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Vermilion Energy Inc

Vermilion Energy Inc. Reports Voting Results of Annual General Meeting

CALGARY, AB , May 8, 2025 /CNW/ - Vermilion Energy Inc. ("Vermilion") (TSX: VET) (NYSE: VET) is pleased to announce the voting results from our annual meeting of shareholders held on May 7, 2025. A total of 77,221,704 common shares representing 50.03% of Vermilion's issued and outstanding common shares were voted in connection with the meeting.

The vote on each matter was conducted by ballot. The manner in which the proxies were voted or ballots cast, as applicable, in respect of each matter is set out below.

1. Ordinary resolution to approve fixing the number of directors of Vermilion to be elected at the Meeting at eight (8).

Votes For

Votes Against

Number

Percent (%)

Number

Percent (%)

76,053,790

98.49 %

1,166,014

1.51 %

2. Ordinary resolution to approve the election of the following eight nominees to serve as directors of Vermilion for the ensuing year, or until their successors are duly elected or appointed, as described in the Information Circular.

Name of Nominee

Votes For

Votes Withheld


Number

Percent (%)

Number

Percent (%)

Myron M. Stadnyk

55,601,819

96.06 %

2,279,244

3.94 %

Dion Hatcher

55,425,557

95.76 %

2,455,507

4.24 %

James J. Kleckner Jr.

55,225,595

95.41 %

2,655,468

4.59 %

Carin S. Knickel

55,492,197

95.87 %

2,388,867

4.13 %

Stephen P. Larke

55,043,866

95.10 %

2,837,198

4.90 %

William B. Roby

55,499,420

95.89 %

2,381,644

4.11 %

Manjit K. Sharma

54,749,114

94.59 %

3,131,950

5.41 %

Judy A. Steele

55,518,916

95.92 %

2,362,148

4.08 %

3. Ordinary resolution to approve the appointment of Deloitte LLP, Chartered Accountants, as auditors of Vermilion for the ensuing year.

Votes For

Votes Withheld

Number

Percent (%)

Number

Percent (%)

74,972,548

97.09 %

2,247,258

2.91 %

4. Ordinary resolution to accept on an advisory basis the approach to executive compensation, as disclosed in the Information Circular.

Votes For

Votes Against

Number

Percent (%)

Number

Percent (%)

54,616,668

94.36 %

3,263,278

5.64 %

5. Ordinary resolution to approve the unallocated entitlements under the Omnibus Incentive Plan.

Votes For

Votes Against

Number

Percent (%)

Number

Percent (%)

54,250,955

93.73 %

3,628,991

6.27 %

Robert B. Michaleski and Timothy R. Marchant did not stand for re-election at the annual meeting of shareholders and accordingly retired from the Board at the end of their current terms. Vermilion extends its appreciation to Mr. Michaleski and Mr. Marchant for their service, commitment, and invaluable contributions during their respective tenures as directors of Vermilion.

About Vermilion

Vermilion is a global gas producer that seeks to create value through the acquisition, exploration, development and optimization of producing assets in North America, Europe and Australia. The Company's business model emphasizes free cash flow generation and returning capital to investors when economically warranted, augmented by value-adding acquisitions. Vermilion's operations are focused on the exploitation of light oil and liquids-rich natural gas conventional and unconventional resource plays in North America and the exploration and development of conventional natural gas and oil opportunities in Europe and Australia.

Vermilion's priorities are health and safety, the environment, and profitability, in that order. Nothing is more important than the safety of the public and those who work with Vermilion, and the protection of the natural surroundings. In addition, the Company emphasizes strategic community investment in each of its operating areas.

Vermilion trades on the Toronto Stock Exchange and the New York Stock Exchange under the symbol VET.

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SOURCE Vermilion Energy Inc.