Full results for all resolutions are set forth below.
1. Fixing number of Directors
By ordinary resolution passed via ballot, the number of directors to be elected at the Meeting was fixed at five members. The results of the ballot were as follows:
Votes For | Percent (%) | Votes Against | Percent (%) | ||||
50,410,329 | 99.87 | 65,545 | 0.13 | ||||
2. Election of Directors
By ordinary resolution passed via ballot, all of the nominees proposed as directors were duly elected as directors of Cardinal to serve until the next annual meeting or until their successors are duly appointed or elected. The results of the ballot were as follows:
Votes For | Percent (%) | Votes Withheld | Percent (%) | |||||
50,261,269 | 99.57 | 214,605 | 0.43 | |||||
47,034,981 | 93.18 | 3,440,893 | 6.82 | |||||
50,004,333 | 99.07 | 471,541 | 0.93 | |||||
47,322,192 | 93.75 | 3,153,682 | 6.25 | |||||
46,665,362 | 92.45 | 3,810,512 | 7.55 | |||||
3. Appointment of Auditors
By ordinary resolution passed via ballot,
Votes For | Percent (%) | Votes Withheld | Percent (%) | ||||
51,380,683 | 98.40 | 838,099 | 1.60 | ||||
4. Advisory Vote on Executive Compensation
By ordinary resolution passed via ballot, the non-binding advisory resolution concerning Cardinal's approach to executive compensation was approved. The results of the ballot were as follows:
Votes For | Percent (%) | Votes Against | Percent (%) | ||||
48,574,080 | 96.23 | 1,901,794 | 3.77 | ||||
About
Cardinal works to continually improve its Environmental, Safety and Governance profile and operates its assets in a responsible and environmentally sensitive manner. As part of this mandate, Cardinal injects and conserves more carbon than it directly emits making us one of the few Canadian energy companies to have a negative carbon footprint.
Cardinal is a Canadian oil and natural gas company with operations focused on low decline oil in
For further information:
Email: info@cardinalenergy.ca
Phone: (403) 234-8681
Website: www.cardinalenergy.ca
Source:
2023 GlobeNewswire, Inc., source