Hammond Power Solutions Inc. Announces Voting Results of Annual General Meeting
GUELPH, Ontario, May 09, 2024 (GLOBE NEWSWIRE) -- Hammond Power Solutions Inc. (“HPS”) (TSX: HPS.A) a leading manufacturer of dry-type transformers, power quality products and related magnetics, today announced in accordance with the Toronto Stock Exchange requirements, the voting results from its Annual General Meeting held Thursday, May 9, 2024 in Guelph, Ontario.Shareholders voted in favour of all items of business put forth at the meeting, including the appointment of KPMG LLP as its outside auditors and the election of all Director Nominees as follows:
1) *ELECTION OF DIRECTORS**MOTIONS*
*NUMBER* *OF* *VOTES* *PERCENTAGE* *OF* *VOTES* *CAST*
*FOR* *AGAINST* *WITHHELD* *SPOILED* *NON* *VOTE* *FOR* *AGAINST* *WITHHELD*
Elect William G. Hammond as Director 15,738,147 297,522 257,028 98.14% 0.00% 1.86%
Elect Grant C. Robinson as Director 15,945,643 90,026 257,028 99.44% 0.00% 0.56%
Elect Dahra Granovsky as Director 15,960,601 75,068 257,028 99.53% 0.00% 0.47%
Elect Fred M. Jaques as Director 12.,947,430 3,088,239 257,028 80.74% 0.00% 19.26%
Elect J. David M. Wood as Director 15,992,385 43,284 257,028 99.73% 0.00% 0.27%
Elect Anne Marie Turnbull as Director 15,988,082 47,587 257,028 99.70% 0.00% 0.30%
Elect Christopher Huether as Director 15,512,897 522,772 257,028 96.74%
0.00% 3.26%
Elect Adrian Thomas as Director 15,952,708 82,961 257,028 99.48% 0.00% 0.52%
2) *APPOINTMENT OF AUDITORS*
*MOTIONS*
*NUMBER* *OF* *VOTES* *PERCENTAGE* *OF* *VOTES* *CAST*
*FOR* *AGAINST* *WITHHELD* *SPOILED* *NON* *VOTE* *FOR* *AGAINST* *WITHHELD*
Appointment of Auditors 15,814,314 477,238 1,145 97.07% 0.00% 2.93%
*the number of votes disclosed reflects all proxies received by management in connection with the meeting.
*ABOUT HAMMOND POWER SOLUTIONS INC.*
Hammond Power Solutions Inc. (TSX: HPS.A) enables electrification through its broad range of dry-type transformers, power quality products and related magnetics. HPS’ standard and custom-designed products are essential and ubiquitous in electrical distribution networks through an extensive range of end-user applications. The Company has manufacturing plants in Canada, the United States (U.S.), Mexico and India and sells its products around the globe. HPS shares are listed on the Toronto Stock Exchange and trade under the symbol HPS.A.
Hammond Power Solutions – Energizing Our World
For further information, please contact:
David Feick
Investor Relations (519) 822-2441 x453
ir@hammondpowersolutions.com