VANCOUVER, British Columbia, April 06, 2023 (GLOBE NEWSWIRE) -- Westport Fuel Systems Inc. ("WFS" or the "Company") (TSX:WPRT / Nasdaq:WPRT) today held its Annual and Special Meeting of Shareholders (the "Meeting") in a virtual format. Shareholders approved all resolutions presented at the meeting including the election of all nominated directors, the appointment of KPMG LLP as the Company's auditors, an advisory Say-on-Pay vote and approval for board discretion to initiate a share consolidation.
A summary of the results are as follows:
| Business | Outcome of Vote | Percentage of Votes For | Percentage of Votes Withheld/Against |
| Election of Directors | |||
| Anthony Guglielmin | Approved | 90.89% | 9.11% |
| Brenda Eprile | Approved | 90.19% | 9.81% |
| Dan Hancock | Approved | 90.69% | 9.31% |
| David Johnson | Approved | 89.79% | 10.21% |
| Eileen Wheatman | Approved | 89.94% | 10.06% |
| Karl-Viktor Schaller | Approved | 90.66% | 9.34% |
| Michele Buchignani | Approved | 88.35% | 11.65% |
| Philip Hodge | Approved | 90.85% | 9.15% |
| Rita Forst | Approved | 84.81% | 15.19% |
| Appointment of Auditors | Approved | 93.67% | 6.33% |
| Approval for share consolidation | Approved | 85.63% | 14.37% |
| Executive Compensation (Advisory Vote) | Agree | 86.99% | 13.01% |
Replay Virtual Meeting
To access a telephone replay please dial 1-800-319-6413 (Canada & USA toll-free) or 1-604-638-9010, and when prompted, enter the access code 9892. The replay will be available until the end of day April 13, 2023.
About Westport Fuel Systems
At Westport Fuel Systems, we are driving innovation to power a cleaner tomorrow. We are a leading supplier of advanced fuel delivery components and systems for clean, low-carbon fuels such as natural gas, renewable natural gas, propane, and hydrogen to the global transportation industry. Our technology delivers the performance and fuel efficiency required by transportation applications and the environmental benefits that address climate change and urban air quality challenges. Headquartered in Vancouver, Canada, with operations in Europe, Asia, North America, and South America, we serve our customers in more than 70 countries with leading global transportation brands. At Westport Fuel Systems, we think ahead. For more information, visit www.wfsinc.com.
Inquiries:
Investor Relations
T: +1 604-718-2046
E:invest@wfsinc.com
