Press Release: Ballard Power announces results of 2025 Annual General Meeting of Shareholders

Dow Jones
06/05

VANCOUVER, BC, June 5, 2025 /CNW/ - Ballard Power Systems $(BLDP)$ (TSX: BLDP) today announced results of its 2025 Annual General Meeting, which was held on June 4(th) .

All nominees listed in the Management Proxy Circular dated April 7(th) , 2025 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              84,684,573  97.71       1,988,964        2.29 
Michael Chen               84,336,534  97.30       2,337,005        2.70 
Jacqueline Dedo            78,793,325  90.91       7,880,214        9.09 
Douglas P. Hayhurst        78,041,127  90.04       8,632,412        9.96 
Randy MacEwen              84,892,738  97.95       1,780,800        2.05 
Hubertus M. Muehlhaeuser   77,913,248  89.89       8,760,291       10.11 
Marty Neese                84,225,903  97.18       2,447,635        2.82 
James Roche                84,789,591  97.83       1,883,947        2.17 
Yingbo Wang                84,290,998  97.25       2,382,540        2.75 
Janet Woodruff             77,861,876  89.83       8,811,662       10.17 
 

In addition, KPMG LLP, Chartered Accountants, was re-appointed as auditor for the Company, and an advisory vote approved the approach to executive compensation. Details of each of these resolutions are included in the Company's Management Proxy Circular.

 
Item           Votes For   % For  Votes      %         Withheld/   % Withheld/ 
                                   Against    Against   Abstain     Abstain 
Appointment 
 of Auditors   88,666,862  85.24          -         -  15,351,003        14.76 
Executive 
 Compensation  76,971,303  88.81  9,702,236     11.19           -            - 
 

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.

Further Information

Ballard Power Systems:

Sumit Kundu --Investor Relations, +1.604.453.3517 or investors@ballard.com

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SOURCE Ballard Power Systems Inc.

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Copyright CNW Group 2025 
 

(END) Dow Jones Newswires

June 05, 2025 07:30 ET (11:30 GMT)

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