Item 5.07. Submission of Matters to a Vote of Security Holders.
On May 21, 2020, Seritage Growth Properties (the "Company") held its annual
meeting of shareholders. The meeting was held to vote on the matters described
below.
1. Election of trustees. Sharon Osberg and Benjamin Schall stood for re-election
as Class II trustees of the Company for a term ending at the 2023 annual meeting
of shareholders. Under the Company's bylaws, the election of trustees requires
the affirmative vote of at least two-thirds of all the votes cast at a meeting
of shareholders at which a quorum is present is required to elect a trustee. The
votes on this matter were as follows:
Name For Against Abstain Broker Non-Vote
Sharon Osberg 26,718,289 3,262,028 18,184 5,059,638
Benjamin Schall 27,622,970 2,340,755 34,776 5,059,638
2. Ratification of the appointment of Deloitte & Touche LLP as the Company's
independent registered public accounting firm for fiscal year 2020. The
shareholders ratified the appointment of Deloitte & Touche LLP as the Company's
independent registered public accounting firm for fiscal year 2020. Ratification
of the appointment of our independent registered public accounting firm required
the affirmative vote of a majority of votes at the annual meeting. The votes on
this matter were as follows:
For Against Abstain Broker Non-Vote
34,655,294 370,983 31,862 --
3. Approval of an advisory, non-binding, resolution to approve the Company's
executive compensation program for the Company's named executive officers. The
shareholders approved an advisory, non-binding, resolution to approve the
Company's executive compensation program for the Company's named executive
officers. Approval of this advisory, non-binding, resolution required the
affirmative vote of a majority of votes at the annual meeting. The votes on
this matter were as follows:
For Against Abstain Broker Non-Vote
26,292,389 3,673,957 32,155 5,059,638
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits
Exhibit No. Description
104 Cover Page Interactive Data File (embedded within Inline XBRL document)
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