TORONTO--(BUSINESS WIRE)--DREAM IMPACT TRUST (TSX: MPCT.UN) (the "Trust") announced that, at its annual meeting of unitholders (the "Meeting") held today, all of the nominees for election as trustees of the Trust (the "Trustees") referred to in its management information circular for the Meeting (the "Circular") were elected. Votes cast on this matter were as follows:
Nominee | Votes For | % Votes | Votes | % Votes |
Amar Bhalla | 7,121,108 | 96.49 | 259,001 | 3.51 |
Dr. Catherine Brownstein | 7,122,083 | 96.50 | 258,026 | 3.50 |
Robert Goodall | 7,120,864 | 96.49 | 259,245 | 3.51 |
Jennifer Lee Koss | 7,121,898 | 96.50 | 258,211 | 3.50 |
Karine MacIndoe | 7,121,507 | 96.50 | 258,602 | 3.50 |
At the Meeting, PricewaterhouseCoopers LLP was appointed as the auditor of the Trust, Dream Impact Master LP and the Trust's subsidiaries for the ensuing year, and the Trustees were authorized to fix the remuneration of the auditor.
At the Meeting, a resolution authorizing the issuance and delivery of up to 1,800,000 units of the Trust to Dream Asset Management Corporation ("DAM"), the asset manager of the Trust, in satisfaction of the base management fees and acquisition fees payable under the management agreement of the Trust for the period from January 1, 2024 to December 31, 2026 (assuming the valid exercise of all extension options), as contemplated by a third letter agreement dated April 17, 2024 was approved by more than 50% of the votes cast by the unitholders of the Trust at the Meeting, excluding the votes held by DAM and its associates and affiliates.
About Dream Impact Trust
Dream Impact is an open-ended trust dedicated to impact investing. Dream Impact's underlying portfolio is comprised of exceptional real estate assets reported under two operating segments: development and recurring income, that would not be otherwise available in a public and fully transparent vehicle, managed by an experienced team with a successful track record in these areas. The objectives of Dream Impact are to create positive and lasting impacts for our stakeholders through our three impact verticals: environmental sustainability and resilience, attainable and affordable housing, and inclusive communities, while generating attractive returns for investors. For more information, please visit: .
Contacts
Meaghan Peloso
Chief Financial Officer
(416) 365-6322
mpeloso@dream.ca
Kim Lefever
Director, Investor Relations
(416) 365-6339
klefever@dream.ca