EX-99.1 2 ex991.htm NEWS RELEASE DATED JUNE 14, 2019

Exhibit 99.1

 

Crescent Point Announces Annual General Meeting Results

CALGARY, June 14, 2019 /CNW/ - Crescent Point Energy Corp. ("Crescent Point" or the "Company") (TSX and NYSE: CPG) held its Annual General Meeting ("AGM" or "the meeting") on June 14, 2019.

During the regular business proceedings at the meeting, shareholders elected all director nominees to the Board of Directors of the Company (the "Board") and approved all other items of business brought before the meeting. Voting results for all resolutions are below.

1.  Fixing the Number of Directors

The appointment of 10 Board members for the ensuing year was approved by a show of hands. Votes were received as follows:

Votes For Percent Against Percent
237,403,335 97.53% 6,004,591 2.47%

 

2.  Election of Directors

The 10 director nominees were elected by a show of hands. Votes were received as follows:

Nominee Votes For Percent Withheld Percent
Craig Bryksa 237,397,239 97.53% 6,010,687 2.47%
Laura A. Cillis 236,634,172 97.22% 6,773,754 2.78%
James E. Craddock 236,395,822 97.12% 7,012,104 2.88%
John Dielwart 228,879,298 94.03% 14,528,628 5.97%
Ted Goldthorpe 236,414,938 97.13% 6,992,988 2.87%
Robert F. Heinemann 234,579,155 96.37% 8,828,771 3.63%
Mike Jackson 236,334,233 97.09% 7,073,693 2.91%
Jennifer F. Koury 236,770,229 97.27% 6,637,697 2.73%
François Langlois 236,212,160 97.04% 7,195,766 2.96%
Barbara Munroe 236,400,163 97.12% 7,007,763 2.88%

 

3.  Appointment of Auditors

The appointment of PricewaterhouseCoopers LLP as Crescent Point's auditor was approved by a show of hands. Votes were received as follows:

Votes For Percent Against Percent
257,072,192 97.39% 6,877,153 2.61%

 

4.  Reduction in Stated Capital

The resolution approving a reduction in the stated capital account maintained in respect of the common shares of the Company by $6 billion was approved by a show of hands. Votes were received as follows:

Votes For Percent Against Percent
237,809,369 97.70% 5,598,556 2.30%

 

5.  Advisory Vote on Executive Compensation

The resolution to accept the Company's approach to executive compensation, the full text of which is set forth in the Information Circular, was approved. Votes were received as follows:

Votes For Percent Against Percent
213,091,322 87.54% 30,336,579 12.46%

 

The biographies of Crescent Point's Board members, details about its governance practices and a recorded webcast from the meeting earlier today are available on www.crescentpointenergy.com.

Crescent Point is a leading North American light oil producer, driven to enhance shareholder returns by cost-effectively developing a focused asset base in a responsible and sustainable manner.

FOR MORE INFORMATION ON CRESCENT POINT ENERGY, PLEASE CONTACT:

Brad Borggard, Senior Vice President, Corporate Planning and Capital Markets, or

Shant Madian, Vice President, Investor Relations and Corporate Communications

Telephone: (403) 693-0020 Toll-free (US and Canada): 888-693-0020  Fax: (403) 693-0070

Address: Crescent Point Energy Corp. Suite 2000, 585 - 8th Avenue S.W. Calgary AB  T2P 1G1

www.crescentpointenergy.com

Crescent Point shares are traded on the Toronto Stock Exchange and New York Stock Exchange under the symbol CPG.

CisionView original content:http://www.prnewswire.com/news-releases/crescent-point-announces-annual-general-meeting-results-300868044.html

SOURCE Crescent Point Energy Corp.

View original content: http://www.newswire.ca/en/releases/archive/June2019/14/c2352.html

%CIK: 0001545851

CO: Crescent Point Energy Corp.

CNW 17:40e 14-JUN-19