American Hotel Income Properties REIT LP Provides Update On Voting And Notes Adjustment To Its Management Information Circular

Core Points - American Hotel Income Properties REIT LP (AHIP) is experiencing delays in proxy-related materials for the annual and special meeting due to a labor dispute with the Canadian Union of Postal Workers [1] - The meeting is scheduled for June 26, 2025, and unitholders can still vote via proxy or through intermediaries [2][3] - An adjustment to the Management Information Circular dated May 15, 2025, has been communicated to unitholders [4] Summary of Management Information Circular - As of May 15, 2025, the total number of units reserved under the Amended and Restated Securities-Based Compensation Plan (SBC Plan) was 4,355,078, which is approximately 5.58% of the issued and outstanding units on a non-diluted basis [5] - The breakdown includes 2,155,078 full value awards and 2,200,000 unit-options [5] - After adjusting for a maximum payout of 200% for previously issued RSUs, the total number of units reserved under the SBC Plan increased to 5,174,399, representing approximately 6.63% of the issued and outstanding units [6] - The adjusted figures include 3,024,399 full value awards and 2,150,000 unit-options [6] Company Overview - AHIP is a limited partnership focused on investing in hotel real estate properties across the United States [7] - The portfolio consists of premium branded, select-service hotels located in secondary metropolitan markets [7] - AHIP aims to enhance the value of its hotel properties through operational excellence, active asset management, and capital expenditures, while also increasing unitholder value and distributions [7]