Flagship Communities Real Estate Investment Trust Announces Voting Results from the 2022 Annual General Meeting

Not for distribution to U.S. newswire services or dissemination in the United States.

TORONTO, May 10, 2022 /CNW/ - Flagship Communities Real Estate Investment Trust (TSX: MHC.U) ("Flagship REIT" or the "REIT") announced today that each of the trustee nominees listed in the management information circular of the REIT dated April 6, 2022 were elected as trustees of the REIT at the annual general meeting of unitholders held on May 10, 2022.  Voting results for the individual trustees of the REIT are as follows:

	Number of Units Voted For	Percentage of Units Voted For	Number of Units Withheld from Voting	Percentage of Units Withheld from Voting
Peter C.B. Bynoe	10,516,408	89.8%	1,188,337	10.2%
Louis Forbes	11,601,625	99.1%	103,120	0.9%
Kurtis Keeney	11,703,945	100.0%	800	0.0%
J. Susan Monteith	8,479,527	72.4%	3,225,218	27.6%
Andrew Oppenheim	11,438,708	97.7%	266,037	2.3%
Nathan Smith	11,703,945	100.0%	800	0.0%
Iain Stewart	11,601,625	99.1%	103,120	0.9%

The resolution to re-appoint MNP, LLP as the auditors of the REIT for the ensuing year and authorizing the trustees to fix the remuneration to be paid to the auditors was approved by 91.3% of the votes.

About Flagship Communities Real Estate Investment Trust
Flagship Communities Real Estate Investment Trust is a newly created, internally managed, unincorporated, open-ended real estate investment trust established pursuant to a declaration of trust under the laws of the Province of Ontario. The REIT has been formed to own and operate a portfolio of income-producing manufactured housing communities located in Kentucky, Indiana, Ohio, Tennessee, Arkansas, Illinois and Missouri, including a fleet of manufactured homes for lease to residents of such housing communities.

SOURCE Flagship Communities Real Estate Investment Trust

For further information, please contact: Eddie Carlisle, Chief Financial Officer, Flagship Communities Real Estate Investment Trust, Tel: [phone]