TransAlta : shareholders approve all resolutions at the Annual and Special Meeting of Shareholders
April 22, 2016 at 05:29 pm EDT
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CALGARY, ALBERTA--(Marketwired - Apr 22, 2016) - TransAlta Corporation ("TransAlta") (TSX:TA) (NYSE:TAC) held its Annual and Special Meeting of Shareholders on April 22, 2016 in Calgary, Alberta. A total of 125,730,698 common shares, representing 43.67% of the shares outstanding, were represented in person and by proxy at the meeting.
The following resolutions were approved by shareholders:
1. Election of Directors
The nine director nominees were elected by a show of hands. Proxies were received as follows:
Nominee
Votes For
Percent
Withheld
Percent
John P. Dielwart
118,187,887
98.00
%
2,412,941
2.00
%
Timothy W. Faithfull
115,338,336
95.64
%
5,262,492
4.36
%
Dawn L. Farrell
116,309,199
96.44
%
4,291,629
3.56
%
Alan J. Fohrer
118,300,587
98.09
%
2,300,241
1.91
%
Gordon D. Giffin
114,788,071
95.18
%
5,812,757
4.82
%
P. Thomas Jenkins
117,831,284
97.70
%
2,769,544
2.30
%
Yakout Mansour
118,134,448
97.95
%
2,466,380
2.05
%
Georgia R. Nelson
117,311,342
97.27
%
3,289,486
2.73
%
Beverlee F. Park
118,098,113
97.92
%
2,502,715
2.08
%
2. Appointment of Auditors
The Appointment of Ernst & Young LLP to serve as the independent auditors for 2016 was approved by a show of hands. Proxies were received as follows:
Votes For
Percent
Withheld
Percent
122,446,551
97.49
%
3,147,252
2.51
%
3. Continuation of Shareholder Rights Plan
The vote on the resolution to continue, ratify, confirm and approve the Shareholder Rights Plan was approved by a show of hands. Proxies were received as follows:
Votes For
Percent
Votes Against
Percent
116,856,816
96.90
%
3,743,514
3.10
%
4. Advisory Vote on Executive Compensation
The non-binding advisory vote to accept TransAlta's approach to executive compensation was conducted by ballot, and approved as follows:
Votes For
Percent
Votes Against
Percent
114,134,648
94.64
%
6,466,180
5.36
%
About TransAlta:
TransAlta is a power generation and wholesale marketing company focused on creating long-term shareholder value. TransAlta maintains a low-to-moderate risk profile by operating a highly contracted portfolio of assets in Canada, the United States and Australia. TransAlta's focus is to efficiently operate wind, hydro, solar, natural gas and coal facilities in order to provide customers with a reliable, low-cost source of power. For over 100 years, TransAlta has been a responsible operator and a proud contributor to the communities in which it works and lives. TransAlta has been recognized on CDP's Canadian Climate Disclosure Leadership Index (CDLI), which includes Canada's top 20 leading companies reporting on climate change, and has been selected by Corporate Knights as one of Canada's Top 50 Best Corporate Citizens and is recognized globally for its leadership on sustainability and corporate responsibility standards by FTSE4Good.
For more information about TransAlta, visit our web site at transalta.com, or follow us on Twitter @TransAlta.
TransAlta Corporation owns, operates, and develops a diverse fleet of electrical power generation assets, utilizing a range of input resources that includes water, wind, solar, natural gas and thermal coal in Canada, the United States and Australia. The Company provides clean power for municipalities, medium and large industries, and utility customers. Its segments include Hydro, Wind & Solar, Gas, Energy Transition, Energy Marketing, and Corporate. The Company has a diversified portfolio of energy assets and its diverse fleet of hydro, wind, solar, natural gas and cogeneration generate about 6.7 gigawatts (GW) of electricity. It delivers renewable energy solutions for large scale commercial partners, including tech companies. It operates a fleet of electrical power generation assets, including Antrim Wind Project, Ardenville Wind Facility, Old Town Wind Project, Pinnacle Project, SunHills Solar Project, Cascade hydro power plant, and Fortescue River Gas Pipeline, among others.
TRANSALTA CORPORATION 
