TransAlta (TA) AGM 2025 summary

Opening remarks and agenda

• Meeting was called to order by the Chair, John Dielwart, and conducted virtually to allow broad shareholder participation.

• Five business items were addressed: election of directors, receipt of financial statements, reappointment of auditors, advisory vote on executive compensation, and approval of the shareholder rights plan.

• Quorum was established with 63.43% of shares represented.

Board and executive committee updates

• Two directors, Harry Goldgut and Sarah Slusser, retired from the Board after significant contributions since 2019 and 2021, respectively.

• Eleven director nominees were presented for election, with no alternative nominations received.

Shareholder proposals

• Motions for all business items were moved and seconded by shareholders in attendance.