Office Properties Income Trust Announces Annual Meeting Results
May 16 2019 - 4:10PM
Business Wire
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.
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Olivia Snyder, Manager, Investor Relations(617) 219-1410
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