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Trican Well Service Ltd. Announces the 2023 Annual Meeting Results

T.TCW

Calgary, Alberta--(Newsfile Corp. - May 12, 2023) - Trican Well Service Ltd. (TSX: TCW) ("Trican" or the "Company") announces the final results from its 2023 annual meeting held on May 12, 2023 (the "Meeting").

The following six nominees were elected as directors of Trican to hold office until the next annual meeting of shareholders of Trican, or until their successors are elected or appointed:

Nominee # Votes For % Votes For # Votes Withheld % Votes Withheld
Thomas M. Alford 101,103,453 97.84% 2,230,416 2.16%
Trudy M. Curran 97,871,958 94.71% 5,461,911 5.29%
Bradley P.D. Fedora 103,068,529 99.74% 265,340 0.26%
Michael J. McNulty 99,591,763 96.38% 3,742,376 3.62%
Stuart G. O'Connor 99,878,706 99.66% 3,455,433 3.34%
Deborah S. Stein 100,137,216 96.91% 3,196,653 3.09%

At the Meeting, shareholders also voted to approve the appointment of KPMG LLP as auditors of Trican, with Votes For totaling 104,204,834 Trican Shares representing 98.49% of the Trican Shares voted. An advisory vote to accept Trican's approach to executive compensation was approved by shareholders with Votes For totaling 99,504,177 Trican Shares representing 96.29% of the Trican Shares Voted.

ABOUT TRICAN

Headquartered in Calgary, Alberta, Trican supplies oil and natural gas well servicing equipment and solutions to our customers through the drilling, completion, and production cycles. Our team of technical experts provide state of the art equipment, engineering support, reservoir expertise and laboratory services through the delivery of hydraulic fracturing, cementing, coiled tubing, nitrogen services and chemical sales for the oil and gas industry in Western Canada. Trican is the largest pressure pumping service company in Canada.

Requests for further information should be directed to:

Brad Fedora
President and Chief Executive Officer

Scott Matson
Chief Financial Officer

Phone: (403) 266-0202
Fax: (403) 237-7716
2900, 645 - 7th Avenue S.W.
Calgary, Alberta T2P 4G8

Please visit our website at www.tricanwellservice.com.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/165995