Service Properties Trust Announces Annual Meeting Results

June 16, 2021

NEWTON, Mass.--(BUSINESS WIRE)-- Service Properties Trust (Nasdaq: SVC) today announced the results of its 2021 Annual Meeting of Shareholders, which was held earlier today, as follows.

Laurie B. Burns was re-elected as an Independent Trustee. The final tabulation of the percentage of shareholders’ votes cast for this Independent Trustee is as follows:

Independent Trustee

 

Percentage of Shares Voted For

Laurie B. Burns

 

76.0%

William A. Lamkin was re-elected as an Independent Trustee. The final tabulation of the percentage of shareholders’ votes cast for this Independent Trustee is as follows:

Independent Trustee

 

Percentage of Shares Voted For

William A. Lamkin

 

65.7%

Shareholders voted to approve executive compensation by means of an advisory vote. The final tabulation of the percentage of shareholders’ votes cast for this proposal is as follows:

Proposal

 

Percentage of Shares Voted For

Approval of Executive Compensation

 

86.0%

Shareholders ratified the appointment of Deloitte & Touche LLP as SVC’s independent auditors for the 2021 fiscal year. The final tabulation of the percentage of shareholders’ votes cast for this proposal is as follows:

Proposal

 

Percentage of Shares Voted For

Ratification of Independent Auditors

 

99.6%

About Service Properties Trust:

Service Properties Trust is a real estate investment trust which owns a diverse portfolio of hotels and net lease service and necessity-based retail properties across the United States and in Puerto Rico and Canada. SVC is managed by the majority owned operating subsidiary of The RMR Group Inc. (Nasdaq: RMR), an alternative asset management company that is headquartered in Newton, Massachusetts.

A Maryland Real Estate Investment Trust with transferable shares of beneficial interest listed on the Nasdaq.
No shareholder, Trustee or officer is personally liable for any act or obligation of the Trust.

Kristin Brown, Director, Investor Relations
(617) 796-8251
https://www.svcreit.com

Source: Service Properties Trust

Cautionary Language

The information appearing on SVC’s website includes statements which constitute forward looking statements. These forward looking statements are based upon SVC’s present intents, beliefs or expectations, but forward looking statements are not guaranteed to occur and may not occur. SVC’s actual results may differ materially from those contained in SVC’s forward looking statements. The information contained in SVC’s filings with the Securities and Exchange Commission, including under “Risk Factors" and “Warnings Concerning Forward Looking Statements” in SVC’s periodic reports and other filings, identifies important factors that could cause SVC’s actual results to differ materially from those stated in SVC’s forward looking statements. SVC’s filings with the SEC are available on the SEC’s website at www.sec.gov and are also accessible on SVC’s website at the following link: SEC Filings. You should not place undue reliance upon forward looking statements.

The documents provided in this archived section are provided for historical purposes only. The information contained in each document is accurate only as of the date each document was originally issued or such earlier date stated in those documents. Except as required by law, Service Properties Trust does not undertake any obligation to update any information contained in these documents. For current information about the company, please refer to our most recent public SEC Filings.

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