Jun 5, 2025   SOURCE: PR NewsWire

Ballard Power announces results of 2025 Annual General Meeting of Shareholders

VANCOUVER, BC, June 5, 2025 /PRNewswire/ - Ballard Power Systems (NASDAQ: BLDP) (TSX: BLDP) today announced results of its 2025 Annual General Meeting, which was held on June 4(th).

All nominees listed in the Management Proxy Circular dated April 7(th), 2025 were elected as directors of the Company. Each of the Ballard directors was re-elected by a majority of the votes cast by shareholders present or represented by proxy. Director biographies are available in the "Our Leadership" section of the Company's website.


     Director Nominee          Votes For % For   Votes
                                                 Withheld   % Withheld



     Kathy Bayless            84,684,573  97.71  1,988,964          2.29



     Michael Chen             84,336,534  97.30  2,337,005          2.70



     Jacqueline Dedo          78,793,325  90.91  7,880,214          9.09



     Douglas P. Hayhurst      78,041,127  90.04  8,632,412          9.96



     Randy MacEwen            84,892,738  97.95  1,780,800          2.05



     Hubertus M. Muehlhaeuser 77,913,248  89.89  8,760,291         10.11



     Marty Neese              84,225,903  97.18  2,447,635          2.82



     James Roche              84,789,591  97.83  1,883,947          2.17



     Yingbo Wang              84,290,998  97.25  2,382,540          2.75



     Janet Woodruff           77,861,876  89.83  8,811,662         10.17

In addition, KPMG LLP, Chartered Accountants, was re-appointed as auditor for the Company, and an advisory vote approved the approach to executive compensation. Details of each of these resolutions are included in the Company's Management Proxy Circular.


     Item
                                                                                      Withheld/
                      Votes For % For        Votes           %        Withheld/           %
                                       Against       Against      Abstain         Abstain


      Appointment of
       Auditors      88,666,862  85.24                                 15,351,003            14.76


      Executive
       Compensation  76,971,303  88.81     9,702,236        11.19

About Ballard Power Systems

Ballard Power Systems' (NASDAQ: BLDP; TSX: BLDP) vision is to deliver fuel cell power for a sustainable planet. Ballard zero-emission PEM fuel cells are enabling electrification of mobility, including buses, commercial trucks, trains, marine vessels, and stationary power. To learn more about Ballard, please visit www.ballard.com.

Further Information

Ballard Power Systems:
Sumit Kundu -Investor Relations, +1.604.453.3517 or investors@ballard.com

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SOURCE Ballard Power Systems Inc.