U.S. Markets closed

RMR Mortgage Trust Announces Annual Meeting Results

  • Oops!
    Something went wrong.
    Please try again later.
·2 min read
  • Oops!
    Something went wrong.
    Please try again later.

RMR Mortgage Trust (Nasdaq:RMRM) today announced the results of its 2021 Annual Meeting of Shareholders which was held today.

Adam D. Portnoy was re-elected as a Managing Trustee. The final tabulation of the percentage of shareholders’ votes cast for this Trustee is as follows:

Trustee

Percentage of Shares Voted – For

Adam D. Portnoy

74.8%

Jeffrey P. Somers was re-elected as an Independent Trustee. The final tabulation of the percentage of shareholders’ votes cast for this Trustee is as follows:

Trustee

Percentage of Shares Voted – For

Jeffrey P. Somers

77.5%

Shareholders approved the RMR Mortgage Trust 2021 Equity Compensation Plan. The final tabulation of the percentage of shareholders’ votes cast for this proposal is as follows:

Proposal

Percentage of Shares Voted – For

Approval of Equity Compensation Plan

78.8%

Shareholders voted to approve executive compensation by means of an advisory vote:

Proposal

Percentage of Shares Voted – For

Approval of Equity Compensation

79.3%

Shareholders voted to approve the frequency of future advisory votes to approve executive compensation be set to every 3 years by means of an advisory vote:

Proposal

Percentage of Shares Voted – For

Frequency of Executive

47.9%

Compensation Advisory Vote

Shareholders ratified the appointment of Deloitte & Touche LLP as RMRM’s independent registered public accounting firm 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

93.9%

RMR Mortgage Trust (Nasdaq:RMRM) is a real estate finance company that originates and invests in first mortgage loans secured by middle market and transitional commercial real estate. RMRM is managed by an affiliate of The RMR Group Inc. (Nasdaq:RMR). Substantially all of RMR’s business is conducted by its majority owned subsidiary, The RMR Group LLC, which is an alternative asset management company with $32 billion in assets under management and more than 35 years of institutional experience in buying, selling, financing and operating commercial real estate. For more information about RMRM, please visit www.rmrmortgagetrust.com.

A Maryland Statutory 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.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210527005915/en/

Contacts

Kevin Barry
Manager, Investor Relations
(617) 658-0776