Cenovus reports voting results of annual meeting of shareholders
Cenovus Energy (TSX: CVE) (NYSE: CVE) held its annual meeting of shareholders on May 8, 2025, where several key matters were voted upon. PricewaterhouseCoopers LLP was reappointed as auditor with 99.58% approval. All 14 director nominees were successfully elected to the board, with approval ratings ranging from 79.92% to 99.54%. Chana Martineau, CEO of Alberta Indigenous Opportunities Corporation, joined the board, bringing 30 years of financial expertise. In a significant leadership change, Alex Pourbaix transitioned to non-independent Chair of the Board, while Claude Mongeau continues as Lead Independent Director. The shareholders also approved the company's executive compensation approach with 97.32% support.
Cenovus Energy (TSX: CVE) (NYSE: CVE) ha tenuto l'assemblea annuale degli azionisti l'8 maggio 2025, durante la quale sono state votate diverse questioni importanti. PricewaterhouseCoopers LLP è stata riconfermata come revisore contabile con il 99,58% di approvazione. Tutti e 14 i candidati al consiglio di amministrazione sono stati eletti con successo, con percentuali di approvazione che variano dal 79,92% al 99,54%. Chana Martineau, CEO di Alberta Indigenous Opportunities Corporation, si è unita al consiglio, portando 30 anni di esperienza finanziaria. In un cambiamento significativo nella leadership, Alex Pourbaix è passato a Presidente del Consiglio non indipendente, mentre Claude Mongeau continua come Direttore Indipendente Principale. Gli azionisti hanno inoltre approvato con il 97,32% di supporto l'approccio della società alla remunerazione dei dirigenti.
Cenovus Energy (TSX: CVE) (NYSE: CVE) celebró su junta anual de accionistas el 8 de mayo de 2025, donde se votaron varios asuntos clave. PricewaterhouseCoopers LLP fue reelegida como auditor con un 99,58% de aprobación. Los 14 candidatos a directores fueron elegidos con éxito, con niveles de aprobación que oscilaron entre el 79,92% y el 99,54%. Chana Martineau, CEO de Alberta Indigenous Opportunities Corporation, se unió a la junta, aportando 30 años de experiencia financiera. En un cambio importante en el liderazgo, Alex Pourbaix asumió el cargo de Presidente no independiente del Consejo, mientras que Claude Mongeau continúa como Director Independiente Principal. Los accionistas también aprobaron el enfoque de compensación ejecutiva de la empresa con un 97,32% de apoyo.
Cenovus Energy (TSX: CVE) (NYSE: CVE)는 2025년 5월 8일 연례 주주총회를 개최하여 여러 주요 안건에 대해 투표를 진행했습니다. PricewaterhouseCoopers LLP가 99.58%의 찬성으로 감사인으로 재선임되었습니다. 14명의 이사 후보 전원이 성공적으로 이사회에 선출되었으며, 승인율은 79.92%에서 99.54% 사이였습니다. Chana Martineau 알버타 원주민 기회 공사 CEO가 30년의 금융 전문성을 바탕으로 이사회에 합류했습니다. 중요한 리더십 변화로 Alex Pourbaix가 비독립 이사회 의장으로 전환되었으며, Claude Mongeau는 수석 독립 이사로 계속 활동합니다. 주주들은 또한 회사의 경영진 보상 방안에 대해 97.32%의 지지로 승인했습니다.
Cenovus Energy (TSX : CVE) (NYSE : CVE) a tenu son assemblée annuelle des actionnaires le 8 mai 2025, au cours de laquelle plusieurs points clés ont été soumis au vote. PricewaterhouseCoopers LLP a été reconduite en tant qu’auditeur avec 99,58 % d’approbation. Les 14 candidats au conseil d’administration ont tous été élus avec succès, les taux d’approbation variant de 79,92 % à 99,54 %. Chana Martineau, PDG de l’Alberta Indigenous Opportunities Corporation, a rejoint le conseil, apportant 30 ans d’expertise financière. Dans un changement majeur de direction, Alex Pourbaix est devenu président non indépendant du conseil, tandis que Claude Mongeau continue en tant que directeur indépendant principal. Les actionnaires ont également approuvé l’approche de la société en matière de rémunération des dirigeants avec un soutien de 97,32 %.
Cenovus Energy (TSX: CVE) (NYSE: CVE) hielt am 8. Mai 2025 seine jährliche Hauptversammlung der Aktionäre ab, bei der mehrere wichtige Angelegenheiten zur Abstimmung standen. PricewaterhouseCoopers LLP wurde mit 99,58 % Zustimmung als Prüfer wiederbestellt. Alle 14 Kandidaten für den Vorstand wurden erfolgreich gewählt, mit Zustimmungsraten zwischen 79,92 % und 99,54 %. Chana Martineau, CEO der Alberta Indigenous Opportunities Corporation, trat dem Vorstand bei und bringt 30 Jahre finanzielle Expertise mit. In einer bedeutenden Führungsänderung wechselte Alex Pourbaix zum nicht unabhängigen Vorstandsvorsitzenden, während Claude Mongeau weiterhin als leitender unabhängiger Direktor fungiert. Die Aktionäre genehmigten zudem mit 97,32 % Unterstützung den Ansatz des Unternehmens zur Vergütung der Geschäftsleitung.
- New board member Chana Martineau brings 30 years of financial strategy and management experience
- Strong shareholder support with most board members receiving over 98% approval
- High approval (97.32%) for executive compensation approach
- Smooth leadership transition with Alex Pourbaix moving to Board Chair position
- Relatively lower shareholder support for Frank J. Sixt (79.92% approval)
CALGARY, Alberta, May 08, 2025 (GLOBE NEWSWIRE) -- Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) held its annual meeting of shareholders on May 8, 2025. Each matter voted on is described in greater detail in the Corporation’s 2025 Management Information Circular dated March 12, 2025.
Shareholders voted as follows on the matters before the meeting:
Appointment of Auditor
PricewaterhouseCoopers LLP, Chartered Professional Accountants, was reappointed as auditor of the Corporation.
| Votes for | Votes withheld | ||
| Number | Percent | Number | Percent |
| 1,479,069,159 | 99.58 | 6,198,457 | 0.42 |
Election of Directors
Each of the following 14 nominees proposed by management were elected directors of the Corporation:
| Nominee | Votes for | Votes against | ||
| Number | Percent | Number | Percent | |
| Stephen E. Bradley | 1,436,654,782 | 99.47 | 7,633,157 | 0.53 |
| Keith M. Casey | 1,433,735,075 | 99.27 | 10,553,916 | 0.73 |
| Michael J. Crothers | 1,433,314,572 | 99.24 | 10,975,197 | 0.76 |
| James D. Girgulis | 1,437,307,360 | 99.52 | 6,982,411 | 0.48 |
| Jane E. Kinney | 1,431,229,021 | 99.10 | 13,059,246 | 0.90 |
| Eva L. Kwok | 1,426,200,877 | 98.75 | 18,086,892 | 1.25 |
| Melanie A. Little | 1,432,129,625 | 99.16 | 12,159,363 | 0.84 |
| Richard J. Marcogliese | 1,429,056,098 | 98.95 | 15,233,673 | 1.05 |
| Chana L. Martineau | 1,437,677,888 | 99.54 | 6,611,881 | 0.46 |
| Jonathan M. McKenzie | 1,433,520,858 | 99.25 | 10,766,914 | 0.75 |
| Claude Mongeau | 1,408,344,566 | 97.51 | 35,944,425 | 2.49 |
| Alexander J. Pourbaix | 1,417,365,414 | 98.14 | 26,924,356 | 1.86 |
| Frank J. Sixt | 1,154,291,947 | 79.92 | 289,997,821 | 20.08 |
| Rhonda I. Zygocki | 1,419,942,305 | 98.31 | 24,347,463 | 1.69 |
Cenovus welcomes Chana Martineau to the Board of Directors. Ms. Martineau is the Chief Executive Officer of the Alberta Indigenous Opportunities Corporation, and brings more than 30 years of financial strategy and management experience to the Board.
As part of Cenovus’s leadership succession plan, effective at the conclusion of the 2025 annual meeting of shareholders, Alex Pourbaix moved to the role of non-independent Chair of the Board of Directors. Claude Mongeau continues in the role of Lead Independent Director.
Non-Binding Advisory Vote on the Corporation’s Approach to Executive Compensation
An advisory resolution was passed to accept the Corporation’s approach to executive compensation.
| Votes for | Votes against | ||
| Number | Percent | Number | Percent |
| 1,405,612,741 | 97.32 | 38,667,029 | 2.68 |
Cenovus Energy Inc.
Cenovus Energy Inc. is an integrated energy company with oil and natural gas production operations in Canada and the Asia Pacific region, and upgrading, refining and marketing operations in Canada and the United States. The company is committed to maximizing value by developing its assets in a safe, responsible and cost-efficient manner, integrating environmental, social and governance considerations into its business plans. Cenovus common shares and warrants are listed on the Toronto and New York stock exchanges, and the company’s preferred shares are listed on the Toronto Stock Exchange. For more information, visit cenovus.com.
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