Crescent Point Announces 2024 Annual and Special Meeting of Shareholders Results and Changes Name to Veren
Veren's shares are expected to begin trading under its new symbol "VRN" on both the TSX and NYSE on or around
Voting results for all resolutions and advisory votes are below:
1. Fixing the Number of Directors
The appointment of nine Board members for the ensuing year was approved. Votes were received as follows:
Votes For |
Percent |
Against |
Percent |
249,760,229 |
99.19 % |
2,030,411 |
0.81 % |
2. Election of Directors
The nine director nominees were elected. Votes were received as follows:
Nominee |
Votes For |
Percent |
Withheld |
Percent |
|
247,009,628 |
98.10 % |
4,781,013 |
1.90 % |
|
250,362,659 |
99.43 % |
1,427,983 |
0.57 % |
|
246,959,133 |
98.08 % |
4,831,509 |
1.92 % |
|
249,003,889 |
98.89 % |
2,786,753 |
1.11 % |
|
249,669,530 |
99.16 % |
2,121,111 |
0.84 % |
|
245,607,763 |
97.54 % |
6,182,879 |
2.46 % |
|
249,460,494 |
99.07 % |
2,330,147 |
0.93 % |
|
249,982,650 |
99.28 % |
1,807,992 |
0.72 % |
|
246,419,162 |
97.87 % |
5,371,480 |
2.13 % |
3. Appointment of Auditors
The appointment of
Votes For |
Percent |
Withheld |
Percent |
271,550,370 |
97.66 % |
6,516,814 |
2.34 % |
4. Advisory Vote on Executive Compensation
The advisory vote to accept the Company's approach to executive compensation was supported by shareholders. Votes were received as follows:
Votes For |
Percent |
Against |
Percent |
242,901,686 |
96.47 % |
8,888,953 |
3.53 % |
5. Amendment to Change Name
The special resolution to approve the Company's articles to change its name to
Votes For |
Percent |
Against |
Percent |
269,909,184 |
97.07 % |
8,157,998 |
2.93 % |
The biographies of Veren's Board members, details about the Company's environmental, social and governance ("ESG") practices and a recorded webcast from the meeting earlier today are available on the Company's website. The full terms of each resolution voted on at the meeting can be found in the Company's latest information circular, which is also available on the Company's website.
FOR MORE INFORMATION ON VEREN, PLEASE CONTACT:
Telephone: (403) 693-0020 Toll-free (US and
Address:
www.crescentpointenergy.com / www.vrn.com
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