Ballard Announces Results of Annual General Meeting

VANCOUVER, June 8, 2017 /CNW/ -  Ballard Power Systems (NASDAQ: BLDP; TSX: BLDP) today announced results of its 2017 Annual General Meeting, which was held yesterday at the Company's headquarters facility in Burnaby, British Columbia.

All nominees listed in the Management Proxy Circular dated April 18, 2017 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 Corporate Leadership section of the Company's website.

Director Nominee

Votes For

% For

Votes Withheld

% Withheld

Ian A. Bourne

41,275,156

98.39

675,968

1.61

Douglas P. Hayhurst

41,462,289

98.83

488,835

1.17

Duy-Loan Le

41,441,932

98.79

509,192

1.21

R. Randall MacEwen

41,483,115

98.88

468,009

1.12

Marty Neese

41,472,067

98.86

479,057

1.14

James Roche

41,372,439

98.62

578,685

1.38

Ian Sutcliffe

41,339,043

98.54

612,081

1.46

Janet Woodruff

41,523,130

98.98

427,994

1.02

 

At the Annual General Meeting, Ballard's CEO provided an update on the business, which can be found at www.ballard.com/investors/presentations-events.

In addition, KPMG LLC Chartered Accountants was appointed as auditor for the Company and an advisory vote approved the approach to executive compensation disclosed in the Company's Management Proxy Circular.

Item

For

% For

Against

%Against

Withheld/
Abstain

%Withheld/
Abstain

Non-Vote

Appointment of
Auditors

75,099,051

98.69

0

0

997,909

1.31

0

Executive
Compensation

40,950,461

97.61

1,000,661

2.31

0

0

34,145,835

 

Final voting results on all matters voted on at the Annual General Meeting held on June 7, 2017 will be filed on SEDAR (www.sedar.com).  

About Ballard Power Systems
Ballard Power Systems (NASDAQ: BLDP; TSX: BLDP) provides clean energy products that reduce customer costs and risks, and helps customers solve difficult technical and business challenges in their fuel cell programs. To learn more about Ballard, please visit www.ballard.com.

SOURCE Ballard Power Systems Inc.

For further information: Guy McAree +1.604.412.7919, media@ballard.com or investors@ballard.com

RELATED LINKS
http://www.ballard.com

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