Consent of Independent Registered Public Accounting Firm
The Board of Directors
Ballard Power Systems Inc.
We, KPMG LLP, consent to the use of our report dated March 12, 2025, on the consolidated financial statements of Ballard Power Systems Inc. (the “Entity”), which comprise the consolidated statements of financial position as at December 31, 2024 and December 31, 2023, the related consolidated statements of loss and comprehensive income (loss), changes in equity and cash flows for each of the years in the two-year period ended December 31, 2024, and the related notes, and our report dated March 12, 2025 on the effectiveness of internal control over financial reporting as of December 31, 2024.
We also consent to the incorporation by reference of such reports in the Registration Statements No. 333-271785 and No. 333-225494 on Form S-8 and No. 333-271758 on Form F-10/A of Ballard Power Systems Inc.
//s// KPMG LLP
March 12, 2025
Vancouver, Canada