Exhibit 99.1
TRANSALTA CORPORATION
(the “Corporation”)
(the “Corporation”)
Annual Meeting of Shareholders
(the “Meeting”)
(the “Meeting”)
April 25, 2024
REPORT OF VOTING RESULTS
NI 51-102 – Continuous Disclosure Obligations, Section 11.3
Matters Voted Upon
The total number of common shares represented by shareholders present at the Meeting and by proxy was 194,587,285 representing 63.21% of the Corporation’s outstanding common shares.
1.Election of Directors
The 12 director nominees proposed by management were elected. The votes by ballot were received as follows:
Nominee | Votes For | Per cent | Against | Per cent | ||||||||||
John P. Dielwart | 187,971,087 | 99.50 | 952,208 | 0.50 | ||||||||||
Alan J. Fohrer | 187,736,517 | 99.37 | 1,186,602 | 0.63 | ||||||||||
Laura W. Folse | 187,808,261 | 99.41 | 1,116,958 | 0.59 | ||||||||||
Harry A. Goldgut | 188,080,397 | 99.55 | 842,898 | 0.45 | ||||||||||
John H. Kousinioris | 187,992,591 | 99.51 | 930,548 | 0.49 | ||||||||||
Candace J. MacGibbon | 187,620,471 | 99.31 | 1,304,768 | 0.69 | ||||||||||
Thomas M. O’Flynn | 182,108,667 | 96.39 | 6,814,452 | 3.61 | ||||||||||
Bryan D. Pinney | 188,013,643 | 99.52 | 909,632 | 0.48 | ||||||||||
James Reid | 188,104,667 | 99.57 | 818,628 | 0.43 | ||||||||||
Manjit K. Sharma | 187,918,417 | 99.47 | 1,004,824 | 0.53 | ||||||||||
Sandra R. Sharman | 186,504,893 | 98.72 | 2,420,326 | 1.28 | ||||||||||
Sarah A. Slusser | 187,989,860 | 99.50 | 935,379 | 0.50 |
2.Appointment of Auditors
The appointment of Ernst & Young LLP to serve as the auditors for 2024 was approved. The votes by ballot were received as follows:
Votes For | Per cent | Withheld | Per cent | ||||||||
192,404,387 | 98.88 | 2,182,897 | 1.12 |
3.Advisory Vote on Executive Compensation
The non-binding advisory vote to accept the Corporation's approach to executive compensation was approved. The votes by ballot were received as follows:
Votes For | Per cent | Against | Per cent | ||||||||
187,077,751 | 99.02 | 1,848,374 | 0.98 |