KBS REIT III directors fail to win majority vote, remain hold-over directors

KBS Real Estate Investment Trust III, Inc.

Five director nominees each received fewer than 51% of votes cast; broker non-votes of 32.8M shares counted as against.
Incumbents Schrieber, DeLuca, Gabriel, Milkovich, Sturzenegger will continue as hold-over directors.
Ratification of Ernst & Young as auditor approved with 72.6M for, 1.5M against.
Annual meeting held July 23, 2024; results reflect 32.8M broker non-votes on director election.

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