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

 

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