Office Properties Income Trust Announces Annual Meeting Results

NEWTON, Mass.--()--Office Properties Income Trust (Nasdaq: OPI) today announced the results of its 2019 Annual Meeting of Shareholders which was held today.

Barbara D. Gilmore was re-elected as an Independent Trustee. The final tabulation of the percentage of shareholders’ votes cast for this Trustee is as follows:

     

Director

Percentage of Shares Voted For

Barbara D. Gilmore 70.4%

John L. Harrington was re-elected as an Independent Trustee. The final tabulation of the percentage of shareholders’ votes cast for this Trustee is as follows:

     

Director

Percentage of Shares Voted For

John L. Harrington 69.1%

Adam D. Portnoy was re-elected as a Managing Trustee. The final tabulation of the percentage of shareholders’ votes cast for this Trustee is as follows:

     

Director

Percentage of Shares Voted For

Adam D. Portnoy 59.2%

Shareholders approved a non-binding advisory resolution approving the frequency with which shareholders wish to have a non-binding advisory vote on the compensation of the Company’s named executive officers.

     

Proposal

Percentage of Shares Voted For

Resolution to Approve Executive Compensation 58.0%

Shareholders ratified the appointment of Ernst & Young LLP as RMR’s independent auditors to serve for the 2019 fiscal year. The final tabulation of the percentage of shareholders’ votes cast for this proposal is as follows:

     

Proposal

Percentage of Shares Voted For

Ratification of Independent Auditors 96.1%

Shareholders approved the amendment to the 2009 Incentive Share Award Plan to extend the term of the plan by three years to June 11, 2022.

     

Proposal

Percentage of Shares Voted For

Approval of Incentive Share Award Plan 93.2%

Office Properties Income Trust is a real estate investment trust, or REIT, focused on owning, operating and leasing buildings primarily leased to single tenants and those with high credit quality characteristics such as government entities. OPI is managed by the operating subsidiary of The RMR Group Inc. (Nasdaq: RMR), an alternative asset management company that is headquartered in Newton, MA.

A Maryland Real Estate Investment Trust with transferable shares of beneficial interest listed on the Nasdaq.
No shareholder, Trustee or officer is personally liable for any act or obligation of the Trust.

Contacts

Olivia Snyder, Manager, Investor Relations
(617) 219-1410

Contacts

Olivia Snyder, Manager, Investor Relations
(617) 219-1410