Office Properties Income Trust Announces Annual Meeting Results

NEWTON, Mass.--(BUSINESS WIRE)-- Office Properties Income Trust (Nasdaq: OPI) announced the results of its 2022 Annual Meeting of Shareholders, which was held earlier today, as follows.

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:

Independent Trustee

        

Percentage of Shares Voted – For

Barbara D. Gilmore

        

75.6%

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:

Independent Trustee

        

Percentage of Shares Voted – For

John L. Harrington

        

82.0%

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

Independent Trustee

        

Percentage of Shares Voted – For

William A. Lamkin

        

96.7%

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

Independent Trustee

        

Percentage of Shares Voted – For

Elena B. Poptodorova

        

76.6%

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:

Managing Trustee

        

Percentage of Shares Voted – For

Adam D. Portnoy

        

66.7%

Shareholders voted to approve executive compensation by means of an advisory vote:

Proposal

   

Percentage of Shares Voted – For

Approval of Executive Compensation

   

92.8%

Shareholders ratified the appointment of Deloitte & Touche LLP as OPI’s independent auditors to serve for the 2022 fiscal year:

Proposal

   

Percentage of Shares Voted – For

Ratification of Independent Auditors

   

98.7%

About Office Properties Income Trust

Office Properties Income Trust (Nasdaq: OPI) is a national REIT focused on owning and leasing office properties primarily to single tenants and those with high credit quality characteristics. As of March 31, 2022, approximately 64% of OPI’s revenues were from investment grade rated tenants. OPI owned and leased more than 170 properties as of March 31, 2022, with approximately 23 million square feet located in 32 states and Washington, D.C. In 2022, OPI was named as an Energy Star® Partner of the Year for the fifth consecutive year. OPI is managed by The RMR Group (Nasdaq: RMR), a leading U.S. alternative asset management company. For more information, visit opireit.com.

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.

Kevin Barry
Director, Investor Relations
(617) 219-1410

Source: Office Properties Income Trust

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REIT Profile

Office Properties Income Trust
Symbol: OPI
Exchange: NASDAQ
Founded: 2019 (5 years)
Type of REIT: Equity REIT
Listing Status: Public
Market Capitalization: Micro-Cap
REIT Sector: Office
Externally Managed REIT

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Last updated: 2024-07-05 12:57:01 PST

Last updated: 2024-11-21 - v1.3