EXHIBIT 99.1
ALGONQUIN POWER & UTILITIES CORP.
ANNUAL AND SPECIAL MEETING OF SHAREHOLDERS
JUNE 21, 2011
Final Report On Attendance
We are pleased to report that there are 131 Shareholders holding 50,144,092 Common Shares represented in person or by proxy at this meeting.
This represents 42.07% of the 119,199,940 issued and outstanding Common Shares.
Dated this 21st day of June, 2011.
| CIBC MELLON TRUST COMPANY |
| /s/ Anoosheh Farzanegan |
| Anoosheh Farzanegan |
| /s/ Bill Zawada |
| Bill Zawada |
ALGONQUIN POWER & UTILITIES CORP.
ANNUAL AND SPECIAL MEETING OF SHAREHOLDERS
JUNE 21, 2011
VOTING RESULTS
Resolution #1:
On a show of hands, the Chairman declared that the shareholders ratified the re-appointment of KPMG LLP, Chartered Accountants, as auditors of the Corporation and authorizing the directors of the Corporation to fix the remuneration of the auditors.
Proxies Tabulated:
For: | 49,429,337 | |||
Withheld: | 664,311 | |||
Total: | 50,093,648 |
Resolution #2:
On a ballot, shareholders ratified the Election of directors for all nominees listed below:
Ballots Tabulated:
| For | Withheld | |||||||
Christopher J. Ball | 44,903,587 | 716,062 | ||||||
Christopher Huskilson | 24,521,995 | 21,097,654 | ||||||
Christopher Jarratt | 22,843,992 | 22,775,657 | ||||||
Kenneth Moore | 42,874,674 | 2,744,975 | ||||||
Ian Robertson | 22,846,681 | 22,772,968 | ||||||
George L. Steeves | 41,998,245 | 3,621,404 | ||||||
Resolution #3:
On a show of hands, the Chairman declared that the shareholders ratified the special resolution providing that the Corporation’s articles be amended to change the name of the Corporation to such name as may be determined by the Board from time to time.
Proxies Tabulated:
For: | 49,608,079 | |||
Against: | 505,882 | |||
Total: | 50,113,961 |
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Algonquin Power & Utilities Corp.
Voting Results
Resolution #4:
On a show of hands, the Chairman declared that the shareholders ratified the resolution approving a strategic investment agreement (“Strategic Investment Agreement”) with Emera Inc. (“Emera”).
Proxies Tabulated:
| * | For: | 36,720,770 | ||||
Against: | 345,748 | |||||
Total: | 37,066,518 |
| * | Excludes 8,523,000 shares owned by Emera |
Resolution #5:
On a show of hands, the Chairman declared that the shareholders ratified the resolution approving the transactions proposed with Emera, to the extent that any one or more of such transactions may result in Emera holding 20% or more of the Corporation’s outstanding common shares (“Shares”), subject to Emera’s holdings not exceeding 25% of the outstanding Shares.
Proxies Tabulated:
| * | For: | 36,698,320 | ||||
Against: | 368,198 | |||||
Total: | 37.066,518 |
| * | Excludes 8,523,000 shares owned by Emera |
Resolution #6:
On a show of hands, the Chairman declared that the shareholders ratified the resolution approving the waiver of the Corporation’s shareholder rights plan to acquisitions of Shares by Emera under transactions completed in accordance with the Strategic Investment Agreement.
Proxies Tabulated:
For: | 45,076,518 | * | For: | 36,553,518 | ||||||||
Against: | 953,000 | Against: | 953,000 | |||||||||
Total: | 46,029,518 | Total: | 37,506,518 |
| * | Excludes 8,523,000 shares owned by Emera |
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Algonquin Power & Utilities Corp.
Voting Results
Resolution #7:
On a show of hands, the Chairman declared that the shareholders ratified the resolution to approving amendments to the Corporation’s stock option plan.
Proxies Tabulated:
For: | 45.025,077 | |||
Against: | 1,004,441 | |||
Total: | 46,029,518 |
Resolution #8:
On a show of hands, the Chairman declared that the shareholders ratified the resolution approving the Corporation’s employee share purchase plan.
Proxies Tabulated:
For: | 45,432,822 | |||
Against: | 596,696 | |||
Total: | 46,029,518 |
Resolution #9:
On a show of hands, the Chairman declared that the shareholders ratified the resolution approving the Corporation’s directors’ deferred share unit plan.
Proxies Tabulated:
For: | 45,053,259 | |||
Against: | 976,259 | |||
Total: | 46,029,518 |
Dated this 21st day of June, 2011.
| CIBC MELLON TRUST COMPANY | ||||
| /s/ Anoosheh Farzanegan | /s/ Bill Zawada | |||
| Anoosheh Farzanegan | Bill Zawada | |||
ALGONQUIN POWER & UTILITIES CORP.
ANNUAL AND SPECIAL MEETING OF SHAREHOLDERS
JUNE 21, 2011
PROXYHOLDER LIST
NAME OF APPOINTEE | SHAREHOLDER NAME | NUMBER OF SHARES | ||||
Christopher Ball | Various Shareholders | 24,881 | ||||
George Steeves | Various Shareholders | 5,250 | ||||
Management Proxy (Christopher Ball) | Various Shareholders | 50,113,961 | ||||
| Total: | 50,144,092 | |||||