ARC RESOURCES LTD. ANNOUNCES APPROVAL OF RESOLUTIONS AT ANNUAL AND GENERAL MEETING OF SHAREHOLDERS
During the business proceedings of the Meeting, ARC's shareholders approved the following resolutions:
1. Resolution to appoint 10 board members, with 65.34 per cent to 99.79 per cent of shares represented at the Meeting voting in favour of individual directors as follows:
Directors |
Approval Percentage |
|
Withheld Percentage |
|
|
95.90 % |
|
4.10 % |
|
|
98.55 % |
|
1.45 % |
|
|
95.22 % |
|
4.78 % |
|
Hugh H. Connett |
99.79 % |
|
0.21 % |
|
|
99.79 % |
|
0.21 % |
|
|
96.71 % |
|
3.29 % |
|
|
90.16 % |
|
9.84 % |
|
|
65.34 % |
|
34.66 % |
|
|
99.27 % |
|
0.73 % |
|
|
99.43 % |
|
0.57 % |
|
2. Resolution to appoint
3. Resolution to accept the Corporation's approach to executive compensation ("say on pay"), as disclosed in ARC's 2024 Information Circular – Proxy Statement, with 97.44 per cent of shares represented at the Meeting voting in favour of the advisory resolution.
Please visit ARC's website at www.arcresources.com or contact Investor Relations:
E-mail: IR@arcresources.com
Telephone: (403) 503-8600
Fax: (403) 509-6427
Toll Free: 1-888-272-4900
Suite 1200, 308 - 4 Avenue SW
SOURCE