---
schema_version: "secwatch.filing_event.v1"
accession: "0001482430-23-000012"
form_type: "8-K"
ticker: "KBSR"
cik: "0001482430"
company_name: "KBS Real Estate Investment Trust III, Inc."
filed_at: "2023-03-10T23:59:59+00:00"
generated_at: "2026-06-18T05:24:35.761008+00:00"
event_type: "other"
sentiment: "neutral"
materiality_score: 0.25
calibrated_materiality_score: 0.15
confidence: "high"
source: SEC EDGAR
---

# KBS REIT III elects six directors, ratifies Ernst & Young as auditor at annual meeting

## Summary
- All six director nominees elected: Charles J. Schreiber Jr., Marc DeLuca, Jeffrey A. Dritley, Stuart A. Gabriel, Robert Milkovich, Ron D. Sturzenegger.
- Approximately 39.5M votes for each director, with about 1.1M against and 2.5M abstentions; 33M broker non-votes.
- Ratification of Ernst & Young as independent auditor for FY 2022: 73.85M for, 0.58M against, 1.70M abstentions.

## SEC filing metadata
- accession: 0001482430-23-000012
- form_type: 8-K
- ticker: KBSR
- cik: 0001482430
- company_name: KBS Real Estate Investment Trust III, Inc.
- filed_at: 2023-03-10T23:59:59+00:00
- event_type: other
- sentiment: neutral
- materiality_score: 0.25
- calibrated_materiality_score: 0.15
- confidence: high
- sec_items: 5.07
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1482430/000148243023000012/0001482430-23-000012-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1482430/000148243023000012/kbsriii-20230309.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001482430-23-000012
- JSON: https://secwatch.observer/filing/0001482430-23-000012.json
- Plain text: https://secwatch.observer/filing/0001482430-23-000012.txt

## Key facts
- Shareholder Votes
  KBS Real Estate Investment Trust III, Inc. shareholders approved Election of six directors to hold office for one-year terms at the 2023-03-09 meeting.
  - Proposal: director election
  - Outcome: passed
  - Meeting: 2023-03-09
  source text: At the Annual Meeting, the Company’s stockholders voted in person or by proxy on (1) the election of six directors to hold office for one-year terms; and (2) the ratification of the appointment of Ernst & Young LLP (“E&Y”) as the Company’s independent registered public accounting firm for the year ending December 31, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1482430/000148243023000012/0001482430-23-000012-index.htm
- Shareholder Votes
  KBS Real Estate Investment Trust III, Inc. shareholders approved Ratification of the appointment of Ernst & Young LLP as the Company's independent registered public accounting firm for the year ending December 31, 2022 at the 2023-03-09 meeting.
  - Proposal: auditor ratification
  - Outcome: passed
  - Meeting: 2023-03-09
  source text: The number of votes cast for and votes cast against, and the number of abstentions with respect to, the ratification of the appointment of E&Y as the Company’s independent registered public accounting firm for the year ending December 31, 2022 were as follows:
  evidence_url: https://www.sec.gov/Archives/edgar/data/1482430/000148243023000012/0001482430-23-000012-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.