Vermilion Energy Inc. Reports Voting Results of Annual General Meeting
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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.