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 |
| Duy-Loan Le | 125,979,546 | 96.47 | 4,604,137 | 3.53 |
| Randy MacEwen | 128,650,412 | 98.52 | 1,933,271 | 1.48 |
| Marty Neese | 128,456,264 | 98.37 | 2,127,419 | 1.63 |
| James Roche | 128,835,707 | 98.66 | 1,747,976 | 1.34 |
| Shaojun (Sherman) Sun | 98,420,556 | 75.37 | 32,163,127 | 24.63 |
| Janet Woodruff | 122,745,293 | 94.00 | 7,838,390 | 6.00 |
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 |
| Executive Compensation | 112,979,427 | 86.52 | 17,0604,256 | 13.48 | 0 | 0 |
| Equity-based Compensation Plans | 96,526,416 | 73.92 | 34,056,468 | 26.08 |
