Killam Properties Inc. announces voting results from 2015 annual meeting

HALIFAX, May 8, 2015 /CNW/ - Killam Properties Inc. ("Killam" or the "Company") (TSX: KMP) announced today the voting results of matters voted on at its annual meeting of common shareholders (the "Meeting"), which was held in Halifax on May 6, 2015. The voting results of each of the matters considered at the Meeting are presented below.

1) Election of Directors
All candidates in the Management Proxy Circular dated March 31, 2015, were elected as directors. The voting results of the directors are as follows:

Candidate	Votes For	% For	Votes Withheld	% Withheld
Timothy R. Banks	24,564,644	69.66%	10,699,988	30.34%
Philip D. Fraser	34,860,594	98.85%	404,038	1.15%
Robert G. Kay	34,754,082	98.55%	510,550	1.45%
James C. Lawley	30,417,381	86.25%	4,847,251	13.75%
Arthur G. Lloyd	35,135,141	99.63%	129,491	0.37%
Karine L. MacIndoe	35,223,808	99.88%	40,824	0.12%
Robert G. Richardson	33,288,444	94.40%	1,976,188	5.60%
Manfred J. Walt	35,173,944	99.74%	90,688	0.26%
G. Wayne Watson	34,744,833	98.53%	519,799	1.47%

2) Appointment of Auditors
Ernst & Young LLP was reappointed as the auditors of the Company, to hold office until the next annual meeting of shareholders at remuneration to be fixed by the board of directors. The voting results for the reappointment of the auditors are as follows:

Votes For	% For	Votes Withheld	% Withheld
34,765,369	98.58%	499,263	1.42%

3) Restricted Share Unit Plan
Killam's Restricted Share Unit ("RSU") Plan was approved, as were the ratification of unallocated RSUs and the ratification of prior grants of RSUs.  The voting results for the RSU plan are as follows:

Votes For	% For	Votes Against	% Against
24,251,638	68.77%	11,012,994	31.23%

4) Advance Notice By-law Amendment
The resolution ratifying and confirming the adoption of an Advance Notice By-law Amendment (the "Advance Notice By-law Amendment") was approved.  The voting results for the Advance Notice By-law Amendment are as follows:

Votes For	% For	Votes Against	% Against
21,692,783	61.51%	13,571,849	38.49%

Corporate Profile

Killam Properties Inc., based in Halifax, Nova Scotia, is one of Canada's largest residential landlords, owning, operating and developing multi-family apartments and manufactured home communities.

Note: The Toronto Stock Exchange has neither approved nor disapproved of the information contained herein. 

SOURCE Killam Properties Inc.

Dale Noseworthy, CA, CFA, Vice President, Investor Relations and Corporate Planning, [email protected], Phone: [phone]