Ballard Announces Results of Annual General Meeting

VANCOUVER and TORONTO, June 7, 2018 /PRNewswire/ - Ballard Power Systems (NASDAQ: BLDP; TSX: BLDP) today announced results of its 2017 Annual General Meeting, which was held yesterday at Vantage Venues, 150 King Street, 27(th) Floor in Toronto, Ontario, Canada.

All nominees listed in the Management Proxy Circular dated April 9(th), 2018 were elected as directors of the Company. Each of the Ballard directors was elected or re-elected by a majority of the votes cast by shareholders present or represented by proxy. Director biographies are available in the Board of Directors section of the Company's website.

     Nominee   Votes For           % For       Votes Withheld           % Withheld
     --------  ---------           -----       --------------           ----------

     Hayhurst           36,641,498       98.54                  543,644            1.46

     Le                 36,733,105       98.78                  452,037            1.22

     MacEwen            36,910,763       98.74                  472,379            1.26

     Neese              35,460,226       95.36                1,724,916            4.64

     Roche              36,635,148       98.52                  549,994            1.48

     Sutcliffe          36,638,773       98.53                  546,379            1.47

     Woodruff           36,791,351       98.94                  393,791            1.06

As planned Ian Bourne, after reaching the director term limit, did not stand for reelection and retired as the non-executive Chair and as a member of the board of directors effective as of the Annual General Meeting. Also as expected, James Roche was subsequently appointed as the new Chair of the Board of Directors.

At the Annual General Meeting, Ballard's CEO provided an update on the business, which can be found at

In addition, KPMG LLP, Chartered Accountants, was appointed as auditor for the Company, an advisory vote approved the approach to executive compensation, and the Company's equity-based compensation plans were approved, as disclosed in the Company's Management Proxy Circular.

    Item           For            % For       Against           % Against       Withheld/ Abstain         % Withheld/ Abstain      Non-Vote
    ----           ---            -----       -------           ---------       -----------------         -------------------      --------

    Appointment of
     Auditors          55,572,981       97.51                 0               0                 1,419,146                     2.49                   0

     Compensation      33,729,844       90.71         3,455,294            9.29                         0                        0          37,251,252

     Compensation      31,452,859       84.58         5,732,278           15.42                         0                        0          37,251,253

Final voting results on all matters voted on at the Annual General Meeting held on June 6(th), 2018 will be filed on SEDAR (

About Ballard Power Systems

Ballard Power Systems (NASDAQ: BLDP; TSX: BLDP) provides clean energy products that reduce customer costs and risks, and helps customers solve difficult technical and business challenges in their fuel cell programs. To learn more about Ballard, please visit

View original content:

SOURCE Ballard Power Systems Inc.