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Ballard Power Systems Inc. News Release Ballard Power Systems 9000 Glenlyon Parkway Burnaby BC V5J 5J8 Canada Tel : 604-454-0900 Fax : 604-412-4700 www.ballard.com BALLARD® Ballard Announces Results of Annual General Meeting For Immediate Release VANCOUVER , CANADA - - June 3 , 2021 Ballard Power Systems ( NASDAQ : BLDP ; TSX : BLDP ) today announced results of its 2021 Annual General Meeting , which was held yesterday as a virtual event . All nominees listed in the Management Proxy Circular dated April 12th , 2021 were elected as directors of the Company . Each of the Ballard directors was re - elected by a majority of the votes cast by shareholders present or represented by proxy . Director biographies are available in the " Our Leadership " section of the Company's website . Director Nominee Votes For % For Douglas P. Hayhurst Kui ( Kevin ) Jiang 124,078,002 95.02 Votes Withheld 6,505,681 % Withheld 4.98 86,229,791 66.03 44,353,892 33.97 Duy - Loan Le Randy MacEwen Marty Neese 125,979,546 96.47 4,604,137 3.53 128,650,412 98.52 1,933,271 1.48 128,456,264 98.37 2,127,419 1.63 James Roche 128,835,707 98.66 1,747,976 1.34 Shaojun ( Sherman ) Sun Janet Woodruff 98,420,556 75.37 122,745,293 94.00 32,163,127 24.63 7,838,390 6.00 In addition , KPMG LLP , Chartered Accountants , was appointed as auditor for the Company , an advisory vote approved the approach to executive compensation , and equity - based compensation plans were approved , as disclosed in the Company's Management Proxy Circular . Item Appointment of Auditors Executive For 138,230,488 % For 92.67 Against % Against Withheld 10,929,918 % Withheld 7.33 112,979,427 86.52 17,604,256 13.48 Compensation Equity - based Compensation 96,526,416 73.92 34,056,468 26.08 Plans Final voting results on all matters voted on at the Annual General Meeting held on June 2nd , 2021 will be filed on SEDAR ( www.sedar.com ) . About Ballard Power Systems Ballard Power Systems ' ( NASDAQ : BLDP ; TSX : BLDP ) vision is to deliver fuel cell power for a sustainable planet . Ballard zero - emission PEM fuel cells are enabling electrification of mobility , including buses , commercial trucks , trains , marine vessels , passenger cars and forklift trucks . To learn more about Ballard , please visit www.ballard.com . Further Information : Guy McAree +1.604.412.7919 , media@ballard.com or investors@ballard.com Page 1 of 1