Trican Well Service Ltd. Announces the 2025 Annual and Special Meeting Results

Rhea-AI Summary

Trican Well Service (TSX: TCW) held its 2025 annual and special meeting on May 13, where shareholders elected six directors to the board. All nominees received strong approval, with Bradley P.D. Fedora receiving the highest support at 99.29% of votes, while Deborah S. Stein received 90.84% of votes. Additionally, shareholders approved KPMG LLP as auditors with 94.58% support, unallocated options under the stock option plan with 96.14% approval, and the company's executive compensation approach with 95.97% of votes in favor.

Trican, headquartered in Calgary, Alberta, is Canada's largest pressure pumping service company, providing oil and natural gas well servicing equipment and solutions throughout drilling, completion, and production cycles.

Calgary, Alberta--(Newsfile Corp. - May 13, 2025) - Trican Well Service Ltd. (TSX: TCW) ("Trican" or the "Company") announces the final results from its 2025 annual and special meeting held on May 13, 2025 (the "Meeting").

The following six nominees were elected as directors of Trican to hold office until the next annual meeting of shareholders of Trican, or until their successors are elected or appointed:

Nominee	# Votes For	% Votes For	# Votes Withheld	% Votes Withheld
Thomas M. Alford	105,880,820	98.58%	1,524,276	1.42%
Trudy M. Curran	103,508,604	96.37%	3,896,492	3.63%
Bradley P.D. Fedora	106,641,513	99.29%	763,581	0.71%
Michael J. McNulty	104,643,973	97.43%	2,761,123	2.57%
Stuart G. O'Connor	103,592,468	96.45%	3,812,628	3.55%
Deborah S. Stein	97,565,879	90.84%	9,839,215	9.16%

 

At the Meeting, shareholders also voted to approve the appointment of KPMG LLP as auditors of Trican, with Votes For totaling 104,476,842 Trican Shares representing 94.58% of the Trican Shares voted. The Resolution to approve unallocated options under the Company's stock option plan was approved by shareholders with Votes For totaling 103,262,917 Trican Shares representing 96.14% of the Trican Shares Voted. An advisory vote to accept Trican's approach to executive compensation was approved by shareholders with Votes For totaling 103,081,496 Trican Shares representing 95.97% of the Trican Shares Voted.

ABOUT TRICAN

Headquartered in Calgary, Alberta, Trican supplies oil and natural gas well servicing equipment and solutions to our customers through the drilling, completion, and production cycles. Our team of technical experts provide state of the art equipment, engineering support, reservoir expertise and laboratory services through the delivery of hydraulic fracturing, cementing, coiled tubing, nitrogen services and chemical sales for the oil and gas industry in Western Canada. Trican is the largest pressure pumping service company in Canada.

Requests for further information should be directed to:

Bradley P.D. Fedora
President and Chief Executive Officer

Scott E. Matson
Chief Financial Officer

Phone: (403) 266-0202
Fax: (403) 237-7716
2900, 645 - 7th Avenue S.W.
Calgary, Alberta T2P 4G8

Please visit our website at www.tricanwellservice.com.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/251982

FAQ

Who are the newly elected directors of Trican Well Service (TOLWF) in 2025?

The six elected directors are Thomas M. Alford, Trudy M. Curran, Bradley P.D. Fedora, Michael J. McNulty, Stuart G. O'Connor, and Deborah S. Stein.

What was the voting result for KPMG LLP as Trican's auditors in the 2025 annual meeting?

KPMG LLP was approved as Trican's auditors with 104,476,842 shares (94.58% of votes) in favor.

What percentage of shareholders approved Trican's executive compensation approach in 2025?

95.97% of voting shares (103,081,496 shares) approved Trican's approach to executive compensation.

Which director received the highest shareholder approval at Trican's 2025 annual meeting?

Bradley P.D. Fedora received the highest shareholder approval with 99.29% of votes in favor.