Suncor Energy Reports Voting Results from Annual General Meeting
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Source
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Press Release
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Company
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Suncor Energy Inc. |
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Tags
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People, Strategy - Corporate
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Date
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May 09, 2023
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Suncor (TSX: SU) (NYSE: SU) held its Annual General Meeting in Calgary today. A total of 907,152,053 shares (approximately 68.50% of outstanding common shares) were represented in person or by proxy.
Shareholders voted as follows on the matters before the meeting:
1. Shareholders elected the following thirteen board members (twelve of whom are independent), with shares represented at the meeting voting in favour of individual directors as follows:
| Ian R. Ashby |
99.83% |
| Patricia M. Bedient |
99.02% |
| Russell K. Girling |
98.91% |
| Jean Paul Gladu |
99.16% |
| Dennis M. Houston |
99.41% |
| Richard M. Kruger |
99.83% |
| Brian P. MacDonald |
98.63% |
| Lorraine Mitchelmore |
94.19% |
| Daniel Romasko |
99.82% |
| Christopher R. Seasons |
99.84% |
| M. Jacqueline Sheppard |
99.76% |
| Eira M. Thomas |
98.09% |
| Michael M. Wilson |
97.92% |
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2. Shareholders appointed KPMG LLP as Suncor's auditors.
3. Management's approach to executive compensation (say on pay) disclosed in Suncor's management proxy circular dated March 24, 2023 was approved with 96.42% of shares represented at the meeting voting in favour.
4. The resolution requesting Suncor produce a report outlining how its capital expenditure plans align with its 2030 emission reductions target and its 2050 net zero target was denied with 82.29% of shares represented at the meeting voting against the proposal, in line with management's recommendation.
Note: the biographies of Board members and further details about Suncor's corporate governance practices are available at suncor.com.
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