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Obsidian Energy Announces Voting Results from the 2023 Annual and Special Meeting of Shareholders
Corporate presentation and management webcast available for replay on website Calgary, Alberta--...
About this update from Obsidian Energy Ltd
[{"type":"text","content":"Obsidian Energy Announces Voting Results from the 2023 Annual and Special Meeting of ShareholdersCorporate presentation and management webcast available for replay on websiteCalgary, Alberta--(Newsfile Corp. - June 12, 2023) - OBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE American: OBE) (\"Obsidian Energy\", the \"Company\", \"we\", \"us\" or \"our\") is pleased to announce that at our annual and special meeting of shareholders held on June 12, 2023, Obsidian Energy's shareholders approved all resolutions outlined in the Notice of 2023 Annual and Special Meeting and Management Proxy Circular dated May 1, 2023 (the \"Information Circular\"), which is available on SEDAR at www.sedar.com, on EDGAR at www.sec.gov, and on Obsidian Energy's website at www.obsidianenergy.com.Appointment of AuditorBy resolution passed by show of hands, KPMG LLP, Chartered Accountants, was appointed as auditor of the Issuer for the ensuing year. Election of DirectorsBy resolutions passed by ballot vote, the following seven nominees proposed by management were elected as directors of the Company to hold office until the next annual meeting of Shareholders or until their successors are elected or appointed: Votes ForPercentVotes WithheldPercentShani Bosman25,818,19982.24%5,576,62817.76%John Brydson24,111,82176.80%7,283,00623.20%Raymond D. Crossley23,547,34075.00%7,847,48725.00%Michael J. Faust25,830,77282.28%5,564,05517.72%Edward H. Kernaghan25,634,19281.65%5,760,63518.35%Stephen Loukas25,419,60880.97%5,975,21919.03%Gordon Ritchie26,326,90583.86%5,067,92216.14% Non-Binding Advisory Vote on the Corporation's Approach to Executive Compensation By resolution passed by ballot vote, an advisory resolution was passed to approve the Company's approach to executive compensation as outlined in the Information Circular. The results of the ballot were as follows: Votes ForPercentVotes AgainstPercent20,852,09566.42%10,542,73333.58% Approval of Unallocated Options Pursuant to the Stock Option Plan By resolution passed by ballot vote, all unallocated options to acquire common shares under the stock option plan until July 12, 2026, was approved. The results of the ballot were as follows: Votes ForPercentVotes AgainstPercent17,387,94155.38%14,006,88544.62% Approval of Unallocated Units Pursuant to the Restricted and Performance Share Unit Plan By resolution passed ...