Ballard Announces Change of Transfer Agent

Ballard Power Systems (NASDAQ: BLDP; TSX: BLDP) has announced a significant change in its transfer agent. As of August 11, 2025, Odyssey Trust Company will take over from Computershare Trust Company in managing shareholder services. This transition is intended to enhance service efficiency and streamline operations for Ballard’s shareholders.

Importantly, shareholders are advised that no action is required on their part concerning this change. All existing records, including share transfers, address changes, and inquiries about lost certificates, should now be directed to Odyssey Trust Company. The company has provided specific contact details for shareholder concerns, including a direct phone line at 1-587-885-0960 and a toll-free number for Canada and the U.S. at 1-888-290-1175. Shareholders can also reach out via email at shareholders@odysseytrust.com or seek assistance through Odyssey's website at https://odysseytrust.com/ca-en/help/.

Ballard Power Systems is dedicated to advancing sustainable energy solutions through its zero-emission PEM fuel cells, which are crucial for the electrification of various mobility sectors, including public transportation, freight, and maritime uses, as well as stationary power applications. The company continually strives to contribute to global sustainability initiatives through innovative fuel cell technology.

For additional investor-related inquiries, individuals can contact Sumit Kundu in Investor Relations at +1-604-453-3517 or via email at investors@ballard.com.

This transfer agent change is expected to foster a smoother experience for shareholders as Ballard Power Systems continues to pursue its vision of delivering fuel cell power solutions. For further updates, interested parties are encouraged to visit www.ballard.com or refer to the original news release for more details.

Ballard Power Systems’ recent announcement regarding the change of their transfer agent from Computershare to Odyssey Trust Company, effective August 11, 2025, marks a significant administrative shift that investors should closely monitor. This transition may be perceived in various ways, impacting shareholder perceptions and market performance.

Firstly, the appointment of Odyssey Trust could indicate Ballard’s intention to enhance its shareholder services, as trust companies often specialize in providing superior customer service and a streamlined process for handling shares. Effective and responsive transfer agent services may improve shareholder satisfaction, which is critical for maintaining investor confidence, particularly in the fluctuating clean energy sector where Ballard operates.

From a market standpoint, shifts in transfer agents can occasionally lead to volatility in share performance due to investor reactions and perception of the company's operational stability. Therefore, stakeholders should remain vigilant during this transition period. It can be prudent for current shareholders to direct any inquiries regarding their holdings to Odyssey Trust Company to avoid any potential disruptions or misunderstandings regarding their share assets.

Furthermore, Ballard Power Systems is positioned at the forefront of the fuel cell market, focusing on zero-emission technologies that align with global sustainability goals. This strategic positioning enhances its long-term growth prospects, making it a compelling option for investors interested in green technology sectors. As such, while the transfer agent shift may create some short-term noise, the overall outlook on Ballard should remain focused on its robust fundamentals and growth trajectory in the clean energy market.

Overall, it is advisable for investors to stay informed about developments related to the transfer agent change while also keeping an eye on the company’s operational performance and strategic initiatives. Long-term investors might view this transition as an opportunity to capitalize on the ongoing shift toward sustainable energy solutions.