Altius Renewable Royalties Corp Annual Shareholders Meeting Transcript

Jun 02, 2022 / 07:00PM GMT
Unidentified Participant

Ladies and gentlemen, welcome to the annual and special meeting of Altius Renewable Royalties Corp. Please note that this meeting is being recorded. I would like to introduce Earl Ludlow, Chair of the Board of Directors of Altius Renewable Royalties Corp. Mr. Ludlow, please go ahead.

Earl Ludlow - Altius Renewable Royalties Corp. - Chairman

Good afternoon, everyone. I am Earl Ludlow, Chair of the Board of Directors of Altius Renewable Royalties Corp. And welcome to our annual and special meeting, which is being conducted virtually.

I would like to take this opportunity to briefly introduce the structure of the company. As you may know, ARR is 59% owned by Altius Minerals, a TSX-listed company. ARR itself owns 50% of an operating entity, Great Bay Renewables, in a joint venture with Apollo Funds. It's through this joint venture that the company makes its investments in the renewable energy market.

The key role of the ARR Board is to provide oversight to capital allocation decisions and to provide guidance on strategy, short- and

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