CALGARY, April 21, 2020 /CNW/ - TransAlta Corporation
(TSX: TA) (NYSE: TAC) ("TransAlta" or the "Company") held its
virtual Annual and Special Meeting of Shareholders on April 21, 2020. A total of
170,787,738 common shares, representing 61.64 per cent of the
shares outstanding were represented in person and by proxy at the
meeting.
The following resolutions were considered by Shareholders:
- 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
|
161,396,937
|
99.29
|
1,149,763
|
0.71
|
John P.
Dielwart
|
159,572,935
|
98.17
|
2,973,765
|
1.83
|
Dawn L.
Farrell
|
161,944,487
|
99.63
|
602,213
|
0.37
|
Robert C.
Flexon
|
161,999,064
|
99.66
|
547,636
|
0.34
|
Alan J.
Fohrer
|
161,364,944
|
99.27
|
1,181,756
|
0.73
|
Harry
Goldgut
|
162,091,002
|
99.72
|
455,698
|
0.28
|
Richard
Legault
|
162,090,995
|
99.72
|
458,705
|
0.28
|
Yakout
Mansour
|
161,992,213
|
99.66
|
554,487
|
0.34
|
Georgia R.
Nelson
|
160,848,072
|
98.95
|
1,698,628
|
1.05
|
Beverlee F.
Park
|
161,330,347
|
99.25
|
1,216,353
|
0.75
|
Bryan D.
Pinney
|
160,934,046
|
99.01
|
1,612,654
|
0.99
|
Sandra R.
Sharman
|
162,016,245
|
99.67
|
530,455
|
0.33
|
- Appointment of Auditors
The appointment of Ernst & Young LLP to serve as the auditors
for 2020 was approved. The votes by ballot were received as
follows:
Votes
For
|
Per
cent
|
Withheld
|
Per
cent
|
168,957,493
|
98.93
|
1,830,247
|
1.07
|
- Advisory Vote on Executive
Compensation
The advisory vote on the Company's approach to executive
compensation was approved. The votes by ballot were received
as follows:
Votes
For
|
Per
cent
|
Votes
Against
|
Per
cent
|
160,519,556
|
98.75
|
2,027,143
|
1.25
|
- Amendment and Restatement of By-law No. 1
The resolution authorizing the Corporation to amend and restate its
Amended and Restated By-law No. 1 was approved. The
votes by ballot were received as follows:
Votes
For
|
Per
cent
|
Votes
Against
|
Per
cent
|
161,733,500
|
99.50
|
813,198
|
0.50
|
- Amendment and Restatement of By-law No. 2
The resolution authorizing the Corporation to amend and restate its
Advance Notice By-law No. 2 was approved. The votes by
ballot were received as follows:
Votes
For
|
Per
cent
|
Votes
Against
|
Per
cent
|
161,918,877
|
99.61
|
627,882
|
0.39
|
- Amendment to Stock Option Plan
The resolution authorizing the Corporation to amend its
Stock Option Plan was approved. The votes by ballot were
received as follows:
Votes
For
|
Per
cent
|
Votes
Against
|
Per
cent
|
154,328,099
|
94.94
|
8,218,600
|
5.06
|
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. TransAlta is 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 its web site at
transalta.com.
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content:http://www.prnewswire.com/news-releases/transalta-corporation-announces-results-of-the-annual-and-special-meeting-of-shareholders-and-election-of-all-directors-301044814.html
SOURCE TransAlta Corporation