Company: GMRE
Filing Date: 2025-11-14
Form Type: 424B5
Source: 0001104659-25-112543
Chunk: 99

Company: Global Medical REIT Inc.
Filing Date: 2025-11-14
Form: 424B5
Chunk 99
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 following summary describes certain
provisions of Maryland law and of our charter and bylaws, which are incorporated herein by reference to the Company’s SEC filings,
it is not a complete description of Maryland law and our charter and bylaws. See “Where You Can Find More Information.”

Number of Directors; Vacancies

Our charter and bylaws provide that the number
of directors of our Company will not be less than the minimum number required under the MGCL, which is one, and, unless our bylaws are
amended, not more than fifteen, and the number of directors of our company may be increased or decreased pursuant to our bylaws by a vote
of the majority of our entire board of directors. Our charter provides for an election to be subject to Title 3, Subtitle 8 of the MGCL
and therefore, subject to the rights of holders of one or more classes or series of preferred stock, any vacancy may be filled only by
a majority of the remaining directors, even if the remaining directors do not constitute a quorum, and any director elected to fill a
vacancy will serve for the full term of the directorship in which such vacancy occurred and until a successor is elected and qualifies.

Pursuant to our charter and bylaws, each member
of our board of directors is elected by our stockholders to serve until the next annual meeting of stockholders and until his or her successor
is duly elected and qualifies. Directors are elected by a majority of votes cast; provided, however, that directors are elected
by a plurality of the votes cast at a meeting of stockholders for which our Secretary determines that the number of nominees exceeds the
number of directors to be elected as of the record date for such meeting of stockholders. Holders of shares of our common stock have no
right to cumulative voting in the election of directors, and directors are elected by a majority of all the votes cast in the election
of directors. Consequently, at each annual meeting of stockholders, the holders of a majority of the shares of our common stock will be
able to elect all of our directors. The presence in person or by proxy of stockholders entitled to cast a majority of all the votes entitled
to be cast at a meeting constitutes a quorum.

Removal of Directors

Our charter provides that, subject to the rights
of holders of any series of preferred stock, a director may be removed only for “cause,” and then only by the affirmative
vote of at least two-thirds of the