A&W REVENUE ROYALTIES INCOME FUND ANNOUNCES VOTING RESULTS FROM THE ANNUAL GENERAL MEETING

A&W REVENUE ROYALTIES INCOME FUND ANNOUNCES VOTING RESULTS FROM THE ANNUAL GENERAL MEETING

Canada NewsWire

VANCOUVER, BC, May 2, 2023

VANCOUVER, BC, May 2, 2023 /CNW/ - A&W Revenue Royalties Income Fund (the Fund)

TRADING SYMBOL: (TSX: AW.UN)

Voting Results
The following are the voting results from the annual general meeting of Unitholders of the Fund held on May 2, 2023.

Appointment of Trustees
Mr. Kevin Mahoney, Ms. Fern Glowinsky, and Mr. Andrew W. Dunn were appointed as Trustees for a term expiring at the close of the next annual general meeting of Unitholders.

The appointment of Trustees was conducted by show of hands of Unitholders and proxyholders present at the meeting. In accordance with the requirements of the Toronto Stock Exchange, the following table reflects the votes represented by proxy that would have been voted for and withheld from each Trustee nominee had a ballot been called, as a percentage of votes represented at the meeting by proxy:

Nominee	Votes Represented at the Meeting by Proxy	Votes For by Proxy	% For by Proxy	Votes Withheld by Proxy	% Withheld by Proxy
Fern Glowinsky	4,695,768	4,192,851	89.29 %	502,917	10.71 %
Kevin Mahoney	4,695,768	4,194,475	89.32 %	501,293	10.68 %
Andrew W. Dunn	4,695,768	4,190,160	89.23 %	505,608	10.77 %

Appointment of Auditors
PricewaterhouseCoopers LLP was re-appointed as auditor of the Fund and the Trustees are authorized to fix the remuneration to be paid to the auditor.

About the Fund
Launched on February 15, 2002, the Fund, through its investment in A&W Trade Marks Inc., is entitled to receive royalties from A&W Food Services of Canada Inc. in the amount of 3% of the sales of the 1,037 A&W restaurants in the Royalty Pool. Cash distributions are paid monthly. A&W is the second largest quick-service hamburger restaurant chain in Canada. Operating coast-to-coast, A&W restaurants feature famous trade-marked menu items such as The Burger Family ^®, Chubby Chicken^® and A&W Root Beer^®.

Additional information relating to the Fund is on SEDAR at www.sedar.com and on the Fund's website at www.awincomefund.ca.

SOURCE A&W Revenue Royalties Income Fund

View original content: http://www.newswire.ca/en/releases/archive/May2023/02/c0767.html

Copyright CNW Group 2023

Disclaimer :: Use of this site is subject to, and your continued use constitutes your express agreement to be bound by, our Legal and Terms of Use. Any commercial use of this site is strictly prohibited. Insidertracking.com is operated by INK Research Corp (INK). INK provides general information. INK has made all reasonable efforts to ensure that all information provided is accurate at the time of inclusion; however, there may be errors. INK makes no guarantee of accuracy or completeness. All information and opinion expressed herein is subject to change without notice. Insider information is based on filings made either on EDGAR® or on the System for Electronic Disclosure for Insiders (SEDI®). Data is provided “as is” and by using this site you acknowledge that the information which comprises the data is filed by or on behalf of the SEDI filers or other parties legally required or permitted to do so. Filings may at any time contain errors and by using this site you acknowledge this fact. INK is not an investment advisory service, a financial planner, an investment advisor nor a securities advisor. INK does not purport to tell people, or suggest to people, what they should buy or sell for themselves. Opinions and recommendations contained herein should not be construed as investment advice. Do not assume that any recommendations, insights, charts, theories, or philosophies will ensure profitable investment. Users should always consult with and obtain advice from their professional licensed financial advisor, including their tax advisor, to determine the suitability of any investment. INK recommends that anyone making an investment or trading securities do so with caution. Users should perform full due diligence and investigate any security fully before making an investment or before the execution of a security trade based upon information learned through INK. Investors should obtain annual reports and other company information to complete their own due diligence in any investment. Neither INK nor anyone affiliated with INK is responsible for any investment decision made. INK employees may have an ownership or investment interest in any stock mentioned in this service or on this website. On this site, there may be third party content, content from authors or links to third-party sites or pages, the contents of which are not verified, maintained, controlled or supervised by INK. INK is not responsible for and assumes no liability for the accuracy, completeness or timeliness of any third party content or authored content provided herein or the information or contents of any linked sites or pages. The inclusion of any authored content or link by us does not imply that INK recommends, approves or endorses the authored content or linked site or pages. INK Edge® and INK Research® are registered trade-marks owned by INK Research Corp. SEDI® is a registered trade-mark owned by the Alberta Securities Commission. Copyright © 2024 INK Research Corp. All rights reserved.

Please make the indicated changes including the new text: US quotes snapshot data provided by IEX. Additional price data and company information powered by Twelve Data.