Encana Report on Voting Results From the 2013 Annual Meeting of Shareholders
CALGARY, ALBERTA--(Marketwired - Apr 24, 2013) -
The following matters were voted upon at the Annual Meeting of Shareholders of Encana Corporation (ECA.TO) (ECA)("Encana" or the "Corporation") held on April 23, 2013 in Calgary, Alberta. Each of the matters is described in greater detail in the 2013 Notice of Annual Meeting of Shareholders and Information Circular dated February 28, 2013 (the "Circular").
Election of Directors
By resolution passed via ballot, the following nine nominees were appointed as Directors of the Corporation to serve until the next annual meeting of shareholders of the Corporation, or until their successors are elected or appointed. The results of the ballot were as follows:
Name of Nominee | Votes For | Percent | Votes Withheld | Percent | ||
Peter A. Dea | 405,772,318 | 91.62 | % | 37,112,869 | 8.38 | % |
Claire S. Farley | 404,861,771 | 91.42 | % | 37,973,370 | 8.58 | % |
Fred J. Fowler | 390,577,553 | 88.20 | % | 52,257,634 | 11.80 | % |
Suzanne P. Nimocks | 389,681,229 | 88.00 | % | 53,153,958 | 12.00 | % |
David P. O'Brien | 395,750,397 | 89.37 | % | 47,084,790 | 10.63 | % |
Jane L. Peverett | 404,859,082 | 91.42 | % | 37,976,105 | 8.58 | % |
Brian G. Shaw | 398,385,699 | 89.96 | % | 44,449,488 | 10.04 | % |
Bruce G. Waterman | 390,823,783 | 88.25 | % | 52,011,404 | 11.75 | % |
Clayton H. Woitas | 374,279,252 | 84.52 | % | 68,555,935 | 15.48 | % |
Appointment of Auditors
By a resolution passed via show of hands, PricewaterhouseCoopers LLP, Chartered Accountants, were appointed as auditor of the Corporation to hold office until close of the next annual meeting or until their successors are duly appointed, and the directors were authorized to fix their remuneration. Proxies were received on this matter as follows:
Votes For | Percent | Votes Withheld | Percent |
474,378,135 | 99.44% | 2,695,110 | 0.56% |
Acceptance of Corporation's Approach to Executive Compensation
By resolution passed via ballot, shareholders voted on an advisory basis to accept the Corporation's approach to Executive Compensation as described in the "Statement of Executive Compensation - Compensation Discussion and Analysis" sections of the Circular. The results of the ballot were as follows:
Votes For | Percent | Votes Against | Percent |
366,470,425 | 82.75% | 76,369,469 | 17.25% |
Reconfirmation and approval of Shareholder Rights Plan
By resolution passed via ballot, shareholders voted to reconfirm and approve the Corporation's Shareholder Rights Plan as described in the Circular. The results of the ballot were as follows:
Votes For | Percent | Votes Against | Percent |
410,935,567 | 92.80% | 31,904,333 | 7.20% |
Encana Corporation
Encana is a leading North American energy producer that is focused on growing its strong portfolio of diverse resource plays producing natural gas, oil and natural gas liquids. By partnering with employees, community organizations and other businesses, Encana contributes to the strength and sustainability of the communities where it operates. Encana common shares trade on the Toronto and New York stock exchanges under the symbol ECA.
Further information on Encana Corporation is available on the company's website, www.encana.com.
SOURCE: Encana Corporation
