MISSISSAUGA, ON, June 5, 2024
/CNW/ - Chartwell Retirement Residences ("Chartwell") (TSX:CSH.UN)
announced that the nominees listed in the management information
circular dated March 28, 2024 were
elected as trustees of Chartwell, trustees of CSH Trust, and
directors of Chartwell Master Care Corporation. The detailed
results of the votes (i) for the election of directors and
trustees; (ii) for the reappointment of KPMG LLP as auditors of
Chartwell; and (iii) relating to executive compensation, held at
Chartwell's Annual Meeting on Tuesday June
4, 2024, in Mississauga,
are set out below.
Voting Results
Each of the following three nominees proposed by management was
elected as a trustee of Chartwell Retirement Residences (the
"Chartwell Trustees") as follows:
|
Nominee
|
Votes
For
|
Votes
Withheld
|
|
V. Ann Davis
|
145,544,696
|
97.83 %
|
3,232,335
|
2.17 %
|
|
James
Scarlett
|
146,835,665
|
98.70 %
|
1,941,366
|
1.30 %
|
|
Huw Thomas
|
145,373,245
|
97.71 %
|
3,403,786
|
2.29 %
|
As directed by unitholders of Chartwell, the Chartwell Trustees
voted units of CSH Trust to elect the trustees of CSH Trust as
follows:
|
Nominee
|
Votes
For
|
Votes
Withheld
|
|
Valerie
Pisano
|
144,347,354
|
97.02 %
|
4,429,677
|
2.98 %
|
|
Sharon
Sallows
|
138,092,036
|
92.82 %
|
10,684,995
|
7.18 %
|
|
Gary
Whitelaw
|
148,632,906
|
92.82 %
|
144,125
|
0.10 %
|
As directed by unitholders of Chartwell, the Chartwell Trustees
caused the common shares of Chartwell Master Care Corporation (the
"Corporation") to be voted to elect the directors of the
corporation as follows:
|
Nominee
|
Votes
For
|
Votes
Withheld
|
|
W. Brent
Binions
|
145,632,098
|
97.89 %
|
3,144,933
|
2.11 %
|
|
V. Ann Davis
|
145,388,769
|
97.89 %
|
3,388,262
|
2.28 %
|
|
Valerie
Pisano
|
146,560,403
|
98.51 %
|
2,216,628
|
1.49 %
|
|
Sharon
Sallows
|
138,422,921
|
93.04 %
|
10,354,110
|
6.96 %
|
|
James
Scarlett
|
146,538,463
|
98.50 %
|
2,238,568
|
1.50 %
|
|
Huw Thomas
|
146,256,847
|
98.31 %
|
2,520,184
|
1.69 %
|
|
Vlad
Volodarski
|
146,332,525
|
98.36 %
|
2,444,506
|
1.64 %
|
|
Gary
Whitelaw
|
147,454,478
|
99.11 %
|
1,322,553
|
0.89 %
|
Deferred Unit Plan
|
Votes
For
|
Votes
Against
|
|
Deferred Unit
Plan
|
138,673,966
|
93.21 %
|
10,103,065
|
6.79 %
|
|
|
|
|
|
Unitholder Rights Plan
|
Votes
For
|
Votes
Against
|
|
Unitholder Rights
Plan
|
143,583,348
|
96.51 %
|
5,193,683
|
3.49 %
|
|
|
|
|
|
Unitholder Proposal
|
Votes
For
|
Votes
Against
|
|
Unitholder Proposal by
B.C.
General Employees'
Union
|
27,218,556
|
18.29 %
|
121,558,475
|
81.71 %
|
|
|
|
|
|
Reappointment of KPMG LLP as Auditors of Chartwell:
|
Votes
For
|
Votes
Withheld
|
|
Reappointment of KPMG
LLP
|
141,720,905
|
95.17 %
|
7,193,085
|
4.83 %
|
|
|
|
|
|
Executive Compensation
|
Votes
For
|
Votes
Against
|
|
Advisory Vote on
Approach to
Executive Compensation
|
139,759,411
|
93.94 %
|
9,017,620
|
6.06 %
|
|
|
|
|
|
Final voting results on all matters voted on at the Annual
Meeting of Shareholders held on June 4,
2024 will also be published on www.sedar.com.
Committee Composition
Audit Committee
V. Ann Davis (Chair)
James Scarlett
Gary Whitelaw
Compensation, Governance and Nominating Committee
V. Ann Davis
Valerie Pisano
Sharon Sallows
(Chair)
James Scarlett
Investment Committee
W. Brent Binions
Valerie Pisano
Sharon Sallows
Gary Whitelaw (Chair)
About Chartwell
Chartwell is in the business of serving and caring for
Canada's seniors, committed to its
vision of Making People's Lives BETTER and to providing a happier,
healthier, and more fulfilling life experience for its
residents. Chartwell is an unincorporated, open-ended real
estate trust which indirectly owns and operates a complete range of
seniors housing communities, from independent living through to
assisted living and long term care. Chartwell is one of the
largest operators in Canada,
serving over 25,000 residents in four provinces across the
country. For more information, visit
www.chartwell.com.
For more information, please contact:
Chartwell Retirement Residences
Vlad Volodarski
Chief Executive Officer
Tel: (905) 501-4709
vvolodarski@chartwell.com
SOURCE Chartwell Retirement Residences (IR)