03/10/2022

The RMR Group Inc. Announces Annual Meeting Results

NEWTON, Mass.--(BUSINESS WIRE)-- The RMR Group Inc. (Nasdaq: RMR) today announced the results of its 2022 Annual Meeting of Shareholders which was held today.

Ann Logan was re-elected as an Independent Director. The final tabulation of the percentage of shareholders’ votes cast for this Director is as follows:

Director

 

Percentage of Shares Outstanding For

Ann Logan

 

96.5%

Rosen Plevneliev was re-elected as an Independent Director. The final tabulation of the percentage of shareholders’ votes cast for this Director is as follows:

Director

 

Percentage of Shares Outstanding For

Rosen Plevneliev

 

97.4%

Jonathan Veitch was re-elected as an Independent Director. The final tabulation of the percentage of shareholders’ votes cast for this Director is as follows:

Director

 

Percentage of Shares Outstanding For

Jonathan Veitch

 

98.0%

Walter Watkins, Jr. was re-elected as an Independent Director. The final tabulation of the percentage of shareholders’ votes cast for this Director is as follows:

Director

 

Percentage of Shares Outstanding For

Walter Watkins, Jr.

 

98.0%

Jennifer Clark was re-elected as a Managing Director. The final tabulation of the percentage of shareholders’ votes cast for this Director is as follows:

Director

 

Percentage of Shares Outstanding For

Jennifer Clark

 

99.7%

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

Director

 

Percentage of Shares Outstanding For

Adam Portnoy

 

97.9%

Shareholders voted to approve executive compensation by means of an advisory vote. The final tabulation of the percentage of shareholders’ votes cast for this proposal is as follows:

Proposal

 

Percentage of Shares Outstanding For

Approval of executive compensation

 

98.7%

Shareholders approved, on an advisory basis, 1 year as the frequency for future advisory votes to approve executive compensation. The final tabulation of the percentage of shareholders’ votes cast for this proposal is as follows:

Proposal

 

Percentage of Shares Outstanding For

1 Year frequency

 

98.3%

Shareholders approved The RMR Group Inc. Amended and Restated 2016 Omnibus Equity Plan. The final tabulation of the percentage of shareholders’ votes cast for this proposal is as follows:

Proposal

 

Percentage of Shares Outstanding For

Amended and Restated 2016 Omnibus Equity Plan

 

99.8%

Shareholders ratified the appointment of Deloitte & Touche LLP as RMR’s independent auditors to serve for the 2022 fiscal year. The final tabulation of the percentage of shareholders’ votes cast for this proposal is as follows:

Proposal

 

Percentage of Shares Outstanding For

Ratification of Independent Auditors

 

100.0%

The RMR Group (Nasdaq: RMR) is a leading U.S. alternative asset management company, unique for its focus on commercial real estate (CRE) and related businesses. RMR’s vertical integration is supported by more than 600 real estate professionals in over 30 offices nationwide who manage over $33 billion in assets under management and leverage 35 years of institutional experience in buying, selling, financing and operating CRE. RMR benefits from a scalable platform, a deep and experienced management team and a diversity of direct real estate strategies across its clients. RMR is headquartered in Newton, MA and was founded in 1986. For more information, please visit www.rmrgroup.com.

Michael Kodesch, Director, Investor Relations
(617) 796-8230

Source: The RMR Group Inc.

Cautionary Language

The information appearing in RMR's website includes statements which constitute forward looking statements. These forward looking statements are based upon RMR's present intents, beliefs or expectations, but forward looking statements are not guaranteed to occur and may not occur. RMR's actual results may differ materially from those contained in RMR's forward looking statements. The information contained in RMR's filings with the Securities and Exchange Commission (SEC), including under “Risk Factors” and “Warnings Concerning Forward Looking Statements” in RMR's periodic reports and other filings, identifies important factors that could cause RMR's actual results to differ materially from those stated or implied in RMR's forward looking statements. RMR's filings with the SEC are available on the SEC’s website at www.sec.gov and are also accessible on RMR's website at the following link: SEC Filings. You should not place undue reliance upon forward looking statements. Except as required by law, RMR does not intend to update or change any forward looking statements as a result of new information, future events or otherwise.

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