Epsilon Announces 2023 AGM Results

Rhea-AI Summary

Epsilon Energy Ltd. announced that all nominees listed in its Proxy Statement were elected as directors of the company. The detailed results of the vote show high percentages of support for each nominee. Shareholders also approved the re-appointment of BDO USA, LLP as auditors, executive compensation for 2022, and a one-year voting frequency for the non-binding advisory vote on executive compensation.

HOUSTON, Aug. 17, 2023 (GLOBE NEWSWIRE) -- Epsilon Energy Ltd. (“Epsilon” or the “Company”) (NASDAQ: EPSN) is pleased to announce that all the nominees listed in its Proxy Statement, Schedule 14A dated on July 17, 2023 were elected as directors of Epsilon, until the next annual meeting of shareholders. The detailed results of the vote at the annual shareholders meeting held on Thursday, August 17, 2023 are set out below.

At the meeting, the number of directors was set at six and each of the following six nominees proposed by management was elected as a director of Epsilon.

Nominee	% For	% Abstain
John Lovoi	93.18%	6.82%
Jason Stankowski	99.44%	0.56%
David Winn	97.38%	2.62%
Tracy Stephens	92.71%	7.29%
Jason Stabell	99.10%	0.90%
Nicola Maddox	99.55%	0.45%

The Company’s shareholders approved the re-appointment of BDO USA, LLP as auditors for the year ending December 31, 2023, the compensation paid to the Company’s named executive officers during 2022, and a one year voting frequency of the non-binding advisory vote on executive compensation.

About Epsilon

Epsilon Energy Ltd. is a North American onshore natural gas and oil production and gathering company with assets in Pennsylvania, Texas, New Mexico, and Oklahoma.

For more information, please visit www.epsilonenergyltd.com, where we routinely post announcements, updates, events, investor information, presentations and recent news releases.

Contact Information:
281-670-0002

Jason Stabell
Chief Executive Officer
Jason.Stabell@EpsilonEnergyLTD.com

Andrew Williamson
Chief Financial Officer
Andrew.Williamson@EpsilonEnergyLTD.com

FAQ

Who were elected as directors of Epsilon Energy Ltd.?

John Lovoi, Jason Stankowski, David Winn, Tracy Stephens, Jason Stabell, and Nicola Maddox were elected as directors of Epsilon Energy Ltd.

What were the percentages of support for each nominee?

The percentages of support for each nominee were as follows: John Lovoi - 93.18%, Jason Stankowski - 99.44%, David Winn - 97.38%, Tracy Stephens - 92.71%, Jason Stabell - 99.10%, Nicola Maddox - 99.55%.

What other approvals were made by the shareholders?

The shareholders also approved the re-appointment of BDO USA, LLP as auditors for the year ending December 31, 2023, the compensation paid to the Company’s named executive officers during 2022, and a one-year voting frequency of the non-binding advisory vote on executive compensation.