CALGARY, ALBERTA–(Marketwired – May 9, 2016) – Canadian Natural (TSX:CNQ) (NYSE:CNQ) held its Annual and Special Meeting of Shareholders on May 5, 2016. The result of the vote by shareholders for each resolution is reported below.
| 1. | The election of the following nominees as directors of the Corporation for the ensuing year or until their successors are elected or appointed. |
| Votes For | Votes Withheld | ||
| Catherine M. Best | 778,147,535 91.68% |
70,660,038 8.32% |
|
| N. Murray Edwards | 836,606,047 98.56% |
12,201,582 1.44% |
|
| Timothy W. Faithfull | 846,791,873 99.76% |
2,015,756 0.24% |
|
| Honourable Gary A. Filmon | 846,723,836 99.75% |
2,083,793 0.25% |
|
| Christopher L. Fong | 847,598,928 99.86% |
1,208,701 0.14% |
|
| Ambassador Gordon D. Giffin | 822,109,636 96.85% |
26,697,993 3.15% |
|
| Wilfred A. Gobert | 830,510,783 97.84% |
18,296,798 2.16% |
|
| Steve W. Laut | 843,512,219 99.38% |
5,295,410 0.62% |
|
| Honourable Frank J. McKenna | 830,169,551 97.80% |
18,638,078 2.20% |
|
| David A. Tuer | 842,304,260 99.23% |
6,503,369 0.77% |
|
| Annette M. Verschuren | 828,738,831 97.64% |
20,068,798 2.36% |
|
| Votes For | Votes Withheld | ||
| 2. | The appointment of PricewaterhouseCoopers LLP as auditors of the Corporation for the ensuing year and to authorize the Audit Committee of the Board of Directors to fix their remuneration. | 849,472,799 98.46% |
13,289,114 1.54% |
| Votes For | Votes Against | ||
| 3. | An ordinary resolution approving all unallocated stock options pursuant to the Amended, Compiled and Restated Employee Stock Option Plan of the Corporation | 614,446,951 72.39% |
234,360,638 27.61% |
| 4. | A special resolution approving a plan of arrangement under section 193 of the Business Corporations Act (Alberta) in respect of a return of capital to Shareholders of the Corporation, which will be made through the distribution of PrairieSky Royalty Ltd. common shares | 846,815,671 99.77% |
1,991,957 0.23% |
| 5. | The Corporation’s approach to executive compensation. | 745,680,738 87.85% |
103,126,851 12.15% |
Canadian Natural is a senior oil and natural gas production company, with continuing operations in its core areas located in Western Canada, the U.K. portion of the North Sea and Offshore Africa.
Certain information regarding the Company contained herein may constitute forward-looking statements under applicable securities laws. Such statements are subject to known or unknown risks and uncertainties that may cause actual results to differ materially from those anticipated or implied in the forward-looking statements. Refer to our website for complete forward-looking statements www.cnrl.com
President
Corey B. Bieber
Chief Financial Officer and Senior Vice-President, Finance
Mark A. Stainthorpe
Director, Treasury and Investor Relations
Canadian Natural Resources Limited
2100, 855 – 2nd Street S.W.
Calgary, Alberta, T2P 4J8 Canada
Phone: (403) 514-7777
(403) 514-7888 (FAX)
[email protected]
www.cnrl.com
