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PERPETUAL ENERGY INC. ANNOUNCES ELECTION OF DIRECTORS

T.PMT

CALGARY, AB, May 16, 2023 /CNW/ - (TSX: PMT) – Perpetual Energy Inc. ("Perpetual" or the "Corporation") is pleased to announce that the nominees listed in the management proxy circular dated March 30, 2023 were elected as directors of Perpetual. The detailed results of the vote for the election of directors held at its annual meeting of shareholders earlier today in Calgary, Alberta are set out below.

Election of Directors

Each of the following five nominees proposed by management was elected as a director of Perpetual:

Nominee


Votes For


% For


Votes Withheld


% Withheld

Susan L. Riddell Rose


36,521,038


99.697


111,103


0.303

Linda A. Dietsche


36,521,038


99.697


111,103


0.303

Geoffrey C. Merritt


36,580,933


99.860


51,208


0.140

Ryan A. Shay


36,579,933


99.857


52,208


0.143

Steven L. Spence


36,580,933


99.860


51,208


0.140


About Perpetual

Perpetual is an oil and natural gas exploration, production and marketing company headquartered in Calgary, Alberta. Perpetual owns a diversified asset portfolio, including liquids-rich conventional natural gas assets in the deep basin of West Central Alberta, heavy crude oil and shallow conventional natural gas in Eastern Alberta and undeveloped bitumen leases in Northern Alberta. Additional information on Perpetual can be accessed at www.sedar.com or from the Company's website at www.perpetualenergyinc.com.

The Toronto Stock Exchange has neither approved nor disapproved the information contained herein.

SOURCE Perpetual Energy Inc.

Cision View original content: http://www.newswire.ca/en/releases/archive/May2023/16/c3424.html