VANCOUVER, CANADA – Ballard Power Systems (NASDAQ: BLDP; TSX: BLDP) today announced results of its 2021 Annual General Meeting, which was held yesterday as a virtual event.
All nominees listed in the Management Proxy Circular dated April 12th, 2021 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|
|Douglas P. Hayhurst||124,078,002||95.02||6,505,681||4.98|
|Kui (Kevin) Jiang||86,229,791||66.03||44,353,892||33.97|
|Shaojun (Sherman) Sun||98,420,556||75.37||32,163,127||24.63|
In addition, KPMG LLP, Chartered Accountants, was appointed as auditor for the Company, an advisory vote approved the approach to executive compensation, and equity-based compensation plans were approved, as disclosed in the Company’s Management Proxy Circular.
|Item||For||% For||Against||% Against||Withheld/ Abstain||% Withheld/ Abstain|
|Appointment of Auditors||138,230,488||92.67||0||0||10,929918||7.33|
|Equity-based Compensation Plans||96,526,416||73.92||34,056,468||26.08|