Altius Renewable Royalties Corp Annual Shareholders Meeting Transcript

May 24, 2023 / 07:00PM GMT
Operator

Ladies and gentlemen, welcome to the Annual General 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 A. Ludlow - Altius Renewable Royalties Corp. - Independent Chairman

Good afternoon, everyone. I'm Earl Ludlow, Chair of the Board of Directors of Altius Renewable Royalties Corp. And welcome to our Annual General 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 58% 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 is through this joint venture that the company makes its investment 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 long-term goals and

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