RioCan Real Estate Investment Trust (“RioCan” or the “Trust”) (TSX: REI.UN) today announced the results of the votes from its annual meeting of unitholders (the “Meeting”) held today.
The total number of units represented by unitholders present in person or by proxy at the Meeting was 159,806,744, representing 54.99% of RioCan’s 290,615,339 outstanding units entitled to be voted.
Each of the nominee Trustees listed in the Trust's Management Information Circular dated April 27, 2026 was elected as a Trustee. RioCan received proxies with regard to voting on the nine Trustees nominated for election, as set forth in the table below:
Name of Nominee |
Votes
|
% |
Votes
|
% |
Janice Fukakusa, C.M. |
154,370,212 |
97.13% |
4,563,540 |
2.87% |
Jonathan Gitlin |
156,943,514 |
98.75% |
1,990,240 |
1.25% |
Marie-Josée Lamothe |
157,658,773 |
99.20% |
1,274,979 |
0.80% |
Dale H. Lastman, C.M., O.Ont. |
153,449,100 |
96.55% |
5,484,653 |
3.45% |
Jane Marshall |
154,438,790 |
97.17% |
4,494,963 |
2.83% |
Guy Metcalfe |
158,667,708 |
99.83% |
266,046 |
0.17% |
Edward Sonshine, O.Ont., K.C. |
151,106,998 |
95.08% |
7,826,398 |
4.92% |
Siim A. Vanaselja |
149,358,537 |
93.98% |
9,575,215 |
6.02% |
Charles M. Winograd |
152,057,753 |
95.67% |
6,876,000 |
4.33% |
Appointment of Auditors
PricewaterhouseCoopers LLP was appointed as the auditor of the Trust until the next annual meeting of unitholders by resolution passed by a majority of the unitholders. Management received proxies to vote for the appointment of the auditor (and to authorize the Trustees to fix their remuneration) as follows:
Votes
|
% |
Votes
|
% |
158,990,068 |
99.49% |
816,676 |
0.51% |
Say-On-Pay Non-Binding Advisory Vote
The non-binding say-on-pay vote on the Trust’s approach to executive compensation was passed as follows:
Votes
|
% |
Votes
|
% |
146,067,735 |
91.90% |
12,866,019 |
8.10% |
About RioCan
RioCan meets the everyday shopping needs of Canadians through the ownership, management and development of necessity-based retail properties in densely populated communities. As at March 31, 2026, our portfolio is comprised of 167 properties with an aggregate net leasable area of approximately 32 million square feet (at RioCan's interest). To learn more about us, please visit www.riocan.com.
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Contacts
RioCan Real Estate Investment Trust
Investor Relations Inquiries
Email: ir@riocan.com
