AMERICAN HOTEL INCOME PROPERTIES – GuruFocus.com

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VANCOUVER, BC, May 11, 2022 /PRNewswire/ – American Hotel Income Properties REIT LP (“AHIP”)(TSX: HOT.UN, HOT.U and HOT.DB.V) announces that at its annual and special meeting of unitholders (“the meeting”) held earlier today, all of the directors nominated as listed in the information circular dated April 8, 2022 were elected directors of American Hotel Income Properties REIT (GP) Inc. for the following year. As a ballot was not required, the number of votes shown in the table below only reflects proxies received by AHIP management prior to the meeting.

DIRECTOR

VOTES FOR

%

ABSTAINED VOTES

%

W. Michael Murphy

14,420,967

98.86

165,774

1.14

Charles van der Lee

12,366,259

84.78

2,220,482

15.22

Matthew Matterhorn

12,427,617

85.20

2,159,124

14.80

Stephen J. Evans

13,078,363

89.66

1,508,378

10.34

Richard Frank

14,492,453

99.35

94,288

0.65

Mahmoud Khimji

12,398,914

85.00

2,187,827

3:00 p.m.

Tamara L Lawson

14,453,824

99.09

132,917

0.91

Robert O’Neill

13,256,254

90.88

1,330,487

9.12

The renewal, amendment and restatement of AHIP’s equity-based compensation plan was approved by unitholders at the meeting, with 12,302,035 votes (84.34%) in favour.

The reconfirmation, amendment and restatement of the AHIP Unitholder Rights Plan Agreement was also approved by Unitholders at the Meeting, with 14,243,670 votes (97.65%) in favor.

AHIP has filed a report of the voting results of all resolutions passed at this meeting on SEDAR at www.sedar.com.

ABOUT AMERICAN HOTEL INCOME PROPERTIES REIT LP

American Hotel Income Properties REIT LP (TSX: HOT.UN, TSX: HOT.U, TSX: HOT.DB.V), or AHIP, is a limited partnership formed to invest in hotel real estate properties across United States. AHIP’s portfolio of premium, serviced hotels is located in secondary metropolitan markets that benefit from diversified and stable demand. AHIP hotels operate under brands affiliated with Marriott, Hilton, IHG and Choice Hotels through licensing agreements. The company’s long-term objectives are to build on its proven track record of successful investments, to pay monthly U.S. dollar-denominated distributions to unitholders, and to generate value through the continued growth of its diversified hotel portfolio. More information is available at www.ahipreit.com.

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SOURCE American Hotel Income Properties REIT LP

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