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Pembina Pipeline Corporation Reports Voting Results from 2025 Annual Meeting of Shareholders

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PPLKPMG
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CALGARY, Alberta--(BUSINESS WIRE)--Pembina Pipeline Corporation ("Pembina" or the "Company") (TSX: PPL; NYSE: PBA) reported the voting results from its annual meeting of shareholders held virtually on May 9, 2025 (the "Meeting"). Each of the matters voted upon at the Meeting is discussed in detail in the Company's Management Information Circular dated March 20, 2025 (the "Information Circular"), which is available on the Company's website under 'Investors – Presentations & Events' at www.pe...VANCOUVER, British Columbia--(BUSINESS WIRE)--AbCellera Presents Positive Preclinical Data on ABCL575 at the SID Annual Meeting 2025...DEERFIELD, Ill.--(BUSINESS WIRE)--In light of Rite Aid's recent bankruptcy filing, Walgreens is committed to assisting Rite Aid customers and employees who are impacted by store closures in their local community. For customers who want to transfer their prescriptions to Walgreens: We recognize the trust patients have placed in their Rite Aid pharmacists, and Walgreens is here to continue that care with compassion and consistency. Walgreens is dedicated to meeting patients’ needs for continued a...LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz continues its investigation of Krispy Kreme, Inc. (“Krispy Kreme” or the “Company”) (NASDAQ: DNUT) on behalf of investors concerning the Company’s possible violations of federal securities laws. IF YOU ARE AN INVESTOR WHO LOST MONEY ON KRISPY KREME, INC. (DNUT), CLICK HERE TO INQUIRE ABOUT POTENTIALLY PURSUING A CLAIM TO RECOVER YOUR LOSS. What Is The Investigation About? On February 25, 2025, Krispy Kreme released its fourth quarte...LOS ANGELES--(BUSINESS WIRE)--Schall Law Firm Announces that it has Filed a Securities Class Action Lawsuit on Behalf of Shareholders of the Digimarc Corporation...LAKELAND, Fla.--(BUSINESS WIRE)--Publix Super Markets, Inc. has initiated a voluntary recall of GreenWise Pear, Kiwi, Spinach & Pea Baby Food, produced by Bowman Andros LLC and distributed to Publix grocery stores in the company’s eight-state operating area. The product is sold in 4-ounce plastic pouches and has the potential to be contaminated with elevated levels of lead.  Product Name                                                                        GTIN               Best if Used B...SASKATOON, Saskatchewan--(BUSINESS WIRE)--Cameco (TSX: CCO; NYSE: CCJ) has announced the election of ten board members at its annual meeting held on May 9, 2025. Shareholders elected board members Daniel Camus, Tammy Cook-Searson, Catherine Gignac, Tim Gitzel, Marie Inkster, Kathryn Jackson, Don Kayne, Peter Kukielski, Dominique Minière and Leontine van Leeuwen-Atkins. Voting Results for Cameco Directors Nominee Votes For % Votes For Against % Votes Against Catherine Gignac 70,619,061 97.18% 2,...FOSTER CITY, Calif.--(BUSINESS WIRE)--Mirum Pharmaceuticals Reports Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)...BRYN MAWR, Pa.--(BUSINESS WIRE)--Aqua Pennsylvania announced it was awarded a combination of grant and low-interest loan funding through the Pennsylvania Infrastructure Investment Authority (PENNVEST). Funding totaling $15.05 million will support Aqua Pennsylvania’s continuing commitment to remove PFAS from drinking water. Another $2.3 million in funding will go toward Aqua Pennsylvania’s ongoing lead service line replacement program. PENNVEST funds allow recipients like Aqua Pennsylvania to co...MIAMI--(BUSINESS WIRE)--Avianca Cargo, a leading cargo carrier in the region, successfully concluded its Mother’s Day 2025 season with a historic record, transporting over 20,100 tons of fresh flowers—a 15% increase compared to last year. The shipments originated from Colombia and Ecuador, reaching destinations across North America and Europe. This achievement reinforces Avianca Cargo’s position as the #1 flower carrier from Colombia to the United States and solidifies its status as one of the...

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AI Summary

Pembina's annual meeting saw 63.54% shareholder participation. 11 directors were elected to serve until the next annual meeting. KPMG appointed as auditors with 89.36% approval. Shareholder rights plan continued with 93.69% votes in favor. Executive compensation approach approved with 96.74% support.

Sentiment Rationale

Strong shareholder approval signals confidence in leadership and strategy, historically boosting stock values post-meetings.

Trading Thesis

Immediate reaction likely as new decisions take effect quickly, similar to past quarterly results impacts.

Market-Moving

  • Pembina's annual meeting saw 63.54% shareholder participation.
  • 11 directors were elected to serve until the next annual meeting.
  • KPMG appointed as auditors with 89.36% approval.

Key Facts

  • Pembina's annual meeting saw 63.54% shareholder participation.
  • 11 directors were elected to serve until the next annual meeting.
  • KPMG appointed as auditors with 89.36% approval.
  • Shareholder rights plan continued with 93.69% votes in favor.
  • Executive compensation approach approved with 96.74% support.

Companies Mentioned

  • PPL (PPL)
  • KPMG (KPMG)

Corporate Developments

The successful meeting outcomes affirm corporate stability, crucial for investor confidence.

CALGARY, Alberta--(BUSINESS WIRE)--Pembina Pipeline Corporation ("Pembina" or the "Company") (TSX: PPL; NYSE: PBA) reported the voting results from its annual meeting of shareholders held virtually on May 9, 2025 (the "Meeting"). Each of the matters voted upon at the Meeting is discussed in detail in the Company's Management Information Circular dated March 20, 2025 (the "Information Circular"), which is available on the Company's website under 'Investors – Presentations & Events' at www.pembina.com.

A total of 368,964,506 common shares representing 63.54 percent of the Company's issued and outstanding common shares were voted in person and by proxy in connection with the Meeting. The voting results for each matter presented at the Meeting are provided below:

1. Election of Directors

The following 11 nominees were appointed as directors of Pembina to serve until the next annual meeting of shareholders of the Company, or until their successors are elected or appointed:

Nominee

  

Votes in Favour

 

Votes Withheld

Anne-Marie N. Ainsworth

  

97.42%

 

346,053,335

 

2.58%

 

9,147,028

2. Appointment of Auditors

KPMG LLP, Chartered Accountants, were appointed to serve as the auditors of the Company until the next annual meeting, at remuneration to be fixed by the directors on the recommendation of the Audit Committee. The resolution was approved with approximately 89.36 percent of votes cast in favor.

3. Approval of Continuing the Company's Shareholder Rights Plan

On an ordinary resolution to continue the Company's shareholder rights plan as disclosed in the Information Circular was approved with approximately 93.69 percent of votes cast in favour.

4. Acceptance of Company's Approach to Executive Compensation

On an advisory basis and not to diminish the role and responsibility of the board of directors, the approach to executive compensation as disclosed in the Information Circular was approved with approximately 96.74 percent of votes cast in favour.

Additional details in respect of the Meeting's voting results can be found on Pembina's profile at www.sedarplus.ca and www.sec.gov.

About Pembina

Pembina Pipeline Corporation is a leading energy transportation and midstream service provider that has served North America's energy industry for more than 70 years. Pembina owns an extensive network of strategically-located assets, including hydrocarbon liquids and natural gas pipelines, gas gathering and processing facilities, oil and natural gas liquids infrastructure and logistics services, and an export terminals business. Through our integrated value chain, we seek to provide safe and reliable energy solutions that connect producers and consumers across the world, support a more sustainable future and benefit our customers, investors, employees, and communities. For more information, please visit www.pembina.com.

Purpose of Pembina: We deliver extraordinary energy solutions so the world can thrive.

Pembina is structured into three Divisions: Pipelines Division, Facilities Division and Marketing & New Ventures Division.

Pembina's common shares trade on the Toronto and New York stock exchanges under PPL and PBA, respectively. For more information, visit www.pembina.com.

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