Enerflex Ltd. Announces Election of Directors

Enerflex (TSX: EFX, NYSE: EFXT) held its Annual and Special Meeting on May 6, 2026, and shareholders elected all 10 nominee directors presented in the management information circular.

Rhea-AI Impact

(Moderate)

Rhea-AI Sentiment

(Neutral)

Rhea-AI Summary

Enerflex (TSX: EFX, NYSE: EFXT) held its Annual and Special Meeting on May 6, 2026, and shareholders elected all 10 nominee directors presented in the management information circular.

Vote tallies show strong support: individual ‘for’ votes ranged from 86,003,820 to 88,451,140, with percentages between 96.97% and 99.73%.

Positive

All 10 directors elected on May 6, 2026
Two directors received over 99% support (Mahoney, Gouin)
Individual 'for' votes exceeded 86 million shares each

Negative

Highest 'against' percentage was 3.03% (Thomas B. Tyree, Jr.)
Several directors had >2% opposition on individual votes

Argus May 7 session

+4.95% close to close Open Argus

Details

News Market Reaction – EFXT

In the May 7 session, EFXT gained 4.95%, reflecting a moderate positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

Market Context

This announcement confirms shareholder approval of all 10 director nominees, with support levels gen...

Analysis

This announcement confirms shareholder approval of all 10 director nominees, with support levels generally above 97%. It follows a period marked by Q4/25 results, debt refinancing, and an APAC divestiture agreement, as reflected in filings such as the Form 40-F and multiple 6-K reports. Investors may focus more on upcoming financial results, capital allocation decisions, and execution on divestiture plans than on this routine governance outcome.

Key Figures

Votes for Fernando R. Assing: 86,602,468 (97.65% for, 2.35% against) Votes for Benjamin Cherniavsky: 86,622,946 (97.67% for, 2.33% against) Votes for Joanne Cox: 86,155,032 (97.14% for, 2.86% against) +5 more

Votes for Fernando R. Assing: 86,602,468 (97.65% for, 2.35% against); Director election at 2026 Annual and Special Meeting
Votes for Benjamin Cherniavsky: 86,622,946 (97.67% for, 2.33% against); Director election at 2026 Annual and Special Meeting
Votes for Joanne Cox: 86,155,032 (97.14% for, 2.86% against); Director election at 2026 Annual and Special Meeting
Votes for Céline B. Gerson: 86,706,678 (97.76% for, 2.24% against); Director election at 2026 Annual and Special Meeting
Votes for James C. Gouin: 88,278,871 (99.54% for, 0.46% against); Director election at 2026 Annual and Special Meeting
Votes for Paul Mahoney: 88,451,140 (99.73% for, 0.27% against); Director election at 2026 Annual and Special Meeting
Lowest support among nominees: Fernando R. Assing (97.65% for); Range of approval levels across 10 directors
Highest support among nominees: Paul Mahoney (99.73% for); Range of approval levels across 10 directors

Historical Context

5 past events · Latest: Apr 21

5 events

Apr 21
Earnings timing

24h Move

+4.9%

Announced Q1 2026 results release date and investor update schedule.
Feb 26
Business divestiture

24h Move

+17.0%

Definitive agreement to sell APAC aftermarket operations to INNIO.
Feb 25
Earnings & outlook

24h Move

+17.0%

Reported Q4/25 results, record free cash flow, backlog details, APAC sale.
Jan 14
Earnings timing

24h Move

+1.9%

Set date and call details for FY 2025 results release.
Dec 11
Debt refinancing

24h Move

+1.5%

Redeemed 9.00% 2027 notes, funded with new 2031 notes and credit facility.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Key Terms

annual and special meeting of shareholders, management information circular, securities regulators

3 terms

annual and special meeting of shareholders regulatory

"at its Annual and Special Meeting of Shareholders (the "Meeting") held virtually"

A combined reference to the regular yearly gathering where shareholders vote on routine business (annual meeting) and any extra meetings called to decide urgent or specific matters (special meeting). Think of the annual meeting as the company’s yearly check-in and the special meeting as a quick boardroom session called when something important requires shareholder approval; both matter because they determine leadership, major policy, and actions that can change a stock’s value.

management information circular regulatory

"nominee directors presented in the Company’s Management Information Circular dated March 20"

A management information circular is a document sent to shareholders ahead of a company meeting that explains who is asking for votes, what decisions will be made, and why management recommends a particular outcome. Like an instruction booklet and argument sheet combined, it lays out details such as board nominees, executive pay, major transactions and any conflicts, helping investors decide how to vote and judge whether leadership choices could affect the company’s future value.

securities regulators regulatory

"voting results ... will be filed with the Canadian and U.S. securities regulators"

Government or independent agencies that oversee and enforce the rules for buying, selling and reporting on financial securities, acting like referees for capital markets to keep trading fair and transparent. They require companies to share accurate information, investigate fraud or insider trading, and can impose fines, suspensions or new rules—actions that protect investors, influence market trust, and can directly affect stock prices and a company’s ability to raise money.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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05/06/2026 - 08:53 PM

CALGARY, Alberta, May 06, 2026 (GLOBE NEWSWIRE) -- Enerflex Ltd. (TSX: EFX) (NYSE: EFXT) ("Enerflex" or the "Company"), announces that at its Annual and Special Meeting of Shareholders (the "Meeting") held virtually on May 6, 2026, Enerflex’s shareholders approved the election of all 10 nominee directors presented in the Company’s Management Information Circular dated March 20, 2026. The shares represented at the Meeting voting on individual nominee directors were as follows:

	Approval		Against
Director	Votes For	Percentage	Votes Against	Percentage
Fernando R. Assing	86,602,468	97.65%	2,088,077	2.35%
Benjamin Cherniavsky	86,622,946	97.67%	2,067,599	2.33%
Joanne Cox	86,155,032	97.14%	2,535,513	2.86%
Céline B. Gerson	86,706,678	97.76%	1,983,867	2.24%
James C. Gouin	88,278,871	99.54%	411,674	0.46%
Mona Hale	86,475,109	97.50%	2,215,436	2.50%
Paul Mahoney	88,451,140	99.73%	239,405	0.27%
Kevin J. Reinhart	86,516,043	97.55%	2,174,502	2.45%
Thomas B. Tyree, Jr.	86,003,820	96.97%	2,686,725	3.03%
Juan Carlos Villegas	86,375,516	97.39%	2,315,029	2.61%

Final voting results on all matters voted on at the Meeting held earlier today will be filed with the Canadian and U.S. securities regulators.

ABOUT ENERFLEX

Enerflex is a leading provider of modular natural gas, power technology and treated water solutions, delivering value through disciplined execution and a deliberate approach to where we compete. Our customer focused delivery model supports operational excellence, innovation, and scalability across our global footprint with a focus on creating long-term shareholder value.

With approximately 4,400 engineers, manufacturers, technicians, professionals, and innovators, Enerflex is bound together by a shared vision: Transforming Energy for a Sustainable Future. The Company remains committed to the future of natural gas and the critical role it plays, while focused on sustainability offerings to support the world’s energy needs.

Enerflex’s common shares trade on the Toronto Stock Exchange under the symbol “EFX” and on the New York Stock Exchange under the symbol “EFXT”. For more information about Enerflex, visit www.enerflex.com.

For investor and media enquiries, please contact the Company by email to chair@enerflex.com or ir@enerflex.com.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

Who was elected to the Enerflex board at the May 6, 2026 meeting (EFXT)?

All 10 nominees were elected to the Enerflex board on May 6, 2026. According to the company, each nominee received majority shareholder approval, with individual 'for' vote counts ranging from 86,003,820 to 88,451,140 shares.

What were the top 'for' vote percentages for Enerflex directors (EFXT) on May 6, 2026?

The highest 'for' vote percentages exceeded 99%. According to the company, James C. Gouin received 99.54% and Paul Mahoney received 99.73% of votes cast in favor of their elections.

Which Enerflex director received the most opposition at the May 6, 2026 meeting (EFXT)?

Thomas B. Tyree, Jr. received the largest 'against' percentage at 3.03%. According to the company, his tally showed 86,003,820 votes for and 2,686,725 votes against his election.

Will Enerflex file the final voting results with regulators for the May 6, 2026 meeting (EFXT)?

Yes, final voting results will be filed with securities regulators. According to the company, complete results on all matters voted on at the meeting will be submitted to Canadian and U.S. regulators.

How did shareholder support generally trend for Enerflex director elections on May 6, 2026 (EFXT)?

Shareholder support was strong across the board, generally above 96.9%. According to the company, most nominees received 'for' vote percentages in the mid-to-high 97% range or better.

Enerflex Ltd. Announces Election of Directors