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Exhibit 99.2
Hydro One Limited
ANNUAL MEETING OF SHAREHOLDERS
Virtual and Thunder Bay, Ontario
June 2, 2023
REPORT OF VOTING RESULTS
Prepared in accordance with Section 11.3 of
National Instrument 51-102 Continuous Disclosure Obligations
The following matters were voted on at the annual meeting of shareholders (the “Meeting”) of Hydro One Limited (the “Company”) held virtually and in person in Thunder Bay, Ontario, on June 2, 2023. Each of the matters set out below is described in greater detail in the management information circular of the Company prepared in connection with the Meeting, which can be found at https://www.hydroone.com/investor-relations.
1. | Election of Directors |
Each of the 11 director nominees proposed for election was elected as a director of Hydro One to serve until the next annual meeting of shareholders or until their respective successors are elected or appointed.
Director | Votes For (Percent) | Votes Withheld (Percent) | ||||||||||||||
# | % | # | % | |||||||||||||
Cherie Brant | 490,148,059 | 98.63 | % | 6,784,949 | 1.37 | % | ||||||||||
David Hay | 492,246,730 | 99.06 | % | 4,686,278 | 0.94 | % | ||||||||||
Timothy Hodgson | 491,582,284 | 98.92 | % | 5,350,724 | 1.08 | % | ||||||||||
David Lebeter | 496,068,258 | 99.83 | % | 864,750 | 0.17 | % | ||||||||||
Stacey Mowbray | 493,294,427 | 99.27 | % | 3,638,581 | 0.73 | % | ||||||||||
Mitch Panciuk | 496,072,380 | 99.83 | % | 860,628 | 0.17 | % | ||||||||||
Mark Podlasly | 495,339,822 | 99.68 | % | 1,593,186 | 0.32 | % | ||||||||||
Helga Reidel | 496,009,187 | 99.81 | % | 923,821 | 0.19 | % | ||||||||||
Melissa Sonberg | 490,092,442 | 98.62 | % | 6,840,566 | 1.38 | % | ||||||||||
Brian Vaasjo | 496,673,821 | 99.95 | % | 259,187 | 0.05 | % | ||||||||||
Susan Wolburgh Jenah | 487,892,229 | 98.18 | % | 9,040,779 | 1.82 | % |
2. | Appointment of External Auditors |
KPMG LLP was appointed as Hydro One’s external auditors for the ensuing year and the directors were authorized to fix their remuneration.
Votes For (Percent) | Votes Withheld (Percent) | |||||||||||||
# | % | # | % | |||||||||||
496,720,895 | 99.83 | % | 825,288 | 0.17 | % |
3. | Advisory Resolution on Approach to Executive Compensation |
The advisory resolution on Hydro One’s approach to executive compensation was approved.
Votes For (Percent) | Votes Withheld (Percent) | |||||||||||||
# | % | # | % | |||||||||||
471,561,755 | 94.89 | % | 25,371,253 | 5.11 | % |
Table of Contents
DATED this 2nd day of June, 2023.
HYDRO ONE LIMITED | ||
/s/ Cassidy McFarlane | ||
Name: | Cassidy McFarlane | |
Title: | General Counsel |
[Report of Voting Results (2023 AGM) – Hydro One Limited]