TransAlta shareholders approve all resolutions at the Annual Meeting of Shareholders

Apr 29, 2015

CALGARY, Alberta (April 29, 2015) – TransAlta Corporation (TSX: TA; NYSE: TAC) held its Annual Meeting of Shareholders on April 28, 2015 in Calgary, Alberta. A total of 123,171,033 common shares, representing 44.47% of the shares outstanding were represented in person and by proxy at the meeting.

The following resolutions were approved by shareholders:

1. Election of Directors

The ten director nominees proposed by management were elected by a show of hands. Proxies were received as follows:

Nominee     

Votes For      Per cent  Witheld          Per cent    
William D. Anderson 117,061,998 98.82% 1,397,137 1.18%
John P. Dielwart 116,912,245 98.69% 1,546,890 1.31%
Timothy W. Faithfull 117,005,835 98.77% 1,453,300 1.23%
Dawn L. Farrell 117,062,664 98.82% 1,396,471 1.18%
Alan J. Fohrer 116,916,431 98.70% 1,542,704 1.30%
Gordon D. Giffin 114,745,920 96.87% 3,713,215 3.13%
P. Thomas Jenkins 116,791,881 98.59% 1,667,254 1.41%
Yakout Mansour 117,162,494 98.91% 1,296,641 1.09%
Georgia R. Nelson 113,524,327 95.83% 4,934,808 4.17%
Beverlee F. Park 117,164,425 98.91% 1,294,710 1.09%

 

2. Appointment of Auditors

The Appointment of Ernst & Young LLP to serve as the independent auditors for 2015 was approved by a show of hands. Proxies were received as follows:

Votes For                      Per cent                 Witheld              Per cent      
         121,955,625 99.09%        1,116,410 0.91%

 

3. Advisory Vote on Executive Compensation

The advisory vote on management’s approach to executive compensation was approved by a show of hands. Proxies were received as follows:

Votes For                      Per cent                 Witheld              Per cent       
         112,624,787 95.07%        5,835,865 4.93%

 

TransAlta is a power generation and wholesale marketing company focused on creating long-term shareholder value. TransAlta maintains a low-to-moderate risk profile by operating a highly contracted portfolio of assets in Canada, the United States and Australia. TransAlta’s focus is to efficiently operate wind, hydro, natural gas and coal facilities in order to provide customers with a reliable, low-cost source of power. For over 100 years, TransAlta has been a responsible operator and a proud contributor to the communities in which it works and lives. TransAlta has been selected by Sustainalytics as one of Canada’s Top 50 Socially Responsible Companies since 2009 and is recognized globally for its leadership on sustainability and corporate responsibility standards by FTSE4Good.

For more information:

Investor Inquiries:

Brent Ward
Director, Corporate Finance and Investor Relations
Phone: 1 800-387-3598 in Canada and U.S.
Email: investor_relations@transalta.com

Jacqueline O’Driscoll
Manager, Investor Relations
Phone: 1-800-387-3598 in Canada and U.S.
Email: investor_relations@transalta.com

Media Inquiries:

Stacey Hatcher
Manager, External Communications
Cell: 587-216-2242
Toll-free media number: 1-855-255-9184
Alternate local number: 403-267-2540