Logotype for Veren Inc

Veren (VRN) investor relations material

Veren has been acquired by Whitecap Resources Inc

Veren AGM 2025 summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
Logotype for Veren Inc
AGM 2025 summary6 May, 2025

Opening remarks and agenda

  • Chair welcomed attendees, explained the virtual format, and acknowledged the traditional territory in Southern Alberta.

  • Meeting logistics, including voting procedures and Q&A participation, were outlined for shareholders and proxy holders.

  • The meeting was called to order, and the sole agenda item was the proposed business combination with Whitecap Resources.

Board and executive committee updates

  • Mark Eates was appointed as Secretary and Jennifer Oliver as scrutineer for the meeting.

  • Notice of meeting and proof of service were filed, confirming proper meeting constitution.

Overview of voting outcomes

  • Quorum was established with 44.7% of outstanding shares represented.

  • The special resolution to approve the business combination with Whitecap Resources was moved, seconded, and carried by the required majority.

  • The scrutineer's report will be filed with the meeting records.

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Frequently asked questions

Veren Inc. is a Canadian company involved in the exploration, development, and production of oil and gas properties. The company's operations focus on various energy resources, including crude oil, tight oil, natural gas liquids, shale gas, and natural gas. Veren's assets are primarily located in the provinces of Saskatchewan, Alberta, British Columbia, and Manitoba in Canada, as well as in North Dakota, United States. Veren Inc. is headquartered in Calgary, Alberta, and its shares are listed on the Toronto Stock Exchange.