Fortis Inc. Shareholders Approve Election of Directors, Appointment of Auditors, Say on Pay and Amendment of Employee Share Purchase Plan
05 Mai 2022 - 8:54PM
Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE: FTS)
announced the voting results from its Annual and Special Meeting of
Shareholders held today. Shareholders voted in favour of all items
of business before the meeting, including: electing the nominated
directors; appointing Deloitte LLP as the Corporation's auditors;
on an advisory basis to accept the Corporation's approach to
executive compensation; and the amendment of the Corporation's
second amended and restated 2012 employee share purchase plan to
increase the share reserve.
Election of Directors
Fortis shareholders elected the following 13
individuals to the Board to serve until the next Annual Meeting of
Shareholders or until their successors are elected or
appointed:
Nominee |
# Votes For |
% Votes For |
# Votes Withheld |
% Votes Withheld |
Tracey C. Ball |
265,928,710 |
99.28 |
1,931,201 |
0.72 |
Pierre J. Blouin |
265,750,372 |
99.21 |
2,109,461 |
0.79 |
Paul J. Bonavia |
265,675,613 |
99.18 |
2,184,298 |
0.82 |
Lawrence T. Borgard |
267,242,225 |
99.77 |
617,687 |
0.23 |
Maura J. Clark |
265,605,461 |
99.16 |
2,254,450 |
0.84 |
Lisa Crutchfield |
266,408,831 |
99.46 |
1,451,081 |
0.54 |
Margarita K. Dilley |
267,222,596 |
99.76 |
637,091 |
0.24 |
Julie A. Dobson |
265,906,217 |
99.27 |
1,947,326 |
0.73 |
Lisa L. Durocher |
265,800,566 |
99.23 |
2,059,345 |
0.77 |
Douglas J. Haughey |
261,130,296 |
97.49 |
6,729,615 |
2.51 |
David G. Hutchens |
267,329,571 |
99.80 |
524,091 |
0.20 |
Gianna M. Manes |
266,405,931 |
99.46 |
1,452,632 |
0.54 |
Jo Mark Zurel |
267,125,556 |
99.73 |
734,055 |
0.27 |
Appointment of Auditors
Shareholders of the Corporation approved the
appointment of Deloitte LLP as the Corporation's auditors to hold
office until the close of the next Annual Meeting of
Shareholders.
# Votes For |
% Votes For |
# Votes Withheld |
% Votes Withheld |
275,474,477 |
99.73 |
745,609 |
0.27 |
Say on Pay
Shareholders approved, on a
non-binding advisory basis, the Corporation's approach to executive
compensation ("Say on Pay").
# Votes For |
% Votes For |
# Votes Against |
% Votes Against |
248,590,139 |
92.81 |
19,269,766 |
7.19 |
Amendment of Employee Share Purchase
Plan
Shareholders approved the amendment of the
Corporation's second amended and restated 2012 employee share
purchase plan to increase the share reserve under the employee
share purchase plan by 3,000,000 common shares.
# Votes For |
% Votes For |
# Votes Against |
% Votes Against |
264,513,143 |
98.75 |
3,346,763 |
1.25 |
About FortisFortis is a
well-diversified leader in the North American regulated electric
and gas utility industry, with 2021 revenue of $9.4 billion and
total assets of $58 billion as at March 31, 2022. The Corporation's
9,100 employees serve utility customers in five Canadian provinces,
nine U.S. states and three Caribbean countries.
Fortis shares are listed on the TSX and NYSE and
trade under the symbol FTS. Additional information can be accessed
at www.fortisinc.com, www.sedar.com,
or www.sec.gov.
A .pdf version of this press release is
available
at: http://ml.globenewswire.com/Resource/Download/d7337680-f315-4cc1-960b-33c3d010e675
For further information
contact
Investor Enquiries:Ms. Stephanie Amaimo Vice President, Investor
RelationsFortis
Inc.248.946.3572investorrelations@fortisinc.com |
Media Enquiries:Ms. Karen McCarthyVice President, Communications
& Corporate AffairsFortis
Inc.709.737.5323media@fortisinc.com |
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