6-K
Fortis Inc. (FTS)
UNITED STATESSECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16OF THE SECURITIES EXCHANGE ACT OF 1934
For the month of May, 2020
Commission File Number: 001-37915
Fortis Inc.
Fortis Place, Suite 11005 Springdale StreetSt. John's, Newfoundland and LabradorCanada, A1E 0E4
(Address of Principal Executive Office)
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F: Form 20-F ☐ Form 40-F ☒
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): ☐
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): ☐
EXHIBITS
| Exhibit | Description |
|---|---|
| 99.1 | Fortis Inc. Press Release, dated May 7, 2020. |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
| **** | Fortis Inc. | |
|---|---|---|
| (Registrant) | ||
| Date: May 7, 2020 | /s/ James R. Reid | |
| By: | James R. Reid | |
| Title: | Executive Vice President, Chief Legal Officer and | |
| Corporate Secretary |
Exhibit 99.1
St. John's, NL – May 7, 2020
FORTIS INC. SHAREHOLDERS APPROVE ELECTION OF DIRECTORS,APPOINTMENT OF AUDITORS, ADVANCE NOTICE BY-LAW NO.2
AND SAY ON PAY
Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE: FTS) announced the voting results from its Annual and Special Meeting of Shareholders held virtually today. Shareholders voted in favour of all items of business before the meeting, including electing the nominated directors, appointing Deloitte LLP as the Corporation's auditors, approving Advance Notice By-Law No. 2 and voting on an advisory basis to accept the Corporation's approach to executive compensation.
Election of Directors
Fortis shareholders elected the following 10 individuals to the Fortis board of directors to serve until the next Annual Meeting of Shareholders or until their successors are elected or appointed:
| Nominee | # Votes For | % Votes For | # Votes Withheld | % Votes Withheld |
|---|---|---|---|---|
| Tracey C. Ball | 260,044,827 | 99.83 | 443,689 | 0.17 |
| Pierre J. Blouin | 258,240,691 | 99.14 | 2,248,315 | 0.86 |
| Paul J. Bonavia | 259,767,875 | 99.72 | 722,733 | 0.28 |
| Lawrence T. Borgard | 259,968,499 | 99.80 | 520,507 | 0.20 |
| Maura J. Clark | 257,752,242 | 98.95 | 2,736,763 | 1.05 |
| Margarita K. Dilley | 258,053,475 | 99.06 | 2,437,133 | 0.94 |
| Julie A. Dobson | 258,289,628 | 99.16 | 2,199,378 | 0.84 |
| Douglas J. Haughey | 258,385,929 | 99.19 | 2,103,077 | 0.81 |
| Barry V. Perry | 258,169,605 | 99.11 | 2,321,003 | 0.89 |
| Jo Mark Zurel | 257,839,275 | 98.98 | 2,649,731 | 1.02 |
Appointment of Auditors
Shareholders of the Corporation approved the appointment of DeloitteLLP as the Corporation's auditors to hold office until the close of the next Annual Meeting of Shareholders.
| # Votes For | % Votes For | # Votes Withheld | % Votes Withheld |
|---|---|---|---|
| 268,047,414 | 99.80 | 527,719 | 0.20 |
-2-
Advance Notice By-Law No. 2
Shareholders approved a new advance notice by-law setting outadvance notice requirements for director nominations.
| # Votes For | % Votes For | # Votes Against | % Votes Against |
|---|---|---|---|
| 259,821,984 | 99.71 | 757,008 | 0.29 |
Say on Pay
Shareholders approved the non-binding advisory vote regarding the Corporation's approach to executive compensation ("Say on Pay").
| # Votes For | % Votes For | # Votes A****gainst | % Votes A****gainst |
|---|---|---|---|
| 252,683,377 | 96.97 | 7,897,913 | 3.03 |
About Fortis
Fortis is a well-diversified leader in the North American regulated electric and gas utility industry, with 2019 revenue of $8.8 billion and total assets of $57 billion as at March 31, 2020. The Corporation's 9,000 employees serve utility customers in five Canadian provinces, nine U.S. states and three Caribbean countries.
Fortis shares are listed on the TSX and NYSE and trade under the symbol FTS. Additional information can be accessed at www.fortisinc.com, www.sedar.com, or www.sec.gov.
For more information please contact
Investor Enquiries:
Ms. Stephanie Amaimo
Vice President, Investor Relations
Fortis Inc.
248.946.3572
Media Enquiries:
Ms. Karen McCarthy
Vice President, Communications and Corporate Affairs
Fortis Inc.
709.737.5323