transglobe energy corporation
Report in Respect of Voting Results Pursuant to Section 11.3 of
National Instrument 51-102 – Continuous Disclosure Obligations
In respect of the annual general and special meeting (the "Meeting") of the holders of common shares of TransGlobe Energy Corporation ("TransGlobe" or the "Company") held on May 13, 2020 the following sets forth a brief description of each matter voted upon at such Meeting and the outcome of the vote:
Description of Matter | Outcome of Vote | Votes For | Votes Against or Withheld |
1.Ordinary resolution fixing the number of directors of TransGlobe to be elected at the Meeting at seven (7).
| Approved | 79.02% | 20.98% |
2.Ordinary resolution electing the following nominees to serve as directors of TransGlobe for the ensuing year, or until their successors are duly elected or appointed, as more particularly described in the information circular of TransGlobe dated March 27, 2020 (the "Information Circular"):
| Approved |
|
|
David B. Cook |
| 70.41% | 29.59% |
Randall C. Neely |
| 81.16% | 18.84% |
Carol Bell |
| 71.31% | 28.69% |
Ross G. Clarkson |
| 83.67% | 16.33% |
Edward D. LaFehr |
| 81.84% | 18.16% |
Timothy R. Marchant |
| 81.58% | 18.42% |
Steven W. Sinclair
|
| 72.86% | 27.14% |
|
|
|
|
3.Ordinary resolution appointing Deloitte LLP, Chartered Professional Accountants, as auditors of TransGlobe for the ensuing year and to authorize the directors of TransGlobe to fix their remuneration as such. | Approved | Show of hands | Show of hands |
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|
|
4.Advisory resolution accepting the Company's approach to executive compensation, as more particularly described in the Information Circular.
| Approved | 77.78% | 22.22% |
|
|
|
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5.Ordinary resolution approving certain amendments to By-Law No. 2 of the Company, as more particularly described in the Information Circular. | Approved | 90.75% | 9.25% |
Dated at Calgary, Alberta this 13th day of May, 2020.
