Ballard Power Systems Inc BLDP

Ms. Kate Igbalode, Ballard's SVP and CFO and was previously serving as the company's Vice President Corporate Finance & Strategy. Prior to joining Ballard in 2021, she most recently acted as a Director of Finance with Suncor Energy, Canada's largest integrated energy company, and held senior engineering roles with a leading Canadian energy company, the BC Energy Regulator, and consulting firms in the US and Canada. She holds an engineering degree from Colorado School of Mines and completed post-graduate economics curriculum from Queen's University. She is a registered Professional Engineer with the Association of Professional Engineers and Geoscientists of Alberta. Formerly Vice President, Corporate Finance, Strategy & Investor Relations of Ballard, and formerly Director, Investor Relations at Suncor (2019-2021)

Mr. Roche is founder, President & CEO of Stratford Group Ltd. (management consulting services) and Chair of ThinkRF Corp. (communications equipment manufacturer), a position he has held since 2016. Prior to that, Mr. Roche was CEO of ThinkRF Corp. from 2016 to 2025, co-founder, President & CEO of Tundra Semiconductor (semiconductor component manufacturer) from 1995 to 2006 and founding member and executive at Newbridge Networks (communications equipment manufacturer) from 1986 to 1995.

Ms. Bayless' principal occupation is corporate director. Ms. Bayless is a member of the Board and Audit Committee Chair of Veeco Instruments Inc. (electronics manufacturing equipment) and Amprius Technologies, Inc. (lithium-ion battery manufacturing). Previously Ms. Bayless held various executive roles at public technology companies, including SVP Chief Financial Officer and Treasurer at Synaptics, Incorporated as well as Komag, Incorporated. Ms. Bayless is a Certified Public Accountant in California.

Mr. Neese is President & Chief Executive Officer of Ballard, a position he has held since 2025. Previously, Mr. Neese was CEO of Verdagy Inc. (electrolysis and hydrogen production). He is also co-founder of Nuvosil AS (silicon recycling). Previously, he was Chief Operating Officer of Velodyne LiDAR, Inc. (autonomous vehicles) from February 2017 to October 2017. Prior to that, over the past 20 years, Mr. Neese held various executive positions at SunPower Corporation (solar power equipment and services), Flextronics (electronics manufacturing services), and Solectron Corporation (electronics manufacturing services).

Mr. Hayhurst's principal occupation is corporate director. Previously, Mr. Hayhurst was a Global Industry Leader with IBM Canada Business Consulting Services (consulting services) and with PricewaterhouseCoopers Management Consultants (consulting services). Prior to that, Mr. Hayhurst held various senior executive management roles with Price Waterhouse Canada including National Deputy Managing Partner (Toronto) and Managing Partner for British Columbia (Vancouver). Mr. Hayhurst received a Fellowship (FCA) from the Institutes of Chartered Accountants of British Columbia and of Ontario. He has completed the Directors Education Program of the Institute of Corporate Directors and has received his ICD.D designation.

Mr. Muehlhaeuser's principal occupation is Corporate Director. Mr. Muhlhauser is Board Chair of Kelvion Holding Ltd. (heat exchangers); FlaktGroup Ltd. (air handling technology solutions) and TAKKT AG (business equipment distributor). Previously he was Chairman & CEO of Pontem Corporation (special purpose acquisition company) and CEO and Executive Director at CNH Industrial N.V. (capital goods manufacturer), CEO and Executive Director at Welbilt Inc. (food and beverage equipment) and Sr. Vice President and General Manager at AGCO Corporation (agricultural equipment).

Ms. Dedo is co-founder of Aware Mobility LLC (ACES development & consulting) and a corporate director. Prior to that, Ms. Dedo held various executive roles at Dana Holding Corp. (now Dana Incorporated, automotive component supplier), Piston Group (automotive manufacturing), The Timken Company (industrial machinery manufacturing), Motorola (computer and electronics manufacturing), and Robert Bosch Corporation (automotive component & systems supplier). Ms. Dedo earned her B.Sc. in electrical engineering from Kettering University.

Oben Uluc was appointed Ballard's Vice President, Sales & Marketing in September 2025. Mr. Uluc's responsibilities include global business development, sales, marketing and strategic partnerships. Oben joined Ballard in 2015. Most recently he served as VP, Sales & Marketing EMEA Region. He has held senior commercial leadership positions at global technology companies such as Siemens AG of Germany and Corning Inc of USA. Oben has earned a Bachelor of Science degree in Telecommunications & Electronics Engineering at Istanbul Technical University. He has completed Global Leadership Program at Tuck Business School, Dartmouth College and Essentials of Marketing Program at Wharton, University of Pennsylvania.

Mr. Wang is Director of Strategy and Planning Department at Weichai Power Co. Ltd. (diesel engine, powertrain and hydraulic products manufacturing), Director at Weichai Honki (Japan) Technology (intelligent manufacturing, clean energy vehicle development), and Director at China National Center of Technology Innovation for Fuel Cell. Mr. Wang has a degree in Thermal Energy and Power Engineering from Shandong University, and has worked for Weichai Power as the leader in production, quality control, lab testing and strategy planning, and as General Manager for Societe Internationale des Moteurs Baudouin (marine propulsion systems).

Kevin Colbow was appointed Chief Technology Officer in March 2019. Dr. Colbow's responsibilities include Research, Product Engineering and Program Management. He also provides leadership of the Company's Technology Solutions business segment, including Engineering Services and Intellectual Property licensing. Dr. Colbow joined Ballard in 1994 and his areas of responsibilities have included research and development, product development, technology portfolio management and product management. He was Director of Research and Development until March 2010, when he was appointed Director of Product Management & Solutions Engineering with responsibility for fuel cell stack products. Dr. Colbow joined the Ballard Executive Team in February 2014 and served as Vice President, Technology Solutions. Most recently, from February 2016 to March 2019, he served as Vice President, Technology and Product Development. Following receipt of a Bachelor of Science in Chemical Physics from Simon Fraser University in 1986, Dr. Colbow completed a Master of Science in lithium-ion rechargeable batteries at the University of British Columbia and, in 1992, completed a Ph.D. in photoelectron and soft x-ray spectroscopy on semiconductor surfaces. Dr. Colbow has also completed the Certificate Program for Technology Management at the California Institute of Technology and has 23 patents in the area of PEM fuel cells.

Mr. Chen currently serves as the CEO of Weichai Ballard Hy-energy Technologies Co. Ltd. and Vice General Manager of Weichai Holding Group Co., Ltd. (diesel engine manufacturing). He has served in various engineering and management roles at Weichai Power Co., Ltd, (diesel engine, powertrain and hydraulic products manufacturing) since 2010. Mr. Chen earned a PhD in Power Engineering and Engineering Thermophysics from Tsinghua University.

Lee Sweetland was appointed SVP and Chief Operating Officer in September 2024. Dr. Sweetland will be responsible for Ballard's transformation office, including program line management, cost reduction and major capital project leadership. Dr Sweetland brings over 23 years experience of project management, operations and process technology development. Dr Sweetland joined Ballard in May 2018 and led the 6x expansion of Burnaby's operations, the 3x3 cost reduction program and the next generation bipolar plate cost reduction and process scale up project. Prior to Ballard, Dr. Sweetland served as Manufacturing Technology Director in the New Markets sector of Johnson Matthey PLC, UK. He spent a total of 18 years in JM, across all sectors, with a specific focus on capital project management, continuous improvement and operations management, including 5 years in JM's Fuel Cell business. Following receipt of a Bachelor of Engineering (honors) in Chemical Engineering from Loughborough University, UK in 1994, Dr. Sweetland completed a Ph.D. in the removal of pesticides from drinking water in 1997, also at Loughborough University . He has 4 patents filings in the area of manufacturing PEM fuel cells. Formerly Senior Vice President and Chief Transformation Officer, and formerly Vice President Advanced Manufacturing of Ballard and Director, Advanced Manufacturing of Ballard

Sarbjot (Jyoti) Sidhu was appointed SVP, Chief People & Culture Officer in October 2022. Ms. Sidhu has global leadership responsibility for People and Culture and is a role model for the values Ballard embraces. Ms. Sidhu joined Ballard in 2000. Most recently she served as , SVP, Operations since 2018.She had global leadership responsibility for Operations, including EH&S, Quality, Supply Chain, Production, Maintenance and Facilities. She previously held positions in Corporate quality, Production Management, EH&S and Production Planning. Ms. Sidhu has led significant projects during her tenure at Ballard, including company-wide training on lean Six Sigma, leadership of Ballard's continuous improvement program and an ERP implementation in the areas of Procure to Pay, Supply Chain and Manufacturing. In addition, Ms. Sidhu serves on Oracle's Supply chain advisory board. Ms. Sidhu earned a Master of Business Administration from Simon Fraser University in 2013 as well as a certificate in Operations Management from British Columbia Institute of Technology in 2008.

Ms. Woodruff's principal occupation is corporate director. Previously, Ms. Woodruff served as acting CEO to the Transportation Investment Corporation (transportation infrastructure management) from 2014 to 2015, advisor to the board (2013-2014) and interim Chief Financial Officer (2012-2013). Prior to that, she was Vice President and Special Advisor to BC Hydro (public utility) from 2010 to 2011; Interim President (2009-2010) and Vice President, Corporate Services and Chief Financial Officer (2007-2008) of BC Transmission Corporation (electricity transmission infrastructure); and Chief Financial Officer and Vice President, Systems Development and Performance of Vancouver Coastal Health (regional health authority) from 2003 to 2007.