2025 Annual and Special General Meeting"},"content":{"rendered":"\n<p align=\"justify\">TORONTO, June 03, 2025 (GLOBE NEWSWIRE) &#8212; Canadian Apartment Properties Real Estate Investment Trust (TSX:CAR.UN) (\u201cCAPREIT\u201d) announced today that, at its Annual and Special Meeting of Unitholders held today (the \u201cMeeting\u201d), each of the items of business referred to in its management information circular dated April 10, 2025 (the \u201cCircular\u201d) were passed by a vote held by ballot.<\/p>\n<p align=\"justify\">A total of 112,872,207 units and special voting units of CAPREIT (collectively, \u201cUnits\u201d), in the aggregate, representing 69.81% of CAPREIT\u2019s issued and outstanding Units were voted in connection with the Meeting. The voting results for each item of business are as follows:<\/p>\n<p align=\"justify\"><u>Election of Trustees<\/u>:<\/p>\n<p align=\"justify\">All nominees proposed in the Circular were elected as trustees.<\/p>\n<div class=\"pcrstb-wrap\"><table>\n<tr>\n<td>Nominee<\/td>\n<td>Votes <br \/>For<\/td>\n<td>% Votes <br \/>For<\/td>\n<td>Votes <br \/>Withheld<\/td>\n<td>% Votes <br \/>Withheld<\/td>\n<\/tr>\n<tr>\n<td>Lori-Ann Beausoleil<\/td>\n<td>112,171,872<\/td>\n<td>99.80%<\/td>\n<td>220,024<\/td>\n<td>0.20%<\/td>\n<\/tr>\n<tr>\n<td>Gina Parvaneh Cody<\/td>\n<td>108,717,949<\/td>\n<td>96.73%<\/td>\n<td>3,673,947<\/td>\n<td>3.27%<\/td>\n<\/tr>\n<tr>\n<td>Mark Kenney<\/td>\n<td>106,907,142<\/td>\n<td>95.12%<\/td>\n<td>5,484,754<\/td>\n<td>4.88%<\/td>\n<\/tr>\n<tr>\n<td>Gervais Levasseur<\/td>\n<td>110,115,731<\/td>\n<td>97.97%<\/td>\n<td>2,276,165<\/td>\n<td>2.03%<\/td>\n<\/tr>\n<tr>\n<td>Ken Silver<\/td>\n<td>110,107,465<\/td>\n<td>97.97%<\/td>\n<td>2,284,431<\/td>\n<td>2.03%<\/td>\n<\/tr>\n<tr>\n<td>Jennifer Stoddart<\/td>\n<td>110,036,969<\/td>\n<td>97.90%<\/td>\n<td>2,354,927<\/td>\n<td>2.10%<\/td>\n<\/tr>\n<tr>\n<td>Elaine Todres<\/td>\n<td>106,412,821<\/td>\n<td>94.68%<\/td>\n<td>5,979,075<\/td>\n<td>5.32%<\/td>\n<\/tr>\n<tr>\n<td>Ren\u00e9 Tremblay<\/td>\n<td>110,190,230<\/td>\n<td>98.04%<\/td>\n<td>2,201,666<\/td>\n<td>1.96%<\/td>\n<\/tr>\n<tr>\n<td>David Wesik<\/td>\n<td>110,211,572<\/td>\n<td>98.06%<\/td>\n<td>2,180,324<\/td>\n<td>1.94%<\/td>\n<\/tr>\n<tr>\n<td>&nbsp;<\/td>\n<td>&nbsp;<\/td>\n<td>&nbsp;<\/td>\n<td>&nbsp;<\/td>\n<td>&nbsp;<\/td>\n<\/tr>\n<\/table><\/div>\n<p align=\"justify\"><u>Appointment of Auditors<\/u><\/p>\n<div class=\"pcrstb-wrap\"><table>\n<tr>\n<td>&nbsp;<\/td>\n<td>Votes <br \/>For<\/td>\n<td>% Votes <br \/>For<\/td>\n<td>Votes <br \/>Withheld<\/td>\n<td>% Votes <br \/>Withheld<\/td>\n<\/tr>\n<tr>\n<td>Ernst &amp; Young LLP, Chartered Professional Accountants<\/td>\n<td>112,800,122<\/td>\n<td>99.94%<\/td>\n<td>71,960<\/td>\n<td>0.06%<\/td>\n<\/tr>\n<tr>\n<td>&nbsp;<\/td>\n<td>&nbsp;<\/td>\n<td>&nbsp;<\/td>\n<td>&nbsp;<\/td>\n<td>&nbsp;<\/td>\n<\/tr>\n<\/table><\/div>\n<p align=\"justify\"><u>Advisory Vote on Executive Compensation<\/u><\/p>\n<p align=\"justify\">A non-binding advisory vote to accept CAPREIT\u2019s approach to executive compensation was approved.<\/p>\n<div class=\"pcrstb-wrap\"><table>\n<tr>\n<td><u>Votes<\/u> <br \/><u>For<\/u><\/td>\n<td><u>% Votes<\/u> <br \/><u>For<\/u><\/td>\n<td><u>Votes<\/u> <br \/><u>Against<\/u><\/td>\n<td><u>% Votes<\/u> <br \/><u>Against<\/u><\/td>\n<\/tr>\n<tr>\n<td>102,898,491<\/td>\n<td>91.55%<\/td>\n<td>9,493,279<\/td>\n<td>8.45%<\/td>\n<\/tr>\n<tr>\n<td>&nbsp;<\/td>\n<td>&nbsp;<\/td>\n<td>&nbsp;<\/td>\n<td>&nbsp;<\/td>\n<\/tr>\n<\/table><\/div>\n<p align=\"justify\"><u>Reconfirmation of the Unitholders\u2019 Rights Plan Agreement<\/u><\/p>\n<p align=\"justify\">CAPREIT\u2019s unitholders\u2019 rights plan agreement was reconfirmed.<\/p>\n<div class=\"pcrstb-wrap\"><table>\n<tr>\n<td><u>Votes<\/u> <br \/><u>For<\/u><\/td>\n<td><u>% Votes<\/u> <br \/><u>For<\/u><\/td>\n<td><u>Votes<\/u> <br \/><u>Against<\/u><\/td>\n<td><u>% Votes<\/u> <br \/><u>Against<\/u><\/td>\n<\/tr>\n<tr>\n<td>109,111,480<\/td>\n<td>97.08%<\/td>\n<td>3,280,291<\/td>\n<td>2.92%<\/td>\n<\/tr>\n<tr>\n<td>&nbsp;<\/td>\n<td>&nbsp;<\/td>\n<td>&nbsp;<\/td>\n<td>&nbsp;<\/td>\n<\/tr>\n<\/table><\/div>\n<p align=\"justify\"><strong>About CAPREIT<\/strong><\/p>\n<p align=\"justify\">CAPREIT is Canada&#8217;s largest publicly traded provider of quality rental housing. As at March 31, 2025, CAPREIT owns approximately 46,800 residential apartment suites and townhomes that are well-located across Canada and the Netherlands, with a total fair value of approximately $14.9 billion. For more information about CAPREIT, its business and its investment highlights, please visit our website at <a href=\"http:\/\/www.capreit.ca\" rel=\"nofollow\" target=\"_blank\" title><u>www.capreit.ca<\/u><\/a> and our public disclosures which can be found under our profile at <a href=\"http:\/\/www.sedarplus.ca\" rel=\"nofollow\" target=\"_blank\" title><u>www.sedarplus.ca<\/u><\/a>.<\/p>\n<p align=\"start\">For more information, please contact:<\/p>\n<div class=\"pcrstb-wrap\"><table>\n<tr>\n<td>CAPREIT <br \/>Mr. Mark Kenney <br \/>President &amp; Chief Executive Officer <br \/>(416) 861-9404<\/td>\n<td>CAPREIT <br \/>Mr. Stephen Co <br \/>Chief Financial Officer <br \/>(416) 306-3009<\/td>\n<td>CAPREIT <br \/>Mr. Julian Schonfeldt <br \/>Chief Investment Officer <br \/>(647) 535-2544<\/td>\n<\/tr>\n<\/table><\/div>\n<p><img decoding=\"async\" alt src=\"https:\/\/ml.globenewswire.com\/media\/MThlY2QyZmQtMjVjYS00YzRiLWJmNTItMWIzNGJhNGNkOTZiLTEwMTc0NDItMjAyNS0wNi0wNC1lbg==\/tiny\/CANADIAN-APARTMENT-PROPERTIES-.png\" referrerpolicy=\"no-referrer-when-downgrade\">  <\/p>\n","protected":false},"excerpt":{"rendered":"<p> TORONTO, June 03, 2025 (GLOBE NEWSWIRE) &#8212; Canadian Apartment Properties Real Estate Investment Trust (TSX:CAR.UN) (\u201cCAPREIT\u201d) announced today that, at its Annual and Special Meeting of Unitholders held today (the \u201cMeeting\u201d), each of the items of business referred to in its management information circular dated April 10, 2025 (the \u201cCircular\u201d) were passed by a vote held by ballot. A total of 112,872,207 units and special voting units of CAPREIT (collectively, \u201cUnits\u201d), in the aggregate, representing 69.81% of CAPREIT\u2019s issued and&#8230;<\/p>\n","protected":false},"author":1,"featured_media":7621,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_lmt_disableupdate":"","_lmt_disable":"","_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[75,1406],"tags":[],"class_list":["post-7620","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","category-globenewswire"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>CAPREIT Announces Results of 2025 Annual and Special General Meeting<\/title>\n<meta name=\"description\" content=\"TORONTO, June 03, 2025 (GLOBE NEWSWIRE) -- Canadian Apartment Properties Real Estate Investment Trust (TSX:CAR.UN) (\u201cCAPREIT\u201d) announced today that, at its Annual and Special Meeting of Unitholders held today (the \u201cMeeting\u201d), each of the items of business referred to in its management information circular dated April 10, 2025 (the \u201cCircular\u201d) were passed by a vote held by ballot. 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A total of 112,872,207 units and special voting units of CAPREIT (collectively, \u201cUnits\u201d), in the aggregate, representing 69.81% of CAPREIT\u2019s issued and...","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"TORONTO, June 03, 2025 (GLOBE NEWSWIRE) -- Canadian Apartment Properties Real Estate Investment Trust (TSX:CAR.UN) (\u201cCAPREIT\u201d) announced today that, at its Annual and Special Meeting of Unitholders held today (the \u201cMeeting\u201d), each of the items of business referred to in its management information circular dated April 10, 2025 (the \u201cCircular\u201d) were passed by a vote held by ballot. 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