On March 10, 2020, Pattern Energy Group Inc. issued a statement regarding the Proxy Alert report published by ISS on March 9, 2020, regarding the Company's pending merger transaction with Canada Pension Plan Investment Board. The Company's Board of Directors lauds ISS for recognizing that stockholders should 'reconsider the certainty of cash' of the transaction in light of the recent market volatility and the potential impact of oil prices on the market, which ISS describes as 'a factor that can be expected to heavily impact renewable energy firms' future prospects.' The Board recommends stockholders vote 'for' the transaction.