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Brookfield Renewable Corporation Announces Results of Annual Meeting of Shareholders

Brookfield Renewable Corporation
Brookfield Renewable Corporation

BROOKFIELD, NEWS, June 24, 2024 (GLOBE NEWSWIRE) -- Brookfield Renewable Corporation (the “Corporation”) (TSX, NYSE: BEPC) today announced that all nine nominees proposed for election to the board of directors of the Corporation by holders of class A exchangeable subordinate voting shares (“Exchangeable Shares”) and holders of class B multiple voting shares (“Class B Shares”) were elected at the Corporation’s annual meeting of shareholders held on June 24, 2024 in a virtual meeting format. Detailed results of the vote for the election of directors are set out below.

In accordance with the Corporation’s articles, each Exchangeable Share was entitled to one vote per share, representing a 25% voting interest in the Corporation in the aggregate, and the Class B Shares were entitled to a total of 538,938,909 votes in the aggregate, representing a 75% voting interest in the Corporation.

The following is a summary of the votes cast by holders of Exchangeable Shares and Class B Shares, voting together as a single class, in regard to the election of the ten directors:

Director Nominee

Votes For

%

Votes Withheld

%

Jeffrey Blidner

620,924,428

93.30%

44,576,848

6.70%

Scott Cutler

664,264,509

99.81%

1,236,765

0.19%

Sarah Deasley

664,376,825

99.83%

1,124,450

0.17%

Nancy Dorn

659,992,277

99.17%

5,508,997

0.83%

Eleazar de Carvalho Filho

657,532,159

98.80%

7,969,115

1.20%

Randy MacEwen

664,202,984

99.80%

1,298,290

0.20%

Lou Maroun

659,599,618

99.11%

5,901,658

0.89%

Stephen Westwell

659,917,384

99.16%

5,583,891

0.84%

Patricia Zuccotti

663,777,266

99.74%

1,724,009

0.26%

A summary of all votes cast by holders of the Exchangeable Shares and Class B Shares represented at the Corporation’s annual meeting of shareholders is available on SEDAR+ at www.sedarplus.ca.

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Brookfield Renewable

Brookfield Renewable Partners (NYSE: BEP, BEPC; TSX: BEP.UN, BEPC) is the flagship listed renewable power and transition company of Brookfield Asset Management and operates one of the world’s largest publicly traded platforms for renewable power and sustainable solutions. Our renewable power portfolio consists of hydroelectric, wind, utility-scale solar and distributed energy and storage facilities in North America, South America, Europe and Asia. Our operating capacity totals almost 34,000 megawatts and our development pipeline stands at approximately 157,000 megawatts. Our portfolio of sustainable solutions assets includes our investments in Westinghouse (a leading global nuclear services business) and a utility and independent power producer with operations in the Caribbean and Latin America, as well as both operating assets and a development pipeline of carbon capture and storage capacity, agricultural renewable natural gas and materials recycling.

Brookfield Renewable is the flagship listed renewable power company of Brookfield Corporation, a leading global alternative asset manager with over $925 billion of assets under management.

Contact information:

 

Media:

Investors:

Simon Maine

Alex Jackson

+44 (0) 7398 909 278

+ (416) 649-8172

simon.maine@brookfield.com

alexander.jackson@brookfield.com