Choice Properties Real Estate Investment Trust Announces Election of Trustees

TORONTO--(BUSINESS WIRE)--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 17, 2023, 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 25, 2023.

The results of the vote are set out below:

Trust Units

Name of Nominee	Votes For		Votes Against
L. Jay Cross	218,041,737	99.89%	248,555	0.11%
Gordon A.M. Currie	215,872,025	98.89%	2,418,267	1.11%
Rael L. Diamond	218,057,130	99.89%	233,162	0.11%
Graeme M. Eadie	207,644,833	95.12%	10,645,459	4.88%
Diane Kazarian	218,151,854	99.94%	138,438	0.06%
Karen Kinsley	218,003,641	99.87%	286,651	0.13%
R. Michael Latimer	217,772,703	99.76%	517,589	0.24%
Nancy H.O. Lockhart	217,709,666	99.73%	580,626	0.27%
Dale R. Ponder	218,083,675	99.91%	206,617	0.09%
Qi Tang	218,097,543	99.91%	192,749	0.09%
Cornell Wright	217,331,940	99.56%	958,352	0.44%

Class B Limited Partnership Special Voting Units

Name of Nominee	Votes For		Votes Against
L. Jay Cross	395,786,525	100%	Nil	Nil
Gordon A.M. Currie	395,786,525	100%	Nil	Nil
Rael L. Diamond	395,786,525	100%	Nil	Nil
Graeme M. Eadie	395,786,525	100%	Nil	Nil
Diane Kazarian	395,786,525	100%	Nil	Nil
Karen Kinsley	395,786,525	100%	Nil	Nil
R. Michael Latimer	395,786,525	100%	Nil	Nil
Nancy H.O. Lockhart	395,786,525	100%	Nil	Nil
Dale R. Ponder	395,786,525	100%	Nil	Nil
Qi Tang	395,786,525	100%	Nil	Nil
Cornell Wright	395,786,525	100%	Nil	Nil

About Choice Properties Real Estate Investment Trust

Choice Properties is a leading Real Estate Investment Trust that creates enduring value through the ownership, operation and development of high quality commercial and residential properties.

We believe that value comes from creating spaces that improve how our tenants and communities come together to live, work, and connect. We strive to understand the needs of our tenants and manage our properties to the highest standard. We aspire to develop healthy, resilient communities through our dedication to social, economic, and environmental sustainability. In everything we do, we are guided by a shared set of values grounded in Care, Ownership, Respect and Excellence.

For more information, visit Choice Properties’ website at www.choicereit.ca and Choice Properties’ issuer profile at www.sedar.com.