Plaza Retail REIT Announces the Election of its Board of Trustees

FREDERICTON, NB, May 26, 2023 /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 April 12, 2023 were elected at Plaza's annual meeting of unitholders held virtually on May 25, 2023 (the "Meeting").   The detailed results of the votes are as follows:  

Candidate	Votes For	% For	Votes Withheld	% Withheld
Earl Brewer	41,703,135	99.63 %	156,355	0.37 %
Stephen Johnson	40,874,443	97.65 %	985,047	2.35 %
Jane Marshall	41,706,508	99.63 %	152,982	0.37 %
Doug McGregor	41,738,771	99.71 %	120,719	0.29 %
Lynda Savoie	41,704,452	99.63 %	155,038	0.37 %
Susan Taves	41,700,401	99.62 %	159,089	0.38 %
Michael Zakuta	41,743,653	99.72 %	115,837	0.28 %

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, 2023 includes interests in 246 properties totaling approximately 8.8 million square feet across Canada, as well as 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, with a focus on the essential needs, value and convenience market segments. For more information, please visit www.plaza.ca.

SOURCE Plaza Retail REIT

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