Hammond Power Solutions Inc. Announces Voting Results of Annual General Meeting

/EIN News/ -- GUELPH, Ontario, May 09, 2024 (GLOBE NEWSWIRE) -- Hammond Power Solutions Inc. (“HPS”) (TSX: HPS.A) a leading manufacturer of dry-type transformers, power quality products and related magnetics, today announced in accordance with the Toronto Stock Exchange requirements, the voting results from its Annual General Meeting held Thursday, May 9, 2024 in Guelph, Ontario.

Shareholders voted in favour of all items of business put forth at the meeting, including the appointment of KPMG LLP as its outside auditors and the election of all Director Nominees as follows:

1)   ELECTION OF DIRECTORS

MOTIONS	NUMBER OF VOTES					PERCENTAGE OF VOTES CAST
	FOR	AGAINST	WITHHELD	SPOILED	NON VOTE	FOR	AGAINST	WITHHELD
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

MOTIONS	NUMBER OF VOTES					PERCENTAGE OF VOTES CAST
	FOR	AGAINST	WITHHELD	SPOILED	NON VOTE	FOR	AGAINST	WITHHELD
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, power quality products and related magnetics. HPS’ standard and custom-designed products are essential and ubiquitous in electrical distribution networks through an extensive range of end-user applications. The Company has manufacturing plants in Canada, the United States (U.S.), Mexico and India and sells its products around the globe. HPS shares are listed on the Toronto Stock Exchange and trade under the symbol HPS.A.

Hammond Power Solutions – Energizing Our World

For further information, please contact:

David Feick
Investor Relations (519) 822-2441 x453              
ir@hammondpowersolutions.com