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Vermilion Energy Inc. Reports Voting Results of Annual General Meeting

1. Vermilion approved eight director nominees with high support. 2. Deloitte LLP appointed as auditors for the upcoming year. 3. Executive compensation approach was accepted with majority approval. 4. Shareholder participation was at 50.03% of total shares. 5. Two board members did not seek re-election, signifying leadership change.

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FAQ

Why Neutral?

The maintained board and auditor changes typically stabilize management; recent trends show minimal direct market impact.

How important is it?

The article highlights governance stability, which is important for investor confidence but lacks immediate market catalysts.

Why Short Term?

Immediate effects are likely limited, but management continuity may support stable performance.

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, /PRNewswire/ - Vermilion Energy Inc. ("Vermilion") (TSX: VET) (NYSE: VET) is pleased to announce the voting results from our annual meeting of shareholders held on May 7, 2025. A total of 77,221,704 common shares representing 50.03% of Vermilion's issued and outstanding common shares were voted in connection with the meeting. The vote on each matter was conducted by ballot. The manner in which the proxies were voted or ballots cast, as applicable, in respect of each matter is set out below. 1. Ordinary resolution to approve fixing the number of directors of Vermilion to be elected at the Meeting at eight (8). Votes For Votes Against Number Percent (%) Number Percent (%) 76,053,790 98.49 % 1,166,014 1.51 % 2. Ordinary resolution to approve the election of the following eight nominees to serve as directors of Vermilion for the ensuing year, or until their successors are duly elected or appointed, as described in the Information Circular. Name of Nominee Votes For Votes Withheld Number Percent (%) Number Percent (%) Myron M. Stadnyk 55,601,819 96.06 % 2,279,244 3.94 % Dion Hatcher 55,425,557 95.76 % 2,455,507 4.24 % James J. Kleckner Jr. 55,225,595 95.41 % 2,655,468 4.59 % Carin S. Knickel 55,492,197 95.87 % 2,388,867 4.13 % Stephen P. Larke 55,043,866 95.10 % 2,837,198 4.90 % William B. Roby 55,499,420 95.89 % 2,381,644 4.11 % Manjit K. Sharma 54,749,114 94.59 % 3,131,950 5.41 % Judy A. Steele 55,518,916 95.92 % 2,362,148 4.08 % 3. Ordinary resolution to approve the appointment of Deloitte LLP, Chartered Accountants, as auditors of Vermilion for the ensuing year. Votes For Votes Withheld Number Percent (%) Number Percent (%) 74,972,548 97.09 % 2,247,258 2.91 % 4. Ordinary resolution to accept on an advisory basis the approach to executive compensation, as disclosed in the Information Circular. Votes For Votes Against Number Percent (%) Number Percent (%) 54,616,668 94.36 % 3,263,278 5.64 % 5. Ordinary resolution to approve the unallocated entitlements under the Omnibus Incentive Plan. Votes For Votes Against Number Percent (%) Number Percent (%) 54,250,955 93.73 % 3,628,991 6.27 % Robert B. Michaleski and Timothy R. Marchant did not stand for re-election at the annual meeting of shareholders and accordingly retired from the Board at the end of their current terms. Vermilion extends its appreciation to Mr. Michaleski and Mr. Marchant for their service, commitment, and invaluable contributions during their respective tenures as directors of Vermilion. About Vermilion Vermilion is a global gas producer that seeks to create value through the acquisition, exploration, development and optimization of producing assets in North America, Europe and Australia. The Company's business model emphasizes free cash flow generation and returning capital to investors when economically warranted, augmented by value-adding acquisitions. Vermilion's operations are focused on the exploitation of light oil and liquids-rich natural gas conventional and unconventional resource plays in North America and the exploration and development of conventional natural gas and oil opportunities in Europe and Australia. Vermilion's priorities are health and safety, the environment, and profitability, in that order. Nothing is more important than the safety of the public and those who work with Vermilion, and the protection of the natural surroundings. In addition, the Company emphasizes strategic community investment in each of its operating areas. Vermilion trades on the Toronto Stock Exchange and the New York Stock Exchange under the symbol VET. SOURCE Vermilion Energy Inc. WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM? 440k+ Newsrooms & Influencers 9k+ Digital Media Outlets 270k+ Journalists Opted In

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