close
close

Hammond Power Solutions Inc. Announces Annual General Meeting Voting Results

Hammond Power Solutions Inc.Hammond Power Solutions Inc.

Hammond Power Solutions Inc.

GUELPH, Ontario, May 09, 2024 (GLOBE NEWSWIRE) — Hammond Power Solutions Inc. (“HPS”) (TSX: HPS.A), a leading manufacturer of dry-type transformers, electrical grade products and related magnetic products , announced today in accordance with the requirements of the Toronto Stock Exchange, the voting results of its annual general meeting held on Thursday, May 9, 2024 in Guelph, Ontario.

Shareholders voted in favor of all matters brought before the meeting, including the appointment of KPMG LLP as external auditor and the election of all nominees for director as follows:

1) ELECTION OF DIRECTORS

MOVEMENTS

NUMBER OF VOTES

PERCENTAGE OF VOTES CASTING

FOR

AGAINST

RETAINED

SPOILED

NO VOTE

FOR

AGAINST

RETAINED

Elect William G. Hammond as director

15,738,147

0

297,522

0

257,028

98.14%

0.00%

1.86%

Elect Grant C. Robinson as Director

15,945,643

0

90,026

0

257,028

99.44%

0.00%

0.56%

Elect Dahra Granovsky as director

15,960,601

0

75,068

0

257,028

99.53%

0.00%

0.47%

Elect Fred M. Jaques as Director

12.947,430

0

3,088,239

0

257,028

80.74%

0.00%

19.26%

Elect J. David M. Wood as Director

15,992,385

0

43,284

0

257,028

99.73%

0.00%

0.27%

Elect Anne Marie Turnbull as director

15,988,082

0

47,587

0

257,028

99.70%

0.00%

0.30%

Elect Christopher Huether as director

15,512,897

0

522,772

0

257,028

96.74%

0.00%

3.26%

Elect Adrian Thomas as director

15,952,708

0

82,961

0

257,028

99.48%

0.00%

0.52%

2) APPOINTMENT OF AUDITORS

MOVEMENTS

NUMBER OF VOTES

PERCENTAGE OF VOTES CASTING

FOR

AGAINST

RETAINED

SPOILED

NO VOTE

FOR

AGAINST

RETAINED

Appointment of auditors

15,814,314

0

477 238

0

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, electrical grade products and related magnetic products. Standard and custom-designed HPS products are essential and ubiquitous in electrical distribution networks across a wide range of end-user applications. The Company has manufacturing facilities in Canada, the United States, Mexico and India and sells its products worldwide. HPS shares are listed on the Toronto Stock Exchange and trade under the symbol HPS.A.

Hammond Power Solutions – Powering Our World

For more information, please contact:

David Feick
Investor Relations (519) 822-2441, ext. 453
[email protected]