Athabasca Oil Corporation Announces Results from 2025 Annual Shareholder Meeting

Core Points - Athabasca Oil Corporation held its Annual General Meeting on May 8, 2025, where all matters presented for approval were fully authorized and approved [1] - The agenda included fixing the number of directors to be elected at eight, electing eight proposed director nominees, and appointing Ernst & Young LLP as auditors [1] Voting Results - Ronald Eckhardt received 281,658,153 votes for (99.1%) and 2,612,876 votes withheld (0.9%) [2] - Angela Avery received 282,469,547 votes for (99.4%) and 1,801,482 votes withheld (0.6%) [2] - Bryan Begley received 275,896,264 votes for (97.1%) and 8,374,765 votes withheld (2.9%) [2] - Robert Broen received 283,592,923 votes for (99.8%) and 678,106 votes withheld (0.2%) [2] - John Festival received 205,388,503 votes for (72.3%) and 78,882,526 votes withheld (27.7%) [2] - Marty Proctor received 280,816,256 votes for (98.8%) and 3,454,773 votes withheld (1.2%) [2] - Marnie Smith received 283,480,131 votes for (99.7%) and 790,898 votes withheld (0.3%) [2] - Theresa Roessel received 283,458,217 votes for (99.7%) and 812,812 votes withheld (0.3%) [2] Company Overview - Athabasca Oil Corporation is a Canadian energy company focused on developing thermal and light oil assets [3] - The company operates in Alberta's Western Canadian Sedimentary Basin and has a significant land base of high-quality resources [3] - Athabasca's light oil assets are held in a private subsidiary, Duvernay Energy Corporation, where Athabasca owns a 70% equity interest [3] - The company's common shares trade on the TSX under the symbol "ATH" [3]