Mackenzie Realty Capital Inc.

11/15/2024 | Press release | Distributed by Public on 11/15/2024 15:36

Proxy Results Form 8 K

ITEM 5.07
Submission of Matters to a Vote of Security Holders.
On November 14, 2024, MacKenzie Realty Capital, Inc., a Maryland corporation (the "Company"), held its 2024 annual meeting of stockholders (the "Annual Meeting"). Two proposals were on the agenda for the 2024 Annual Meeting: Proposal 1, to elect four directors to hold office until the Company's 2025 Annual Meeting of Stockholders and until their successors are duly elected and qualify; and Proposal 2, to ratify Moss Adams, LLP as the Company's independent registered public accounting firm for the fiscal year ended June 30, 2025.

With respect to Proposal 1, all nominees standing for election as directors were elected to serve until the 2025 Annual Meeting of Stockholders and until their successors are duly elected and qualify. The voting results for each of the three persons nominated were as follows:

Nominee
Votes For
Votes Withheld
Thomas Frame
3,927,476
608,232
Timothy Dozois
3,954,379
581,329
Chip Patterson
4,109,712
425,996
Kjerstin Hatch
4,101,772
433,936

No broker non-votes were cast in the election of directors. A total of 7,666,183 Shares were present at the meeting, or 57.06% of Shares outstanding and eligible to vote, so a quorum was reached. Over 86% of all shares present at the meeting voted for all 4 directors.

With respect to Proposal 2, the stockholders ratified Moss Adams, LLP as the Company's independent registered public accounting
firm for the fiscal year ended June 30, 2025:

Votes For
Votes Against
Abstentions
7,448,252
47,077
170,854

No broker non-votes were cast in the ratification of auditors. Thus 97.16% of all shares present at the meeting voted for the ratification of Moss Adams, LLP as the Company's independent registered public accounting firm..