- TransAlta Corporation (TSX: TA) (NYSE: TAC) conducted its 2025 Annual and Special Meeting with 63.43% shareholder representation.
- All eleven director nominees were elected, with most receiving over 98% support except Thomas M. O'Flynn, who received 91.13%.
- Ernst & Young LLP appointed as 2025 auditors with 96.74% approval; executive compensation received 98.90% support.
TransAlta Corporation (TSX: TA) (NYSE: TAC) successfully conducted its 2025 Annual and Special Meeting of Shareholders on April 24, with a significant representation of 63.43% of outstanding common shares. The meeting saw all eleven director nominees elected, demonstrating robust shareholder confidence with approval ratings exceeding 98% for most nominees. Notably, Thomas M. O'Flynn received the lowest approval at 91.13%.
In addition to the director elections, shareholders approved the appointment of Ernst & Young LLP as auditors for 2025, reflecting a 96.74% approval rate. The meeting also resulted in a strong endorsement of TransAlta's executive compensation approach, securing a 98.90% approval in the advisory "say-on-pay" vote.
Moreover, TransAlta’s continuation of the Amended and Restated Shareholder Rights Plan received solid support, with 97.44% of votes cast in favor. These outcomes underscore the shareholders' confidence in the company's governance and strategic direction.
