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North American Construction Group Ltd. Announces Voting Results Of Annual Meeting Of Shareholders

1. NOA shareholders elected multiple directors at the Annual Meeting. 2. KPMG LLP appointed as independent auditors for the upcoming year. 3. The non-binding advisory vote on executive compensation received 79.59% approval. 4. NACG is a vital player in heavy civil construction and mining. 5. The company has served the industry for over 70 years.

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FAQ

Why Bullish?

The shareholder meetings' positive outcomes generally boost investor confidence, mirroring past trends where continuity in leadership led to stock price gain.

How important is it?

The successful shareholder meeting and director elections signal stability, likely attracting investors.

Why Short Term?

Immediate market reactions typically follow shareholder meetings, as seen in similar companies post-announcement.

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KPMGBOMHEESPWR
ACHESON, Alberta, May 16, 2025 (GLOBE NEWSWIRE) -- North American Construction Group Ltd. (“NACG” or “the Company”) (TSX:NOA/NYSE:NOA) today announced the results of its Annual Meeting of Shareholders held on May 14, 2025. Shareholders elected directors, approved the appointment of KPMG LLP as the independent auditors of the Company and approved a non-binding advisory vote regarding the Company’s approach to executive compensation. The following are the results of the votes held at the meeting:  OutcomeVotesForWithheldOr AgainstElection of Martin R. FerronPassed(93.39%)(6.61%)Election of Joseph C. LambertPassed(99.78%)(0.22%)Election of Bryan D. PinneyPassed(98.44%)(1.56%)Election of John J. PolleselPassed(99.72%)(0.28%)Election of Maryse C. Saint-LaurentPassed(91.75%)(8.25%)Election of Thomas P. StanPassed(99.62%)(0.38%)Election of Kristina E. WilliamsPassed(98.44%)(1.56%)Appointment of KPMG LLP as auditors of the Corporation for the ensuing year and the authorization of the directors to fix their remunerationPassed(98.43%)(1.57%)Approval of the non-binding advisory resolution to accept the approach to executive compensation disclosed in the management information circular delivered in advance of the MeetingPassed(79.59%)(20.41%) About the Company North American Construction Group Ltd. is a premier provider of heavy civil construction and mining services in Australia, Canada, and the U.S. For over 70 years, NACG has provided services to the mining, resource and infrastructure construction markets. For further information, please contact:         Jason Veenstra, CPA, CAChief Financial OfficerNorth American Construction Group Ltd.Phone: (780) 960-7171Email: ir@nacg.ca

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