Strong shareholder support at Precision Drilling (NYSE: PDS) 2026 AGM

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

6-K

Rhea-AI Filing Summary

Precision Drilling Corporation reports strong shareholder support at its 2026 Annual Meeting of Shareholders held on May 14, 2026. All eight director nominees were elected, with individual support ranging from 90.52% to 99.77% of votes cast. Shareholders also approved the appointment of PricewaterhouseCoopers LLP as auditors, with 99.17% of votes in favour, and backed the Company’s non-binding advisory resolution on executive compensation (“Say on Pay”) with 95.33% support.

Key Figures

Votes for Donovan: 7,503,057 votes Votes for Krablin: 6,963,752 votes Highest director support: 99.77% votes for +4 more

7 metrics

Votes for Donovan 7,503,057 votes William T. Donovan director election; 97.53% of votes for

Votes for Krablin 6,963,752 votes Steven W. Krablin director election; 90.52% of votes for

Highest director support 99.77% votes for David W. Williams director election; 7,675,106 votes for

Auditor appointment support 8,247,837 votes for (99.17%) Approval of PricewaterhouseCoopers LLP as auditors

Auditor votes against 69,151 votes (0.83%) Votes against appointing PricewaterhouseCoopers LLP

Say on Pay support 7,333,880 votes for (95.33%) Advisory resolution on executive compensation

Say on Pay against 358,990 votes (4.67%) Votes against advisory executive compensation approach

Key Terms

non-binding advisory vote, Say on Pay, National Instrument 51-102 – Continuous Disclosure Obligations, Management Information Circular, +1 more

5 terms

non-binding advisory vote financial

"including the non-binding advisory vote on the Company’s approach to executive compensation"

A non-binding advisory vote is a shareholder vote that expresses investors’ opinion on a proposal (such as executive pay, corporate policy, or governance practices) but does not legally force the company to act. Think of it like a customer survey: it signals whether owners approve or disapprove and can pressure boards and managers to change course, so investors watch the result as an indicator of governance risk and potential future shifts in company strategy or leadership.

Say on Pay financial

"Advisory resolution on the Corporation's approach to executive compensation (‘Say on Pay’)."

Say on pay is a shareholder vote—typically nonbinding—on a company’s executive compensation package, allowing investors to approve or reject how top managers are paid. Think of it as a public performance review: widespread disapproval can signal poor governance, prompt changes to pay practices, attract activist investors, and influence investor confidence and share value. It matters because it gives owners a direct way to influence compensation that affects company incentives and long-term performance.

National Instrument 51-102 – Continuous Disclosure Obligations regulatory

"REPORT OF VOTING RESULTS National Instrument 51-102 – Continuous Disclosure Obligations - Section 11.3"

A Canadian securities regulation that requires publicly traded companies to keep the market informed by regularly filing financial reports and promptly announcing any important developments that could affect their share price. It’s like a rule that makes firms send both scheduled progress reports and immediate alerts about major news so investors can make timely decisions based on the same information. Complying with these obligations helps maintain fair, transparent markets and reduces surprises for investors.

Management Information Circular regulatory

"nominee directors presented in the Company’s Management Information Circular (the Circular), dated April 1, 2026."

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.

independent financial

"Shareholders approved the election of all eight (seven of whom are independent) of the nominee directors"

Form 6-K: How Foreign Companies Report to the SEC →

05/14/2026 - 05:00 PM

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 6-K

REPORT OF FOREIGN PRIVATE ISSUER

Pursuant to Section 13a-16 or 15d-16 of the

Securities Exchange Act of 1934

For the month of, May 2026

Commission File Number: 001-14534

Precision Drilling Corporation

(Exact name of registrant as specified in its charter)

800, 525 - 8 Avenue S.W.
Calgary, Alberta
Canada T2P 1G1

(Address of principal executive offices)

Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.

Form 20-F ___ Form 40-F X

SIGNATURE

Pursuant to the requirements of Section 12 of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

Dated: May 14, 2026		PRECISION DRILLING CORPORATION



		By: /s/ Dustin D Honing
		Name: Dustin D Honing
		Title: Chief Financial Officer

Exhibit	DESCRIPTION

99.1	PRECISION DRILLING CORPORATION ANNOUNCES VOTING RESULTS FROM THE 2026 ANNUAL MEETING OF SHAREHOLDERS

99.2

REPORT OF VOTING RESULTS

Exhibit 99.1

NEWS RELEASE

PRECISION DRILLING corporation announces voting results from the 2026 annual meeting of shareholders

Calgary, Alberta, May 14, 2026 – Precision Drilling Corporation (Precision or the Company) is pleased to announce the results of the election of board members at its 2026 Annual Meeting of Shareholders held on May 14, 2026 (the Annual Meeting). Shareholders approved the election of all eight (seven of whom are independent) of the nominee directors presented in the Company’s Management Information Circular (the Circular), dated April 1, 2026.

The shares represented at the Annual Meeting voting in favour of individual nominee directors are as follows:

Nominee	# Votes For	% Votes For	# Votes Withheld	% Votes Withheld
William T. Donovan	7,503,057	97.53%	189,813	2.47%
Steven W. Krablin	6,963,752	90.52%	729,118	9.48%
Lori A. Lancaster	7,388,916	96.05%	303,954	3.95%
Susan M. MacKenzie	7,392,047	96.09%	300,823	3.91%
Kevin O. Meyers	7,536,595	97.97%	156,275	2.03%
David W. Williams	7,675,106	99.77%	17,764	0.23%
Alice L. Wong	7,426,681	96.54%	266,189	3.46%
Carey T. Ford	7,612,688	98.96%	80,182	1.04%

All other items of business set forth in the Circular and considered at the Annual Meeting passed, including the non-binding advisory vote on the Company’s approach to executive compensation.

The full results on all matters voted upon at the Annual Meeting will be filed on SEDAR+ (www.sedarplus.ca) and EDGAR Next (www.sec.gov).

About Precision

Precision is a leading provider of safe and environmentally responsible High Performance, High Value services to the energy industry, offering customers access to an extensive fleet of Super Series drilling rigs. Precision has commercialized an industry-leading digital technology portfolio known as Alpha™ that utilizes advanced automation software and analytics to generate efficient, predictable, and repeatable results for energy customers. Our drilling services are enhanced by our EverGreen™ suite of environmental solutions, which bolsters our commitment to reducing the environmental impact of our operations. Additionally, Precision offers well service rigs, rental equipment and camps all backed by a comprehensive mix of technical support services and skilled, experienced personnel.

Precision is headquartered in Calgary, Alberta, Canada and is listed on the Toronto Stock Exchange under the trading symbol “PD” and on the New York Stock Exchange under the trading symbol “PDS”.

Additional Information

For more information about Precision, please visit our website at www.precisiondrilling.com or contact:

Lavonne Zdunich, CPA, CA

Vice President, Investor Relations

403.716.4500

800, 525 - 8th Avenue S.W.

Calgary, Alberta, Canada T2P 1G1

Website: www.precisiondrilling.com

Exhibit 99.2

Annual Meeting of Shareholders

PRECISION DRILLING CORPORATION

May 14, 2026

REPORT OF VOTING RESULTS

National Instrument 51-102 – Continuous Disclosure Obligations - Section 11.3

In respect of the Annual Meeting (the "Annual Meeting") of holders of common shares of Precision Drilling Corporation (the "Corporation"), the following sets forth a brief description of each item of business (as more fully described in the Corporation’s Management Information Circular, dated April 1, 2026) which was voted upon at the Annual Meeting and the outcome of the vote:

Description of Matter		Votes For	Percent	Votes Against/ Withheld	Percent
1.	Ordinary resolution to approve the election of the following nominees to serve as the directors of the Corporation for the ensuing year, or until successors are duly elected or appointed:
	William T. Donovan	7,503,057	97.53%	189,813	2.47%
	Steven W. Krablin	6,963,752	90.52%	729,118	9.48%
	Lori A. Lancaster	7,388,916	96.05%	303,954	3.95%
	Susan M. MacKenzie	7,392,047	96.09%	300,823	3.91%
	Kevin O. Meyers	7,536,595	97.97%	156,275	2.03%
	David W. Williams	7,675,106	99.77%	17,764	0.23%
	Alice L. Wong	7,426,681	96.54%	266,189	3.46%
	Carey T. Ford	7,612,688	98.96%	80,182	1.04%

2.	Ordinary resolution to approve the appointment of PricewaterhouseCoopers LLP as auditors of the Corporation to hold office until the next annual meeting of shareholders at a remuneration to be fixed by the board of directors.	8,247,837	99.17%	69,151	0.83%
3.	Advisory resolution on the Corporation's approach to executive compensation (‘Say on Pay’).	7,333,880	95.33%	358,990	4.67%

Source: View Original Filing on SEC EDGAR

FAQ

What did Precision Drilling (PDS) shareholders approve at the 2026 annual meeting?

Shareholders approved all key items, including the election of eight directors, the appointment of PricewaterhouseCoopers LLP as auditors, and the advisory Say on Pay resolution. Each item received more than 95% support, except one director who received 90.52% support.

How strongly were Precision Drilling (PDS) director nominees supported in 2026?

All eight director nominees were elected with high support. Vote results ranged from 90.52% in favour for Steven W. Krablin to 99.77% in favour for David W. Williams, indicating broad shareholder backing for the board slate presented in the circular.

What were the Say on Pay results for Precision Drilling (PDS) in 2026?

The advisory vote on executive compensation received 95.33% of votes in favour and 4.67% against. This non-binding Say on Pay outcome indicates shareholders largely endorsed the company’s stated approach to compensating executives for the period covered by the circular.

Which auditor did Precision Drilling (PDS) shareholders approve at the 2026 meeting?

Shareholders approved PricewaterhouseCoopers LLP as the company’s auditors until the next annual meeting. The resolution received 8,247,837 votes for, representing 99.17% support, and 69,151 votes against, reflecting very strong backing for the external audit firm.

How many independent directors were elected to Precision Drilling (PDS)’s board in 2026?

Shareholders elected eight directors, seven of whom are identified as independent in the company’s disclosure. All eight nominees listed in the April 1, 2026 Management Information Circular received majority support and will serve until their successors are elected or appointed.

Where can investors find full 2026 voting results for Precision Drilling (PDS)?

Full voting results for all matters considered at the 2026 annual meeting will be filed on SEDAR+ and EDGAR Next. These filings provide detailed breakdowns of votes for, against, and withheld for each resolution and nominee director.

Filing Exhibits & Attachments

2 documents