EX-99.2 3 exh_992.htm EXHIBIT 99.2 EdgarFiling

Exhibit 99.2

 

Annual and Special Meeting of Shareholders

 

of

 

PRECISION DRILLING CORPORATION

May 16, 2024

 

REPORT OF VOTING RESULTS

 

National Instrument 51-102 – Continuous Disclosure Obligations - Section 11.3

 

In respect of the Annual and Special Meeting (the "Annual Meeting") of holders of common shares of Precision Drilling Corporation (the "Corporation"), the following sets forth a brief description of each item of business (as more fully described in the Corporation’s Management Information Circular, dated April 3, 2024) which was voted upon at the Annual Meeting and the outcome of the vote:

 

Description of Matter Votes For Percent Votes Against/
Withheld
Percent
1.

Ordinary resolution to approve the election of the following nominees to serve as the directors of the Corporation for the ensuing year, or until successors are duly elected or appointed:

 

 

       
  William T. Donovan 7,926,016 98.58% 114,578 1.42%
  Steven W. Krablin 7,360,243 91.54% 680,351 8.46%
  Lori A. Lancaster 7,924,950 98.56% 115,644 1.44%
  Susan M. MacKenzie 7,901,897 98.28% 138,697 1.72%
  Kevin O. Meyers 7,452,216 92.68% 588,378 7.32%
  David W. Williams 7,944,654 98.81% 95,940 1.19%
  Alice L. Wong 7,529,780 93.65% 510,814 6.35%
  Kevin A. Neveu 7,963,039 99.04% 77,555 0.96%
           
2. Ordinary resolution to approve the appointment of KPMG LLP as auditors of the Corporation to hold office until the next annual meeting of shareholders at a remuneration to be fixed by the board of directors. 8,406,762 98.44% 133,303 1.56%
3. Advisory resolution on the Corporation's approach to executive compensation (‘Say on Pay’). 6,238,920 77.59% 1,801,674 22.41%
4. Resolution approving the adoption of a new Director Share Unit Plan. 7,173,657 89.22% 866,937 10.78%
5. Resolution authorizing an amendment to the Corporation’s Omnibus Equity Incentive Plan to increase the number of common shares that may be issued under the plan by 500,000 shares. 7,153,951 88.97% 886,643 11.03%