Mr. Stefano Romanin reports
WESTBRIDGE RENEWABLE ANNOUNCES VOTING RESULTS AND COMPLETION OF CONTINUATION
Westbridge Renewable Energy SA (formerly Westbridge Renewable Energy Corp.) has released the voting results of the company's annual and special meeting of shareholders held on April 7, 2026, to approve the continuation of the company out of the province of British Columbia to the Grand Duchy of Luxembourg with continuation of the company's legal personality as a public limited company (societe anonyme) under the name Westbridge Renewable Energy SA and, consequently, the change of the nationality of the company, as well as certain ancillary resolutions.
A total of 14,477,633 common shares were represented in person or by proxy at the meeting, constituting approximately 55.26 per cent of the company's total issued and outstanding common shares as of the record date for the meeting. All resolutions presented to the meeting were approved with over 99 per cent votes in favour of each.
The continuation was approved by the company's shareholders at the meeting and became effective April 8, 2026. Details of the continuation are more particularly set out in the company's circular, available under the company's profile on SEDAR+.
The TSX Venture Exchange has conditionally approved the continuation. In connection with the continuation, the company's name has changed from Westbridge Renewable Energy Corp. to Westbridge Renewable Energy SA, which formal name change remains subject to final TSX-V approval.
The company's common shares are expected to continue trading on the TSX-V, the OTCQX and the Frankfurt Stock Exchange under its existing trading symbols, subject to final exchange approvals. The company intends to remain a Canadian reporting issuer.
Election of new independent directors
The company also welcomes new independent directors Riccardo del Tufo and Flora Nachawati to the board. The election of Mr. del Tufo and Ms. Nachawati was approved at the meeting.
About Westbridge Renewable Energy Corp.
Westbridge originates, develops, operates and monetizes best-in-class, utility-scale solar photovoltaic projects, stand-alone battery energy storage projects and other clean energy-focused development. The company has a portfolio of projects in four key jurisdictions: Canada, the United States, the United Kingdom and Italy. Westbridge delivers attractive, long-term returns by originating and developing an international portfolio of renewable energy assets to support increasing demand for energy and grid reliability. Management brings a strong record with a cumulative 40-plus development projects worldwide. As one of very few listed, pure play international solar and BESS development companies, Westbridge provides investors with access to greenfield solar and energy storage projects at the earliest stage of development, allowing them to benefit from the full development value chain. Westbridge aims to deliver renewable energy and energy storage solutions to support increasing electricity demand and grid reliability in the jurisdictions in which it operates.
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