Calgary, Alberta – As required by the shareholders meetings and proxy solicitation rules in the TSX Company Manual, Brookfield Residential Properties Inc. (BRP: NYSE/TSX) (“Brookfield Residential”) announced today that at the company’s annual meeting of shareholders held on May 1, 2014 all eight nominees proposed for election to the board of directors by holders of Common Shares were elected. Detailed results of the vote for the election of directors are set out below.
Management received the following proxies from holders of Common Shares in regard to the election of the eight directors nominated for election:
|Director||Votes For||Proxy%||Votes Withheld||Proxy%|
|Bruce T. Lehman||102,753,867||99.89||116,880||0.11|
|Patricia M Newson||102,834,557||99.96||36,190||0.04|
|Allan S. Olson||102,863,095||99.99||7,652||0.01|
|Timothy R. Price||102,863,140||99.99||7,607||0.01|
|David M. Sherman||102,863,065||99.99||7,682||0.01|
|Robert L. Stelzl||102,862,502||99.99||8,245||0.01|
|Michael D. Young||102,753,341||99.89||117,406||0.11|
Details of votes on all matters of business considered at the meeting are available in the company’s report of voting results filed on SEDAR (www.sedar.com).
Brookfield Residential Properties Inc. is a leading North American land developer and homebuilder with operations in eleven major markets. We entitle and develop land to create master-planned communities and build and sell lots to third-party builders, as well as to our own homebuilding division. We also participate in selected, strategic real estate opportunities, including infill projects, mixed-use developments, infrastructure projects, and joint ventures. Brookfield Residential is listed on the NYSE and TSX under the symbol BRP. For more information, visit www.brookfieldrp.com.
For more information, please visit our website at www.brookfieldrp.com or contact:
Tel.: (403) 231-8952
Tel.: (416) 369-8236