Plaza Retail REIT Announces the Election of its Board of Trustees

FREDERICTON, NB, May 27, 2022 /CNW/ - Plaza Retail REIT ("Plaza") (TSX:PLZ.UN) is pleased to announce that all of the trustee nominees proposed for election in its management information circular dated March 24, 2022 were elected at Plaza's annual meeting of unitholders held virtually on May 26, 2022 (the "Meeting").   The detailed results of the votes are as follows:  

Candidate	Votes For	% For	Votes Withheld	% Withheld
Earl Brewer	41,797,257	97.86%	915,480	2.14%
Stephen Johnson	41,262,562	96.60%	1,450,175	3.40%
Jane Marshall	42,612,202	99.76%	100,535	0.24%
Doug McGregor	42,629,093	99.80%	83,644	0.20%
Lynda Savoie	42,583,324	99.70%	129,413	0.30%
Barbara Trenholm	41,752,554	97.75%	960,183	2.25%
Michael Zakuta	42,634,009	99.82%	78,728	0.18%

Voting results on all matters voted on at the Meeting are available on SEDAR at www.sedar.com.

ABOUT PLAZA

Plaza is an open-ended real estate investment trust and is a leading retail property owner and developer, focused on Ontario, Quebec and Atlantic Canada. Plaza's portfolio at March 31, 2022 includes interests in 255 properties totaling approximately 8.7 million square feet across Canada and additional lands held for development. Plaza's portfolio largely consists of open-air centres and stand-alone small box retail outlets and is predominantly occupied by national tenants. For more information, please visit www.plaza.ca.

SOURCE Plaza Retail REIT

Michael Zakuta, President & Chief Executive Officer, Plaza Retail REIT, Tel: [phone]; Jim Drake, Chief Financial Officer, Plaza Retail REIT, Tel: [phone]