Chartwell Retirement Residences

Chartwell Retirement Residences

May 21, 2013 06:55 ET

Chartwell Retirement Residences Announces Election of Trustees and Directors

MISSISSAUGA, ONTARIO--(Marketwired - May 21, 2013) - Chartwell Retirement Residences (TSX:CSH.UN) ("Chartwell") announced that the nominees listed in the management proxy circular dated April 10, 2013 were elected as trustees of Chartwell, trustees of CSH Trust, and directors of Chartwell Master Care Corporation. The detailed results of the vote for the election of directors and trustees held at Chartwell's Annual Meeting on Thursday, May 16, 2013 in Toronto are set out below.

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
Lise Bastarache 89,849,046 98.46% 1,404,003 1.54%
Sidney P. H. Robinson 90,264,388 98.92% 989,061 1.08%
Huw Thomas 83,574,353 91.58% 7,679,096 8.42%

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
Michael D. Harris 79,835,610 87.49% 11,415,839 12.51%
André R. Kuzmicki 91,167,242 99.91% 86,207 0.09%
Thomas Schwartz 77,048,785 84.43% 14,204,664 15.57%

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
Lise Bastarache 90,213,792 98.86% 1,039,657 1.14%
W. Brent Binions 90,257,758 98.91% 995,691 1.09%
Michael D. Harris 81,886,223 89.73% 9,367,226 10.27%
André R. Kuzmicki 91,136,167 99.87% 117,282 0.13%
Sidney P. H. Robinson 89,990,586 98.62% 1,262,863 1.38%
Sharon Sallows 90,239,801 98.89% 1,013,648 1.11%
Thomas Schwartz 76,244,281 83.55% 15,009,168 16.45%
Huw Thomas 83,542,225 91.55% 7,711,224 8.45%

Final voting results on all matters voted on at the Annual Meeting of Shareholders held on May 16, 2013 will be published shortly on

About Chartwell:

Chartwell is a real estate investment trust that indirectly owns and operates a complete range of seniors housing communities from independent supportive living through assisted living to long term care. It is one of the largest participants in the seniors housing business in North America. Chartwell's aim is to capitalize on the strong demographic trends present in its markets to maximize the value of its existing portfolio of seniors housing communities, and prudently avail itself of opportunities to grow internally and through accretive acquisitions.

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