Mr. Rhéaume praised Boralex's management team and employees for their efforts, the quality of their work and their ability to adapt in the complex environment of the COVID-19 pandemic. He also highlighted the integration of Boralex's new corporate social responsibility (CSR) strategy into its strategic directions.
Highlights of the President and CEO and Vice President and CFO's speeches
Election of directors
All nominees proposed in the Management Proxy Circular dated
Nominee | For | Withheld | ||
# | % | # | % | |
André Courville | 69,624,174 | 99.66% | 239,321 | 0.34% |
Lise Croteau | 68,872,632 | 98.58% | 990,863 | 1.42% |
69,780,638 | 99.88% | 82,857 | 0.12% | |
Ghyslain Deschamps | 69,847,307 | 99.98% | 16,188 | 0.02% |
Marie-Claude Dumas | 69,397,444 | 99.33% | 466,051 | 0.67% |
Marie Giguère | 69,409,883 | 99.35% | 453,612 | 0.65% |
Edward H. Kernaghan | 42,971,105 | 61.51% | 26,892,390 | 38.49% |
69,741,674 | 99.83% | 121,821 | 0.17% | |
Alain Rhéaume | 69,698,548 | 99.76% | 164,947 | 0.24% |
69,667,839 | 99.72% | 195,656 | 0.28% | |
69,631,138 | 99.67% | 232,357 | 0.33% |
The final voting results on all questions submitted to a vote at the Annual Meeting will be filed with SEDAR (www.sedar.com).
About Boralex
Boralex develops, builds and operates renewable energy power facilities in
More information is available at www.boralex.com or www.sedar.com. Follow us on Facebook, LinkedIn and Twitter.
Caution regarding forward-looking statements
Some of the statements contained in this press release, including those regarding future results and performance, the strategic plan, business model and the Corporation's growth strategy, financial objectives and renewable energy production projects in the portfolio or on the Corporation's Growth Path, are forward-looking statements based on current expectations, within the meaning of securities legislation.
The forward-looking statements are based on material assumptions, including the following: assumptions about the performance the Corporation will obtain from its projects, based on management's estimates and expectations with respect to factors related to wind and other factors; opportunities that may arise in the various sectors targeted for growth or diversification; assumptions made about EBITDA(A) margins; assumptions made about the situation in the sector and the economic situation in general, competition and the availability of financing and partners. Although the Corporation believes that these factors and assumptions are reasonable based on the information currently available, they may prove to be inaccurate.
Boralex would like to point out that, by their very nature, forward-looking statements involve risks and uncertainties such that its results or the measure it adopts could differ materially from those indicated by or underlying these statements or could have an impact on the degree of realization of a particular forward-looking statement.
The main factors that could lead to a material difference between the Corporation's actual results and the forward-looking financial information or expectations set forth in the forward-looking statements include the general impact of economic conditions, currency fluctuations, volatility in energy selling prices, the Corporation's financial capacity, competition, changes in general market conditions, the regulations governing the industry, regulatory disputes and other issues related to projects in operation or under development, as well as certain other factors described in the documents filed by the Corporation with the different securities commissions.
Unless otherwise specified by the Corporation, the forward-looking statements do not take into account the possible impact on its activities, transactions, non-recurring items or other exceptional items announced or occurring after the statements are made. There can be no assurance as to the materialization of the results, performance or achievements as expressed or implied by forward-looking statements. The reader is cautioned not to place undue reliance on such forward-looking statements.
Unless required to do so under applicable securities legislation, Boralex management does not assume any obligation to update or revise forward-looking statements to reflect new information, future events or other changes.
The data expressed as a percentage is calculated using amounts in thousands of dollars.
Combined - Non-IFRS measure
The combined information ("Combined") presented above and in the MD&A of the Corporation resulted from the combination of the financial information of
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