Veren (VRN) AGM 2025 summary

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.