Power Sustainable announces new appointment to Board of Directors.

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Montreal, QC, and Calgary, AB, September 24, 2024 – Power Sustainable, a sustainability-focused alternative investment manager, today announced the appointment of Aarnoud van Weelderen to its Board of Directors. Mr. van Weelderen brings significant financial and physical energy commodities experience to Power Sustainable, having spent nearly 30 years working in the space at various global financial institutions.

“It is my pleasure to welcome Aarnoud to the Power Sustainable Board of Directors,” said Olivier Desmarais, Chairman and CEO of Power Sustainable. “We look forward to applying his keen insights on global commodity markets to further our mission of catalyzing capital towards sustainable global solutions.”

Mr. van Weelderen is Senior Managing Director at Macquarie Group’s Commodities & Global Markets division. Prior to that, he was a Managing Director within the Global Commodities Group of J.P. Morgan Chase and a Vice President in the Fixed Income, Currency and Commodities division of Goldman Sachs.

“Power Sustainable aims to financially empower the systemic transition to a sustainable economy,” said Mr. van Weelderen. “I’m thrilled to be joining them in this important mission, and I am optimistic for the future of this business.”

Mr. van Weelderen joins fellow board members Olivier Desmarais, Scott Brison, Régine Clément, André Desmarais, Claude Généreux, Denis Le Vasseur, Jacques Parisien, Gregory Chrispin, and Raman Srivastava, as well observers to the Board Paul Genest, Ambassador Bruce Heyman, Peter Kruyt and Michel Plessis- Bélair.

About Power Sustainable

Power Sustainable is a sustainability-focused alternative investment manager which finances companies and projects that aim for both competitive returns and positive sustainability outcomes. The firm offers institutional investors exposure to alternative assets, which aim to accelerate and scale sustainable solutions across multiple industries.

Power Sustainable is a subsidiary of Power Corporation of Canada (TSX: POW) (TSX: POW.PR.E), an international management and holding company that focuses on financial services in North America, Europe, and Asia.

With CAD$3.9 billion in assets under management (as of June 30, 2024), Power Sustainable’s mission is to catalyze capital towards clean global solutions. Learn more on Power Sustainable’s LinkedIn and Website.

For more information, contact:

Ian Cameron
Director of Communications
438 308-7697
cameron@powersustainable.com