Chartwell Announces the Election of Directors and Other Voting Results

Chartwell Retirement Residences logo (CNW Group/Chartwell Retirement Residences (IR))

MISSISSAUGA, ON, May 8, 2025 /CNW/ - Chartwell Retirement Residences ("Chartwell") (TSX: CSH.UN) announced that the nominees listed in the management information circular dated March 14, 2025 were elected as trustees of Chartwell, trustees of CSH Trust, and directors of Chartwell Master Care Corporation. The detailed results of the votes (i) for the election of directors and trustees; (ii) for the reappointment of KPMG LLP as auditors of Chartwell; and (iii) relating to executive compensation, held at Chartwell's Annual Meeting on Wednesday May 7, 2025 in Mississauga, are set out below. 

Voting Results

Each of the following three nominees proposed by management was elected as a trustee of Chartwell Retirement Residences (the "Chartwell Trustees") as follows:

Nominee	Votes For		Votes Withheld
V. Ann Davis	185,505,571	99.25 %	1,408,567	0.75 %
James Scarlett	185,588,846	99.29 %	1,325,292	0.71 %
Huw Thomas	184,112,099	98.50 %	2,802,039	1.50 %

As directed by unitholders of Chartwell, the Chartwell Trustees voted units of CSH Trust to elect the trustees of CSH Trust as follows:

Nominee	Votes For		Votes Withheld
Valerie Pisano	185,578,368	99.29 %	1,332,723	0.71 %
Sharon Sallows	184,082,414	98.49 %	2,831,724	1.51 %
Gary Whitelaw	185,633,478	99.31 %	1,280,660	0.69 %

As directed by unitholders of Chartwell, the Chartwell Trustees caused the common shares of Chartwell Master Care Corporation (the "Corporation") to be voted to elect the directors of the corporation as follows:

Nominee	Votes For		Votes Withheld
W. Brent Binions	176,625,477	94.50 %	10,288,661	5.50 %
V. Ann Davis	178,176,565	95.33 %	8,737,572	4.67 %
Alka Gautam	183,773,644	98.32 %	3,140,494	1.68 %
Valerie Pisano	182,504,313	97.64 %	4,409,824	2.36 %
Sharon Sallows	173,951,130	93.06 %	12,963,007	6.94 %
James Scarlett	182,503,850	97.64 %	4,408,287	2.36 %
Huw Thomas	175,983,810	94.15 %	10,930,328	5.85 %
Vlad Volodarski	175,630,165	93.96 %	11,283,973	6.04 %
Gary Whitelaw	183,788,821	98.33 %	3,125,317	1.67 %

Reappointment of KPMG LLP as Auditors of Chartwell:

	Votes For		Votes Withheld
Reappointment of KPMG LLP	163,113,513	87.21 %	23,917,112	12.79 %

Executive Compensation

	Votes For		Votes Against
Advisory Vote on Approach to Executive Compensation	180,429,042	96.53 %	116,487	3.47 %

Final voting results on all matters voted on at the Annual Meeting of Shareholders held on May 7, 2025 will also be published on www.sedar.com.

Committee Composition

Audit Committee

V. Ann Davis (Chair)
Alka Gautam
James Scarlett
Gary Whitelaw

Compensation, Governance and Nominating Committee

V. Ann Davis 
Valerie Pisano
Sharon Sallows (Chair)          
James Scarlett

Investment Committee

W. Brent Binions
Alka Gautam 
Valerie Pisano
Sharon Sallows          
Gary Whitelaw (Chair)

About Chartwell

Chartwell is in the business of serving and caring for Canada's seniors, committed to its vision of Making People's Lives BETTER and to providing a happier, healthier, and more fulfilling life experience for its residents.  Chartwell is an unincorporated, open-ended real estate trust which indirectly owns and operates a complete range of seniors housing communities, from independent living through to assisted living and long term care.  Chartwell is one of the largest operators in Canada, serving approximately 25,000 residents in four provinces across the country. For more information, visit www.chartwell.com.

For more information, please contact:
Chartwell Retirement Residences
Vlad Volodarski
Chief Executive Officer
Tel:  [phone]
[email protected]

SOURCE Chartwell Retirement Residences (IR)