EX-99.1 6 d939119dex991.htm EX-99.1 EX-99.1

Exhibit 99.1

 

LOGO    news release

Ovintiv Announces Results of Annual Meeting

DENVER, May 5, 2025 – Ovintiv Inc. (NYSE, TSX: OVV; the “Company”) today announced that the following matters, as further described in the Company’s Proxy Statement filed on March 20, 2025 (the “Proxy Statement”), were voted upon at its 2025 Annual Meeting of Shareholders held on May 1, 2025.

Election of Directors

Each director listed in the Proxy Statement was elected as a director of the Company. The results of the vote by ballot were as follows:

 

     Shares For      Percent      Shares Against      Percent      Abstain      Broker Non-vote  

Peter A. Dea

     194,971,146        95.40%        9,397,427        4.59%        167,844        14,704,463  

Sippy Chhina

     203,825,808        99.78%        430,847        0.21%        279,762        14,704,463  

Meg A. Gentle

     201,529,881        98.60%        2,842,045        1.39%        164,491        14,704,463  

Ralph Izzo

     199,668,414        97.73%        4,621,495        2.26%        246,508        14,704,463  

Terri G. King

     203,977,847        99.81%        386,536        0.18%        172,034        14,704,463  

Howard J. Mayson

     202,468,078        99.07%        1,900,432        0.92%        167,907        14,704,463  

Brendan M. McCracken

     203,580,135        99.61%        791,758        0.38%        164,524        14,704,463  

Steven W. Nance

     200,819,477        98.26%        3,550,918        1.73%        166,022        14,704,463  

George L. Pita

     202,507,364        99.09%        1,858,035        0.90%        171,018        14,704,463  

Thomas G. Ricks

     194,538,704        95.19%        9,829,909        4.80%        167,804        14,704,463  

Brian G. Shaw

     200,180,720        97.95%        4,186,345        2.04%        169,352        14,704,463  

Advisory Vote to Approve Compensation of Named Executive Officers

The results of the non-binding advisory vote for the compensation of the Company’s named executive officers were as follows:

 

Shares For

  

Percent

  

Shares Against

  

Percent

  

Abstain

  

Broker Non-vote

191,966,561    93.96%    12,334,085    6.03%    235,771    14,704,463

Third Amendment to the Omnibus Incentive Plan

The results of the vote on the Third Amendment to the Omnibus Incentive Plan were as follows:

 

Shares For

  

Percent

  

Shares Against

  

Percent

  

Abstain

  

Broker Non-vote

198,139,344    96.98%    6,157,898    3.01%    239,175    14,704,463

 

 

Ovintiv Inc.    1


Ratify PricewaterhouseCoopers LLP as Independent Auditors

The results for the ratification of PricewaterhouseCoopers LLP, Chartered Accountants, as the Company’s independent auditors were as follows:

 

Shares For

  

Percent

  

Shares Against

  

Percent

  

Abstain

  

Broker Non-vote

210,840,461    96.24%    8,214,984    3.75%    185,435    0

Further information on Ovintiv Inc. is available on the Company’s website, www.ovintiv.com, or by contacting:

 

Investor contact:

(888) 525-0304

  

Media contact:

(403) 645-2252

SOURCE: Ovintiv Inc.

 

Ovintiv Inc.    2