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ORONTO, May 15, 2025 (GLOBE NEWSWIRE) -- Flagship Communities Real Estate Investment Trust ("Flagship" or the "REIT") (TSX: MHC.U) (TSX: MHC.UN) announced that all nine nominees for trustee election at its Annual Meeting of Unitholders on May 14, 2025 were elected. Voting results showed strong support for each nominee, with percentages ranging from 94% to 99.9%. The REIT also passed a resolution re-appointing MNP LLP as auditor and authorizing the Board of Trustees to set their remuneration, with 99.4% of votes in favor. A non-binding advisory resolution on executive compensation was also approved, with 98.7% of votes in support.
The results of the voting are as follows:
* Peter C.B. Bynoe: 15,108,058 (99.9%)
* Louis M. Forbes: 15,022,169 (99.3%)
* Kurtis Keeney: 15,105,108 (99.9%)
* Jonathan Li: 15,023,269 (99.3%)
* Candace McGraw: 15,105,073 (99.9%)
* J. Susan Monteith: 15,104,858 (99.9%)
* Andrew Oppenheim: 14,213,477 (94.0%)
* Ann Rooney: 15,006,019 (99.2%)
* Nathan Smith: 15,105,108 (99.9%)
Flagship Communities Real Estate Investment Trust is a leading operator of affordable residential Manufactured Housing Communities serving working families in the United States. The REIT owns and operates communities in eight states, providing exceptional living experiences and investment opportunities for its residents.
About Flagship Communities Real Estate Investment Trust
Flagship Communities Real Estate Investment Trust (TSX: MHC.U; MHC.UN) is a leading operator of affordable residential Manufactured Housing Communities primarily serving working families seeking affordable home ownership. The REIT owns and operates exceptional residential living experiences and investment opportunities in family-oriented communities in Kentucky, Indiana, Ohio, West Virginia, Tennessee, Arkansas, Missouri, and Illinois.
For further information, please contact:
Eddie Carlisle, Chief Financial Officer
Flagship Communities Real Estate Investment Trust
Tel: +1 (859) 568-3390
