CALGARY, AB, June 22, 2021 /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 June 22, 2021.
During the business proceedings of the Meeting, ARC's
shareholders approved the following resolutions:
1. Resolution to appoint 11 board
members, with 96.20 per cent to 99.35 per cent of shares
represented at the Meeting voting in favour of individual directors
as follows:
Directors
|
Approval
Percentage
|
Withheld
Percentage
|
Harold N.
Kvisle
|
98.31
|
|
1.69
|
|
Farhad
Ahrabi
|
99.19
|
|
0.81
|
|
David R.
Collyer
|
96.20
|
|
3.80
|
|
Susan C.
Jones
|
97.34
|
|
2.66
|
|
William J.
McAdam
|
98.81
|
|
1.19
|
|
Michael G.
McAllister
|
97.40
|
|
2.60
|
|
Kathleen M.
O'Neill
|
98.79
|
|
1.21
|
|
Marty L.
Proctor
|
98.78
|
|
1.22
|
|
M. Jacqueline
Sheppard
|
96.66
|
|
3.34
|
|
Leontine van
Leeuwen-Atkins
|
99.27
|
|
0.73
|
|
Terry M.
Anderson
|
99.35
|
|
0.65
|
|
2. Resolution to appoint
PricewaterhouseCoopers LLP, Chartered Professional Accountants, as
the Corporation's auditors, with 99.84 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 2021 Information Circular – Proxy Statement,
with 94.56 per cent of shares represented at the Meeting voting in
favour of the advisory resolution.
About ARC
ARC Resources Ltd. is the largest pure-play Montney producer and one of Canada's largest dividend-paying energy
companies, featuring low-cost operations and leading ESG
characteristics. 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.