Capital Power reports voting results from the 2024 annual meeting of shareholders - Seite 2

2.   Appointment of Auditors:
The appointment of KPMG LLP, Chartered Accountants, to serve as the auditors of the Corporation until the close of the next Annual Meeting of the Shareholders of the Corporation, at remuneration to be fixed by the Directors on the recommendation of the Audit Committee, was approved by a show of hands. Proxies representing 56,571,724 (99.66%) votes for and 190,598 (0.34%) votes withheld were received.

3.   Approach to Executive Compensation:
On an advisory basis and not to diminish the role and responsibility of the board of directors, the approach to executive compensation disclosed in the Corporation’s Management Proxy Circular was approved by a show of hands. Proxies representing 55,387,163 (97.82%) votes for and 1,234,217 (2.18%) votes against were received.

4.   Amendment of Compensation Plan:
The amendment of the Omnibus Long Term Incentive Plan (“the Plan”) to increase the aggregate number of common which may be issued under the Plan from 9,194,506 to 11,194,506 common shares, was authorized and approved as an ordinary resolution by a show of hands. Proxies representing 54,699,224 (96.61%) votes for and 1,922,156 (3.39%) votes against were received.

Territorial Acknowledgement
In the spirit of reconciliation, Capital Power respectfully acknowledges that we operate within the ancestral homelands, traditional and treaty territories of the Indigenous Peoples of Turtle Island, or North America. Capital Power’s head office is located within the traditional and contemporary home of many Indigenous Peoples of the Treaty 6 region and Métis Nation of Alberta Region 4. We acknowledge the diverse Indigenous communities that are located in these areas and whose presence continues to enrich the community.

About Capital Power
Capital Power is a growth-oriented power producer committed to net zero by 2045, with approximately 9,300 MW of power generation at 32 facilities across North America.

We prioritize delivering reliable, affordable and decarbonized power that communities can depend on, building decarbonized power systems needed for tomorrow, and creating real net zero solutions for customers. We are powering change by changing power.  

For more information, please contact:

Media Relations:         Katherine Perron [phone]         [e-mail]

Investor Relations:         Roy Arthur [phone]         [e-mail]