Flagship Communities Real Estate Investment Trust Reports Voting Results from 2026 Annual Meeting of Unitholders

GlobeNewswire Inc.

May 05, 2026 10:48PM GMT

Not for distribution to U.S. newswire services or dissemination in the United States.

TORONTO, May 05, 2026 (GLOBE NEWSWIRE) -- Flagship Communities Real Estate Investment Trust (“Flagship” or the “REIT”) (TSX: MHC.U) (TSX: MHC.UN) today announced that each of the nine individuals nominated for election as a trustee of Flagship at the REIT’s Annual Meeting of Unitholders held on May 5, 2026 (the "Meeting"), was elected. Voting results for the individual trustees of the REIT are as follows:

Director

Number of Votes
FOR

Number of Votes
Withheld

Percentage of Votes Cast
FOR Matter

Peter C.B. Bynoe

15,173,582

44,754

99.71%

 

Louis M. Forbes

15,160,210

58,126

99.62%

 

Kurtis Keeney

15,196,912

21,424

99.86%

 

Jonathan Li

15,150,650

67,686

99.56%

 

Candace McGraw

15,186,352

31,984

99.79%

 

J. Susan Monteith

15,182,212

36,124

99.76%

 

Andrew Oppenheim

15,184,512

33,824

99.78%

 

Ann Rooney

15,142,010

76,326

99.50%

 

Nathan Smith

15,200,612

17,724

99.88%

 


At the Meeting, a resolution re-appointing Deloitte LLP as auditor of the REIT for the ensuing year and authorizing the Board of Trustees of the REIT to fix their remuneration, as more particularly described in the REIT’s management information circular dated March 20, 2026 (the “Circular”), was passed as an ordinary resolution of unitholders by a majority on a vote conducted by way of ballot. The results of the ballot were 15,614,804 votes (99.75%) voting in favour of the resolution.

A non-binding advisory resolution on the REIT’s approach to executive compensation, as more particularly described in the Circular, was passed as an ordinary resolution of unitholders by a majority on a vote conducted by way of ballot. The results of the ballot were 15,025,881 votes (98.71%) voting in favour of the ‘Say-on-Pay’ resolution.

Final results on all matters voted on at the Meeting will be filed shortly with the Canadian securities regulators.

About Flagship Communities Real Estate Investment Trust

Flagship Communities Real Estate Investment Trust (TSX: MHC.U; MHC.UN) is a leading operator of affordable residential Manufactured Housing Communities primarily serving working families seeking affordable home ownership. The REIT owns and operates exceptional residential living experiences and investment opportunities in family-oriented communities in Kentucky, Indiana, Ohio, West Virginia, Tennessee, Arkansas, Missouri, and Illinois. To learn more about Flagship, visit www.flagshipcommunities.com.

For further information, please contact:

Eddie Carlisle, Chief Financial Officer
Flagship Communities Real Estate Investment Trust Tel: +1 (859) 568-3390