Item 5.07. Submission or Matters to a Vote of Security Holders.

On May 17, 2022, Centerspace held its 2022 Annual Meeting of Shareholders (the "Annual Meeting"). As of March 22, 2022, the record date for holders of common shares of beneficial interest ("common shares") entitled to vote at the Annual Meeting, there were 15,355,506 common shares outstanding and entitled to vote at the Annual Meeting. Of the common shares entitled to vote, 13,202,584, or approximately 85.97% of the common shares, were present or represented by proxy at the Annual Meeting, constituting a quorum under the Company's Declaration of Trust. There were three matters presented and voted on at the Annual Meeting. Set forth below is a brief description of each matter voted on at the Annual Meeting and the final voting results with respect to each such matter.



Proposal 1 - Election of eight nominees to serve on the Board of Trustees for a
one-year term and until their respective successors are duly elected and
qualified.

Nominee                           For       Against      Abstain     Broker Non-Votes

Jeffrey P. Caira        11,538,269     162,711        5,728         1,388,305
Michael T. Dance        11,615,763      62,485       28,460         1,388,305
Mark O. Decker, Jr.     11,674,963      26,222        5,523         1,388,305
Emily Nagle Green       11,593,464     108,188        5,056         1,388,305
Linda J. Hall           11,502,228     199,256        5,224         1,388,305
John A. Schissel        11,590,450     110,212        6,046         1,388,305
Mary J. Twinem          11,647,747      53,749        5,212         1,388,305
Rodney Jones-Tyson      11,690,535      10,687        5,486         1,388,305

The shareholders elected all eight of the nominees as Trustees.

Proposal 2 - Non-binding advisory resolution on executive compensation.



                         For       Against      Abstain     Broker Non-Votes

Votes Cast 11,434,520 256,959 15,229 1,388,305

The shareholders approved the non-binding advisory resolution on executive compensation.

Proposal 3 - Ratification of Grant Thornton LLP as the Company's independent registered public accounting firm for the year ending December 31, 2022.



                         For      Against      Abstain     Broker Non-Votes
Votes Cast     13,044,695     34,096       16,222                         0

The shareholders ratified the appointment of Grant Thornton LLP as the Company's independent registered public accounting firm for the year ending December 31, 2022.

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