Canadian Natural Resources Limited Reports Voting Results at Annual and Special Meeting
/EINPresswire.com/ -- CALGARY, ALBERTA -- (Marketwired) -- 05/09/16 -- Canadian Natural (TSX: CNQ) (NYSE: CNQ) held its Annual and Special Meeting of Shareholders on May 5, 2016. The result of the vote by shareholders for each resolution is reported below.
1. The election of the following nominees as directors of the Corporation
for the ensuing year or until their successors are elected or appointed.
Votes For Votes Withheld
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Catherine M. Best 778,147,535 70,660,038
91.68% 8.32%
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N. Murray Edwards 836,606,047 12,201,582
98.56% 1.44%
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Timothy W. Faithfull 846,791,873 2,015,756
99.76% 0.24%
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Honourable Gary A. Filmon 846,723,836 2,083,793
99.75% 0.25%
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Christopher L. Fong 847,598,928 1,208,701
99.86% 0.14%
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Ambassador Gordon D. Giffin 822,109,636 26,697,993
96.85% 3.15%
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Wilfred A. Gobert 830,510,783 18,296,798
97.84% 2.16%
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Steve W. Laut 843,512,219 5,295,410
99.38% 0.62%
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Honourable Frank J. McKenna 830,169,551 18,638,078
97.80% 2.20%
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David A. Tuer 842,304,260 6,503,369
99.23% 0.77%
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Annette M. Verschuren 828,738,831 20,068,798
97.64% 2.36%
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Votes For Votes Withheld
2. The appointment of PricewaterhouseCoopers 849,472,799 13,289,114
LLP as auditors of the Corporation for the 98.46% 1.54%
ensuing year and to authorize the Audit
Committee of the Board of Directors to fix
their remuneration.
Votes For Votes Against
3. An ordinary resolution approving all 614,446,951 234,360,638
unallocated stock options pursuant to the 72.39% 27.61%
Amended, Compiled and Restated Employee
Stock Option Plan of the Corporation
4. A special resolution approving a plan of 846,815,671 1,991,957
arrangement under section 193 of the 99.77% 0.23%
Business Corporations Act (Alberta) in
respect of a return of capital to
Shareholders of the Corporation, which
will be made through the distribution of
PrairieSky Royalty Ltd. common shares
5. The Corporation's approach to executive 745,680,738 103,126,851
compensation. 87.85% 12.15%
Canadian Natural is a senior oil and natural gas production company, with continuing operations in its core areas located in Western Canada, the U.K. portion of the North Sea and Offshore Africa.
Certain information regarding the Company contained herein may constitute forward-looking statements under applicable securities laws. Such statements are subject to known or unknown risks and uncertainties that may cause actual results to differ materially from those anticipated or implied in the forward-looking statements. Refer to our website for complete forward-looking statements www.cnrl.com
Contacts:
Steve W. Laut
President
Corey B. Bieber
Chief Financial Officer and Senior Vice-President, Finance
Mark A. Stainthorpe
Director, Treasury and Investor Relations
Canadian Natural Resources Limited
2100, 855 - 2nd Street S.W.
Calgary, Alberta, T2P 4J8 Canada
Phone: (403) 514-7777
(403) 514-7888 (FAX)
ir@cnrl.com
www.cnrl.com
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