Vermilion Energy Inc. Confirms 2023 Year End Release Date and Conference Call Details and Announces Adoption of Advance Notice By-Law
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Conference Call and Webcast Details
Vermilion will discuss these results in a conference call and webcast presentation on Thursday, March 7, 2024 at 9:00 AM MST (11:00 AM EST). To participate, call 1-888-664-6383 (
To join the conference call without operator assistance, you may register and enter your phone number at https://emportal.ink/48qsf1d to receive an instant automated call back. You may also access the webcast at https://app.webinar.net/4OmAEegkrNV. The webcast links, along with conference call slides, will be available on Vermilion's website at https://www.vermilionenergy.com/invest-with-us/events-presentations/ under Upcoming Events prior to the conference call.
Advance Notice By-Law
The Company also announces that its board of directors has adopted By-Law No. 2 requiring advance notice of the nomination of directors in certain circumstances (the "Advance Notice By-Law"). The Advance Notice By-Law is designed to further the Company's commitment to: (i) facilitating an orderly and efficient process for annual general meetings or, where the need arises, special meetings; (ii) ensuring that all shareholders receive adequate notice of director nominations and sufficient information regarding all director nominees; and (iii) allowing shareholders to register an informed vote after having been afforded reasonable time for appropriate deliberation.
The Advance Notice By-Law contains provisions requiring advance notice to the Company in certain circumstances where nominations of persons for election to the board of directors are made by shareholders of the Company. The Advance Notice By-Law establishes a deadline by which director nominations must be submitted to the Company prior to any annual or special meeting of shareholders and sets forth the information that must be included in the notice to the Company. No person will be eligible for election as a director of the Company unless nominated in accordance with the Advance Notice By-Law.
Notice under the Advance Notice By-Law is required to be provided as follows:
i. | in the case of an annual meeting of shareholders (including an annual and special meeting of shareholders), not less than 30 days before the date of the meeting, provided that, if such meeting is to be held on a date that is less than 50 days after the date on which the first public announcement of the date of such meeting was made (each such date being, the "notice date"), a nomination notice must be given not later than the close of business on the 10th day following the notice date; |
ii. | in the case of a special meeting of shareholders (which is not also an annual meeting of shareholders) called for the purpose of electing directors (whether or not called for other purposes), not later than the close of business on the 15th day following the notice date; and |
iii. | in the case of an annual meeting of shareholders (including an annual and special meeting of shareholders) or a special meeting of shareholders (which is not also an annual meeting of shareholders) called for the purpose of electing directors (whether or not also called for other purposes) where notice-and-access is used for delivery of proxy-related materials, not less than 40 days before the date of the meeting, provided that, if such meeting is to be held on a date that is less than 50 days after the notice date, a nomination notice must be given, in the case of an annual meeting of shareholders, not later than the close of business on the 10th day following the notice date and, in the case of a special meeting of shareholders, not later than the close of business on the 15th day following the notice date. |
The Advance Notice By-Law was adopted on February 19, 2024 and is effective immediately. It will apply to the Company's next annual general meeting of shareholders and will be placed before shareholders for ratification at the annual general meeting.
The full text of the Advance Notice By-Law is available on the Company's SEDAR profile at www.sedarplus.ca.
About Vermilion
Vermilion is an international energy producer that seeks to create value through the acquisition, exploration, development and optimization of producing assets in
Vermilion's priorities are health and safety, the environment, and profitability, in that order. Nothing is more important to us than the safety of the public and those who work with us, and the protection of our natural surroundings. We have been recognized by leading ESG rating agencies for our transparency on and management of key environmental, social and governance issues. In addition, we emphasize strategic community investment in each of our operating areas.
Vermilion trades on the Toronto Stock Exchange and the New York Stock Exchange under the symbol VET.
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SOURCE Vermilion Energy Inc.
FAQ
When will Vermilion Energy Inc. release its 2023 fourth quarter and year-end operating and financial results?
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What is the purpose of the Advance Notice By-Law adopted by Vermilion Energy Inc.?
When was the Advance Notice By-Law adopted and when will it be effective?
