IPC announces 2020 Annual General Meeting voting results

May 5, 2020

International Petroleum Corporation (IPC or the Corporation) (TSX, Nasdaq Stockholm: IPCO) is pleased to announce the voting results from the Corporation’s 2020 Annual General Meeting of Shareholders (the 2020 AGM) held on May 5, 2020 in Toronto, Ontario.

Number of Directors
The number of Directors of the Corporation was set at seven.

Votes For % For Votes Against % Against
61,956,502 99.99% 8,502 0.01%

 
Election of Directors
The seven nominees listed in the Corporation’s management information circular dated March 25, 2020 were elected as Directors of the Corporation to hold office for the ensuing year.

Nominee Votes For % For Votes Withheld % Withheld
Mike Nicholson 61,957,968 99.99% 7,035 0.01%
C. Ashley Heppenstall 61,267,787 98.87% 697,216 1.13%
Donald K. Charter 61,905,350 99.90% 59,653 0.10%
Chris Bruijnzeels 61,945,091 99.97% 19,912 0.03%
Torstein Sanness 61,693,876 99.56% 271,127 0.44%
Daniella Dimitrov 61,950,662 99.98% 14,341 0.02%
Harry Lundin 61,955,441 99.98% 9,562 0.02%

The Directors appointed C. Ashley Heppenstall as Chairman of the Board.

Appointment of Auditor
PricewaterhouseCoopers SA 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.

Votes For % For Votes Withheld % Withheld
62,123,787 99.73% 168,935 0.27%