ARC Resources Ltd. Announces Approval of Resolutions at Annual and General Meeting of Shareholders

Ad blocking detected

Thank you for visiting CanadianInsider.com. We have detected you cannot see ads being served on our site due to blocking. Unfortunately, due to the high cost of data, we cannot serve the requested page without the accompanied ads.

If you have installed ad-blocking software, please disable it (sometimes a complete uninstall is necessary). Private browsing Firefox users should be able to disable tracking protection while visiting our website. Visit Mozilla support for more information. If you do not believe you have any ad-blocking software on your browser, you may want to try another browser, computer or internet service provider. Alternatively, you may consider the following if you want an ad-free experience.

Canadian Insider Ultra Club
$500/ year*
Daily Morning INK newsletter
+3 months archive
Canadian Market INK weekly newsletter
+3 months archive
30 publication downloads per month from the PDF store
Top 20 Gold, Top 30 Energy, Top 40 Stock downloads from the PDF store
All benefits of basic registration
No 3rd party display ads
JOIN THE CLUB

* Price is subject to applicable taxes.

Paid subscriptions and memberships are auto-renewing unless cancelled (easily done via the Account Settings Membership Status page after logging in). Once cancelled, a subscription or membership will terminate at the end of the current term.

ARC Resources Ltd. Announces Approval of Resolutions at Annual and General Meeting of Shareholders

Canada NewsWire

CALGARY, AB, June 22, 2021 /CNW/ - (TSX: ARX) ARC Resources Ltd. ("ARC" or the "Corporation") is pleased to announce that its shareholders approved all resolutions at its Annual and General Meeting of Shareholders (the "Meeting") held on June 22, 2021.

During the business proceedings of the Meeting, ARC's shareholders approved the following resolutions:

1.     Resolution to appoint 11 board members, with 96.20 per cent to 99.35 per cent of shares represented at the Meeting voting in favour of individual directors as follows:

Directors

Approval Percentage

Withheld Percentage

Harold N. Kvisle

98.31


1.69


Farhad Ahrabi

99.19


0.81


David R. Collyer

96.20


3.80


Susan C. Jones

97.34


2.66


William J. McAdam

98.81


1.19


Michael G. McAllister

97.40


2.60


Kathleen M. O'Neill

98.79


1.21


Marty L. Proctor

98.78


1.22


M. Jacqueline Sheppard

96.66


3.34


Leontine van Leeuwen-Atkins

99.27


0.73


Terry M. Anderson

99.35


0.65


2.     Resolution to appoint PricewaterhouseCoopers LLP, Chartered Professional Accountants, as the Corporation's auditors, with 99.84 per cent of the shares represented at the Meeting voting in favour of the resolution.

3.     Resolution to accept the Corporation's approach to executive compensation ("say on pay"), as disclosed in ARC's 2021 Information Circular – Proxy Statement, with 94.56 per cent of shares represented at the Meeting voting in favour of the advisory resolution.

About ARC

ARC Resources Ltd. is the largest pure-play Montney producer and one of Canada's largest dividend-paying energy companies, featuring low-cost operations and leading ESG characteristics. ARC's investment-grade credit profile is supported by commodity and geographic diversity and robust risk management practices around all aspects of the business. ARC's common shares trade on the Toronto Stock Exchange under the symbol ARX.

Please visit ARC's website at www.arcresources.com or contact Investor Relations:
E-mail: [email protected]
Telephone: (403) 503-8600
Fax: (403) 509-6427
Toll Free: 1-888-272-4900
ARC Resources Ltd.
Suite 1200, 308 - 4 Avenue SW
Calgary, AB  T2P 0H7

SOURCE ARC Resources Ltd.

Cision View original content to download multimedia: http://www.newswire.ca/en/releases/archive/June2021/22/c9009.html

Copyright CNW Group 2021

Comment On!

140
Upload limit is up to 1mb only
To post messages to your Socail Media account, you must first give authorization from the websites. Select the platform you wish to connect your account to CanadianInsider.com (via Easy Blurb).