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Step Energy Services Ltd

STEP Energy Services Ltd. Announces Annual General Meeting Voting Results and Appointment of Board Chair and Lead Director

CALGARY, Alberta--(BUSINESS WIRE)--Jun. 4, 2025-- STEP Energy Services Ltd. (“STEP”) (TSX: STEP) is pleased to announce that at its 2025 annual general meeting of shareholders held on June 4, 2025, each of the following seven nominees were elected as directors of STEP on a vote passed by ballot to serve until the next annual meeting of shareholders of STEP, or until their successors are elected or earlier appointed. Proxies were received on this matter as follows:

Nominee

# Votes For

% Votes For

# Votes Withheld

% Votes Withheld

Jacqueline Forrest

57,860,636

99.959%

23,575

0.041%

Jeremy W. Gackle

57,853,729

99.947%

30,482

0.053%

Stephen M. Glanville

57,881,036

99.995%

3,175

0.005%

James D. Harbilas

57,861,440

99.961%

22,771

0.039%

Michael Kelly

57,880,036

99.993%

4,175

0.007%

Edward D. LaFehr

57,860,636

99.959%

23,575

0.041%

Rachel M. Moore

57,882,036

99.996%

2,175

0.004%

Final voting results on all matters voted on at the meeting will be filed on SEDAR+ (www.sedarplus.ca).

Board and Committee Appointments

In a meeting of STEP’s board of directors that occurred immediately after the 2025 annual general meeting, Mr. Jeremy Gackle was appointed chair of STEP’s board of directors, and Mr. Edward LaFehr was appointed its lead director by STEP’s independent directors.

The board is also pleased to announce the composition of the board committees, and each committee chair, as set out in the following table:

Audit Committee

Compensation and Corporate Governance Committee

Health, Safety and Environment Committee

James Harbilas (chair)

Rachel Moore (chair)

Edward LaFehr (chair)

Michael Kelly

Jeremy Gackle

Jacqueline Forrest

Rachel Moore

James Harbilas

Stephen Glanville

ABOUT STEP

STEP is an energy services company that provides hydraulic fracturing, fluid and nitrogen pumping, and coiled tubing solutions. Our combination of modern equipment along with our commitment to safety and quality execution has differentiated STEP in plays where wells are deeper, have longer laterals, and higher pressures. STEP has a high-performance, safety-focused culture, and our experienced technical office and field professionals are committed to providing innovative, reliable, and cost-effective solutions to our clients.

Founded in 2011 as a specialized deep capacity coiled tubing company, STEP has grown into a North American service provider delivering completion and stimulation services to exploration and production (“E&P”) companies in Canada and the U.S. Our Canadian services are focused in the Western Canadian Sedimentary Basin (“WCSB”), while in the U.S., our fracturing services are focused on the Permian basin and our coiled tubing services are focused on the Permian and Eagle Ford in Texas, the Uinta-Piceance, and Niobrara-DJ basins in Colorado and the Bakken in North Dakota.

Our four core values; Safety, Trust, Execution, and Possibilities inspire our team of professionals to provide differentiated levels of service, with a goal of flawless execution and an unwavering focus on safety.

For more information please contact:

Steve Glanville
President and Chief Executive Officer
Telephone: 403-457-1772

Klaas Deemter
Chief Financial Officer
Telephone: 403-457-1772

Web: www.stepenergyservices.com

Source: STEP Energy Services Ltd.