VANCOUVER, British Columbia, May 05, 2022 (GLOBE NEWSWIRE) — Westport Fuel Systems Inc. (“
WFS
” or the “
Company
”) (TSX:WPRT / Nasdaq:WPRT) today held its Annual and Special Meeting of Shareholders (the “
Meeting
”) in a virtual format. Shareholders approved all resolutions presented at the meeting including the election of all nominated directors, the appointment of KPMG LLP as the Company’s auditors, an advisory Say-on-Pay vote and amendments to Corporation By-Laws.
A summary of the results are as follows:
|
Business |
Outcome of Vote |
Percentage of Votes For |
Percentage of Votes Withheld/Against |
| Election of Directors | |||
|
Anthony Guglielmin |
Approved |
94.89% |
5.11% |
| Brenda Eprile | Approved | 94.78% | 5.22% |
| Dan Hancock | Approved | 94.75% | 5.25% |
| David Johnson | Approved | 94.42% | 5.58% |
| Eileen Wheatman | Approved | 94.80% | 5.20% |
| Karl-Viktor Schaller | Approved | 94.89% | 5.11% |
|
Michele Buchignani |
Approved |
94.43% |
5.57% |
| Philip Hodge | Approved | 94.54% | 5.46% |
| Rita Forst | Approved | 93.53% | 6.47% |
| Amendments to Corporation By-Laws | Approved | 95.24% | 4.76% |
|
Appointment of Auditors |
Approved |
98.65% |
1.35% |
|
Executive Compensation
(Advisory Vote) |
Agree | 88.46% | 11.54% |
Replay Virtual Meeting & Webcast
To access a telephone replay of the virtual ASM please dial 1-800-319-6413 (Canada & USA toll-free) or +1-604-638-9010, and when prompted, enter the access code 8450. The replay will be available until the end of day May 12, 2022. Shortly after the meeting, the webcast archive will be available for viewing through the Westport Fuel Systems website. A downloadable MP3 file will also be available.
About Westport Fuel Systems
Westport Fuel Systems is driving innovation to power a cleaner tomorrow. The Company is a leading supplier of advanced fuel delivery components and systems for clean, low-carbon fuels such as natural gas, renewable natural gas, propane, and hydrogen to the global automotive industry. Westport Fuel Systems’ technology delivers the performance and fuel efficiency required by transportation applications and the environmental benefits that address climate change and urban air quality challenges. Headquartered in Vancouver, Canada, with operations in Europe, Asia, North America and South America, the Company serves customers in more than 70 countries with leading global transportation brands. For more information, visit www.wfsinc.com.
Investor Inquiries:
Christian Tweedy
Investor Relations
T:
+1 604-718-2046
E:
[email protected]
