Medical Properties Trust Inc. Announces 2025 Annual Meeting Results

Medical Properties Trust Inc., a healthcare real estate investment trust, held its annual meeting of stockholders on May 29, 2025. The company's record date was March 18, 2025, with 601,969,612 shares of common stock outstanding and entitled to vote. A quorum was present, with 381,110,311 shares represented in person or by proxy.

At the annual meeting, the company's stockholders voted on three proposals. The first proposal involved the election of nine directors to the board of directors, who will serve until the next annual meeting in 2026 or until their successors are elected and qualified. Proposal 2 was the ratification of the appointment of PricewaterhouseCoopers LLP as the independent registered public accounting firm for the fiscal year ending December 31, 2025. Proposal 3 was a non-binding, advisory vote on named executive officer compensation.

Key Takeaways:

The election of nine directors to the board of directors was approved by the majority of the stockholders, with 292,624,111 votes in favor and 83,035,907 votes against. There were 5,450,293 abstentions and zero broker non-votes.
The ratification of the appointment of PricewaterhouseCoopers LLP as the independent registered public accounting firm was also approved, with 342,546,199 votes in favor, 37,394,033 votes against, and 1,170,079 abstentions. There were zero broker non-votes.
The non-binding, advisory vote on named executive officer compensation was approved with 357,133,511 votes in favor and 21,842,901 votes against. There were 2,133,899 abstentions.
The final voting results for each proposal were approved, ensuring that the company will continue operations with its current leadership and accounting firm.

Statistics:

There were 601,969,612 shares of common stock outstanding and entitled to vote as of March 18, 2025.
381,110,311 shares were represented in person or by proxy at the annual meeting.
The majority voting threshold for Proposal 1 was 144,627,799 votes, representing 50.1% of the total number of shares outstanding.
292,624,111 votes were cast for and 83,035,907 were against Proposal 1.
342,546,199 votes were cast in favor and 37,394,033 votes were cast against Proposal 2.
357,133,511 votes were cast in favor and 21,842,901 votes were cast against Proposal 3.

Sources:

Medical Properties Trust Inc. Form 8-K filing dated May 29, 2025.