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BALLARD POWER SYSTEMS INC. 2023-2024 Proxy Voting Records

Compiled from SEC Form N-PX filings. Page generated 02 October 2026.

21Reported items
101Asset managers
937Fund votes
2024-06-05Meeting date

Proxy season: 2023-2024

Explore BALLARD POWER SYSTEMS INC. in the interactive database Compare manager voting policies

How asset managers voted at the BALLARD POWER SYSTEMS INC. 2023-2024 meeting

Each item below shows how the 101 asset managers that disclosed a BALLARD POWER SYSTEMS INC. vote in their SEC Form N-PX filings actually voted. Share totals are the shares those managers' funds voted, summed across every fund they report. These are reported items, not a count of the ballot: fund filings describe one ballot item in different words. Two descriptions are shown as one item only on evidence — the same text (or one cut short of the other), the same director nominee, or a match to the same row of BALLARD POWER SYSTEMS INC.’s own Form 8-K tally — never because they merely read alike. A description that could not be joined that way is listed on its own, so one ballot item can appear more than once.

1. RESOLVED, on an advisory basis and not to diminish the role and responsibilities of the Board of Directors of the Corporation, that the shareholders accept the approach to executive compensation disclosed in the Corporation's Circular dated April 8, 2024.

SECTION 14A SAY-ON-PAY VOTES

Combines 6 wordings of this item as funds reported it.

38% fund support · no official result

FOR 38%AGAINST 62%

The 69 asset managers below cast 38% of the shares they voted on this item FOR (353,704 for, 577,637 against).

FOR: 353,704 (38.0%)AGAINST: 577,637 (62.0%)

Largest asset managers voting on “RESOLVED, on an advisory basis and not to diminish the role and responsibilities of the Board of Directors of ” at BALLARD POWER SYSTEMS INC., 2023-2024
Asset manager	For	Against	Vote
BRUNI J V & CO /CO	0	574,633	Against
ETF Series Solutions	117,647	0	For
1832 Asset Management L.P.	43,416	0	For
FIRST NATIONAL TRUST CO	25,000	0	For
SCOTIA CAPITAL INC.	23,211	0	For
WESTWOOD HOLDINGS GROUP INC	20,437	0	For
NATIONAL BANK TRUST INC.	16,850	0	For
Tidal Trust II	13,761	0	For
HARTLINE INVESTMENT CORP/	12,055	0	For
MERCER GLOBAL ADVISORS INC /ADV	7,556	0	For
Perigon Wealth Management, LLC	7,554	0	For
Corient Private Wealth LLC	7,383	0	For
Allianz	6,056	0	For
John Hancock	6,040	0	For
EASTERN BANK	5,000	0	For
PNC BANK, NATIONAL ASSOCIATION	4,945	0	For
Southeast Asset Advisors Inc.	4,800	0	For
UNITED CAPITAL FINANCIAL ADVISORS, LLC	3,591	0	For
Newman Dignan & Sheerar, Inc.	3,500	0	For
AGF MANAGEMENT LTD	2,400	0	For
Northern Trust	2,379	0	For
BOKF, NA	2,000	0	For
SHEETS SMITH WEALTH MANAGEMENT	1,931	0	For
LEAVELL INVESTMENT MANAGEMENT, INC.	0	1,865	Against
D.A. DAVIDSON & CO.	1,800	0	For

Showing the 25 largest of 69 asset managers. See all 69 in the interactive database.

2. ELECTION OF DIRECTOR: DOUGLAS P. HAYHURST

DIRECTOR ELECTIONS

Combines 3 wordings of this item as funds reported it.

100% fund support · no official result

FOR 100%

The 27 asset managers below cast 100% of the shares they voted on this item FOR (6,301,524 for, 0 against).

FOR: 6,301,524 (100.0%)

Largest asset managers voting on “ELECTION OF DIRECTOR: DOUGLAS P. HAYHURST” at BALLARD POWER SYSTEMS INC., 2023-2024
Asset manager	For	Vote
Global X	1,852,086	For
Invesco	1,829,171	For
State Street	724,464	For
Charles Schwab	498,065	For
BlackRock	445,343	For
Vanguard	258,767	For
Dimensional	231,347	For
ETF Series Solutions	117,647	For
First Trust	70,708	For
ALPS ETF Trust	64,700	For
Fidelity	39,812	For
ProShares	38,484	For
Brighthouse	37,678	For
Direxion Shares ETF Trust	21,522	For
Lincoln Financial	14,258	For
Tidal Trust II	13,761	For
American Century	13,022	For
VanEck ETF Trust	8,930	For
Allianz	6,056	For
John Hancock	6,040	For
WisdomTree	4,523	For
TIAA	3,878	For
M FUND INC	668	For
CITY NATIONAL ROCHDALE FUNDS	291	For
Series Portfolios Trust	252	For

Showing the 25 largest of 27 asset managers. See all 27 in the interactive database.

3. ELECTION OF DIRECTOR: HUBERTUS M. MUEHLHAEUSER

DIRECTOR ELECTIONS

Combines 3 wordings of this item as funds reported it.

100% fund support · no official result

FOR 100%

The 27 asset managers below cast 100% of the shares they voted on this item FOR (6,301,524 for, 0 against).

FOR: 6,301,524 (100.0%)

Largest asset managers voting on “ELECTION OF DIRECTOR: HUBERTUS M. MUEHLHAEUSER” at BALLARD POWER SYSTEMS INC., 2023-2024
Asset manager	For	Vote
Global X	1,852,086	For
Invesco	1,829,171	For
State Street	724,464	For
Charles Schwab	498,065	For
BlackRock	445,343	For
Vanguard	258,767	For
Dimensional	231,347	For
ETF Series Solutions	117,647	For
First Trust	70,708	For
ALPS ETF Trust	64,700	For
Fidelity	39,812	For
ProShares	38,484	For
Brighthouse	37,678	For
Direxion Shares ETF Trust	21,522	For
Lincoln Financial	14,258	For
Tidal Trust II	13,761	For
American Century	13,022	For
VanEck ETF Trust	8,930	For
Allianz	6,056	For
John Hancock	6,040	For
WisdomTree	4,523	For
TIAA	3,878	For
M FUND INC	668	For
CITY NATIONAL ROCHDALE FUNDS	291	For
Series Portfolios Trust	252	For

Showing the 25 largest of 27 asset managers. See all 27 in the interactive database.

4. Elect Director Jacqueline A. Dedo

DIRECTOR ELECTIONS

Combines 4 wordings of this item as funds reported it.

100% fund support · no official result

FOR 100%

The 27 asset managers below cast 100% of the shares they voted on this item FOR (6,301,524 for, 0 against).

FOR: 6,301,524 (100.0%)

Largest asset managers voting on “Elect Director Jacqueline A. Dedo” at BALLARD POWER SYSTEMS INC., 2023-2024
Asset manager	For	Vote
Global X	1,852,086	For
Invesco	1,829,171	For
State Street	724,464	For
Charles Schwab	498,065	For
BlackRock	445,343	For
Vanguard	258,767	For
Dimensional	231,347	For
ETF Series Solutions	117,647	For
First Trust	70,708	For
ALPS ETF Trust	64,700	For
Fidelity	39,812	For
ProShares	38,484	For
Brighthouse	37,678	For
Direxion Shares ETF Trust	21,522	For
Lincoln Financial	14,258	For
Tidal Trust II	13,761	For
American Century	13,022	For
VanEck ETF Trust	8,930	For
Allianz	6,056	For
John Hancock	6,040	For
WisdomTree	4,523	For
TIAA	3,878	For
M FUND INC	668	For
CITY NATIONAL ROCHDALE FUNDS	291	For
Series Portfolios Trust	252	For

Showing the 25 largest of 27 asset managers. See all 27 in the interactive database.

5. ELECTION OF DIRECTOR: JAMES ROCHE

DIRECTOR ELECTIONS

Combines 3 wordings of this item as funds reported it.

100% fund support · no official result

FOR 100%

The 27 asset managers below cast 100% of the shares they voted on this item FOR (6,301,524 for, 0 against).

FOR: 6,301,524 (100.0%)

Largest asset managers voting on “ELECTION OF DIRECTOR: JAMES ROCHE” at BALLARD POWER SYSTEMS INC., 2023-2024
Asset manager	For	Vote
Global X	1,852,086	For
Invesco	1,829,171	For
State Street	724,464	For
Charles Schwab	498,065	For
BlackRock	445,343	For
Vanguard	258,767	For
Dimensional	231,347	For
ETF Series Solutions	117,647	For
First Trust	70,708	For
ALPS ETF Trust	64,700	For
Fidelity	39,812	For
ProShares	38,484	For
Brighthouse	37,678	For
Direxion Shares ETF Trust	21,522	For
Lincoln Financial	14,258	For
Tidal Trust II	13,761	For
American Century	13,022	For
VanEck ETF Trust	8,930	For
Allianz	6,056	For
John Hancock	6,040	For
WisdomTree	4,523	For
TIAA	3,878	For
M FUND INC	668	For
CITY NATIONAL ROCHDALE FUNDS	291	For
Series Portfolios Trust	252	For

Showing the 25 largest of 27 asset managers. See all 27 in the interactive database.

6. ELECTION OF DIRECTOR: JANET WOODRUFF

DIRECTOR ELECTIONS

Combines 3 wordings of this item as funds reported it.

100% fund support · no official result

FOR 100%

The 27 asset managers below cast 100% of the shares they voted on this item FOR (6,301,524 for, 0 against).

FOR: 6,301,524 (100.0%)

Largest asset managers voting on “ELECTION OF DIRECTOR: JANET WOODRUFF” at BALLARD POWER SYSTEMS INC., 2023-2024
Asset manager	For	Vote
Global X	1,852,086	For
Invesco	1,829,171	For
State Street	724,464	For
Charles Schwab	498,065	For
BlackRock	445,343	For
Vanguard	258,767	For
Dimensional	231,347	For
ETF Series Solutions	117,647	For
First Trust	70,708	For
ALPS ETF Trust	64,700	For
Fidelity	39,812	For
ProShares	38,484	For
Brighthouse	37,678	For
Direxion Shares ETF Trust	21,522	For
Lincoln Financial	14,258	For
Tidal Trust II	13,761	For
American Century	13,022	For
VanEck ETF Trust	8,930	For
Allianz	6,056	For
John Hancock	6,040	For
WisdomTree	4,523	For
TIAA	3,878	For
M FUND INC	668	For
CITY NATIONAL ROCHDALE FUNDS	291	For
Series Portfolios Trust	252	For

Showing the 25 largest of 27 asset managers. See all 27 in the interactive database.

7. ELECTION OF DIRECTOR: MARTY NEESE

DIRECTOR ELECTIONS

Combines 3 wordings of this item as funds reported it.

100% fund support · no official result

FOR 100%

The 27 asset managers below cast 100% of the shares they voted on this item FOR (6,301,524 for, 0 against).

FOR: 6,301,524 (100.0%)

Largest asset managers voting on “ELECTION OF DIRECTOR: MARTY NEESE” at BALLARD POWER SYSTEMS INC., 2023-2024
Asset manager	For	Vote
Global X	1,852,086	For
Invesco	1,829,171	For
State Street	724,464	For
Charles Schwab	498,065	For
BlackRock	445,343	For
Vanguard	258,767	For
Dimensional	231,347	For
ETF Series Solutions	117,647	For
First Trust	70,708	For
ALPS ETF Trust	64,700	For
Fidelity	39,812	For
ProShares	38,484	For
Brighthouse	37,678	For
Direxion Shares ETF Trust	21,522	For
Lincoln Financial	14,258	For
Tidal Trust II	13,761	For
American Century	13,022	For
VanEck ETF Trust	8,930	For
Allianz	6,056	For
John Hancock	6,040	For
WisdomTree	4,523	For
TIAA	3,878	For
M FUND INC	668	For
CITY NATIONAL ROCHDALE FUNDS	291	For
Series Portfolios Trust	252	For

Showing the 25 largest of 27 asset managers. See all 27 in the interactive database.

8. ELECTION OF DIRECTOR: MICHAEL CHEN

DIRECTOR ELECTIONS

Combines 3 wordings of this item as funds reported it.

100% fund support · no official result

FOR 100%

The 27 asset managers below cast 100% of the shares they voted on this item FOR (6,301,524 for, 0 against).

FOR: 6,301,524 (100.0%)

Largest asset managers voting on “ELECTION OF DIRECTOR: MICHAEL CHEN” at BALLARD POWER SYSTEMS INC., 2023-2024
Asset manager	For	Vote
Global X	1,852,086	For
Invesco	1,829,171	For
State Street	724,464	For
Charles Schwab	498,065	For
BlackRock	445,343	For
Vanguard	258,767	For
Dimensional	231,347	For
ETF Series Solutions	117,647	For
First Trust	70,708	For
ALPS ETF Trust	64,700	For
Fidelity	39,812	For
ProShares	38,484	For
Brighthouse	37,678	For
Direxion Shares ETF Trust	21,522	For
Lincoln Financial	14,258	For
Tidal Trust II	13,761	For
American Century	13,022	For
VanEck ETF Trust	8,930	For
Allianz	6,056	For
John Hancock	6,040	For
WisdomTree	4,523	For
TIAA	3,878	For
M FUND INC	668	For
CITY NATIONAL ROCHDALE FUNDS	291	For
Series Portfolios Trust	252	For

Showing the 25 largest of 27 asset managers. See all 27 in the interactive database.

9. Election of Director: Randy MacEwen

DIRECTOR ELECTIONS

Combines 4 wordings of this item as funds reported it.

100% fund support · no official result

FOR 100%

The 27 asset managers below cast 100% of the shares they voted on this item FOR (6,301,524 for, 0 against).

FOR: 6,301,524 (100.0%)

Largest asset managers voting on “Election of Director: Randy MacEwen” at BALLARD POWER SYSTEMS INC., 2023-2024
Asset manager	For	Vote
Global X	1,852,086	For
Invesco	1,829,171	For
State Street	724,464	For
Charles Schwab	498,065	For
BlackRock	445,343	For
Vanguard	258,767	For
Dimensional	231,347	For
ETF Series Solutions	117,647	For
First Trust	70,708	For
ALPS ETF Trust	64,700	For
Fidelity	39,812	For
ProShares	38,484	For
Brighthouse	37,678	For
Direxion Shares ETF Trust	21,522	For
Lincoln Financial	14,258	For
Tidal Trust II	13,761	For
American Century	13,022	For
VanEck ETF Trust	8,930	For
Allianz	6,056	For
John Hancock	6,040	For
WisdomTree	4,523	For
TIAA	3,878	For
M FUND INC	668	For
CITY NATIONAL ROCHDALE FUNDS	291	For
Series Portfolios Trust	252	For

Showing the 25 largest of 27 asset managers. See all 27 in the interactive database.

10. ELECTION OF DIRECTOR: YINGBO WANG

DIRECTOR ELECTIONS

Combines 2 wordings of this item as funds reported it.

100% fund support · no official result

FOR 100%

The 24 asset managers below cast 100% of the shares they voted on this item FOR (3,942,443 for, 0 against).

FOR: 3,942,443 (100.0%)

Largest asset managers voting on “ELECTION OF DIRECTOR: YINGBO WANG” at BALLARD POWER SYSTEMS INC., 2023-2024
Asset manager	For	Vote
Invesco	1,829,171	For
State Street	724,464	For
BlackRock	445,343	For
Vanguard	258,767	For
Dimensional	231,347	For
ETF Series Solutions	117,647	For
First Trust	70,708	For
ALPS ETF Trust	64,700	For
Fidelity	39,812	For
ProShares	38,484	For
Brighthouse	37,678	For
Direxion Shares ETF Trust	21,522	For
Lincoln Financial	14,258	For
Tidal Trust II	13,761	For
American Century	13,022	For
Allianz	6,056	For
John Hancock	6,040	For
WisdomTree	4,523	For
TIAA	3,878	For
M FUND INC	668	For
CITY NATIONAL ROCHDALE FUNDS	291	For
Series Portfolios Trust	252	For
Keel Point, LLC	50	For
Northern Trust	1	For

11. Elect Director Kathy Bayless

DIRECTOR ELECTIONS

Combines 3 wordings of this item as funds reported it.

100% fund support · no official result

FOR 100%

The 24 asset managers below cast 100% of the shares they voted on this item FOR (3,942,443 for, 0 against).

FOR: 3,942,443 (100.0%)

Largest asset managers voting on “Elect Director Kathy Bayless” at BALLARD POWER SYSTEMS INC., 2023-2024
Asset manager	For	Vote
Invesco	1,829,171	For
State Street	724,464	For
BlackRock	445,343	For
Vanguard	258,767	For
Dimensional	231,347	For
ETF Series Solutions	117,647	For
First Trust	70,708	For
ALPS ETF Trust	64,700	For
Fidelity	39,812	For
ProShares	38,484	For
Brighthouse	37,678	For
Direxion Shares ETF Trust	21,522	For
Lincoln Financial	14,258	For
Tidal Trust II	13,761	For
American Century	13,022	For
Allianz	6,056	For
John Hancock	6,040	For
WisdomTree	4,523	For
TIAA	3,878	For
M FUND INC	668	For
CITY NATIONAL ROCHDALE FUNDS	291	For
Series Portfolios Trust	252	For
Keel Point, LLC	50	For
Northern Trust	1	For

12. Advisory Vote on Executive Compensation Approach

COMPENSATION

Combines 2 wordings of this item as funds reported it.

86% fund support · no official result

FOR 86%14%

The 22 asset managers below cast 86% of the shares they voted on this item FOR (4,415,048 for, 702,286 against).

FOR: 4,415,048 (86.3%)AGAINST: 702,286 (13.7%)

Largest asset managers voting on “Advisory Vote on Executive Compensation Approach” at BALLARD POWER SYSTEMS INC., 2023-2024
Asset manager	For	Against	Vote
Invesco	1,829,171	0	For
State Street	724,464	0	For
Desjardins Global Asset Management Inc.	0	702,286	Against
STOREBRAND ASSET MANAGEMENT AS	609,611	0	For
BlackRock	445,343	0	For
Vanguard	258,767	0	For
Dimensional	231,347	0	For
First Trust	70,708	0	For
ALPS ETF Trust	64,700	0	For
Fidelity	39,812	0	For
ProShares	38,484	0	For
Brighthouse	37,678	0	For
Direxion Shares ETF Trust	21,522	0	For
Lincoln Financial	14,258	0	For
American Century	13,022	0	For
CIDEL ASSET MANAGEMENT INC	6,906	0	For
WisdomTree	4,523	0	For
TIAA	3,878	0	For
M FUND INC	668	0	For
MONTRUSCO BOLTON INVESTMENTS INC.	135	0	For
Keel Point, LLC	50	0	For
Northern Trust	1	0	For

13. Re-approve Equity-Based Compensation Plans

COMPENSATION

Combines 2 wordings of this item as funds reported it.

87% fund support · no official result

FOR 87%13%

The 19 asset managers below cast 87% of the shares they voted on this item FOR (3,297,558 for, 507,744 against).

FOR: 3,297,558 (86.7%)AGAINST: 507,744 (13.3%)

Largest asset managers voting on “Re-approve Equity-Based Compensation Plans” at BALLARD POWER SYSTEMS INC., 2023-2024
Asset manager	For	Against	Vote
Invesco	1,829,171	0	For
State Street	724,464	0	For
BlackRock	445,343	0	For
Vanguard	258,767	0	For
Dimensional	0	231,347	Against
First Trust	0	70,708	Against
ALPS ETF Trust	0	64,700	Against
Fidelity	39,812	0	For
ProShares	0	38,484	Against
Brighthouse	0	37,678	Against
Direxion Shares ETF Trust	0	21,522	Against
Lincoln Financial	0	14,258	Against
American Century	0	13,022	Against
CIDEL ASSET MANAGEMENT INC	0	6,906	Against
WisdomTree	0	4,523	Against
TIAA	0	3,878	Against
M FUND INC	0	668	Against
Keel Point, LLC	0	50	Against
Northern Trust	1	0	For

14. Approve KPMG LLP as Auditors and Authorize Board to Fix Their Remuneration

AUDIT-RELATED

Combines 2 wordings of this item as funds reported it.

100% fund support · no official result

FOR 100%

The 18 asset managers below cast 100% of the shares they voted on this item FOR (3,798,396 for, 0 against).

FOR: 3,798,396 (100.0%)

Largest asset managers voting on “Approve KPMG LLP as Auditors and Authorize Board to Fix Their Remuneration” at BALLARD POWER SYSTEMS INC., 2023-2024
Asset manager	For	Vote
Invesco	1,829,171	For
State Street	724,464	For
BlackRock	445,343	For
Vanguard	258,767	For
Dimensional	231,347	For
First Trust	70,708	For
ALPS ETF Trust	64,700	For
Fidelity	39,812	For
ProShares	38,484	For
Brighthouse	37,678	For
Direxion Shares ETF Trust	21,522	For
Lincoln Financial	14,258	For
American Century	13,022	For
WisdomTree	4,523	For
TIAA	3,878	For
M FUND INC	668	For
Keel Point, LLC	50	For
Northern Trust	1	For

15. Advisory Vote to Ratify Named Executive Officers' Compensation

COMPENSATION

100% fund support · no official result

FOR 99.9%

The 6 asset managers below cast 100% of the shares they voted on this item FOR (3,105,608 for, 0 against).

FOR: 3,105,608 (99.9%)ONE YEAR: 1,789 (0.1%)

Largest asset managers voting on “Advisory Vote to Ratify Named Executive Officers' Compensation” at BALLARD POWER SYSTEMS INC., 2023-2024
Asset manager	For	Vote
Global X	1,852,086	For
TD ASSET MANAGEMENT INC	705,027	For
Charles Schwab	498,065	For
Manatuck Hill Partners, LLC	41,500	For
VanEck ETF Trust	8,930	For
MILLER HOWARD INVESTMENTS INC /NY	0	One Year

16. APPOINTMENT OF KPMG LLP, CHARTERED ACCOUNTANTS AS AUDITORS OF THE CORPORATION FOR THE ENSUING YEAR AND AUTHORIZING THE DIRECTORS TO FIX THEIR REMUNERATION.

AUDIT-RELATED

100% fund support · no official result

FOR 100%

The 6 asset managers below cast 100% of the shares they voted on this item FOR (144,047 for, 0 against).

FOR: 144,047 (100.0%)

Largest asset managers voting on “APPOINTMENT OF KPMG LLP, CHARTERED ACCOUNTANTS AS AUDITORS OF THE CORPORATION FOR THE ENSUING YEAR AND AUTHORI” at BALLARD POWER SYSTEMS INC., 2023-2024
Asset manager	For	Vote
ETF Series Solutions	117,647	For
Tidal Trust II	13,761	For
Allianz	6,056	For
John Hancock	6,040	For
CITY NATIONAL ROCHDALE FUNDS	291	For
Series Portfolios Trust	252	For

17. RESOLVED THAT: 1. The amended consolidated option plan ("Option Plan"), in the form approved by the Board and described in the Circular, and its adoption by Ballard, is hereby re-confirmed and approved. 2. The amended consolidated share distribution plan ("SDP"), in the form approved by the Board and described in the Circular, and its adoption by Ballard, is hereby re-confirmed and approved. 3. Al

COMPENSATION

Combines 2 wordings of this item as funds reported it.

10% fund support · no official result

10%AGAINST 90%

The 6 asset managers below cast 10% of the shares they voted on this item FOR (14,304 for, 129,743 against).

FOR: 14,304 (9.9%)AGAINST: 129,743 (90.1%)

Largest asset managers voting on “RESOLVED THAT: 1. The amended consolidated option plan ("Option Plan"), in the form approved by the Board and ” at BALLARD POWER SYSTEMS INC., 2023-2024
Asset manager	For	Against	Vote
ETF Series Solutions	0	117,647	Against
Tidal Trust II	13,761	0	For
Allianz	0	6,056	Against
John Hancock	0	6,040	Against
CITY NATIONAL ROCHDALE FUNDS	291	0	For
Series Portfolios Trust	252	0	For

18. Amendments to the Equity-Based Compensation Plans

COMPENSATION

100% fund support · no official result

FOR 100%

The 3 asset managers below cast 100% of the shares they voted on this item FOR (2,359,081 for, 0 against).

FOR: 2,359,081 (100.0%)

Largest asset managers voting on “Amendments to the Equity-Based Compensation Plans” at BALLARD POWER SYSTEMS INC., 2023-2024
Asset manager	For	Vote
Global X	1,852,086	For
Charles Schwab	498,065	For
VanEck ETF Trust	8,930	For

19. Appointment of Auditor and Authority to Set Fees

AUDIT-RELATED

100% fund support · no official result

FOR 21%ABSTAIN 79%

The 3 asset managers below cast 100% of the shares they voted on this item FOR (506,995 for, 0 against).

FOR: 506,995 (21.5%)ABSTAIN: 1,852,086 (78.5%)

Largest asset managers voting on “Appointment of Auditor and Authority to Set Fees” at BALLARD POWER SYSTEMS INC., 2023-2024
Asset manager	For	Abstain	Vote
Global X	0	1,852,086	Abstain
Charles Schwab	498,065	0	For
VanEck ETF Trust	8,930	0	For

20. Elect Kathleen Bayless

DIRECTOR ELECTIONS

100% fund support · no official result

FOR 100%

The 3 asset managers below cast 100% of the shares they voted on this item FOR (2,359,081 for, 0 against).

FOR: 2,359,081 (100.0%)

Largest asset managers voting on “Elect Kathleen Bayless” at BALLARD POWER SYSTEMS INC., 2023-2024
Asset manager	For	Vote
Global X	1,852,086	For
Charles Schwab	498,065	For
VanEck ETF Trust	8,930	For

21. Elect Yingbow Wang

DIRECTOR ELECTIONS

100% fund support · no official result

FOR 100%

The 3 asset managers below cast 100% of the shares they voted on this item FOR (2,359,081 for, 0 against).

FOR: 2,359,081 (100.0%)

Largest asset managers voting on “Elect Yingbow Wang” at BALLARD POWER SYSTEMS INC., 2023-2024
Asset manager	For	Vote
Global X	1,852,086	For
Charles Schwab	498,065	For
VanEck ETF Trust	8,930	For

Largest BALLARD POWER SYSTEMS INC. shareholders voting in 2023-2024

Ranked by the number of BALLARD POWER SYSTEMS INC. shares each manager voted on the most widely held ballot item of the 2023-2024 meeting, shown as a share of the 298,935,706 shares outstanding at the time of that meeting.

Top BALLARD POWER SYSTEMS INC. shareholders by shares voted, 2023-2024
#	Asset manager	% of shares outstanding
1	BRUNI J V & CO /CO	0.19%
2	ETF Series Solutions	0.04%
3	1832 Asset Management L.P.	0.01%
4	FIRST NATIONAL TRUST CO	<0.01%
5	SCOTIA CAPITAL INC.	<0.01%
6	WESTWOOD HOLDINGS GROUP INC	<0.01%
7	NATIONAL BANK TRUST INC.	<0.01%
8	Tidal Trust II	<0.01%
9	HARTLINE INVESTMENT CORP/	<0.01%
10	MERCER GLOBAL ADVISORS INC /ADV	<0.01%

Reported BALLARD POWER SYSTEMS INC. ownership

Positions disclosed to the SEC on Schedules 13D and 13G, Form 13F and the company’s own proxy statement (DEF 14A).

BALLARD POWER SYSTEMS INC. beneficial owners on record for the 2023-2024 proxy season
Holder	% outstanding	Disclosure
Citadel Advisors	2.32%	13F
Morgan Stanley	1.87%	13F
Goldman Sachs	1.32%	13F
Norges Bank	1.17%	13F
Dimensional Fund Advisors	0.82%	13F
Invesco	0.79%	13F
State Street	0.62%	13F
Two Sigma	0.30%	13F
JPMorgan Chase	0.23%	13F
Geode Capital	0.14%	13F

Percentages above are of 298,935,706 shares outstanding, as reported by BALLARD POWER SYSTEMS INC. on its Form 40-F dated 2023-12-31 (see the filing on EDGAR). This is the count contemporaneous with the 2023-2024 meeting, so the percentages are the ones that were true then, not ones restated against today’s share count.

About this page

Every figure above is derived from filings made with the US Securities and Exchange Commission: Form N-PX, in which registered investment companies and institutional managers disclose how they voted every proxy, and Form 8-K Item 5.07, in which the company reports its own meeting results. Shares outstanding are taken from BALLARD POWER SYSTEMS INC.’s 40-F dated 2023-12-31. This page is a static snapshot rebuilt weekly on 02 October 2026; a live search always shows the current data.

At BALLARD POWER SYSTEMS INC.'s shareholder meeting held 2024-06-05, in the 2023-2024 proxy season, 101 asset managers reported how they voted in their SEC Form N-PX filings, covering 937 separate fund positions. Their filings are grouped here into 21 reported items; because filers word the same ballot item differently, that can be more than the number of items on the ballot. No official Form 8-K vote tally has been matched to this meeting, so this page states no certified outcome for its most widely held ballot item. On that item — RESOLVED, on an advisory basis and not to diminish the role and responsibilities of the Board… — the reporting funds cast 38% of the shares they voted in favour (FOR divided by FOR plus AGAINST, the conventional basis for proxy support; abstentions, broker non-votes and unvoted shares are excluded because none of them took a side). That is the aggregate of those managers' own N-PX disclosures, not the company's certified result, and the funds are a subset of all shareholders.

BALLARD POWER SYSTEMS INC. proxy season coverage: 2023-2024 (this page).