Valeura Announces Voting Results

Rhea-AI Summary

Valeura Energy (OTCQX:VLERF, TSX:VLE) reported voting results from its annual general and special meeting held on 14 May 2026. Shareholders approved the appointment of Deloitte & Touche LLP (Singapore) as auditor, the election of all director nominees, and the allocation of unallocated options, performance share units, and restricted share units under the company's equity incentive plans.

Director support ranged from about 74% to over 97% of votes cast.

AI-generated analysis. Not financial advice.

CALGARY, AB / ACCESS Newswire / May 15, 2026 / Valeura Energy Inc. (TSX:VLE, OTCQX:VLERF) ("Valeura" or the "Corporation") reports the voting results from its annual general and special meeting of shareholders held on 14 May 2026.

Shareholders voted on and approved the following proposals: (1) the appointment of Deloitte & Touche LLP (Singapore) as the auditors of the Corporation; (2) the election of the directors of the Corporation, (3) the allocation of unallocated options under the Corporation's stock option plan; and (4) the allocation of unallocated performance share units and restricted share units under the Corporation's performance and restricted share unit plan.

The voting results for the election of the directors are as follows:

	Total Votes			% of Votes Cast
Nominee	For	Withheld	Total	For	Withheld
Dr. W. Sean Guest	61,454,987	1,527,307	62,982,294	97.58%	2.42%
Dr. Timothy R. Marchant	59,390,925	3,591,370	62,982,295	94.30%	5.70%
Joseph A. Tomkiewicz	61,454,787	1,527,507	62,982,294	97.57%	2.43%
Russell J. Hiscock	57,381,331	5,600,964	62,982,295	91.11%	8.89%
Timothy N. Chapman	61,455,237	1,527,057	62,982,294	97.58%	2.42%
Lina Lee	61,067,670	1,914,626	62,982,296	96.96%	3.04%
Anna Green	61,067,635	1,914,661	62,982,296	96.96%	3.04%
Chalermchai Mahagitsiri	46,588,049	16,394,246	62,982,295	73.97%	26.03%

About the Company

Valeura Energy Inc. is a Canadian public company engaged in the exploration, development and production of petroleum and natural gas in Thailand and Türkiye. The Corporation is executing a growth-oriented strategy, reinvesting into its producing asset portfolio while deploying capital toward further organic and inorganic growth across Southeast Asia. Valeura is committed to delivering value-accretive growth for all stakeholders, underpinned by high standards of environmental, social and governance responsibility.

Additional information relating to Valeura is also available on SEDAR+ at www.sedarplus.ca.

For further information, please contact:

Valeura Energy Inc. (General Corporate Enquiries) +65 6373 6940
Sean Guest, President and CEO
Yacine Ben-Meriem, CFO
Contact@valeuraenergy.com

Valeura Energy Inc. (Investor and Media Enquiries) +1 403 975 6752
Robin James Martin, SVP, Communications and Investor Relations
IR@valeuraenergy.com

Contact details for the Corporation's advisors, covering research analysts and joint brokers, including Auctus Advisors LLP, Beacon Securities Limited, Canaccord Genuity Ltd (UK), Cormark Securities Inc., Research Capital Corporation, Roth Canada Inc., and Stifel Nicolaus Europe Limited, are listed on the Corporation's website at www.valeuraenergy.com/investor-information/analysts/.

This announcement does not contain inside information.

This news release does not constitute an offer to sell or the solicitation of an offer to buy securities in any jurisdiction, including where such offer would be unlawful. This news release is not for distribution or release, directly or indirectly, in or into the United States, Ireland, the Republic of South Africa or Japan or any other jurisdiction in which its publication or distribution would be unlawful.

Neither the Toronto Stock Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Toronto Stock Exchange) accepts responsibility for the adequacy or accuracy of this news release.

This information is provided by Reach, the non-regulatory press release distribution service of RNS, part of the London Stock Exchange. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com

SOURCE: Valeura Energy Inc.

View the original press release on ACCESS Newswire

FAQ

What did Valeura Energy (VLERF) announce from its May 14, 2026 shareholder meeting?

Valeura Energy announced that shareholders approved all proposals at the May 14, 2026 meeting. These included appointing Deloitte & Touche LLP as auditor, electing directors, and approving allocations under stock option and share unit plans.

Which auditors did Valeura Energy (VLERF) shareholders approve in May 2026?

Shareholders approved Deloitte & Touche LLP (Singapore) as Valeura Energy’s auditors. According to the company, this appointment was one of four resolutions passed at the May 14, 2026 annual general and special meeting.

Were all Valeura Energy (VLERF) director nominees elected at the May 2026 AGM?

All Valeura Energy director nominees were elected at the May 14, 2026 AGM. Support levels ranged from 73.97% to 97.58% of votes cast, based on the reported detailed voting results by individual nominee.

What were the vote percentages for Valeura Energy director nominees in 2026?

Director nominees received between 73.97% and 97.58% of votes cast in favor. According to Valeura Energy, nominees like Dr. W. Sean Guest and Timothy N. Chapman exceeded 97% support, while Chalermchai Mahagitsiri received about 74% support.

Did Valeura Energy (VLERF) shareholders approve the stock option plan in May 2026?

Yes, shareholders approved the allocation of unallocated options under Valeura Energy’s stock option plan. According to the company, they also approved unallocated performance share units and restricted share units under its performance and restricted share unit plan.

What equity incentive plans did Valeura Energy (VLERF) shareholders approve in 2026?

Shareholders approved allocations of unallocated options, performance share units, and restricted share units. According to Valeura Energy, these relate to its stock option plan and its combined performance and restricted share unit plan, confirmed at the May 14, 2026 meeting.