IPC 2019 Annual General Meeting voting results

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