Flagship Communities Real Estate Investment Trust Reports Voting Results from 2026 Annual Meeting of Unitholders

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TORONTO, May 05, 2026 (GLOBE NEWSWIRE) -- Flagship Communities Real Estate Investment Trust (“Flagship” or the “REIT”) (TSX: MHC.U) (TSX: MHC.UN) today announced that each of the nine individuals nominated for election as a trustee of Flagship at the REIT’s Annual Meeting of Unitholders held on May 5, 2026 (the "Meeting"), was elected. Voting results for the individual trustees of the REIT are as follows:

Director	Number of Votes FOR	Number of Votes Withheld	Percentage of Votes Cast FOR Matter
Peter C.B. Bynoe	15,173,582	44,754	99.71%
Louis M. Forbes	15,160,210	58,126	99.62%
Kurtis Keeney	15,196,912	21,424	99.86%
Jonathan Li	15,150,650	67,686	99.56%
Candace McGraw	15,186,352	31,984	99.79%
J. Susan Monteith	15,182,212	36,124	99.76%
Andrew Oppenheim	15,184,512	33,824	99.78%
Ann Rooney	15,142,010	76,326	99.50%
Nathan Smith	15,200,612	17,724	99.88%

At the Meeting, a resolution re-appointing Deloitte LLP as auditor of the REIT for the ensuing year and authorizing the Board of Trustees of the REIT to fix their remuneration, as more particularly described in the REIT’s management information circular dated March 20, 2026 (the “Circular”), was passed as an ordinary resolution of unitholders by a majority on a vote conducted by way of ballot. The results of the ballot were 15,614,804 votes (99.75%) voting in favour of the resolution.

A non-binding advisory resolution on the REIT’s approach to executive compensation, as more particularly described in the Circular, was passed as an ordinary resolution of unitholders by a majority on a vote conducted by way of ballot. The results of the ballot were 15,025,881 votes (98.71%) voting in favour of the ‘Say-on-Pay’ resolution.

Final results on all matters voted on at the Meeting will be filed shortly with the Canadian securities regulators.

About Flagship Communities Real Estate Investment Trust

Flagship Communities Real Estate Investment Trust (TSX: MHC.U; MHC.UN) is a leading operator of affordable residential Manufactured Housing Communities primarily serving working families seeking affordable home ownership. The REIT owns and operates exceptional residential living experiences and investment opportunities in family-oriented communities in Kentucky, Indiana, Ohio, West Virginia, Tennessee, Arkansas, Missouri, and Illinois. To learn more about Flagship, visit www.flagshipcommunities.com.

For further information, please contact:

Eddie Carlisle, Chief Financial Officer
Flagship Communities Real Estate Investment Trust Tel: +1 (859) 568-3390

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