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Trican Well Service Ltd. Announces the 2026 Annual Meeting Results

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Trican Well Service (OTCQX:TOLWF) reported final voting results from its May 12, 2026 annual meeting. Shareholders elected seven directors, each receiving at least 89.42% support, and reappointed KPMG LLP as auditors with 97.24% of votes cast.

An advisory vote on Trican’s executive compensation approach passed with 98.83% support, indicating strong shareholder backing. Trican, based in Calgary, provides hydraulic fracturing, cementing, coiled tubing, nitrogen and chemical services to oil and gas operators in Western Canada and describes itself as Canada’s largest pressure pumping service company.

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Calgary, Alberta--(Newsfile Corp. - May 12, 2026) - Trican Well Service Ltd. (TSX: TCW) ("Trican" or the "Company") announces the final results from its 2026 annual meeting held on May 12, 2026 (the "Meeting").

The following seven 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. Alford126,711,41499.43%730,1160.57%
Thomas M. Coolen127,136,81299.76%304,7180.24%
Trudy M. Curran123,960,02797.27%3,481,5032.73%
Bradley P.D. Fedora127,184,86499.80%256,6660.20%
Michael J. McNulty127,050,26899.69%391,2620.31%
Stuart G. O'Connor124,180,68097.44%3,260,8502.56%
Deborah S. Stein113,954,98589.42%13,486,54510.58%

 

At the Meeting, shareholders also voted to approve the appointment of KPMG LLP as auditors of Trican, with Votes For totaling 126,462,916 Trican Shares representing 97.24% of the Trican Shares voted. An advisory vote to accept Trican's approach to executive compensation was approved by shareholders with Votes For totaling 125,950,240 Trican Shares representing 98.83% 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/297255

FAQ

What were the 2026 annual meeting results for Trican Well Service (TOLWF)?

Trican’s 2026 annual meeting saw all seven director nominees elected and all resolutions approved. According to Trican, shareholders also reappointed KPMG as auditors and supported the company’s executive compensation approach, with approval levels above 89% for all director nominees and key items.

Which directors were elected at Trican Well Service’s 2026 annual meeting?

Shareholders elected Thomas M. Alford, Thomas M. Coolen, Trudy M. Curran, Bradley P.D. Fedora, Michael J. McNulty, Stuart G. O’Connor and Deborah S. Stein. According to Trican, each director will serve until the next annual meeting or until a successor is elected or appointed.

How did Trican Well Service (TOLWF) shareholders vote on executive compensation in 2026?

Shareholders approved Trican’s advisory resolution on executive compensation with 125,950,240 votes for, representing 98.83% of shares voted. According to Trican, this non-binding say-on-pay vote indicates broad shareholder support for its current executive pay approach at the 2026 annual meeting.

Who is the auditor for Trican Well Service after the 2026 annual meeting vote?

KPMG LLP was reappointed as Trican’s external auditor at the 2026 annual meeting. According to Trican, 126,462,916 shares, or 97.24% of shares voted, supported KPMG’s appointment, confirming continued shareholder backing for the company’s existing audit relationship.

What does Trican Well Service (TOLWF) do in the oil and gas sector?

Trican provides oil and natural gas well servicing equipment and solutions across drilling, completion and production cycles. According to Trican, its services include hydraulic fracturing, cementing, coiled tubing, nitrogen and chemical sales, and it is the largest pressure pumping service company in Canada.

Where is Trican Well Service headquartered and what region does it serve?

Trican is headquartered in Calgary, Alberta, Canada, and focuses on Western Canadian oil and gas markets. According to Trican, it supports customers throughout drilling, completion and production with technical expertise, engineering support, reservoir analysis and laboratory services tied to its pressure pumping offerings.