EX-99.2 3 d759568dex992.htm EX-99.2

EX-99.2

Exhibit 99.2

Annual and Special Meeting of Shareholders of

Obsidian Energy Ltd. (the “Issuer”)

June 5, 2019

REPORT OF VOTING RESULTS

The following matters were voted upon at the Annual and Special Meeting of shareholders (“Shareholders”) of the Issuer held on June 5, 2019 in Calgary, Alberta. Each matter voted upon is described in greater detail in the Notice of 2019 and Special Meeting and Management Proxy Circular dated April 15, 2019 (the “Information Circular”), which is available on SEDAR at www.sedar.com, on EDGAR at www.sec.gov, and on the Issuer’s website.

1. Appointment of Auditor

By resolution passed by show of hands, Ernst & Young LLP, Chartered Accountants, was appointed as auditor of the Issuer for the ensuing year.

2. Election of Directors

By resolutions passed by ballot vote, the following eight nominees proposed by management were elected as directors of the Company to hold office until the next annual meeting of Shareholders or until their successors are elected or appointed:

		Votes For		Percent		Votes Withheld		Percent
John Brydson		164,297,713		86.79%		24,998,999		13.21%
Raymond D. Crossley		147,580,742		77.96%		41,715,970		22.04%
Michael J. Faust		164,344,034		86.82%		24,952,678		13.18%
William A. Friley		147,650,568		78.00%		41,646,144		22.00%
Maureen Cormier Jackson		146,847,053		77.58%		42,449,659		22.42%
Edward H. Kernaghan		158,840,080		83.91%		30,456,632		16.09%
Stephen Loukas		162,598,322		85.90%		26,698,390		14.10%
Gordon Ritchie		163,267,417		86.25%		26,029,295		13.75%

3. Non-Binding Advisory Vote on the Corporation’s Approach to Executive Compensation

By resolution passed by ballot vote, an advisory resolution was passed to approve the Company’s approach to executive compensation as outlined in the Information Circular. The results of the ballot were as follows:

Votes For		Percent		Votes Withheld		Percent
154,143,435		81.43%		35,152,624		18.57%

4. Approval of Share Consolidation

By resolution passed by ballot vote, a special resolution was passed to authorize and approve the filing of Articles of Amendment to consolidate the issued and outstanding common shares of the Company on the basis of seven old common shares for one new share, as outlined in the Information Circular. The results of the ballot were as follows:

Votes For		Percent		Votes Withheld		Percent
245,773,172		80.43%		59,802,548		19.57%