AuditorMay 21, 2026, 05:16 PM
Westport Fuel Systems Changes Auditor to Deloitte LLP
AI Summary
Westport Fuel Systems Inc. announced a change in its auditor. KPMG LLP will not be reappointed for the year ending December 31, 2026, and Deloitte LLP has been appointed as the successor auditor, pending shareholder approval. The company's Audit Committee and board of directors approved this change on May 8, 2026, and confirmed that KPMG's previous reports contained no modified opinions and there were no "reportable events."
Key Highlights
- KPMG LLP will not stand for reappointment as Westport Fuel Systems' auditor for the year ending December 31, 2026.
- Deloitte LLP has been appointed as the successor auditor, subject to shareholder approval at the next annual meeting.
- The change was considered and approved by Westport's Audit Committee and board of directors effective May 8, 2026.
- KPMG LLP's reports on Westport's financial statements from January 1, 2024, to May 8, 2026, expressed no modified opinions.
- Westport Fuel Systems stated there are no "reportable events" as defined in National Instrument 51-102.
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