Northland Power Reports on Its 2024 Annual General Meeting

/EIN News/ -- TORONTO, May 22, 2024 (GLOBE NEWSWIRE) -- Northland Power Inc. (“Northland” or the “Company”) (TSX: NPI) today announced the results of the election of Directors at its Annual General Meeting (“the Meeting”) held on May 22, 2024, in a virtual-only meeting format.

The total number of voting shares represented by shareholders present electronically and by proxy at the Meeting was 157,834,362, representing 61.64% of Northland’s outstanding voting shares.

The nine nominees proposed by Management for election as Directors were elected. Information on each of the Director Nominees is contained in Northland’s Management Information Circular dated April 15, 2024, which is available on the company’s website at www.northlandpower.com.

The votes received were as follows:

Nominee	Votes For	Percent	Withheld	Percent
John W. Brace	151,736,391	96.51%	5,484,968	3.49%
Doyle Beneby	156,595,072	99.56%	695,889	0.44%
Lisa Colnett	151,341,435	96.22%	5,948,879	3.78%
Kevin Glass	153,223,808	97.41%	4,067,153	2.59%
Keith Halbert	156,268,855	99.35%	1,022,107	0.65%
Helen Mallovy Hicks	153,927,967	97.86%	3,362,247	2.14%
Ian Pearce	143,977,929	92.04%	12,445,203	7.96%
Eckhardt Ruemmler	156,863,919	99.73%	426,942	0.27%
Ellen Smith	155,613,898	98.93%	1,675,708	1.07%

The Appointment of Ernst & Young LLP to serve as the independent auditors of Northland, and setting of their remuneration, until the next annual meeting was approved.  Votes received were as follows:

Votes For	Percent	Withheld	Percent
139,568,861	88.43%	18,265,501	11.57%

The non-binding advisory vote on the Company’s approach to executive compensation or say-on-pay was approved.  Votes received were as follows:

Votes For	Percent	Against	Percent
130,247,373	82.81%	27,039,036	17.19%

ABOUT NORTHLAND POWER

Northland Power is a global power producer dedicated to helping the clean energy transition by producing electricity from clean renewable resources. Founded in 1987, Northland has a long history of developing, building, owning and operating clean and green power infrastructure assets and is a global leader in offshore wind. In addition, Northland owns and manages a diversified generation mix including onshore renewables, efficient natural gas energy, as well as supplying energy through a regulated utility.

Headquartered in Toronto, Canada, with global offices in eight countries, Northland owns or has an economic interest in approximately 3.4GW (net 2.9GW) of operating capacity. The Company also has a significant inventory of projects in construction and in various stages of development encompassing approximately 12GW of potential capacity.

Publicly traded since 1997, Northland's common shares, Series 1 and Series 2 preferred shares trade on the Toronto Stock Exchange under the symbols NPI, NPI.PR.A and NPI.PR.B, respectively.

For further information, please contact:

Dario Neimarlija, Vice President, FP&A and Investor Relations

647-288-1019

investorrelations@northlandpower.com

northlandpower.com