Orbit Garant Drilling (OGD) AGM 2024 summary

Opening remarks and agenda

• Meeting opened with a welcome and explanation that proceedings would be conducted in French to accommodate Québec-based shareholders.

• Shareholders were encouraged to vote by proxy prior to the meeting, and special welcome was extended to those joining by phone or webcast.

• Quorum was confirmed, and the meeting was declared duly constituted.

Board and executive committee updates

• Six directors were nominated and elected to serve until the next annual meeting or until successors are appointed.

• Jean-Yves Laliberté announced his retirement from the board after long service, including as chair and audit committee head.

Overview of voting outcomes

• All director nominees were elected by a show of hands.

• KPMG was reappointed as independent auditor, with directors authorized to set their remuneration.

• The company’s stock option plan was renewed and approved by the required majority.