Company: GMRE
Filing Date: 2025-11-14
Form Type: 424B5
Source: 0001104659-25-112543
Chunk: 66

Company: Global Medical REIT Inc.
Filing Date: 2025-11-14
Form: 424B5
Chunk 66
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 “— Conversion Right upon a Change of Control” below for information about conversion of the Series
A Preferred Stock in the event of a change of control of the Company.

Limited Voting Rights. Holders of the Series
A Preferred Stock generally will have no voting rights. However, if we are in arrears on dividends, whether or not authorized or declared,
on the Series A Preferred Stock for six or more quarterly periods, whether or not consecutive, holders of Series A Preferred Stock (voting
as a single class together with the holders of all other classes or series of parity preferred stock upon which like voting rights have
been conferred and are exercisable) will be entitled to elect two additional directors at a special meeting called upon the request of
at least 10% of such holders or at our next annual meeting and at each subsequent annual meeting of stockholders, each additional director
being referred to as a “Preferred Stock Director,” until all unpaid dividends with respect to the Series A Preferred Stock
and such other classes or series of preferred stock with like voting rights have been paid. Each Preferred Stock Director will be elected
by a plurality of the votes cast by the outstanding shares of Series A Preferred Stock and any other series of parity equity shares with
like voting rights, voting together as a single class. Special meetings called in accordance with the provisions described in this paragraph
shall be subject to the procedures in our bylaws, except that we, rather than the holders of Series A Preferred Stock or any other class
or series of parity preferred stock entitled to vote thereon when they have the voting rights described above (voting together as a single
class), will pay all costs and expenses of calling and holding the meeting.

Any Preferred Stock Director may be removed at
any time with or without cause by the vote of, and may not be removed otherwise than by the vote of, the holders of record of a majority
of the outstanding shares of Series A Preferred Stock and all other classes or series of parity preferred stock entitled to vote thereon
when they have the voting rights described above (voting together as a single class). So long as a dividend arrearage continues, any vacancy
in the office of a Preferred Stock Director may be filled by written consent of the Preferred Stock Director remaining in office, or if
none remains in office, by a plurality of the votes cast by the outstanding shares of Series A Preferred Stock when they have the voting
rights described above (voting as a single class with all other classes or series