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Published on April 24, 2020

Choice Properties Real Estate Investment Trust Announces Election of Trustees 2020

TORONTO, April 24, 2020 /CNW/ - Choice Properties Real Estate Investment Trust ("Choice Properties") (TSX: CHP.UN) announced today that all of the trustee nominees listed in the management proxy circular dated March 13, 2020, were elected as trustees of Choice Properties. The vote was conducted at Choice Properties' Annual Meeting of Unitholders, held in a virtual meeting format, on April 24, 2020. The results of the vote are set out below:

Trust Units

Name of Nominee

Votes For

Votes Withheld

Kerry D. Adams

220,305,948

99.29

1,579,640

0.71

Christie J.B. Clark

220,491,823

99.37

1,393,765

0.63

Graeme M. Eadie

212,116,584

95.60

9,769,004

4.40

Karen Kinsley

221,383,567

99.77

502,021

0.23

R. Michael Latimer

220,280,532

99.28

1,605,056

0.72

Nancy H.O. Lockhart

219,942,968

99.12

1,942,620

0.88

Dale R. Ponder

221,390,851

99.78

494,737

0.22

Galen G. Weston

212,848,697

95.93

9,036,891

4.07

Class B Limited Partnership Special Voting Units

Name of Nominee

Votes For

Votes Withheld

Kerry D. Adams

389,961,783

100%

Nil

Nil

Christie J.B. Clark

389,961,783

100%

Nil

Nil

Graeme M. Eadie

389,961,783

100%

Nil

Nil

Karen Kinsley

389,961,783

100%

Nil

Nil

R. Michael Latimer

389,961,783

100%

Nil

Nil

Nancy H.O. Lockhart

389,961,783

100%

Nil

Nil

Dale R. Ponder

389,961,783

100%

Nil

Nil

Galen G. Weston

389,961,783

100%

Nil

Nil

About Choice Properties Real Estate Investment Trust

Choice Properties, Canada's preeminent diversified real estate investment trust, is the owner, manager and developer of a high-quality portfolio comprising 724 properties totaling 65.6 million square feet of gross leasable area. Choice Properties owns a portfolio comprised of retail properties predominantly leased to necessity-based tenants; industrial, office and residential assets concentrated in attractive markets; and offers an impressive and substantial development pipeline. Choice Properties' strategic alliance with its principal tenant, Loblaw Companies Limited, the country's leading retailer, is a key competitive advantage

providing long-term growth opportunities. For more information, visit Choice Properties' website at www.choicereit.ca and Choice Properties' issuer profile at www.sedar.com.

SOURCE Choice Properties Real Estate Investment Trust