IPC 2019 Annual General Meeting voting results
May 7, 2019
International Petroleum Corporation (“IPC” or the “Corporation”) (TSX, Nasdaq Stockholm: IPCO) is pleased to announce the voting results from the Corporation’s 2019 Annual General Meeting of Shareholders (the “2019 AGM”) held on May 7, 2019 in Toronto, Ontario.
Number of Directors
The number of Directors of the Corporation was set at eight. The vote was conducted by a show of hands. Proxies received by management in advance of the 2019 AGM indicated the following:
Votes For | % For | Votes Against | % Against |
67,345,765 | 99.99 | 5,575 | 0.01 |
Election of Directors
The eight nominees listed in the Corporation’s management information circular dated March 29, 2019 were elected as Directors of the Corporation to hold office for the ensuing year. The vote was conducted by a show of hands. Proxies received by management in advance of the 2019 AGM indicated the following:
Nominee | Votes For | % For | Votes Withheld | % Withheld |
Lukas H. Lundin | 62,983,110 | 93.51 | 4,368,230 | 6.49 |
Mike Nicholson | 67,266,356 | 99.87 | 84,984 | 0.13 |
C. Ashley Heppenstall | 67,185,428 | 99.75 | 165,912 | 0.25 |
Donald Charter | 67,243,440 | 99.84 | 107,900 | 0.16 |
Chris Bruijnzeels | 67,253,627 | 99.85 | 97,713 | 0.15 |
Torstein Sanness | 67,206,725 | 99.79 | 144,615 | 0.21 |
Daniella Dimitrov | 67,258,729 | 99.86 | 92,611 | 0.14 |
John Festival | 67,334,821 | 99.98 | 16,519 | 0.02 |
Appointment of Auditor
PricewaterhouseCoopers AG was appointed as auditor of the Corporation for the ensuing year and the Directors of the Corporation were authorized to fix the remuneration of the auditor. The vote was conducted by a show of hands. Proxies received by management in advance of the 2019 AGM indicated the following:
Votes For | % For | Votes Against | % Against |
67,274,700 | 99.89 | 76,640 | 0.11 |