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.
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SOURCE TransAlta Corporation