Brookfield Renewable Corporation Announces Results of Annual Meeting of Shareholders

Rhea-AI Summary

Brookfield Renewable Corporation (BEPC) held its annual meeting of shareholders on June 16, 2025, where all eight nominated directors were successfully elected to the board. The voting was conducted by holders of class A exchangeable subordinate voting shares (25% voting interest) and class B multiple voting shares (75% voting interest). All nominees received strong approval, with most securing over 98% of votes in favor. Patricia Zuccotti received the highest approval at 99.79%, while Jeffrey Blidner received 91.31% of votes. Ernst & Young LLP was re-appointed as the corporation's external auditor. Brookfield Renewable operates a major renewable power platform with assets in hydroelectric, wind, solar, storage, and sustainable solutions including nuclear services and carbon capture investments. The company is part of Brookfield Asset Management, which manages over $1 trillion in assets.

BROOKFIELD, NEWS, June 16, 2025 (GLOBE NEWSWIRE) -- Brookfield Renewable Corporation (the “Corporation”) (TSX, NYSE: BEPC) today announced that all eight nominees proposed for election to the board of directors of the Corporation by holders of class A exchangeable subordinate voting shares (“Exchangeable Shares”) and holders of class B multiple voting shares (“Class B Shares”) were elected at the Corporation’s annual meeting of shareholders held on June 16, 2025 in a virtual meeting format and that Ernst & Young LLP have been re-appointed as the corporation’s external auditor. Detailed results of the vote for the election of directors are set out below.

In accordance with the Corporation’s articles, each Exchangeable Share was entitled to one vote per share, representing a 25% voting interest in the Corporation in the aggregate, and the Class B Shares were entitled to a total of 434,657,409 votes in the aggregate, representing a 75% voting interest in the Corporation.

The following is a summary of the votes cast by holders of Exchangeable Shares and Class B Shares, voting together as a single class, in regard to the election of the eight directors:

Director Nominee	Votes For		%	Votes Withheld		%
Jeffrey Blidner	482,820,764	91.31	%	45,962,036	8.69	%
Sarah Deasley	527,800,142	99.81	%	982,659	0.19	%
Nancy Dorn	520,643,761	98.46	%	8,139,040	1.54	%
Eleazar de Carvalho Filho	527,545,478	99.77	%	1,237,321	0.23	%
Randy MacEwen	527,645,430	99.78	%	1,137,371	0.22	%
Lou Maroun	515,462,819	97.48	%	13,319,981	2.52	%
Stephen Westwell	520,624,339	98.46	%	8,158,461	1.54	%
Patricia Zuccotti	527,675,815	99.79	%	1,106,986	0.21	%

A summary of all votes cast by holders of the Exchangeable Shares and Class B Shares represented at the Corporation’s annual meeting of shareholders is available on SEDAR+ at www.sedarplus.ca.

Brookfield Renewable

Brookfield Renewable operates one of the world’s largest publicly traded platforms for renewable power and sustainable solutions. Our renewable power portfolio consists of hydroelectric, wind, utility-scale solar and storage facilities and our sustainable solutions assets include our investment in a leading global nuclear services business and a portfolio of investments in carbon capture and storage capacity, agricultural renewable natural gas, materials recycling and eFuels manufacturing capacity, among others.

Investors can access the portfolio either through Brookfield Renewable Partners L.P. (NYSE: BEP; TSX: BEP.UN), a Bermuda-based limited partnership, or Brookfield Renewable Corporation (NYSE, TSX: BEPC), a Canadian corporation.

Brookfield Renewable is the flagship listed renewable power and transition company of Brookfield Asset Management, a leading global alternative asset manager headquartered in New York, with over $1 trillion of assets under management.

Contact information:
Media:	Investors:
Simon Maine	Alex Jackson
+44 7398 909 278	+1 (416) 649-8172
simon.maine@brookfield.com	alexander.jackson@brookfield.com

FAQ

Who are the newly elected board members of Brookfield Renewable Corporation (BEPC)?

The eight elected directors are Jeffrey Blidner, Sarah Deasley, Nancy Dorn, Eleazar de Carvalho Filho, Randy MacEwen, Lou Maroun, Stephen Westwell, and Patricia Zuccotti.

What was the voting structure for BEPC's 2025 annual shareholder meeting?

The voting structure consisted of class A exchangeable subordinate voting shares with 25% voting interest and class B multiple voting shares with 75% voting interest, voting together as a single class.

Which BEPC director received the highest shareholder approval in the 2025 election?

Patricia Zuccotti received the highest approval rate with 99.79% of votes in favor.

What is Brookfield Renewable's (BEPC) current business portfolio?

Brookfield Renewable operates a renewable power portfolio including hydroelectric, wind, utility-scale solar, storage facilities, nuclear services, carbon capture, agricultural renewable natural gas, materials recycling, and eFuels manufacturing capacity.