Report on Voting from the 2025 Annual Shareholders Meeting

In This Article:

NuVista Energy Ltd.
NuVista Energy Ltd.

CALGARY, Alberta, May 09, 2025 (GLOBE NEWSWIRE) -- (TSX - NVA) NuVista Energy Ltd. ("NuVista") announces that the following matters were approved at the annual meeting of the shareholders of NuVista held on May 9, 2025. Each of the matters is described in greater detail in the Notice of Annual Meeting of Shareholders and Information Circular dated March 24, 2025 (the "Circular").

1. Fixing the Number of Directors

By resolution passed via ballot, the number of directors to be elected at the meeting was fixed at eight (8) members. The results of the ballot were as follows:

 

 

Votes For

 

Percent

 

Votes Against

 



Percent

 

 

123,600,347

 

79.58%

 

31,709,078

 

20.42%

 

 

 

 

 

 

 

 

 

2. Election of Directors

By resolution passed via ballot, the following eight nominees were appointed as directors of NuVista to serve until the next annual meeting of shareholders of NuVista, or until their successors are elected or appointed. The results of the ballot were as follows:

Name of Nominee

 

Votes For

 

Percent

 

Votes Withheld

 



Percent

 

 

 

 

 

 

 

 

 

Pentti O. Karkkainen

 

122,025,115

 

79.19%

 

32,072,619

 

20.81%

Ronald J. Eckhardt

 

121,781,922

 

79.03%

 

32,315,812

 

20.97%

K. L. (Kate) Holzhauser

 

118,719,905

 

77.04%

 

35,377,829

 

22.96%

Michael J. Lawford

 

122,261,695

 

79.34%

 

31,836,039

 

20.66%

Mary Ellen Lutey

 

122,511,574

 

79.50%

 

31,586,160

 

20.50%

Deborah S. Stein

 

121,029,015

 

78.72%

 

32,719,167

 

21.28%

Jonathan A. Wright

 

117,217,852

 

76.07%

 

36,879,882

 

23.93%

Grant A. Zawalsky

 

112,407,921

 

72.95%

 

41,689,813

 

27.05%

 

 

 

 

 

 

 

 

 

3. Appointment of Auditors

By resolution passed via ballot, KPMG LLP, Chartered Professional Accountants, were appointed as auditors of NuVista to hold office until close of the next annual meeting or until their successors are duly appointed, and the directors were authorized to fix their remuneration. The results of the ballot were as follows:

 

 

Votes For

 

Percent

 

Votes Withheld

 



Percent

 

 

149,871,999

 

96.50%

 

5,437,426

 

3.50%

 

 

 

 

 

 

 

 

 

4. Non-Binding Advisory Resolution on Executive Compensation

By advisory resolution passed via ballot, NuVista's approach to executive compensation was approved. The results of the ballot were as follows:

 

 

Votes For

 

Percent

 

Votes Against

 



Percent

 

 

122,075,765

 

79.22%

 

32,021,969

 

20.78%

 

 

 

 

 

 

 

 

 

INVESTOR INFORMATION

NuVista is an independent Canadian oil and natural gas exploration, development and production corporation with its Common Shares trading on the Toronto Stock Exchange under the symbol “NVA”.