Ballard Power announces results of Annual General Meeting 2024

About this update from Ballard Power Systems Inc.

Ballard Power announces results of Annual General Meeting 2024 /* Style Definitions */ span.prnews_span { font-size:8pt; font-family:"Arial"; color:black; } a.prnews_a { color:blue; } li.prnews_li { font-size:8pt; font-family:"Arial"; color:black; } p.prnews_p { font-size:0.62em; font-family:"Arial"; color:black; margin:0in; } .prngen3{ PADDING-RIGHT:0.17em; PADDING-LEFT:0.17em; VERTICAL-ALIGN: BOTTOM; TEXT-ALIGN: CENTER; BORDER-TOP:black 0.5pt solid; BORDER-RIGHT:black 0.5pt solid; BORDER-BOTTOM:black 0.5pt solid; BORDER-LEFT:black 0.5pt solid } .prngen2{ PADDING-RIGHT:0.17em; PADDING-LEFT:0.17em; VERTICAL-ALIGN: BOTTOM; BORDER-TOP:black 0.5pt solid; BORDER-RIGHT:black 0.5pt solid; BORDER-BOTTOM:black 0.5pt solid; BORDER-LEFT:black 0.5pt solid } .prnml4{ MARGIN-TOP:0em; MARGIN-RIGHT:0em; MARGIN-BOTTOM:0em; MARGIN-LEFT:0.33em !IMPORTANT } .prnbcc{ BORDER-COLLAPSE: COLLAPSE } Canada NewsWire VANCOUVER, BC , June 6, 2024 /CNW/ - Ballard Power Systems (NASDAQ: BLDP) (TSX: BLDP) today announced results of its 2024 Annual General Meeting, which was held on June 5 th . All nominees listed in the Management Proxy Circular dated April 8 th , 2024 were elected as directors of the Company. Each of the Ballard directors was re-elected by a majority of the votes cast by shareholders present or represented by proxy. Director biographies are available in the "Our Leadership" section of the Company's website. Director Nominee Votes For % For Votes Withheld % Withheld Kathy Bayless 83,641,690 97.30 2,324,646 2.70 Michael Chen 84,398,150 98.18 1,568,545 1.82 Jacqueline Dedo 85,007,682 98.88 959,013 1.12 Douglas P. Hayhurst 83,158,374 96.73 2,808,321 3.27 Randy MacEwen 84,938,906 98.80 1,027,789 1.20 Hubertus M. Muehlhaeuser 83,530,914 97.17 2,435,781 2.83 Marty Neese 83,612,516 97.26 2,353,820 2.74 James Roche 84,166,936 97.91 1,799,400 2.09 Yingbo Wang 84,347,019 98.13 1,610,816 1.87 Janet Woodruff 78,651,745 91.49 7,314,591 8.51 In addition, KPMG LLP, Chartered Accountants, was re-appointed as auditor for the Company, an advisory vote approved the approach to executive compensation, and the Corporation's equity-based compensation plans was approved.  Details of each of these resolutions are included in the Company's Management Proxy Circular. Item Votes For % For Votes Against % Against Withheld/ Abstain % Withheld/ Abstain Appointment of Auditors 88,396,940 86.26 - - 14,080,233 13.74 Executive Compensation 76,808,517 80.15 19,027,201 19.85 - - Equity-Based Compensation Plans 69,476,454 80.82 16,490,240 19.18 - - About Ballard Power Systems Ballard Power Systems' (NASDAQ: BLDP; TSX: BLDP) vision is to deliver fuel cell power for a sustainable planet. Ballard zero-emission PEM fuel cells are enabling electrification of mobility, including buses, commercial trucks, trains, marine vessels, and stationary power. To learn more about Ballard, please visit www.ballard.com . This release contains forward-looking statements concerning anticipated product performance and other characteristics, product deliveries and deployments. These forward-looking statements reflect Ballard's current expectations as contemplated under section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Any such forward-looking statements are based on Ballard's assumptions relating to its financial forecasts and expectations regarding its product development efforts, manufacturing capacity, and market demand. These statements involve risks and uncertainties that may cause Ballard's actual results to be materially different, including general economic and regulatory changes, detrimental reliance on third parties, successfully achieving our business plans and achieving and sustaining profitability. For a detailed discussion of these and other risk factors that could affect Ballard's future performance, please refer to Ballard's most recent Annual Information Form. Readers should not place undue reliance on Ballard's forward-looking statements and Ballard assumes no obligation to update or release any revisions to these forward-looking statements, other than as required under applicable legislation. View original content to download multimedia: https://www.prnewswire.com/news-releases/ballard-power-announces-results-of-annual-general-meeting-2024-302166821.html SOURCE Ballard Power Systems Inc. View original content to download multimedia: http://www.newswire.ca/en/releases/archive/June2024/06/c8879.html

View stock analysis, news, and events for Ballard Power Systems Inc.