CALGARY,
AB, May 6, 2022 /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 6, 2022.
During the business proceedings of the Meeting, ARC's
shareholders approved the following resolutions:
1. Resolution to appoint 11 board members, with 96.01 per
cent to 99.80 per cent of shares represented at the Meeting voting
in favour of individual directors as follows:
|
Directors
|
Approval
Percentage
|
|
Withheld
Percentage
|
|
Harold N.
Kvisle
|
96.96%
|
3.04%
|
|
Farhad
Ahrabi
|
98.91%
|
1.09%
|
|
Carol T.
Banducci
|
99.65%
|
0.35%
|
|
David R.
Collyer
|
98.32%
|
1.68%
|
|
Susan C.
Jones
|
99.06%
|
0.94%
|
|
William J.
McAdam
|
99.71%
|
0.29%
|
|
Michael G.
McAllister
|
99.18%
|
0.82%
|
|
Marty L.
Proctor
|
96.01%
|
3.99%
|
|
M. Jacqueline
Sheppard
|
98.64%
|
1.36%
|
|
Leontine van
Leeuwen-Atkins
|
99.67%
|
0.33%
|
|
Terry M.
Anderson
|
99.80%
|
0.20%
|
2. Resolution to appoint PricewaterhouseCoopers LLP,
Chartered Professional Accountants, as the Corporation's auditors,
with 99.68 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
Management Information Circular – Proxy Statement, with 96.68 per
cent of shares represented at the Meeting voting in favour of the
advisory resolution.
Effective May 6, 2022, Ms.
Kathleen O'Neill has retired from
the Board of Directors (the "Board") after 13 years of service. ARC
would like to extend its sincerest gratitude to Ms. O'Neill for the
guidance and wisdom she provided to the Board and Management during
her tenure. With Ms. O'Neill's retirement, Ms. Leontine van Leeuwen-Atkins has assumed the role
of Chair of the Audit Committee.
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.