International Petroleum Corporation's 2025 AGM Voting Summary

Author: Evelyn Baker Updated: 05-07-2025 11:49 AM

International Petroleum Corporation's AGM Voting Overview

International Petroleum Corporation (IPC) has shared the outcomes of its Annual General Meeting (AGM) held in 2025. This important event provides shareholders with insights into the governance and future direction of the company. As a leading player in oil and gas exploration, IPC continues to strengthen its position within the industry with robust asset management strategies.

Key Details from the AGM

This year, IPC set the number of directors to eight. The shareholders participated enthusiastically, reflecting confidence in the company’s strategic vision. The following details summarize the voting outcomes for the board of directors:

Voting Results for Directors

The results of the votes for the board of directors were overwhelmingly positive. The nominees put forth by IPC were elected to serve until the next AGM or until successors are appointed. The voting breakdown is as follows:

Door of Nominees

1. **C. Ashley Heppenstall** - Received 60,675,041 votes (97.76%). Votes withheld: 1,391,621 (2.24%).
2. **William Lundin** - Garnered 61,771,676 votes (99.52%). Votes withheld were 294,986 (0.48%).
3. **Chris Bruijnzeels** - Achieved 55,217,620 votes (88.97%), with 6,849,042 withheld (11.03%).
4. **Donald Charter** - Secured 61,638,931 votes (99.31%), with 427,731 votes withheld (0.69%).
5. **Lukas H. Lundin** - Received 61,665,996 votes (99.35%), and 400,666 were withheld (0.65%).
6. **Emily Moore** - Brought in 61,832,709 votes (99.62%) while 233,953 votes were withheld (0.38%).
7. **Mike Nicholson** - Accorded 61,665,366 votes (99.35%). Votes withheld: 401,296 (0.65%).
8. **Deborah Starkman** - Collected 61,673,369 votes (99.37%), with 393,293 votes withheld (0.63%).

Appointment of Auditor

In addition to the elections, PricewaterhouseCoopers LLP was appointed as the auditor for IPC until the next meeting, affirming the shareholders' confidence in the financial oversight of the corporation.

About International Petroleum Corporation

International Petroleum Corporation operates in the oil and gas sector with a diversified portfolio spanning across Canada, Europe, and Malaysia. This strategic positioning allows IPC to capitalize on various growth opportunities. As part of the Lundin Group of Companies, IPC upholds high standards in its business practices.

Future Outlook

With the AGM concluded successfully, IPC looks to leverage its governance framework to explore new operational areas and meet evolving market demands. Shareholder engagement will remain crucial as the corporation navigates the complexities of the energy landscape.

Frequently Asked Questions

What is the purpose of the Annual General Meeting?

The AGM allows shareholders to review the company's performance, vote on important issues like director elections, and learn about future strategies.

Who were elected as directors in 2025?

Directors elected include C. Ashley Heppenstall, William Lundin, and Emily Moore among others, all receiving strong support from shareholders.

What company was appointed as auditor?

PricewaterhouseCoopers LLP was appointed as the auditor for IPC during the AGM.

How does IPC ensure shareholder engagement?

IPC engages shareholders through regular communications, updates on performance metrics, and hosting events like the AGM for direct input.

Where does IPC operate?

International Petroleum Corporation operates in various regions including Canada, Europe, and Malaysia, with a focus on developing its asset base.

About The Author

Greetings, I'm 32-year-old author and financial specialist Evelyn Baker. My introduction into the financial industry started with an economics degree and continued with a wealth of experience in wealth management and financial consulting. My great passion over the years has been assisting people and companies in making wise, well-informed decisions to reach their financial objectives.

My goal with writing is to simplify difficult financial ideas into understandable, doable guidance. My goal in writing many books and articles is to make personal finance understandable to everyone, irrespective of their experience or background. I want to give readers the information they need to take charge of their financial futures, from investing and retirement planning to budgeting and saving.

Along with my writing, I lead webinars and workshops where I provide doable advice and methods for achieving financial success. To reach a larger audience, I also frequently contribute to financial blogs and publications. My method is always to offer doable, real-world guidance that can actually improve people's lives.

Aside from my job, I like to cook, travel, and experience other cultures. I work hard to apply my belief in the value of a balanced life to my financial counsel. My goal in working is to encourage and enable people to succeed financially so they may lead the best lives possible.

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