CALGARY, Alberta, May 09, 2023 (GLOBE NEWSWIRE) -- Essential Energy Services Ltd. (TSX: ESN) (“Essential”) announces that at its annual general meeting of shareholders on May 9, 2023, each of the six nominees proposed as members (“Directors”) of the board of directors and listed in the information circular dated March 3, 2023 were elected as Directors.
Detailed results of the vote are set out below.
| VOTES FOR | VOTES WITHHELD | |||||
| Number | Percent | Number | Percent | |||
| Nominee: | ||||||
| Garnet K. Amundson | 44,041,126 | 88.06% | 5,969,966 | 11.94% | ||
| James A. Banister | 43,509,882 | 87.00% | 6,501,210 | 13.00% | ||
| Felicia B. Bortolussi | 33,942,737 | 67.85% | 16,082,905 | 32.15% | ||
| Robert T. German | 33,676,513 | 67.32% | 16,349,129 | 32.68% | ||
| Sophia J. Langlois | 33,610,872 | 67.21% | 16,400,220 | 32.79% | ||
| Robert B. Michaleski | 43,572,928 | 87.13% | 6,438,164 | 12.87% | ||
| Appointment of KPMG as auditor | 48,921,734 | 92.85% | 3,767,682 | 7.15% | ||
A report on the voting results will be posted under Essential’s profile on SEDAR at www.sedar.com.
The leading independent, third-party proxy advisory firms, Institutional Shareholder Services and Glass Lewis & Co., both recommended that shareholders vote “For” each of the proposed Directors.
ABOUT ESSENTIAL
Essential provides oilfield services to oil and natural gas producers, primarily in western Canada. Essential offers completion, production and wellsite restoration services to a diverse customer base. Services are offered with coiled tubing, fluid and nitrogen pumping and the sale and rental of downhole tools and equipment. Essential offers one of the largest active coiled tubing fleets in Canada. Further information can be found at www.essentialenergy.ca.
The TSX has neither approved nor disapproved the contents of this news release.
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