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IPC announces 2018 Annual General Meeting voting results
June 11, 2018
IPC Annual General Meeting to be held on July 10, 2018
International Petroleum Corporation (“IPC” or the “Corporation”) (TSX, Nasdaq Stockholm: IPCO) is pleased to announce the voting results from the Corporation’s 2018 Annual General Meeting of Shareholders (the “2018 AGM”) held on July 10, 2018 in Calgary, Alberta. Number of Directors
The number of Directors of the Corporation was set at seven.
| Votes For | % For | Votes Against | % Against |
| 43,625,039 | 99.96 | 16,192 | 0.04 |
Election of Directors
The seven nominees listed in the Corporation’s management information circular dated May 30, 2018 (the “Circular”) were elected as Directors of the Corporation to hold office for the ensuing year.
| Nominee | Votes For | % For | Votes Withheld | % Withheld |
| Lukas H. Lundin | 42,851,412 | 98.19 | 789,819 | 1.81 |
| Mike Nicholson | 43,126,554 | 98.82 | 514,677 | 1.18 |
| C. Ashley Heppenstall | 43,357,105 | 99.35 | 284,126 | 0.65 |
| Donald Charter | 43,371,109 | 99.38 | 270,122 | 0.62 |
| Chris Bruijnzeels | 43,627,869 | 99.97 | 13,362 | 0.03 |
| Torstein Sanness | 43,040,531 | 98.62 | 600,700 | 1.38 |
| Daniella Dimitrov | 43,631,765 | 99.98 | 9,466 | 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.
| Votes For | % For | Votes Withheld | % Withheld |
| 43,639,337 | 99.98 | 6,838 | 0.02 |
Performance and Restricted Share Plan
The Corporation’s Performance and Restricted Share Plan (the “Plan”), as more particularly described in the Circular, was approved.
| Votes For | % For | Votes Against | % Against |
| 37,477,164 | 85.88 | 6,164,067 | 14.12 |
As also described in the Circular, the amendments to the Corporation’s existing Stock Option Plan became effective following the 2018 AGM approval of the Plan.
Additional Information
IPC further announces that it has selected Sweden as the home member state pursuant Chapter 2, Section 8 of the Swedish Securities Market Act (Sw. lag (2007.528 om värdepappersmarknaden)).