VANCOUVER, British Columbia, May 15, 2025 (GLOBE NEWSWIRE) -- Westport Fuel Systems Inc. (“Westport" or the "Company") (TSX:WPRT / Nasdaq:WPRT), today held its Annual General 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 for the ensuing year, the appointment of KPMG LLP as the Company's auditors for the fiscal year, the advisory vote on executive compensation, and the sale of Westport Fuel Systems Italia S.r.l in accordance with the terms of the sale and purchase agreement dated as of March 30, 2025.
A summary of the results are as follows:
| Resolution | Outcome of Vote | Percentage of Votes For | Percentage of Votes Withheld/Against |
| Election of Directors | |||
| Michele Buchignani | Approved | 81.22% | 18.78% |
| Anthony Guglielmin | Approved | 87.16% | 12.84% |
| Daniel M. Hancock | Approved | 61.47% | 38.53% |
| Daniel Sceli | Approved | 91.10% | 8.90% |
| Karl-Viktor Schaller | Approved | 61.28% | 38.72% |
| Eileen Wheatman | Approved | 81.43% | 18.57% |
| Appointment of Auditors | Approved | 93.83% | 6.17% |
| Executive Compensation | |||
| (Advisory Vote) | Agree | 52.87% | 47.13% |
| Sale of Westport Fuel Systems Italia S.r.l | Approved | 83.38% | 16.62% |
Organizations
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 approximately 70 countries with leading global transportation brands. At Westport Fuel Systems, we think ahead. For more information, visit www.wfsinc.com.
Investor Inquiries:
Investor Relations
T: +1 604-718-2046
E: invest@wfsinc.com...
Read the full news release here
