Polaris Renewable Energy Announces Results of Director Elections at Annual and Special Meeting

Rhea-AI Summary

Polaris Renewable Energy announced the election results for its board of directors at the annual and special meeting held on June 20, 2024, via live video webcast. All six director nominees proposed by management were elected. Each director will hold their position until the next annual meeting or until successors are duly elected or appointed.

The voting results based on proxies received and online ballots are as follows:

Jaime Guillen: 8,886,119 votes for (88.49%), 1,155,306 votes withheld (11.51%)

James V. Lawless: 8,884,873 votes for (88.48%), 1,156,552 votes withheld (11.52%)

Marc Murnaghan: 8,890,436 votes for (88.54%), 1,150,989 votes withheld (11.46%)

Marcela Paredes de Vásquez: 8,878,715 votes for (88.42%), 1,162,710 votes withheld (11.58%)

Catherine Fagnan: 8,865,120 votes for (88.29%), 1,176,305 votes withheld (11.71%)

Adarsh P. Mehta: 8,888,570 votes for (88.52%), 1,152,855 votes withheld (11.48%)

Positive

• All six director nominees were successfully elected.
• High approval ratings for all elected directors, with votes for each exceeding 88%.

Negative

• None.

TORONTO, ON / ACCESSWIRE / June 20, 2024 / Polaris Renewable Energy Inc. (TSX:PIF) ("Polaris" or the "Company"), is pleased to announce that all six director nominees proposed by management were elected as directors of the Company at its annual and special meeting of shareholders held via live video webcast today. Each director will hold office until the close of the next annual meeting of the Company's shareholders or until their successors are duly elected or appointed. The following are the voting results

based on proxies received and a vote by online ballot:

Director	Number of Votes		Percentage of Votes
	Votes For:	Votes Withheld:	Votes For:	Votes Withheld:
Jaime Guillen	8,886,119	1,155,306	88.49%	11.51%
James V. Lawless	8,884,873	1,156,552	88.48%	11.52%
Marc Murnaghan	8,890,436	1,150,989	88.54%	11.46%
Marcela Paredes de Vásquez	8,878,715	1,162,710	88.42%	11.58%
Catherine Fagnan	8,865,120	1,176,305	88.29%	11.71%
Adarsh P. Mehta	8,888,570	1,152,855	88.52%	11.48%

About Polaris Renewable Energy Inc.

Polaris Renewable Energy Inc. (formerly, Polaris Infrastructure Inc.) is a Canadian publicly traded company engaged in the development, construction, acquisition, and operation of renewable energy projects in Latin America.

The Company's operations are in 5 Latin American countries and include a geothermal plant (~82 MW), 3 run-of-river hydroelectric plants (~33 MW), and 3 solar (photovoltaic) projects now in operation (~35 MW).

For more information, contact:

Investor Relations
Polaris Renewable Energy Inc.
Phone: +1 647-245-7199
Email: info@PolarisREI.com

SOURCE: Polaris Renewable Energy Inc.

View the original press release on accesswire.com

FAQ

When did Polaris Renewable Energy announce the results of director elections?

Polaris Renewable Energy announced the results of the director elections on June 20, 2024.

How were the directors of Polaris Renewable Energy elected?

The directors were elected through a live video webcast during the annual and special meeting of shareholders.

What percentage of votes did Jaime Guillen receive in the Polaris Renewable Energy director elections?

Jaime Guillen received 88.49% of votes in favor during the Polaris Renewable Energy director elections.

What was the vote percentage for James V. Lawless in the Polaris Renewable Energy director elections?

James V. Lawless received 88.48% of votes in favor.

Who received 88.54% of the votes in the Polaris Renewable Energy director elections?

Marc Murnaghan received 88.54% of the votes.

What were the election results for Marcela Paredes de Vásquez in Polaris Renewable Energy?

Marcela Paredes de Vásquez received 88.42% votes for and 11.58% votes withheld.

How did Catherine Fagnan fare in the Polaris Renewable Energy director elections?

Catherine Fagnan received 88.29% of votes for and 11.71% of votes withheld.

How many votes did Adarsh P. Mehta receive in the Polaris Renewable Energy director elections?

Adarsh P. Mehta received 8,888,570 votes for (88.52%) and 1,152,855 votes withheld (11.48%).