CALGARY, April 20, 2018 /CNW/ - TransAlta Corporation
(TSX: TA; NYSE: TAC) ("TransAlta" or the "Company") held its Annual
and Special Meeting of Shareholders on April
20, 2018 in Calgary,
Alberta. A total of 144,822,873 common shares, representing
50.30% of the shares outstanding were represented in person and by
proxy at the meeting.
The following resolutions were considered by Shareholders:
1.
Election of Directors
The ten director nominees proposed by management were elected by
a show of hands. Proxies were received as follows:
Nominee
|
Votes
For
|
Per
cent
|
Withheld
|
Per
cent
|
Rona H.
Ambrose
|
132,865,050
|
94.55%
|
7,651,794
|
5.45%
|
John P.
Dielwart
|
133,916,520
|
95.30%
|
6,600,324
|
4.70%
|
Timothy W.
Faithfull
|
124,933,383
|
88.91%
|
15,583,461
|
11.09%
|
Dawn L.
Farrell
|
133,862,685
|
95.26%
|
6,654,159
|
4.74%
|
Alan J.
Fohrer
|
133,876,088
|
95.27%
|
6,640,756
|
4.73%
|
Gordon D.
Giffin
|
132,761,866
|
94.48%
|
7,754,978
|
5.52%
|
Yakout
Mansour
|
133,842,136
|
95.25%
|
6,674,708
|
4.75%
|
Georgia R.
Nelson
|
126,143,038
|
89.77%
|
14,373,806
|
10.23%
|
Beverlee F.
Park
|
126,679,805
|
90.15%
|
13,837,039
|
9.85%
|
Bryan D.
Pinney
|
133,904,426
|
95.29%
|
6,612,418
|
4.71%
|
2.
Appointment of Auditors
The appointment of Ernst & Young LLP to serve as the
auditors for 2018 was approved by a show of hands. Proxies
were received as follows:
Votes
For
|
Per
cent
|
Withheld
|
Per
cent
|
141,985,453
|
98.15%
|
2,672,377
|
1.85%
|
3.
Special Resolution on Reduction of Stated Capital
The special resolution on reduction of stated capital was
conducted by ballot and the resolution was approved. The
votes by ballot were received as follows:
Votes
For
|
Per
cent
|
Votes
Against
|
Per
cent
|
138,678,687
|
98.62%
|
1,933,521
|
1.38%
|
4.
Advisory Vote on Executive Compensation
The advisory vote on the Company's approach to executive
compensation was conducted by ballot and the resolution was
approved. The votes by ballot were received as follows:
Votes
For
|
Per
cent
|
Votes
Against
|
Per
cent
|
125,154,694
|
89.01%
|
15,457,514
|
10.99%
|
About TransAlta Corporation:
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. We provide municipalities,
medium and large industries, businesses and utility customers
clean, affordable, energy efficient, and reliable power. Today, we
are one of Canada's largest
producers of wind power and Alberta's largest producer of hydro-electric
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 we have been recognized by
CDP (formerly Climate Disclosure Project) as an industry leader on
Climate Change Management. We are also proud to have achieved
the Silver level PAR (Progressive Aboriginal Relations)
designation by the Canadian Council for Aboriginal
Business.
For more information about TransAlta, visit our web site
at transalta.com.
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SOURCE TransAlta Corporation