Cominar Real Estate Investment Trust Announces Election of Trustees

June 29, 2021 20:22

/NOT FOR DISTRIBUTION IN THE UNITED STATES OR OVER UNITED STATES WIRE SERVICES/

QUÉBEC CITY, June 29, 2021 /CNW Telbec/ - Cominar Real Estate Investment Trust ("Cominar") (TSX: CUF.UN) announces today the results of the annual meeting vote. Every trustee nominee listed in the Management Proxy Circular dated May 18, 2021, was elected as Trustee of Cominar during the Annual and Special Virtual Meeting of the Unitholders held on June 29, 2021. The details of the election are as follows:

TRUSTEE NOMINEES

IN FAVOR

(#)

IN FAVOR

(%)

WITHHELD

(#)

WITHHELD

(%)

Luc Bachand

98,543,315

82.73%

20,574,951

17.27%

Christine Beaubien

98,624,661

82.80%

20,493,105

17.20%

Paul D. Campbell

98,485,214

82.68%

20,632,152

17.32%

Mitchell Cohen

102,397,906

82.20%

22,175,360

17.80%

Sylvain Cossette

98,561,014

82.74%

20,557,252

17.26%

Zachary R. George

87,809,383

70.50%

36,747,384

29.50%

Karen Laflamme

98,622,134

82.79%

20,496,132

17.21%

Michel Théroux

96,037,694

80.62%

23,080,172

19.38%

René Tremblay

98,579,292

82.76%

20,538,974

17.24%

The resolution to re-appoint PricewaterhouseCoopers LLP as the independent auditors of Cominar for the ensuing year was approved by 97.64% of the votes.

Cominar would like to congratulate the trustees elected today on the board: René Tremblay who will act as Chairman of the Board, Luc Bachand, Christine Beaubien, Paul D. Campbell, Mitchell Cohen, Sylvain Cossette, Zachary R. George, Karen Laflamme and Michel Théroux.

The results of the final votes regarding all matters subject to a vote during the Annual Meeting will be available under Cominar's profile on SEDAR at (www.sedar.com).

PROFILE AS AT JUNE 29, 2021
Cominar is one of the largest diversified real estate investment trusts in Canada and is the largest commercial property owner in the Province of Québec. Our portfolio consists of 310 high-quality office, retail and industrial properties, totalling 35.7 million square feet located in the Montreal, Québec City and Ottawa areas. Cominar's primary objective is to maximize total return to unitholders by way of tax-efficient distributions and maximizing the unit value through the proactive management of our portfolio.

SOURCE COMINAR REAL ESTATE INVESTMENT TRUST

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