CALGARY, AB, May 10, 2021 /PRNewswire/ - Pembina Pipeline
Corporation ("Pembina" or the "Company") (TSX: PPL) (NYSE: PBA)
reported the voting results from its annual meeting of common
shareholders held virtually on May 7,
2021 (the "Meeting"). Each of the matters voted upon at the
Meeting is discussed in detail in the Company's Management
Information Circular dated March 19,
2021 (the "Information Circular") and is available on the
Company's website under "Investors – Shareholder Information" at
www.pembina.com.
A total of 328,903,599 common shares representing 59.81 percent
of the Company's issued and outstanding common shares were voted in
person and by proxy in connection with the Meeting. The voting
results for each matter presented at the Meeting are provided
below:
1. Election of
Directors
The following 11 nominees were appointed as directors of Pembina
to serve until the next annual meeting of shareholders of the
Company, or until their successors are elected or appointed:
Nominee
|
Votes in
Favour
|
Votes
Withheld
|
|
Percentage
|
Number
|
Percentage
|
Number
|
Anne-Marie N.
Ainsworth
|
90.61%
|
282,410,283
|
9.39%
|
29,264,713
|
Cynthia
Carroll
|
98.11%
|
305,771,267
|
1.89%
|
5,903,729
|
Michael H.
Dilger
|
99.51%
|
310,132,360
|
0.49%
|
1,542,635
|
Randall J.
Findlay
|
97.22%
|
303,024,793
|
2.78%
|
8,650,203
|
Robert G.
Gwin
|
98.72%
|
307,679,573
|
1.28%
|
3,995,423
|
Maureen E.
Howe
|
99.07%
|
308,770,678
|
0.93%
|
2,904,317
|
Gordon J.
Kerr
|
98.11%
|
305,788,821
|
1.89%
|
5,886,174
|
David M.B.
LeGresley
|
98.45%
|
306,848,586
|
1.55%
|
4,826,409
|
Leslie A.
O'Donoghue
|
98.82%
|
308,004,182
|
1.18%
|
3,670,814
|
Bruce D.
Rubin
|
99.75%
|
310,892,115
|
0.25%
|
782,881
|
Henry W.
Sykes
|
98.88%
|
308,184,170
|
1.12%
|
3,490,825
|
2. Appointment of
Auditors
KPMG LLP, Chartered Accountants, were appointed to serve as the
auditors of the Company until the close of the next annual meeting,
at remuneration to be fixed by the directors on the recommendation
of the Audit Committee.
3. Acceptance of
Company's Approach to Executive Compensation
On an advisory basis and not to diminish the role and
responsibility of the board of directors, the approach to executive
compensation disclosed in the Information Circular was approved
with approximately 93.75 percent of votes cast in favour.
Additional details in respect of the Meeting's voting results
can be found on Pembina's profile at www.sedar.com and
www.sec.gov.
About Pembina
Pembina is a leading transportation and midstream service
provider that has been serving North
America's energy industry for more than 65 years. Pembina
owns an integrated system of pipelines that transport various
hydrocarbon liquids and natural gas products produced primarily in
western Canada. The Company also
owns gas gathering and processing facilities; an oil and natural
gas liquids infrastructure and logistics business; and is growing
an export terminals business. Pembina's integrated assets and
commercial operations along the majority of the hydrocarbon value
chain allow it to offer a full spectrum of midstream and marketing
services to the energy sector. Pembina is committed to identifying
additional opportunities to connect hydrocarbon production to new
demand locations through the development of infrastructure that
would extend Pembina's service offering even further along the
hydrocarbon value chain. These new developments will contribute to
ensuring that hydrocarbons produced in the Western Canadian
Sedimentary Basin and the other basins where Pembina operates can
reach the highest value markets throughout the world.
Purpose of Pembina:
To be the leader in delivering integrated infrastructure
solutions connecting global markets;
- Customers choose us first for reliable and value-added
services;
- Investors receive sustainable industry-leading total
returns;
- Employees say we are the 'employer of choice' and value
our safe, respectful, collaborative and fair work culture; and
- Communities welcome us and recognize the net positive
impact of our social and environmental commitment.
Pembina is structured into three Divisions: Pipelines Division,
Facilities Division and Marketing & New Ventures Division.
Pembina's common shares trade on the Toronto and New
York stock exchanges under PPL and PBA, respectively. For
more information, visit www.pembina.com.
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SOURCE Pembina Pipeline Corporation