CALGARY,
AB, May 3, 2022 /CNW/ - MEG Energy Corp.
("MEG") (TSX: MEG) is pleased to announce that at its annual
meeting of shareholders held on May 3,
2022 (the "Meeting"), each of the nine (9) nominees listed
in its Management Information Circular dated March 18, 2022, were elected as directors. The
results of the shares voted in respect of the election of each
director are set out below.
Nominee
|
Votes
For
|
Votes
Withheld
|
#
|
%
|
#
|
%
|
Grant D.
Billing
|
152,005,893
|
99.12
|
1,343,436
|
0.88
|
Ian D. Bruce
|
152,368,453
|
99.36
|
980,876
|
0.64
|
Derek W.
Evans
|
152,367,102
|
99.36
|
982,227
|
0.64
|
Robert B.
Hodgins
|
146,278,556
|
95.39
|
7,070,773
|
4.61
|
Kim Lynch
Proctor
|
152,401,345
|
99.38
|
947,984
|
0.62
|
Susan M.
MacKenzie
|
152,241,376
|
99.28
|
1,107,953
|
0.72
|
Jeffrey J.
McCaig
|
152,427,221
|
99.40
|
922,108
|
0.60
|
James D.
McFarland
|
151,193,355
|
98.59
|
2,155,974
|
1.41
|
Diana J.
McQueen
|
146,869,025
|
95.77
|
6,480,304
|
4.23
|
Board Renewal
MEG would also like to extend its sincere thanks and
appreciation to Mr. Bill Klesse and
Ms. Judy Fairburn who chose not to
stand for re-election and who have retired from its Board of
Directors. Mr. Klesse has been a valued director of MEG since 2016,
and has served as the Chair of our Health, Safety and Environment
and Reserves Committee ("HSERC") since 2018. Ms. Fairburn has been
a member of MEG's Board of Directors since 2019 and a significant
contributor to our Governance and Nominating Committee and HSERC.
MEG thanks them both for their many contributions and wishes them
well in their future endeavors.
MEG is pleased to welcome Ms. Kim Lynch
Proctor to its Board. Ms. Lynch Proctor is an
independent businesswoman and brings extensive legal, accounting
and tax expertise and executive experience to the Board. She was
the Chief Financial Officer and General Counsel of KERN Partners,
an energy focused private equity firm, from 2009 to 2016 and prior
thereto, a practicing lawyer and chartered professional accountant
with Felesky Flynn LLP, Bennett Jones LLP, and Deloitte,
respectively, advising corporate clients on domestic and
international transactions.
Full Voting Results
In addition to the voting results for the Board of Directors,
the remaining agenda items at the meeting, including the
appointment of auditors, the approval of unallocated stock options,
the approval of unallocated restricted share units and the advisory
vote on executive compensation, were approved by MEG's
shareholders. Full voting results for the meeting are available on
SEDAR at www.sedar.com.
About MEG
MEG is an energy company focused on sustainable in situ
thermal oil production in the southern Athabasca oil region of Alberta, Canada. MEG is actively developing
innovative enhanced oil recovery projects that utilize
steam-assisted gravity drainage extraction methods
to improve the responsible economic recovery of oil
as well as lower carbon emissions. MEG transports and sells its
thermal oil (AWB) to customers throughout North America and internationally. MEG's
common shares are listed on the Toronto Stock Exchange under the
symbol "MEG".
Learn more at: www.megenergy.com
For further information, please contact:
Investor Relations
T
403.767.0515
E
invest@megenergy.com
Media Relations
T
403.775.1131
E
media@megenergy.com
SOURCE MEG Energy Corp.