Brookfield Renewable Corporation Announces Results of Annual Meeting of Shareholders

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Brookfield Renewable Corporation
Brookfield Renewable Corporation

BROOKFIELD, News, June 27, 2023 (GLOBE NEWSWIRE) -- Brookfield Renewable Corporation (the “Corporation”) (TSX, NYSE: BEPC) today announced that all ten 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 27, 2023 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 516,683,727 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

599,841,064

 

93.52

%

41,548,012

 

6.48

%

Scott Cutler

639,548,960

 

99.71

%

1,840,116

 

0.29

%

Sarah Deasley

640,074,188

 

99.79

%

1,314,888

 

0.21

%

Nancy Dorn

638,825,683

 

99.60

%

2,563,393

 

0.40

%

Eleazar de Carvalho Filho

628,432,729

 

97.98

%

12,956,347

 

2.02

%

Randy MacEwen

639,716,886

 

99.74

%

1,672,190

 

0.26

%

David Mann

638,267,315

 

99.51

%

3,121,761

 

0.49

%

Lou Maroun

638,654,895

 

99.57

%

2,734,182

 

0.43

%

Stephen Westwell

639,986,301

 

99.78

%

1,402,775

 

0.22

%

Patricia Zuccotti

639,175,116

 

99.65

%

2,213,960

 

0.35

%


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.sedar.com.

Brookfield Renewable

Brookfield Renewable operates one of the world’s largest publicly traded, pure-play renewable power platforms. Our portfolio consists of hydroelectric, wind, utility-scale solar and storage facilities in North America, South America, Europe and Asia, and totals approximately 31,600 megawatts of installed capacity and a development pipeline including approximately 131,900 megawatts of renewable power assets, 12 million metric tonnes per annum (“MMTPA”) of carbon capture and storage, 2 million tons of recycled material annually, and 4 million metric million British thermal units of renewable natural gas production annually. Investors can access its portfolio either through Brookfield Renewable Partners L.P. (NYSE: BEP; TSX: BEP.UN), a Bermuda-based limited partnership, or Brookfield Renewable Corporation (NYSE, TSX: BEPC), a Canadian corporation.