Imperial reports voting results for election of directors

Rhea-AI Summary

Imperial Oil Limited announced the election of seven nominees as directors at its annual meeting of shareholders. A total of 90.92% of outstanding common shares were represented at the meeting.

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• The election of directors indicates stability and continuity in the company's leadership.

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• There are no negative takes available.

CALGARY, Alberta--(BUSINESS WIRE)-- Imperial Oil Limited (TSE: IMO, NYSE American: IMO) announced at its annual meeting of shareholders held on May 2, 2023, that each of the seven nominees proposed as directors of the company and listed in its management proxy circular dated March 16, 2023 were elected as directors. A total of 531,116,532 shares (90.92 percent of outstanding common shares) were represented in person or by proxy. The percentage of shares represented at the meeting that were voted to elect the individual directors are set out below:

Nominee:		For:		Against:
D.W. (David) Cornhill		477,220,521		51,359,878
B.W. (Bradley) Corson		522,575,825		6,004,574
M.R. (Matthew) Crocker		502,024,025		26,556,374
S.R. (Sharon) Driscoll		526,032,840		2,547,559
J. (John) Floren		528,279,988		300,411
G.J. (Gary) Goldberg		528,282,636		297,763
M.C. (Miranda) Hubbs		515,973,536		12,601,009

After more than a century, Imperial continues to be an industry leader in applying technology and innovation to responsibly develop Canada’s energy resources. As Canada’s largest petroleum refiner, a major producer of crude oil, a key petrochemical producer and a leading fuels marketer from coast to coast, our company remains committed to high standards across all areas of our business.

View source version on businesswire.com: https://www.businesswire.com/news/home/20230502006247/en/

For further information:

Investor relations

(587) 476-4743

Media relations

(587) 476-7010

Source: Imperial

FAQ

Who were the nominees elected as directors?

The seven nominees elected as directors were D.W. (David) Cornhill, B.W. (Bradley) Corson, M.R. (Matthew) Crocker, S.R. (Sharon) Driscoll, J. (John) Floren, G.J. (Gary) Goldberg, and M.C. (Miranda) Hubbs.

What percentage of outstanding common shares were represented at the meeting?

A total of 90.92% of outstanding common shares were represented at the meeting.