EX-99.1 2 d732686dex991.htm EX-99.1 EX-99.1

Exhibit 99.1

 

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Cenovus reports voting results of annual meeting of shareholders

Calgary, Alberta (May 1, 2024) – Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) held its annual meeting of shareholders on May 1, 2024. Each matter voted on is described in greater detail in the Corporation’s 2024 Management Information Circular dated March 6, 2024.

Shareholders voted as follows on the matters before the meeting:

Appointment of Auditor PricewaterhouseCoopers LLP, Chartered Professional Accountants, was reappointed as auditor of the Corporation.

 

 

Votes for

 

   

 

Votes withheld

 

     
Number    Percent    Number    Percent   

1,488,986,088

    99.65    5,218,342    0.35   

Election of Directors Each of the following thirteen nominees proposed by management were elected directors of the Corporation:

 

 

Nominee

 

   

 

Votes for

 

   

 

Votes against

 

       Number     Percent    Number    Percent

Stephen E. Bradley

    1,457,070,734     99.83    2,503,482    0.17

Keith M. Casey

    1,453,207,929     99.56    6,366,286    0.44

Michael J. Crothers

    1,455,760,732     99.74    3,813,485    0.26

James D. Girgulis

    1,081,360,201     74.09    378,214,014    25.91

Jane E. Kinney

    1,451,313,033     99.43    8,254,047    0.57

Eva L. Kwok

    1,397,978,373     95.78    61,587,456    4.22

Melanie A. Little

    1,456,542,516     99.79    3,022,565    0.21

Richard J. Marcogliese

    1,445,438,842     99.03    14,135,274    0.97

Jonathan M. McKenzie

    1,457,327,836     99.85    2,246,379    0.15

Claude Mongeau

    1,377,177,335     94.35    82,394,644    5.65

Alexander J. Pourbaix

    1,426,261,125     97.72    33,312,853    2.28

Frank J. Sixt

    1,173,365,475     80.39    286,208,403    19.61

Rhonda I. Zygocki

    1,395,277,673     95.60    64,287,348    4.40

Cenovus welcomes Stephen E. Bradley to the Board of Directors. Mr. Bradley is a Director of CK Asset Holdings Limited, a publicly traded global property investment, development, management and utility infrastructure company, and Power Asset Holdings Limited, a publicly traded global energy investment company.

Cenovus would like to extend its sincere thanks and best wishes to Hal Kvisle and Wayne Shaw, who decided not to stand for re-election. Mr. Kvisle had been a Director of Cenovus since 2018 and Mr. Shaw joined the Board following the Husky transaction in 2021.

Non-Binding Advisory Vote on the Corporation’s Approach to Executive Compensation An advisory resolution was passed to accept the Corporation’s approach to executive compensation.

 

 

Votes for

 

   

 

Votes against

 

     
Number    Percent    Number    Percent   

1,427,463,152

    97.80    32,183,535    2.20   

Shareholder Rights Plan A resolution was passed to amend and reconfirm the Corporation’s shareholder rights plan.

 

 

Votes for

 

   

 

Votes against

 

     
Number    Percent    Number    Percent   

1,409,329,267

    96.55    50,316,622    3.45   

Cenovus Energy Inc.

Cenovus Energy Inc. is an integrated energy company with oil and natural gas production operations in Canada and the Asia Pacific region, and upgrading, refining and marketing operations in Canada and the United States. The company is focused on managing its assets in a safe, innovative and cost-efficient manner, integrating environmental, social and governance considerations into its business plans. Cenovus common shares and warrants are listed on the Toronto and New York stock exchanges, and the company’s preferred shares are listed on the Toronto Stock Exchange. For more information, visit cenovus.com.

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Cenovus contacts

 

Investors

    Media

 

Investor Relations general line

 

403-766-7711

   

 

Media Relations general line

 

403-766-7751

 

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