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Enerflex Ltd. Announces Voting Results of The Annual Meeting of Shareholders

1. Enerflex shareholders approved the election of all eight nominee directors. 2. The advisory vote on executive compensation received 91.59% approval. 3. The company focuses on natural gas and sustainability solutions for energy transition.

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Why Bullish?

The strong support for board nominees indicates confidence in management, potentially boosting investor sentiment for EFXT. Historically, positive annual meetings often correlate with short-term price increases, exemplifying improved governance drives market interest.

How important is it?

The article highlights strong support for leadership, suggesting stability and strategic direction. This political capital can influence EFXT's performance, particularly as investors seek confidence in an evolving energy market.

Why Short Term?

Immediate positive sentiment from shareholder decisions can influence short-term market reactions, as seen in past scenarios where board approvals generally lead to upticks in stock price.

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EFXSLBNOVHAL
May 07, 2025 19:34 ET  | Source: Enerflex Ltd. CALGARY, Alberta, May 07, 2025 (GLOBE NEWSWIRE) -- Enerflex Ltd. (TSX: EFX) (NYSE: EFXT) ("Enerflex" or the "Company"), announces that at its Annual Meeting of Shareholders (the "Meeting") held virtually on May 7, 2025, Enerflex’s shareholders approved the election of all 8 nominee directors presented in the Company’s Management Information Circular dated March 21, 2025. The shares represented at the Meeting voting on individual nominee directors were as follows:     ApprovalAgainstDirectorVotes ForPercentageVotes AgainstPercentageFernando R. Assing88,086,73996.24%3,444,1563.76%Benjamin Cherniavsky88,013,95796.16%3,516,9383.84%Joanne Cox83,911,50291.68%7,619,3938.32%James C. Gouin83,037,26990.72%8,493,6269.28%Mona Hale88,091,51796.24%3,439,3783.76%Kevin J. Reinhart79,599,45986.96%11,931,43613.04%Thomas B. Tyree, Jr.74,636,08981.54%16,894,80618.46%Juan Carlos Villegas79,933,29487.33%11,597,60112.67%      Enerflex’s non-binding advisory vote on executive compensation (“Say-on-Pay”) was approved with 91.59% (83,831,845 common shares) of the shares represented at the Meeting voting in favour of the resolution. ABOUT ENERFLEX Enerflex is a premier integrated global provider of energy infrastructure and energy transition solutions, deploying natural gas, low-carbon, and treated water solutions – from individual, modularized products and services to integrated custom solutions. With over 4,600 engineers, manufacturers, technicians, and innovators, Enerflex is bound together by a shared vision: Transforming Energy for a Sustainable Future. The Company remains committed to the future of natural gas and the critical role it plays, while focused on sustainability offerings to support the energy transition and growing decarbonization efforts. Enerflex’s common shares trade on the Toronto Stock Exchange under the symbol “EFX” and on the New York Stock Exchange under the symbol “EFXT”. For more information about Enerflex, visit www.enerflex.com. For investor and media enquiries, please contact the Company by email to chair@enerflex.com or ir@enerflex.com.

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