EX-99.2 3 a52745329ex99_2.htm EXHIBIT 99.2
Exhibit 99.2

GRANITE REAL ESTATE INVESTMENT TRUST
(“Granite REIT”)
and
GRANITE REIT INC.
(“Granite GP”)

Report of Voting Results for Annual General and Special Meetings of Stapled Unitholders

This report is being filed pursuant to section 11.3 of National Instrument 51-102 – Continuous Disclosure Obligations and discloses the voting results for each matter voted upon at the joint annual general and meetings (the “Meetings”) of holders of stapled units (“Stapled Units”) of Granite REIT and Granite GP (together, “Granite”) held on June 9, 2022.
 
A total of 50,891,925 stapled units (77.4% of outstanding stapled units) were represented in person or by proxy at the Meetings. The votes were conducted by show of hands in respect of all matters other than the special resolution approving certain amendments to the articles of Granite GP, which was conducted by ballot.
 
1.
Each of the nominees listed in Granite’s Management Information Circular dated April 13, 2022 were elected as trustees of Granite REIT and directors of Granite GP to hold office until the next annual general meeting or until their successors are duly elected or appointed. Proxies received by management in advance of the Meetings indicated the following:

 
As Trustee of Granite REIT
As Director of Granite GP
 Nominee
Votes For
%
Votes Withheld
%
Votes For
%
Votes Withheld
%
Peter Aghar
50,631,279
99.95
26,837
0.05
50,620,806
99.93
37,310
0.07
Remco Daal
50,636,293
99.96
21,823
0.04
50,625,129
99.93
32,987
0.07
Kevan Gorrie
50,631,291
99.95
26,825
0.05
50,610,667
99.91
47,449
0.09
Fern Grodner
50,632,944
99.95
25,172
0.05
50,613,030
99.91
45,086
0.09
Kelly Marshall
49,458,355
97.63
1,199,761
2.37
49,530,542
97.77
1,127,574
2.23
Al Mawani
50,602,217
99.89
55,899
0.11
50,602,659
99.89
55,457
0.11
Gerald Miller
50,472,383
99.63
185,733
0.37
50,449,538
99.59
208,578
0.41
Sheila A. Murray
49,983,708
98.67
674,408
1.33
49,953,473
98.61
704,643
1.39
Emily Pang
50,633,965
99.95
24,151
0.05
50,612,887
99.91
45,229
0.09
Jennifer Warren
50,633,684
99.95
24,432
0.05
50,613,910
99.91
44,206
0.09

2.
Deloitte LLP was re-appointed as auditor of each of Granite REIT and Granite GP until the next annual general meeting or until a successor is appointed, and the board of directors of Granite GP was authorized to fix the remuneration of the auditor of Granite GP. Proxies received by management in advance of the Meetings indicated the following:

 
Votes
For
%
 
Votes
Withheld
%
Re-appointment of Deloitte LLP as Auditors of Granite REIT
 
50,807,355
99.85
78,353
0.15
Re-appointment of Deloitte LLP as Auditors of Granite GP and authorization of the directors of Granite GP to fix the remuneration of Deloitte LP
50,807,795
99.85
77,914
0.15

3.
The resolutions set out below, other than the special resolution approving certain amendments to the articles of Granite GP, were passed at the Meetings. Proxies received by management in advance of the Meetings, and the ballot in respect of the special resolution approving certain amendments to the articles of Granite GP, indicated the following:

 
Votes
For
 
%
Votes Against
%
Non-binding advisory resolution on Granite’s approach to executive compensation
48,906,250
96.54
1,751,865
3.46


 
Votes
For
 
%
Votes Against
%
Ordinary resolution approving certain amendments to the Amended and Restated Declaration of Trust of Granite REIT dated December 20, 2017
50,630,873
99.95
27,243
0.05


 
Votes
For
 
%
Votes Against
%
Special resolution approving an amendment to the Amended and Restated Declaration of Trust of Granite REIT dated December 20, 2017
50,568,591
99.82
89,525
0.18


 
Votes
For
 
%
Votes Against
%
Special resolution approving certain amendments to the Articles of Granite GP
14,697,668
29.01
35,966,663
70.99


 
Votes
For
 
%
Votes Against
%
Ordinary resolution approving the Non-Employee Directors’ Deferred Share Unit Plan of Granite GP (as amended)
50,034,027
98.77
624,089
1.23




 
DATED as of this 9th day of June, 2022.
   
  GRANITE REAL ESTATE INVESTMENT TRUST
   
 
By:
(signed) "Kevan Gorrie"
    Kevan Gorrie
   
President and Chief Executive Officer
     
     
     
 
GRANITE REIT INC.
   
 
By:
(signed) "Kevan Gorrie"
   
Kevan GorrieTeresa Neto
   
President and Chief Executive Officer