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Westport Publishes 2022 Annual and Special Meeting Results

Westport Fuel Systems Inc
Westport Fuel Systems Inc

VANCOUVER, British Columbia, April 06, 2023 (GLOBE NEWSWIRE) -- Westport Fuel Systems Inc. (“WFS” or the “Company”) (TSX:WPRT / Nasdaq:WPRT) today held its Annual and Special Meeting of Shareholders (the “Meeting”) in a virtual format. Shareholders approved all resolutions presented at the meeting including the election of all nominated directors, the appointment of KPMG LLP as the Company’s auditors, an advisory Say-on-Pay vote and approval for board discretion to initiate a share consolidation.

A summary of the results are as follows:

Business

Outcome
of Vote

Percentage of
Votes For

Percentage of Votes
Withheld/Against

Election of Directors

 

 

 

Anthony Guglielmin

Approved

90.89%

9.11%

Brenda Eprile

Approved

90.19%

9.81%

Dan Hancock

Approved

90.69%

9.31%

David Johnson

Approved

89.79%

10.21%

Eileen Wheatman

Approved

89.94%

10.06%

Karl-Viktor Schaller

Approved

90.66%

9.34%

Michele Buchignani

Approved

88.35%

11.65%

Philip Hodge

Approved

90.85%

9.15%

Rita Forst

Approved

84.81%

15.19%

 

 

 

 

Appointment of Auditors

Approved

93.67%

6.33%

 

 

 

 

Approval for share consolidation

Approved

85.63%

14.37%

 

 

 

 

Executive Compensation
(Advisory Vote)

Agree

86.99%

13.01%

 

 

 

 

Replay Virtual Meeting

To access a telephone replay please dial 1-800-319-6413 (Canada & USA toll-free) or 1-604-638-9010, and when prompted, enter the access code 9892. The replay will be available until the end of day April 13, 2023.

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About Westport Fuel Systems
At Westport Fuel Systems, we are driving innovation to power a cleaner tomorrow. We are a leading supplier of advanced fuel delivery components and systems for clean, low-carbon fuels such as natural gas, renewable natural gas, propane, and hydrogen to the global transportation industry. Our technology delivers the performance and fuel efficiency required by transportation applications and the environmental benefits that address climate change and urban air quality challenges. Headquartered in Vancouver, Canada, with operations in Europe, Asia, North America, and South America, we serve our customers in more than 70 countries with leading global transportation brands. At Westport Fuel Systems, we think ahead. For more information, visit www.wfsinc.com.

Inquiries:
Investor Relations
T: +1 604-718-2046
E: invest@wfsinc.com