Whitestone REIT Announces Preliminary Results of 2024 Annual Meeting of Shareholders

HOUSTON, May 14, 2024 (GLOBE NEWSWIRE) -- Whitestone REIT (NYSE:WSR) (“Whitestone” or the “Company”) today announced that, based on the preliminary vote count at the Company’s 2024 Annual Meeting of Shareholders (the “Annual Meeting”), subject to the final certification of the voting results by the inspector of election, all six Whitestone’s nominees have been re-elected to the Whitestone Board of Trustees (the “Board”).

In addition, based on the preliminary vote count and subject to the final certification of the voting results by the inspector of election, the Company today announced that, at the Annual Meeting, Whitestone shareholders approved, on a non-binding advisory basis, the Company’s executive compensation and approved the ratification of Pannell Kerr Forster of Texas, P.C. as the Company’s auditor.

Whitestone issued the following statement:

“Whitestone’s Board and management team thank our shareholders for their support and input during this proxy contest. We value the perspectives of all shareholders. We are pleased that shareholders have reaffirmed their support for the Board’s highly qualified nominees and recognized our commitment to continue creating shareholder value. We have heard the collective voice of shareholders and will continue to incorporate feedback in our strategy, governance, and other practices.”

The Company will file a Form 8-K with the Securities and Exchange Commission (“SEC”) reporting the preliminary results based on the independent inspector of election’s preliminary tabulation. In addition, the Company will amend the Form 8-K to report the final voting outcome once it has received the final, certified report from the inspector.

About Whitestone REIT

Whitestone REIT (NYSE: WSR) is a community-centered real estate investment trust (REIT) that acquires, owns, operates, and develops open-air, retail centers located in some of the fastest growing markets in the country: Phoenix, Austin, Dallas-Fort Worth, Houston and San Antonio.

Our centers are convenience focused: merchandised with a mix of service-oriented tenants providing food (restaurants and grocers), self-care (health and fitness), services (financial and logistics), education and entertainment to the surrounding communities. The Company believes its strong community connections and deep tenant relationships are key to the success of its current centers and its acquisition strategy. For additional information, please visit https://ir.whitestonereit.com/.