Item 5.07 - Submission of Matters to a Vote of Security Matters
On June 11, 2026, JLL Income Property Trust, Inc. (the "Company") held its annual meeting of stockholders as a virtual meeting (the "Annual Meeting"). Stockholders representing 106,403,096, or 51.19%, of the shares of the Company's common stock, $0.01 par value per share (the "Common Stock"), outstanding as of March 13, 2026 (the "Record Date") were present in person or were represented at the meeting by proxy.
The purpose of this meeting was to consider and vote upon the following three proposals:
1.The election of nine directors to our board of directors for the ensuing year;
2.The three separate proposals to make amendments to our Second Articles of Amendment and Restatement; and
3.The ratification of the appointment of KPMG LLP ("KPMG") as our independent registered public accounting firm for the year ending December 31, 2026.
Each of the nominees received a majority of the votes cast for such nominee, the stockholders ratified the appointment of KPMG LLP, and the proposals to amend the Second Articles of Amendment and Restatement did not receive the required vote of a majority of outstanding shares to be approved. The votes cast with respect to each proposal were as follows:
Proposal 1: Election of Directors
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Votes For
|
Votes Withheld
|
Broker Non Votes
|
Total
|
|
Lynn C. Thurber
|
79,170,739
|
9,917,574
|
17,314,783
|
106,403,096
|
|
Mark Denien
|
85,220,284
|
3,868,029
|
17,314,783
|
106,403,096
|
|
Tamara D. Fischer
|
85,277,309
|
3,811,004
|
17,314,783
|
106,403,096
|
|
Bradley J. Gries
|
79,311,289
|
9,777,024
|
17,314,783
|
106,403,096
|
|
Lisa L. Kaufman
|
79,270,310
|
9,818,003
|
17,314,783
|
106,403,096
|
|
Douglas A. Lindgren
|
85,221,692
|
3,866,621
|
17,314,783
|
106,403,096
|
|
Willian E. Sullivan
|
85,155,998
|
3,932,315
|
17,314,783
|
106,403,096
|
|
C. Allan Swaringen
|
85,065,039
|
4,023,274
|
17,314,783
|
106,403,096
|
|
Robin Zeigler
|
85,262,419
|
3,825,894
|
17,314,783
|
106,403,096
|
Proposal 2: Charter Amendments
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Votes For
|
Votes Against
|
Abstentions
|
Broker Non Votes
|
Total
|
|
Clarification of Stockholder Voting Right
|
84,176,701
|
1,103,938
|
3,807,674
|
17,314,783
|
106,403,096
|
|
Stockholder Approval of Mergers and Similar Transactions
|
83,779,682
|
1,376,765
|
3,931,866
|
17,314,783
|
106,403,096
|
|
Limitations on Board Authority to Amend the Charter
|
84,139,297
|
1,290,784
|
3,658,232
|
17,314,783
|
106,403,096
|
Proposal 3: Ratification of KPMG LLP Appointment
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Votes For
|
Votes Against
|
Abstentions
|
Total
|
|
102,259,933
|
946,767
|
3,196,396
|
106,403,096
|
A "broker non vote" occurs when a broker does not vote on a matter on the proxy card because the broker does not have discretionary voting power for that particular matter and has not received voting instructions from the beneficial owner.