TC Energy announces 2021 annual meeting Board of Directors election results

Rhea-AI Summary

On May 7, 2021, TC Energy held its annual meeting, where all 13 director nominees were elected. Notable votes included Stéphan Crétier receiving 99.56% support and Michael R. Culbert with 99.81%. Mary Pat Salomone garnered the lowest approval at 93.64%. The final voting results will be filed on SEDAR and EDGAR by May 11, 2021. TC Energy operates a reliable network of pipelines and power generation facilities across North America, trading under the symbol TRP on the TSX and NYSE.

Positive

• All 13 director nominees were successfully elected, indicating strong shareholder support.
• High approval rates for nominees could suggest investor confidence in management's direction.

Negative

• Mary Pat Salomone received only 93.64% support, indicating potential shareholder dissent.

CALGARY, Alberta, May 07, 2021 (GLOBE NEWSWIRE) -- News Release – TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the Company) today announced that at its 2021 annual meeting of shareholders held earlier today, each of the following 13 nominees were elected as directors of TC Energy on a vote by ballot to serve until the next annual meeting of shareholders of TC Energy, or until their successors are elected or earlier appointed:

Nominee	# Votes For	% Votes For	# Votes Withheld	% Votes Withheld
Stéphan Crétier	656,284,647	99.56	2,918,661	0.44
Michael R. Culbert	657,941,215	99.81	1,262,093	0.19
Susan C. Jones	657,752,726	99.78	1,450,582	0.22
Randy Limbacher	657,653,683	99.76	1,549,626	0.24
John E. Lowe	639,280,144	96.98	19,923,164	3.02
David MacNaughton	656,227,734	99.55	2,975,574	0.45
François L. Poirier	658,277,481	99.86	925,827	0.14
Una Power	656,433,773	99.58	2,769,535	0.42
Mary Pat Salomone	617,281,517	93.64	41,921,791	6.36
Indira V. Samarasekera	656,284,177	99.56	2,919,131	0.44
D. Michael G. Stewart	642,226,240	97.42	16,977,068	2.58
Siim A. Vanaselja	599,020,724	90.87	60,182,584	9.13
Thierry Vandal	655,958,612	99.51	3,244,696	0.49

Final voting results on all matters voted on at the meeting will be filed on SEDAR (www.sedar.com) and EDGAR (www.sec.gov) and posted to the Investors section of the Company website at www.tcenergy.com by no later than Tuesday, May 11, 2021.

About TC Energy
We are a vital part of everyday life - delivering the energy millions of people rely on to power their lives in a sustainable way. Thanks to a safe, reliable network of natural gas and crude oil pipelines, along with power generation and storage facilities, wherever life happens — we’re there. Guided by our core values of safety, responsibility, collaboration and integrity, our 7,500 people make a positive difference in the communities where we operate across Canada, the U.S. and Mexico.

TC Energy’s common shares trade on the Toronto (TSX) and New York (NYSE) stock exchanges under the symbol TRP. To learn more, visit us at TCEnergy.com.

FORWARD-LOOKING INFORMATION
This release contains certain information that is forward-looking and is subject to important risks and uncertainties (such statements are usually accompanied by words such as "anticipate", "expect", "believe", "may", "will", "should", "estimate", "intend" or other similar words). Forward-looking statements in this document are intended to provide TC Energy security holders and potential investors with information regarding TC Energy and its subsidiaries, including management's assessment of TC Energy's and its subsidiaries' future plans and financial outlook. All forward-looking statements reflect TC Energy's beliefs and assumptions based on information available at the time the statements were made and as such are not guarantees of future performance. As actual results could vary significantly from the forward-looking information, you should not put undue reliance on forward-looking information and should not use future-oriented information or financial outlooks for anything other than their intended purpose. We do not update our forward-looking information due to new information or future events, unless we are required to by law. For additional information on the assumptions made, and the risks and uncertainties which could cause actual results to differ from the anticipated results, refer to the most recent Quarterly Report to Shareholders and Annual Report filed under TC Energy’s profile on SEDAR at www.sedar.com and with the U.S. Securities and Exchange Commission at www.sec.gov.

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Media Inquiries:
Jaimie Harding / Hejdi Carlsen
403-920-7859 or 800-608-7859

Investor & Analyst Inquiries:
David Moneta / Hunter Mau
403-920-7911 or 800-361-6522

PDF available: http://ml.globenewswire.com/Resource/Download/8bda7f34-9bb4-4c83-8026-1dfee38be851

FAQ

What were the results of TC Energy's annual meeting held on May 7, 2021?

All 13 director nominees were elected, with high approval rates for most, reflecting shareholder confidence.

Who received the lowest votes during TC Energy's 2021 director elections?

Mary Pat Salomone received the lowest approval rate at 93.64% during the elections.

What is the significance of the director elections for TC Energy shareholders?

The elections indicate strong shareholder support for management and continuity in corporate governance.

What stock exchanges does TC Energy trade on?

TC Energy trades on the Toronto Stock Exchange (TSX) and the New York Stock Exchange (NYSE) under the symbol TRP.