Mackenzie Realty Capital Inc.

11/17/2025 | Press release | Distributed by Public on 11/17/2025 14:55

Proxy Results (Form 8-K)

ITEM 5.07
Submission of Matters to a Vote of Security Holders.
On November 17, 2025, MacKenzie Realty Capital, Inc., a Maryland corporation (the "Company"), held its 2025 annual meeting of stockholders (the "Annual Meeting"). Two proposals were on the agenda for the 2025 Annual Meeting: Proposal 1, to elect four directors to hold office until the Company's 2026 Annual Meeting of Stockholders and until their successors are duly elected and qualify; and Proposal 2, to ratify Baker Tilly, LLP as the Company's independent registered public accounting firm for the fiscal year ended June 30, 2026.

With respect to Proposal 1, all nominees standing for election as directors were elected to serve until the 2026 Annual Meeting of Stockholders and until their successors are duly elected and qualify. The voting results for each of the three persons nominated were as follows:

Nominee
Votes For
Votes Withheld
Thomas Frame
791,110
69,211
Timothy Dozois
808,346
51,975
Chip Patterson
816,345
43,976
Kjerstin Hatch
808,267
52,054

No broker non-votes were cast in the election of directors. A total of 860,621 Shares were present at the meeting, or 48.64% of Shares outstanding and eligible to vote, so a quorum was reached. Over 83% of all shares present at the meeting voted for all 4 directors.

With respect to Proposal 2, the stockholders ratified Baker Tilly, LLP as the Company's independent registered public accounting
firm for the fiscal year ended June 30, 2026:

Votes For
Votes Against
Abstentions
801,033
45,309
14,279

No broker non-votes were cast in the ratification of auditors. Thus 93.08% of all shares present at the meeting voted for the ratification of Baker Tilly, LLP as the Company's independent registered public accounting firm.
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