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MONTREAL, May 15, 2024 (GLOBE NEWSWIRE) — Boralex Inc. (Boralex or the Company) (TSX: BLX) held its annual assembly of shareholders earlier at present. During the net assembly chaired by Alain Rhéaume, Chairman of the Board, shareholders elected administrators and adopted the resolutions proposed.
Mr. Rhéaume opened the assembly by outlining Boralex’s highlights for the 12 months 2023, a 12 months of robust, disciplined and worthwhile progress regardless of difficult financial circumstances. He highlighted the rise within the Company’s mission portfolio, whereas working property continued to ship excessive returns and elevated diversification when it comes to know-how, buyer base and partnerships. Boralex additionally made substantial strides in company social accountability, together with the adoption of a brand new built-in threat administration framework beneath the direct supervision of the Board of Directors. Finally, Mr. Rhéaume underlined the arrival of Mr. Dominique Minière on the Board at first of 2024.
Election of administrators
All nominees proposed within the Management Proxy Circular dated March 8, 2024, have been elected administrators of Boralex. The outcomes of the vote by poll have been as follows:
Nominee | For | Against | ||
# | % | # | % | |
André Courville | 71,458,609 | 96.85% | 2,323,599 | 3.15% |
Lise Croteau | 71,088,387 | 96.35% | 2,693,821 | 3.65% |
Patrick Decostre | 71,459,070 | 96.85% | 2,323,138 | 3.15% |
Marie-Claude Dumas | 67,842,050 | 91.95% | 5,940,158 | 8.05% |
Marie Giguère | 69,760,832 | 94.55% | 4,021,375 | 5.45% |
Ines Kolmsee | 70,585,450 | 95.67% | 3,196,757 | 4.33% |
Patrick Lemaire | 71,380,991 | 96.75% | 2,401,217 | 3.25% |
Dominique Minière | 72,501,687 | 98.26% | 1,280,521 | 1.74% |
Alain Rhéaume | 70,372,235 | 95.38% | 3,409,973 | 4.62% |
Zin Smati | 70,351,823 | 95.35% | 3,430,384 | 4.65% |
Dany St-Pierre | 70,594,358 | 95.68% | 3,187,849 | 4.32% |
The remaining voting outcomes on all questions submitted to a vote on the Annual Meeting shall be filed with SEDAR+ (www.sedarplus.ca).
About Boralex
At Boralex, we’ve been offering reasonably priced renewable vitality accessible to everybody for over 30 years. As a pacesetter within the Canadian market and France’s largest impartial producer of onshore wind energy, we even have services within the United States and improvement tasks within the United Kingdom. Over the previous 5 years, our put in capability has greater than doubled to over 3 GW. We are growing a portfolio of shut to six,7 GW in wind, photo voltaic and storage tasks, guided by our values and our company social accountability (CSR) method. Through worthwhile and sustainable progress, Boralex is actively taking part within the combat in opposition to world warming. Thanks to our fearlessness, our self-discipline, our experience and our range, we proceed to be an business chief. Boralex’s shares are listed on the Toronto Stock Exchange beneath the ticker image BLX.
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For extra data, go to boralex.com or sedarplus.com. Follow us on Facebook (NASDAQ:), Twitter, LinkedIn and Instagram.
For extra data
MEDIA | INVESTOR RELATIONS |
Camille Laventure Advisor, Public Affairs and External Communications Boralex Inc. 438-883-8580 camille.laventure@boralex.com | Stéphane Milot Vice President, Investor Relations Boralex Inc. 514-213-1045 stephane.milot@boralex.com |
Source: Boralex inc.
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