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Brookfield Renewable Corporation Announces Results of Annual Meeting of Shareholders

1. All eight board nominees for BEPC were elected on June 16, 2025. 2. Ernst & Young LLP re-appointed as external auditor. 3. Brookfield Renewable operates globally in renewable power and sustainable solutions. 4. The Corporation includes hydroelectric, wind, and solar portfolios. 5. Brookfield Asset Management manages over $1 trillion in assets.

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Why Neutral?

The election of directors and auditor reappointment are standard corporate practices with minimal immediate market impact. Historical events show that such routine governance actions do not typically influence stock prices significantly.

How important is it?

Elections and auditor appointments are common, with low direct implications for stock valuation. The importance score reflects standard investor interest rather than immediate financial impact.

Why No Impact?

While corporate governance changes are important, they may not lead to immediate stock price adjustments. For example, past board elections at similar firms often result in stable share prices.

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BEPBEP.UN
June 16, 2025 17:57 ET  | Source: Brookfield Renewable Corporation BROOKFIELD, NEWS, June 16, 2025 (GLOBE NEWSWIRE) -- Brookfield Renewable Corporation (the “Corporation”) (TSX, NYSE: BEPC) today announced that all eight nominees proposed for election to the board of directors of the Corporation by holders of class A exchangeable subordinate voting shares (“Exchangeable Shares”) and holders of class B multiple voting shares (“Class B Shares”) were elected at the Corporation’s annual meeting of shareholders held on June 16, 2025 in a virtual meeting format and that Ernst & Young LLP have been re-appointed as the corporation’s external auditor. Detailed results of the vote for the election of directors are set out below. In accordance with the Corporation’s articles, each Exchangeable Share was entitled to one vote per share, representing a 25% voting interest in the Corporation in the aggregate, and the Class B Shares were entitled to a total of 434,657,409 votes in the aggregate, representing a 75% voting interest in the Corporation. The following is a summary of the votes cast by holders of Exchangeable Shares and Class B Shares, voting together as a single class, in regard to the election of the eight directors: Director NomineeVotes For %Votes Withheld %Jeffrey Blidner482,820,76491.31%45,962,0368.69%Sarah Deasley527,800,14299.81%982,6590.19%Nancy Dorn520,643,76198.46%8,139,0401.54%Eleazar de Carvalho Filho527,545,47899.77%1,237,3210.23%Randy MacEwen527,645,43099.78%1,137,3710.22%Lou Maroun515,462,81997.48%13,319,9812.52%Stephen Westwell520,624,33998.46%8,158,4611.54%Patricia Zuccotti527,675,81599.79%1,106,9860.21% A summary of all votes cast by holders of the Exchangeable Shares and Class B Shares represented at the Corporation’s annual meeting of shareholders is available on SEDAR+ at www.sedarplus.ca. Brookfield Renewable Brookfield Renewable operates one of the world’s largest publicly traded platforms for renewable power and sustainable solutions. Our renewable power portfolio consists of hydroelectric, wind, utility-scale solar and storage facilities and our sustainable solutions assets include our investment in a leading global nuclear services business and a portfolio of investments in carbon capture and storage capacity, agricultural renewable natural gas, materials recycling and eFuels manufacturing capacity, among others. Investors can access the portfolio either through Brookfield Renewable Partners L.P. (NYSE: BEP; TSX: BEP.UN), a Bermuda-based limited partnership, or Brookfield Renewable Corporation (NYSE, TSX: BEPC), a Canadian corporation. Brookfield Renewable is the flagship listed renewable power and transition company of Brookfield Asset Management, a leading global alternative asset manager headquartered in New York, with over $1 trillion of assets under management. Contact information: Media:Investors:Simon MaineAlex Jackson+44 7398 909 278+1 (416) 649-8172simon.maine@brookfield.comalexander.jackson@brookfield.com  

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