Strong shareholder backing for South Bow (SOBO) directors, auditors and pay

Rhea-AI Filing Summary

South Bow Corporation reported that shareholders approved all resolutions at its annual general meeting held May 7, 2026. Investors confirmed an 11‑member board, with support for individual directors ranging from 97.76% to 99.68% of shares represented at the meeting.

Shareholders also approved the appointment of KPMG LLP as auditors with 99.84% support, and endorsed South Bow’s approach to executive compensation with 96.96% support. The company operates 4,900 kilometres of crude oil pipelines connecting Alberta supply to key U.S. refining markets.

Key Figures

Director support range: 97.76%–99.68% Auditor appointment support: 99.84% Say-on-pay support: 96.96% +3 more

6 metrics

Director support range 97.76%–99.68% Votes in favour for 11 directors at May 7, 2026 AGM

Auditor appointment support 99.84% Shares represented voting in favour of KPMG LLP

Say-on-pay support 96.96% Shares represented voting to accept executive compensation approach

Pipeline length 4,900 kilometres Length of South Bow crude oil pipeline infrastructure

Pipeline length (miles) 3,045 miles Crude oil pipeline infrastructure in miles

Number of directors 11 Board size approved at May 7, 2026 AGM

Key Terms

annual general meeting, management information circular, executive compensation, auditors, +1 more

5 terms

annual general meeting regulatory

"approved all resolutions at the Company's annual general meeting held on May 7, 2026"

management information circular regulatory

"as disclosed in the Company's management information circular dated March 13, 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.

executive compensation financial

"Resolution to accept South Bow's approach to executive compensation"

Payments and benefits given to a company's top leaders — including base salary, cash bonuses, stock awards, options and retirement or perquisites — designed to compensate and motivate them. Investors care because these packages affect a company’s costs, influence executives’ decisions and signal how well management’s interests line up with shareholders’; like a captain’s contract, the structure of pay can encourage safe navigation toward long-term gains or risky short-term moves that hurt returns.

auditors regulatory

"Resolution to appoint KPMG LLP as the Company's auditors"

Auditors are independent professionals who examine a company’s financial records, internal controls and reporting to verify accuracy and uncover errors or fraud. For investors they act like a building inspector for a company’s finances: a clean audit boosts confidence in the numbers used to value the business, while audit issues or qualifications can signal higher risk and affect stock price and access to capital.

investment-grade entity financial

"As an investment-grade entity based in Calgary, Alberta"

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

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

Form 6-K

REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934

For the month of May 2026

Commission File Number: 001-42021

South Bow Corporation
(Translation of registrant's name into English)

707 5th Street SW
Calgary, Canada T2P 0Y3
(Address of principal executive office)

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

Exhibit 99.1 to this report, furnished on Form 6-K, is furnished, not filed, and will not be incorporated by reference into any registration statement filed by the registrant under the Securities Act of 1933, as amended.

EXHIBIT INDEX

99.1 Press Release dated May 7, 2026

SIGNATURES

Pursuant to the requirements 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.

		South Bow Corporation
		(Registrant)
Date: May 7, 2026		/s/ Lori M. Muratta
		Lori M. Muratta
		Senior Vice-President and General Counsel

EXHIBIT 99.1

NEWS RELEASE

South Bow Announces Approval of Resolutions at Annual General Meeting of Shareholders

CALGARY, Alberta, May 07, 2026 (GLOBE NEWSWIRE) -- South Bow Corp. (TSX & NYSE: SOBO) (South Bow or the Company) announces that its shareholders approved all resolutions at the Company's annual general meeting held on May 7, 2026 (the Meeting).

During the business proceedings of the Meeting, South Bow's shareholders approved the following resolutions:

1.  Resolution to appoint 11 board members, with 97.76% to 99.68% of shares represented at the Meeting voting in favour of the individual directors as follows:

Director	Votes in Favour (%)	Votes Against (%)
Hal Kvisle	98.25	1.75
Chansoo Joung	99.03	0.97
George Lewis	98.99	1.01
Leonard Mallett	99.63	0.37
Robert (Bob) G. Phillips	99.64	0.36
Sonya Reed	97.76	2.24
Shannon Ryhorchuk	99.66	0.34
Mary Pat Salomone	99.61	0.39
Frances M. Vallejo	99.53	0.47
Don Wishart	99.28	0.72
Bevin Wirzba	99.68	0.32

2.  Resolution to appoint KPMG LLP as the Company's auditors, with 99.84% of the shares represented at the Meeting voting in favour of the resolution.

3.  Resolution to accept South Bow's approach to executive compensation, as disclosed in the Company's management information circular dated March 13, 2026, with 96.96% of the shares represented at the Meeting voting in favour of the resolution.

About South Bow

South Bow safely operates 4,900 kilometres (3,045 miles) of crude oil pipeline infrastructure, connecting Alberta crude oil supplies to U.S. refining markets in Illinois, Oklahoma, and the U.S. Gulf Coast through our unrivalled market position. We take pride in what we do—providing safe and reliable transportation of crude oil to North America's highest demand markets. As an investment-grade entity based in Calgary, Alberta, South Bow's common shares trade on the Toronto Stock Exchange and the New York Stock Exchange under the symbol SOBO. To learn more, visit www.southbow.com. 

Contact information
Investor Relations Martha Wilmot investor.relations@southbow.com		Media Relations Solomiya Martoiu communications@southbow.com

FAQ

What did South Bow (SOBO) shareholders approve at the May 2026 annual meeting?

Shareholders approved all resolutions at South Bow’s May 7, 2026 annual meeting. They confirmed an 11‑member board, reappointed KPMG LLP as auditors, and endorsed the company’s executive compensation approach as outlined in its March 13, 2026 management information circular.

How strong was shareholder support for South Bow (SOBO) directors in 2026?

Support for South Bow’s 11 directors was very high, with votes in favour ranging from 97.76% to 99.68% of shares represented. Each individual nominee received clear majority backing, indicating broad shareholder confidence in the current board composition and governance direction.

Which auditor did South Bow (SOBO) shareholders appoint and with what support level?

Shareholders appointed KPMG LLP as South Bow’s auditor, with 99.84% of shares represented at the meeting voting in favour. This strong approval level confirms continued shareholder support for KPMG LLP’s role in auditing the company’s financial statements and related disclosures.

How did South Bow (SOBO) shareholders vote on executive compensation in 2026?

South Bow shareholders accepted the company’s approach to executive compensation, as detailed in the March 13, 2026 circular, with 96.96% support. This advisory vote indicates broad investor alignment with the compensation philosophy and pay practices presented by the company’s board.

What business does South Bow (SOBO) operate and where are its pipelines located?

South Bow operates 4,900 kilometres (3,045 miles) of crude oil pipeline infrastructure. Its system connects Alberta crude oil supplies to refining markets in Illinois, Oklahoma, and the U.S. Gulf Coast, focusing on safe, reliable transportation to high‑demand North American markets.

On which stock exchanges are South Bow (SOBO) shares listed?

South Bow’s common shares trade on both the Toronto Stock Exchange and the New York Stock Exchange under the symbol SOBO. The company describes itself as an investment‑grade entity based in Calgary, Alberta, focused on crude oil pipeline transportation services.

Filing Exhibits & Attachments

1 document

Press Releases

• EX-99.1 PRESS RELEASE 6.9 KB