EX-99.2 3 exh_992.htm EXHIBIT 99.2

Exhibit 99.2

 

Annual and Special Meeting of Shareholders of

PRECISION DRILLING CORPORATION

 

May 14, 2020

 

REPORT OF VOTING RESULTS

 

National Instrument 51-102 – Continuous Disclosure Obligations - Section 11.3

 

In respect of the Annual and Special Meeting (the "Annual Meeting") of holders of common shares of Precision Drilling Corporation (the "Corporation"), the following sets forth a brief description of each item of business (as more fully described in the Corporation’s Management Information Circular, dated April 1, 2020) which was voted upon at the Annual Meeting and the outcome of the vote:

 

Description of Matter Votes For Percent Votes Against/
Withheld
Percent
1.

Ordinary resolution to approve the election of the following nominees to serve as the directors of the Corporation for the ensuing year, or until successors are duly elected or appointed:

 

Michael R. Culbert

138,278,231 97.99% 2,838,675 2.01%
  William T. Donovan 133,209,455 94.40% 7,907,451 5.60%
  Brian J. Gibson 134,678,627 95.44% 6,438,279 4.56%
  Steven W. Krablin 136,294,758 96.58% 4,822,148 3.42%
  Susan M. MacKenzie 137,452,424 97.40% 3,664,482 2.60%
  Kevin O. Meyers 136,391,981 96.65% 4,724,925 3.35%
  David W. Williams 138,257,892 97.97% 2,859,014 2.03%
  Kevin A. Neveu 132,971,418 94.23% 8,145,488 5.77%
           
2. Ordinary resolution to approve the appointment of KPMG LLP as auditors of the Corporation to hold office until the next annual meeting of shareholders at a remuneration to be fixed by the board of directors. 152,281,715 98.58% 2,198,614 1.42%
3. Advisory resolution on the Corporation's approach to executive compensation (“Say-on-Pay”). 110,057,124 77.99% 31,059,780 22.01%
4. Special resolution approving a share consolidation that authorizes the Board of Directors of the Corporation (the “Board”), at such time as the Board deems appropriate, but in any event not later than one year after the Annual Meeting, at a ratio to be determined by the Board but within the range of 1 post-consolidation share for every 5 to 40 old shares. 126,075,255 81.61% 28,405,071 18.39%