MEG Energy (MEG) AGM 2025 summary

Opening remarks and agenda

• Meeting opened with a land acknowledgement and outlined procedures for virtual participation, emphasizing accessibility and environmental benefits of the virtual format.

• Voting and Q&A procedures were explained, with technical support available for participants.

Board and executive committee updates

• One new board nominee, Michael McAllister, with over 40 years of energy industry experience, was introduced.

• Over half of the board members have joined since 2020, and board diversity targets were achieved ahead of schedule, with 40% women and 10% racially diverse members.

• Full list of board nominees and leadership team members was presented.

Shareholder proposals

• Four items were presented for shareholder vote: election of directors, appointment of auditors, approval of unallocated restricted share units, and a non-binding advisory vote on executive compensation.

• All motions were moved and seconded by shareholders, with no questions raised on any motion.