CALGARY,
AB, May 10, 2024 /CNW/ - (TSX: ARX) ARC
Resources Ltd. ("ARC" or the "Corporation") is pleased to announce
that its shareholders approved all resolutions at its Annual and
General Meeting of Shareholders (the "Meeting") held on
May 10, 2024.
During the business proceedings of the Meeting, ARC's
shareholders approved the following resolutions:
1. Resolution to appoint 10 board
members, with 65.34 per cent to 99.79 per cent of shares
represented at the Meeting voting in favour of individual directors
as follows:
|
Directors
|
Approval
Percentage
|
|
Withheld
Percentage
|
|
|
Harold N.
Kvisle
|
95.90 %
|
|
4.10 %
|
|
|
Carol T.
Banducci
|
98.55 %
|
|
1.45 %
|
|
|
David R.
Collyer
|
95.22 %
|
|
4.78 %
|
|
|
Hugh H.
Connett
|
99.79 %
|
|
0.21 %
|
|
|
Michael R.
Culbert
|
99.79 %
|
|
0.21 %
|
|
|
Michael G.
McAllister
|
96.71 %
|
|
3.29 %
|
|
|
Marty L.
Proctor
|
90.16 %
|
|
9.84 %
|
|
|
M. Jacqueline
Sheppard
|
65.34 %
|
|
34.66 %
|
|
|
Leontine van
Leeuwen-Atkins
|
99.27 %
|
|
0.73 %
|
|
|
Terry M.
Anderson
|
99.43 %
|
|
0.57 %
|
|
2. Resolution to appoint
PricewaterhouseCoopers LLP, Chartered Professional Accountants, as
the Corporation's auditors, with 99.77 per cent
of the shares represented at the Meeting voting in favour of the
resolution.
3. Resolution to accept the
Corporation's approach to executive compensation ("say on pay"), as
disclosed in ARC's 2024 Information Circular –
Proxy Statement, with 97.44 per cent of shares represented at the
Meeting voting in favour of the advisory resolution.
About ARC
ARC Resources Ltd. is a pure-play Montney producer and one of Canada's largest dividend-paying energy
companies, featuring low-cost operations and leading ESG
performance. ARC's investment-grade credit profile is supported by
commodity and geographic diversity and robust risk management
practices around all aspects of the business. ARC's common shares
trade on the Toronto Stock Exchange under the symbol ARX.
Please visit ARC's website at
www.arcresources.com or contact Investor Relations:
E-mail: IR@arcresources.com
Telephone: (403) 503-8600
Fax: (403) 509-6427
Toll Free: 1-888-272-4900
ARC Resources Ltd.
Suite 1200, 308 - 4 Avenue SW
Calgary, AB T2P 0H7
SOURCE ARC Resources Ltd.