Imperial reports voting results for election of directors

Rhea-AI Summary

Imperial Oil Limited (TSE: IMO, NYSE American: IMO) reported that all seven director nominees were elected at its annual shareholders meeting on May 3, 2022. A total of 606,381,191 shares, representing 90.62% of outstanding shares, were voted. The voting results for each nominee show strong support, with over 540 million votes in favor for each director. Imperial continues to assert its position as Canada's largest petroleum refiner and a major crude oil producer, committed to high standards in the development of energy resources.

Positive

• All seven nominees for the board of directors were elected, indicating shareholder support.
• 90.62% of outstanding shares were represented at the meeting, showing strong shareholder engagement.

Negative

• None.

CALGARY, Alberta--(BUSINESS WIRE)-- Imperial Oil Limited (TSE: IMO, NYSE American: IMO) announced at its annual meeting of shareholders held on May 3, 2022, that each of the seven nominees proposed as directors of the company and listed in its management proxy circular dated March 16, 2022 were elected as directors. A total of 606,381,191 shares (90.62 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:		Withheld:
D.W. (David) Cornhill		540,497,248		61,434,933
B.W. (Bradley) Corson		586,247,361		15,684,820
M.R. (Matthew) Crocker		577,063,393		24,868,788
K.T. (Krystyna) Hoeg		590,765,513		11,166,118
M.C. (Miranda) Hubbs		596,301,725		5,630,456
J.M. (Jack) Mintz		580,745,526		21,186,655
D.S. (David) Sutherland		586,743,639		15,188,158

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.

Source: Imperial

View source version on businesswire.com: https://www.businesswire.com/news/home/20220503006317/en/

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Source: Imperial

FAQ

What were the results of Imperial Oil's annual meeting on May 3, 2022?

All seven director nominees were elected, with over 90% of outstanding shares represented.

What percentage of shares supported the election of Imperial Oil's directors?

The election received strong support with over 540 million votes in favor for each nominee.

What is Imperial Oil's stock symbol?

The stock symbol for Imperial Oil is TSE: IMO and NYSE American: IMO.