Ballard Power : Announces Results of 2018 Annual General Meeting
June 06, 2019 at 12:58 am EDT
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VANCOUVER, CANADA - Ballard Power Systems (NASDAQ: BLDP; TSX: BLDP) today announced results of its 2018 Annual General Meeting, which was held yesterday at the Company's headquarters in Burnaby, British Columbia, Canada.
All nominees listed in the Management Proxy Circular dated April 8th, 2019 were elected as directors of the Company. Each of the Ballard directors was elected or re-elected by a majority of the votes cast by shareholders present or represented by proxy. Director biographies are available in the Board of Directors section of the Company's website.
Director Nominee
Votes For
% For
Votes Withheld
% Withheld
Douglas P. Hayhurst
75,018,994
99.44
422,484
0.56
Kui (Kevin) Jiang
73,206,309
97.04
2,235,170
2.96
Duy-Loan Le
74,972,046
99.38
469,433
0.62
R. Randall MacEwen
75,021,963
99.44
419,516
0.56
Marty Neese
75,057,064
99.49
384,415
0.51
James Roche
75,078,086
99.52
363,393
0.48
Shaojun (Sherman) Sun
74,141,866
98.28
1,299,613
1.72
Ian Sutcliffe
75,065,692
99.50
375,787
0.50
Janet Woodruff
75,077,089
99.52
364,390
0.48
At the Annual General Meeting, Ballard's CEO provided an update on the business, which can be found at http://ballard.com/investors/presentations-events.
In addition, KPMG LLP, Chartered Accountants, was appointed as auditor for the Company and an advisory vote approved the approach to executive compensation, as disclosed in the Company's Management Proxy Circular.
Item
For
% For
Against
% Against
Withheld/ Abstain
% Withheld/ Abstain
Non-Vote
Appointment of Auditors
107,081,821
96.05
0
0
2,494,256
3.95
0
Executive Compensation
72,564,561
96.18
2,876,918
3.82
0
0
34,134,598
Final voting results on all matters voted on at the Annual General Meeting held on June4th, 2019 will be filed on SEDAR (www.sedar.com).
About Ballard Power Systems
Ballard Power Systems' (NASDAQ: BLDP; TSX: BLDP) vision is to deliver fuel cell power for a sustainable planet. The Company builds fuel cell products that reduce customer costs and risks, and helps customers solve difficult technical challenges or address new business opportunities. To learn more about Ballard, please visit www.ballard.com.
Further Information: Guy McAree +1.604.412.7919, media@ballard.com or investors@ballard.com
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Ballard Power Systems Inc. published this content on 05 June 2019 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 06 June 2019 04:57:02 UTC
Ballard Power Systems Inc. is a proton exchange membrane (PEM) fuel cell power system development and commercialization. The Companyâs principal business is the design, development, manufacture, sale and service of PEM fuel cell products for a variety of applications, focusing on power products for bus, truck, rail, marine, stationary and emerging market (material handling, off-road and other) applications, and the delivery of services, including technology solutions, after sales services and training. It also offers hydrogen fuel cell powertrain integration solutions. Its fuel cell is an environmentally clean electrochemical device that combines hydrogen fuel with oxygen (from the air) to produce electricity. It also has sales, assembly, research and development, certain engineering services and after-sale service facilities in Hobro, Denmark and London, United Kingdom, and has a sale, supply chain, and after-sales service office in Guangzhou, Guangdong Province, China.
BALLARD POWER SYSTEMS INC. 
