Subjects: BOARD OF DIRECTORS, MISCELLANEOUS
Northview Apartment REIT Announces Voting Results From 2018 Annual General Meeting of Unitholders
CALGARY, Alberta, May 11, 2018 (GLOBE NEWSWIRE) -- Northview Apartment Real Estate Investment Trust ("Northview") (TSX:NVU.UN), announced today the voting results from their annual general meeting of unitholders held on Thursday, May 10, 2018 in Calgary, Alberta.
A total of 32,216,749 Trust Units and Special Voting Units ("Units") were represented at the meeting, being 55.69% of Northview's issued and outstanding Units. Unitholders voted in favour of all matters brought before the meeting, including the election of all of the trustee nominees. Detailed results of the election of trustees are provided below:
| Trustee Nominee | Votes For | Votes Withheld |
| Scott Thon | 31,389,633 (99.68%) | 101,494 (0.32%) |
| Todd R. Cook | 31,042,536 (98.54%) | 459,009 (1.46%) |
| Daniel Drimmer | 26,930,587 (85.49%) | 4,570,958 (14.51%) |
| Kevin E. Grayston | 30,997,227 (98.43%) | 493,900 (1.57%) |
| Dennis J. Hoffman | 30,476,938 (96.75%) | 1,024,607 (3.25%) |
| Christine McGinley | 31,401,402 (99.68%) | 100,143 (0.32%) |
| Terrance L. McKibbon | 31,057,725 (98.59%) | 443,820 (1.41%) |
At the meeting, unitholders also voted on two additional items of business: the re-appointment of Deloitte LLP as auditors of Northview for the ensuing year and the authorization of the trustees to fix the remuneration payable to the auditors; and on an advisory basis and not to diminish the role and responsibility of the Board of Trustees, approving the approach to executive compensation.
| Votes For | Votes Withheld or Against | |
| Appointment of Auditors | 31,736,668 (98.60%) | 449,522 (1.40%) |
| Executive Compensation | 30,974,171 (98.33%) | 527,374 (1.67%) |
CORPORATE PROFILE
Northview is one of Canada's largest publicly traded multi-family REITs with a portfolio of approximately 25,000 quality residential suites and 1.2 million square feet of commercial space in more than 60 markets across eight provinces and two territories. Northview's well-diversified portfolio includes markets characterized by expanding populations and growing economies, which provides Northview the means to deliver stable and growing profitability and distributions to Unitholders of Northview over time. Northview currently trades on the TSX under the ticker symbol: NVU.UN. Additional information concerning Northview is available at www.sedar.com or www.northviewreit.com.
Northview Apartment Real Estate Investment Trust
(403) 531-0720
Mr. Todd Cook
President and Chief Executive Officer
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