05/14/2026 | Press release | Distributed by Public on 05/14/2026 13:53
Item 5.07 Submission of Matters to a Vote of Security Holders.
Franklin Street Properties Corp., a Maryland corporation (the "Company"), held its 2026 Annual Meeting of Stockholders (the "2026 Annual Meeting") on May 14, 2026. The 2026 Annual Meeting was called for the following purposes: (1) to elect five directors, each to serve for a one-year term expiring at the 2027 Annual Meeting of Stockholders and until his or her respective successor is duly elected and qualified, (2) to ratify the Audit Committee's appointment of Ernst & Young LLP as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2026, and (3) to approve, by non-binding vote, the Company's executive compensation.
(1) The following table sets forth the names of the directors elected at the 2026 Annual Meeting for a new one-year term expiring at the 2027 Annual Meeting of Stockholders and the final number of votes cast for, against or abstaining from voting for each director and broker non-votes.
| Name | For | Against | Abstain | Broker Non-Votes | ||||
| George J. Carter | 46,536,170 | 19,626,001 | 29,677 | 18,829,875 | ||||
| Georgia Murray | 45,085,297 | 20,517,242 | 589,309 | 18,829,875 | ||||
| Jennifer Bitterman | 53,262,700 | 12,342,193 | 586,955 | 18,829,875 | ||||
| John N. Burke | 45,368,532 | 20,233,956 | 589,360 | 18,829,875 | ||||
| Dennis J. McGillicuddy | 44,853,685 | 21,318,386 | 19,777 | 18,829,875 |
(2) The proposal to ratify the Audit Committee's appointment of Ernst & Young LLP as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2026 was approved. The final number of votes cast for, against or abstaining from voting on that proposal are listed below.
| For | Against | Abstain | ||
| 66,582,699 | 15,247,083 | 3,191,941 |
(3) The proposal to approve, by non-binding vote, the Company's executive compensation was approved. The final number of votes cast for, against or abstaining from voting on that proposal and broker non-votes are listed below.
| For | Against | Abstain | Broker Non-Votes | |||
| 38,438,867 | 20,811,106 | 6,941,875 | 18,829,875 |