RCS - Polaris Renewable - Polaris Announces Results of Director Elections

Polaris Renewable EnergyAnnouncement

23/06/2023 08:15

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RNS Number : 6644D  Polaris Renewable Energy Inc  22 June 2023

Polaris Renewable Energy Announces Results of Director Elections at Annual and
Special Meeting

TORONTO, ON / ACCESSWIRE / June 22, 2023 / Polaris Renewable Energy Inc.
(TSX:PIF) ("Polaris" or the "Company"), is pleased to announce that all six
director nominees proposed by management were elected as directors of the
Company at its annual and special meeting of shareholders held via live video
webcast today. Each director will hold office until the close of the next
annual meeting of the Company's shareholders or until their successors are
duly elected or appointed. The following are the voting results

based on proxies received and a vote by online ballot:

 Director                     Numberof Votes               Percentage of Votes
                              Votes For:  Votes Withheld:  Votes For:  Votes Withheld:
 Jaime Guillen                8,644,107   664,421          92.86%      7.14%
 James V. Lawless             7,903,008   1,405,520        84.90%      15.10%
 Marc Murnaghan               9,284,948   23,580           99.75%      0.25%
 Marcela Paredes de Vásquez   8,646,802   661,726          92.89%      7.11%
 Catherine Fagnan             7,902,132   1,406,396        84.89%      15.11%
 Adarsh P. Mehta              9,220,335   88,193           99.05%      0.95%

About Polaris Renewable Energy Inc.

Polaris Renewable Energy Inc. (formerly, Polaris Infrastructure Inc.) is a
Canadian publicly traded company engaged in the development, construction,
acquisition, and operation of renewable energy projects in Latin America.

The Company's operations are in 5 Latin American countries and include a
geothermal plant (~72 MW), 4 run-of-river hydroelectric plants (~33 MW), and 3
solar (photovoltaic) projects now in operation (~35 MW).

For more information, contact:

Investor Relations

Polaris Renewable Energy Inc.

Phone: +1 647-245-7199

Email: info@PolarisREI.com (mailto:info@PolarisREI.com)

SOURCE: Polaris Renewable Energy Inc.

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