CALGARY, Alberta, May 04, 2021 (GLOBE NEWSWIRE) — Suncor held its Annual Meeting in Calgary today. A total of approximately 1.05 billion shares (approximately 68.83% of outstanding common shares) were represented in person or by proxy.
Shareholders voted as follows on the matters before the meeting:
- Shareholders elected the following eleven board members (ten of whom are independent), with shares represented at the meeting voting in favour of individual directors as follows:
|Patricia M. Bedient||99.78%|
|John D. Gass||98.13%|
|Jean Paul Gladu||98.78%|
|Dennis M. Houston||98.66%|
|Mark S. Little||99.69%|
|Brian P. MacDonald||99.70%|
|Eira M. Thomas||97.14%|
|Michael M. Wilson||97.85%|
- Shareholders appointed KPMG LLP as Suncor’s auditors.
- The resolution to increase the number of common shares of Suncor reserved for issuance pursuant to the Suncor Energy Inc. Stock Option Plan by an additional 15,000,000 common shares was approved with 90.24% of shares represented at the meeting voting in favour.
- Management’s approach to executive compensation (say on pay) disclosed in Suncor’s management proxy circular dated February 24, 2021 was approved with 93.03% of shares represented at the meeting voting in favour.
Note: the biographies of Board members and further details about Suncor’s corporate governance practices are available at suncor.com.
The text of remarks by Mark Little, president and chief executive officer,…