CAPREIT Announces Results of 2025 Annual and Special General Meeting

Core Points - Canadian Apartment Properties Real Estate Investment Trust (CAPREIT) held its Annual and Special Meeting of Unitholders on June 3, 2025, where all items of business were passed by a vote [1] - A total of 112,872,207 units, representing 69.81% of CAPREIT's issued and outstanding units, were voted [2] Election of Trustees - All nominees proposed in the management information circular were elected as trustees with high approval rates, including: - Lori-Ann Beausoleil: 99.80% approval [3] - Gina Parvaneh Cody: 96.73% approval [3] - Mark Kenney: 95.12% approval [3] - Gervais Levasseur: 97.97% approval [3] - Ken Silver: 97.97% approval [3] - Jennifer Stoddart: 97.90% approval [3] - Elaine Todres: 94.68% approval [3] - René Tremblay: 98.04% approval [3] - David Wesik: 98.06% approval [3] Appointment of Auditors - Ernst & Young LLP was appointed as auditors with 99.94% of votes in favor [4] Advisory Vote on Executive Compensation - The non-binding advisory vote to accept CAPREIT's approach to executive compensation was approved with 91.55% in favor [5][6] Reconfirmation of the Unitholders' Rights Plan Agreement - The unitholders' rights plan agreement was reconfirmed with 97.08% of votes in favor [7][8] Company Overview - CAPREIT is Canada's largest publicly traded provider of quality rental housing, owning approximately 46,800 residential apartment suites and townhomes with a total fair value of approximately $14.9 billion as of March 31, 2025 [10]