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

1. PBA held its annual meeting with 63.54% shares voted. 2. KPMG appointed as auditors by 89.36% vote. 3. Shareholder rights plan continued with 93.69% approval. 4. Executive compensation approach received 96.74% support.

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+3.3%S&P 500
$37.0805/09 07:56 PM EDTEvent Start
$37.0305/12 08:22 PM EDTLatest Updated
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FAQ

Why Bullish?

The overwhelming approval rates signify strong shareholder confidence, potentially driving positive momentum for PBA as seen in similar past events where high approval results led to stock price gains.

How important is it?

The successful voting on crucial aspects like directors and rights plans signals a stable governance structure, which can enhance investor sentiment and support PBA’s stock performance.

Why Short Term?

The influence from the meeting's outcomes is likely immediate, typically reflected in share price movements shortly after such significant governance decisions.

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PPL
- 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: 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. More News From Pembina Pipeline Corporation

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