Plaza Retail REIT (PLZ.UN) AGM 2026 summary

Opening remarks and agenda

• Leadership transition acknowledged, with thanks to outgoing board members and emphasis on oversight and long-term success priorities.

• Meeting agenda and protocols, including voting and Q&A procedures, were outlined for unitholders.

Board and executive committee updates

• Board size fixed at five trustees to maintain a majority of independent trustees, reflecting governance best practices.

• Five trustee nominees presented and elected individually, with detailed qualifications and backgrounds provided.

• KPMG LLP reappointed as external auditor for the next year.

Corporate governance

• 100% of Trustee members on Board Committees are independent, and the majority of the Board is independent.

• Voting conducted electronically, with all motions approved by a majority of votes cast.

• No additional trustee nominations received from unitholders; nominations closed as per governance rules.

• Final voting results to be filed on SEDAR+ and incorporated into meeting minutes.

• Enhanced property resilience and reduced security risk through updated Code of Conduct and increased flood risk training.