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Questerre reports on AGM voting results

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THIS NEWS RELEASE IS NOT FOR DISSEMINATION OR DISTRIBUTION IN THE UNITED STATES OF AMERICA TO UNITED STATES NEWSWIRE SERVICES OR UNITED STATES PERSONS

CALGARY, Alberta, June 02, 2021 (GLOBE NEWSWIRE) — Questerre Vitality Company (“Questerre” or the “Firm”) (TSX,OSE:QEC) introduced right this moment that, at its annual assembly of shareholders held on June 2, 2021 (the “Assembly”), all issues offered for approval on the Assembly have been accepted.

On the Assembly, a vote was held by poll which accepted an odd decision to repair the variety of administrators to be elected on the Assembly at 5. As well as, every of the 5 nominees proposed within the Firm’s Administration Info Round dated Might 2, 2021 (the “Round”) have been elected as administrators to carry workplace till the following annual assembly of shareholders or till their successors are duly elected or appointed, except their workplace is earlier vacated in accordance with the by-laws of the Firm. The detailed outcomes of the vote performed by poll are set out beneath:

Nominees Votes For Votes Withheld
Michael Binnion 37,274,915 (99.88%) 43,239 (0.12%)
Mireille Fontaine 37,257,029 (99.84%) 61,125 (0.16%)
Hans Jacob Holden 37,272,229 (99.88%) 45,925 (0.12%)
Dennis Sykora 37,267,115 (99.86%) 51,039 (0.14%)
Bjorn Inge Tonnessen 37,252,229 (99.82%) 65,925 (0.18%)

By vote held by poll, the odd decision to approve the appointment of PricewaterhouseCoopers LLP, Chartered Skilled Accountants, because the auditors of the Firm to carry workplace till the following annual assembly of shareholders or till their successors are appointed and authorizing the administrators of the Firm to repair their remuneration, was accepted.

Questerre is an power know-how and innovation firm. It’s leveraging its experience gained by way of early publicity to low permeability reservoirs to amass important high-quality sources. We consider we will efficiently transition our power portfolio. With new clear applied sciences and innovation to responsibly produce and use power, we will maintain each human progress and our pure atmosphere.

Questerre is a believer that the longer term success of the oil and gasoline business is determined by a steadiness of economics, atmosphere, and society. We’re dedicated to being clear and are respectful that the general public should be a part of making the vital decisions for our power future.

For additional info, please contact: Questerre Vitality Company Jason D’Silva, Chief Monetary Officer (403) 777-1185 | (403) 777-1578 (FAX) |E-mail: information@questerre.com

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