TransAlta Corporation Announces Results of the Annual and Special Meeting of Shareholders and Election of all Directors
05/04/2021 - 10:17 PM
CALGARY, AB , May 4, 2021 /PRNewswire/ - TransAlta Corporation (TSX: TA) (NYSE: TAC) ("TransAlta" or the "Company") held its virtual Annual and Special Meeting of Shareholders on May 4 , 2021. A total of 185,645,958 common shares, representing 68.79 per cent of the shares outstanding, were represented at the meeting.
The following resolutions were considered by Shareholders:
1. Election of Directors
The twelve director nominees proposed by management were elected. The votes by ballot were received as follows:
Nominee
Votes For
Per cent
Withheld
Per cent
Rona H. Ambrose
182,167,298
99.15%
1,559,128
0.85%
John P. Dielwart
183,271,407
99.77%
422,019
0.23%
Alan J. Fohrer
183,128,587
99.67%
597,839
0.33%
Laura W. Folse
183,225,650
99.73%
500,777
0.27%
Harry A. Goldgut
183,192,620
99.71%
533,807
0.29%
John H. Kousinioris
183,255,261
99.74%
471,166
0.26%
Thomas M. O'Flynn
183,241,641
99.74%
484,786
0.26%
Beverlee F. Park
182,286,776
99.22%
1,439,650
0.78%
Bryan D. Pinney
179,721,863
97.82%
4,004,563
2.18%
James Reid
183,204,466
99.72%
521,960
0.28%
Sandra R. Sharman
182,045,392
99.09%
1,681,035
0.91%
Sarah A. Slusser
183,152,906
99.69%
573,521
0.31%
2. Appointment of Auditors
The appointment of Ernst & Young LLP to serve as the auditors for 2021 was approved. The votes by ballot were received as follows:
Votes For
Per cent
Withheld
Per cent
184,460,228
99.36%
1,185,729
0.64%
3. Advisory Vote on Executive Compensation (also known as "say-on-pay")
The advisory vote on the Company's approach to executive compensation or say-on-pay was approved. The votes by ballot were received as follows:
Votes For
Per cent
Votes Against
Per cent
178,672,096
97.25%
5,054,328
2.75%
4. Approval of 2021 Share Unit Plan
The resolution approving the Company's 2021 Share Unit Plan was approved. The votes by ballot were received as follows:
Votes For
Per cent
Votes Against
Per cent
176,026,586
95.81%
7,699,626
4.19%
5. Amendment to Stock Option Plan
The resolution authorizing the Company to amend its Stock Option Plan was approved. The votes by ballot were received as follows:
Votes For
Per cent
Votes Against
Per cent
177,010,043
96.34%
6,715,382
3.66%
About TransAlta:
TransAlta owns, operates and develops a diverse fleet of electrical power generation assets in Canada , the United States and Australia with a focus on long-term shareholder value. TransAlta provides municipalities, medium and large industries, businesses and utility customers with clean, affordable, energy-efficient and reliable power. Today, TransAlta is one of Canada's largest producers of wind power and Alberta's largest producer of hydroelectric power. For over 100 years, TransAlta has been a responsible operator and a proud community-member where its employees work and live. TransAlta aligns its corporate goals with the UN Sustainable Development Goals and has been recognized by CDP (formerly Climate Disclosure Project) as an industry leader on Climate Change Management, having recently achieved an A- score.
For more information about TransAlta, visit its web site at transalta.com .
http://www.prnewswire.com/news-releases/transalta-corporation-announces-results-of-the-annual-and-special-meeting-of-shareholders-and-election-of-all-directors-301283956.html
SOURCE TransAlta Corporation
TAC Rankings
#3127 Ranked by Stock Gains
TAC Stock Data
Industry
Hydroelectric Power Generation
Sector
Utilities
Tags
Utilities, Electric Utilities, Hydroelectric Power Generation
Country
Canada
City
Calgary
About TAC
at transalta we’re about communities and we’re growing: a new pipeline in australia, new operations in alberta and new transmission projects. this means lots of opportunity for you to grow with us in the communities where we operate. our wind, coal, hydro and gas operations allow transalta to provide millions of people with the electricity they need to power their lives. these diverse fuel sources create a unique portfolio that gives you many opportunities to develop your skills. with over 2000 employees in three countries working with four different types of fuel sources in nearly 70 facilities, there are lots of opportunities for growth with our diverse fuel portfolio. - 92 percent of new grads move on to permanent positions at transalta - 1250 of current transalta employees love it here so much they’ve stayed for over 5 years - 98 per cent of new employees would recommend transalta to a friend or family member transalta careers: jobs.transalta.com view our linkedin par
