NEWTON, Mass.--(BUSINESS WIRE)--Service Properties Trust (Nasdaq: SVC) today announced the results of its 2021 Annual Meeting of Shareholders, which was held earlier today, as follows.
Laurie B. Burns was re-elected as an Independent Trustee. The final tabulation of the percentage of shareholders’ votes cast for this Independent Trustee is as follows:
Independent Trustee |
Percentage of Shares Voted For |
|
Laurie B. Burns |
76.0% |
William A. Lamkin was re-elected as an Independent Trustee. The final tabulation of the percentage of shareholders’ votes cast for this Independent Trustee is as follows:
Independent Trustee |
Percentage of Shares Voted For |
|
William A. Lamkin |
65.7% |
Shareholders voted to approve executive compensation by means of an advisory vote. The final tabulation of the percentage of shareholders’ votes cast for this proposal is as follows:
Proposal |
Percentage of Shares Voted For |
|
Approval of Executive Compensation |
86.0% |
Shareholders ratified the appointment of Deloitte & Touche LLP as SVC’s independent auditors for the 2021 fiscal year. The final tabulation of the percentage of shareholders’ votes cast for this proposal is as follows:
Proposal |
Percentage of Shares Voted For |
|
Ratification of Independent Auditors |
99.6% |
About Service Properties Trust:
Service Properties Trust is a real estate investment trust which owns a diverse portfolio of hotels and net lease service and necessity-based retail properties across the United States and in Puerto Rico and Canada. SVC is managed by the majority owned operating subsidiary of The RMR Group Inc. (Nasdaq: RMR), an alternative asset management company that is headquartered in Newton, Massachusetts.
A Maryland Real Estate Investment Trust with transferable shares of beneficial interest listed on the Nasdaq.
No shareholder, Trustee or officer is personally liable for any act or obligation of the Trust.