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Strathcona Resources Announces 2025 Annual Meeting Voting Results

Strathcona Resources Ltd., one of North America's rapidly growing oil and gas companies, shared the outcomes of its annual meeting held on April 16, 2025. During this significant event, shareholders participated in various voting matters, all of which received approval from the assembly. This year’s meeting not only reiterated the company’s commitment to transparency but also showcased the strong support from its stakeholders.

Impactful Decisions Made

The gathered results reflect confidence in the company's direction, especially concerning the election of directors. All nine nominees proposed in the management information circular dated March 4, 2025 were successfully elected, indicating a solid backing from the shareholders. The directors represent a rich diversity of experience and skill, necessary for guiding Strathcona toward future growth.

The election results for each nominee demonstrated overwhelming support:

• - Adam Waterous: 99.74% in favor
• - Cody Church: 99.96% in favor
• - Andrew Kim: 99.91% in favor
• - Steve Fagan: 99.78% in favor
• - Connie De Ciancio: 99.80% in favor
• - Navjeet (Bob) Singh Dhillon: 99.90% in favor
• - Henry Hager: 99.90% in favor
• - David Roosth: 99.96% in favor
• - Connor Waterous: 99.77% in favor

In addition to the director elections, the appointment of Deloitte LLP as the corporation's auditors received a near-unanimous approval as well, with 99.97% of the votes cast in favor. The collective decisions made during the meeting affirm Strathcona's strategic vision and operational integrity.

Confirmation of Corporate By-Law

Furthermore, an important advancement was made through the confirmation of the Amended and Restated By-Law No. 1 of Strathcona, gathering 99.72% support. Such measures ensure that corporate governance aligns with evolving industry standards, promoting responsible practices that align with stakeholder interests.

A Look Ahead

Strathcona continues to be a proactive entity within the oil and gas sector, focusing on innovative strategies to enhance growth and efficiency in their operations. As highlighted by their recent success in the shareholders meeting, Strathcona operates on a foundation that values stakeholder engagement and transparent governance.

With its common shares traded under the symbol SCR on the Toronto Stock Exchange, Strathcona is recognized for its drive in thermal oil and enhanced oil recovery, alongside its commitment to develop long-life oil and gas assets. This annual meeting marks not only a reflection of past achievements but also sets the groundwork for future endeavors, ensuring that Strathcona is well-equipped to navigate the complexities of the energy market.

For additional information on Strathcona and its operations, visit their website at www.strathconaresources.com.