#Canada #Vancouver #Shareholders #mining #OceanaGold

OceanaGold's 2025 Annual General Meeting: Key Voting Outcomes and Future Outlook

OceanaGold Corporation, a prominent player in the mining sector, has recently disclosed the results of its 2025 Annual General Meeting (AGM) held on June 4, 2025, in Vancouver, BC. This meeting brought together shareholders to discuss critical company issues, elect directors, and approve resolutions that will shape the company's future direction.

Shareholder Participation

A significant turnout was noted, with a total of 538,458,035 common shares voted during the meeting, which constitutes an impressive 77.12% of the voting rights tied to all outstanding common shares. This large turnout illustrates the strong commitment and engagement of OceanaGold's shareholders in the governance of the company.

Election of Directors

One of the primary agendas was the election of the board of directors. The resolutions for the appointment of all director nominees listed in the Management Information Circular dated April 23, 2025, passed with considerable support:

• - Paul Benson received 79.79% approval, while 20.21% withheld votes.
• - Ian M. Reid saw a remarkable approval rate of 98.99%.
• - Craig J. Nelsen had 99.45% support.
• - Other nominees like Sandra M. Dodds and Linda M. Broughton also enjoyed strong backing, securing around 97-99% of the votes in favor of their appointments.

This unified support reflects shareholder confidence in the current leadership and direction of the company.

Share Consolidation Approval

Another notable resolution that received overwhelming approval was a special resolution for the consolidation of shares, which passed with a staggering 99.71% of votes in favor. The consolidation aims to enhance the stock's trading price by merging three pre-consolidated shares into one post-consolidated share. This strategic move is expected to help the company meet the minimum trading price requirements of major U.S. exchanges, which is a step toward a potential dual listing on the New York Stock Exchange (NYSE) in 2026. The company believes that such a listing could significantly broaden its investor base and enhance its market presence.

Appointment of Auditor

One of the resolutions addressed the appointment of the auditor for the upcoming year. PricewaterhouseCoopers LLP (PWC Canada) was reappointed, receiving 94.51% approval, further reinforcing the trust in PWC's auditing capabilities.

Executive Compensation and Virtual Meetings

The results included a non-binding advisory vote on the company's approach to executive compensation, which passed with 97.30% support. This approval reflects shareholders' endorsement of OceanaGold's compensation policies, which are structured to align with the company's goals and performance.

Additionally, a resolution to hold the 2026 AGM in a virtual-only format gained approval, indicating a shift towards more innovative and flexible meeting formats in light of increasing digital engagement trends.

Conclusion

As OceanaGold moves forward, the outcomes of this AGM provide a solid foundation for its operational strategy, with a focus on maximizing shareholder value and ensuring adherence to corporate governance standards. The anticipated share consolidation is poised to enhance trading agility and marketability, setting the stage for future growth and investor interest. The company's commitment to its shareholders and the mining community remains steadfast, as it continues to navigate the evolving landscape while seeking new opportunities for expansion and profitability.

OceanaGold's portfolio remains robust, with four operating mines, including notable locations in the United States and New Zealand. With a strategic plan aimed at enhancing operational efficiency and financial performance, the company looks to capitalize on its strengths in the mining sector.