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Ballard Power Systems
Company Profile

Ballard Power Systems (NASDAQ: BLDP, TSX: BLDP) is a dynamic team of professionals, including marketers, analysts, engineers, and energy experts, dedicated to pushing the boundaries of clean energy technology.

Based in Vancouver, Canada, our workforce of over 800 individuals, with backgrounds in aerospace and automotive industries, drives our innovation forward. Rooted in principles of equity and environmental responsibility, we are committed to shaping a sustainable future through cutting-edge fuel cell solutions.

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Here for the world

Here for the world

Our Sustainability ESG Report

Driving impact through strong environmental,social and governance practice. At Ballard, sustainability is an integral part of all that we do. Our vision of Here for Life™ connotes our purpose to decarbonize mobility, to mitigate the existential threat of climate change, and pass on to the next generation a more livable planet.

Our ESG strategy is an important part of guiding that vision and bringing focus to the material ESG considerations embedded into how we work—helping us attract world-class talent, drive our own carbon neutral ambition and accelerate bringing zero-carbon mobility and stationary solutions to the global energy transition.

Since we released our first ESG report in 2019, we’ve continued our dedication to these material areas and are pleased to see results for these effort.

Our Commitment to Effective Corporate Governance

Our Board and senior management consider good corporate governance as central to our effective and efficient operation. We believe companies that follow well-accepted principles of “good governance” have less risk and generate greater long term value for their shareholders.

“Governance” encompasses how the Board is structured and how it operates, the Board’s approach to executive compensation and shareholder engagement as well as the Board’s oversight of the company’s risk management processes.

Our corporate governance practices are reflected in our “Corporate Governance Guidelines”, which provide for director qualification standards, director responsibilities, form and amount of director compensation, director orientation and continuing education, management succession planning and performance evaluation of the Board.

Corporate Watch

Ballard is committed to the highest standards of ethics and compliance and promotes a culture of ethics and integrity throughout the company. We encourage our employees to report any situation that appears to involve a breach of the company’s ethical or legal obligations. We also encourage those outside company to report concerns about any wrongdoing.

Ballard has adopted a reporting system to receive any anonymous reports or allegations of wrongdoing. Individuals who become aware of wrongdoing or suspected wrongdoing are encouraged to make a report as soon as possible.

This web reporting site www.ballard.ethicspoint.com and toll-free numbers 1-866-412-3123 (within North America) have been set up for this sole purpose.

TSX:BLDP

Ballard Power Systems

$2.08

(-4.15%)

NASDAQ: BLDP

Ballard Power Systems

$1.48

(-3.90%)