Exhibit 99.2
Annual and Special Meeting of Shareholders of
Obsidian Energy Ltd. (the “Issuer”)
June 12, 2023
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 12, 2023 in Calgary, Alberta. Each matter voted upon is described in greater detail in the Notice of 2023 and Special Meeting and Management Proxy Circular dated May 1, 2023 (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, KPMG 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 seven 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 | |
Shani Bosman | | | 25,818,199 | | | | 82.24 | % | | | 5,576,628 | | | | 17.76 | % |
John Brydson | | | 24,111,821 | | | | 76.80 | % | | | 7,283,006 | | | | 23.20 | % |
Raymond D. Crossley | | | 23,547,340 | | | | 75.00 | % | | | 7,847,487 | | | | 25.00 | % |
Michael J. Faust | | | 25,830,772 | | | | 82.28 | % | | | 5,564,055 | | | | 17.72 | % |
Edward H. Kernaghan | | | 25,634,192 | | | | 81.65 | % | | | 5,760,635 | | | | 18.35 | % |
Stephen Loukas | | | 25,419,608 | | | | 80.97 | % | | | 5,975,219 | | | | 19.03 | % |
Gordon Ritchie | | | 26,326,905 | | | | 83.86 | % | | | 5,067,922 | | | | 16.14 | % |
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 Against | | Percent |
20,852,095 | | 66.42% | | 10,542,733 | | 33.58% |