Exhibit 99.2
Annual Meeting of Shareholders
of
PRECISION DRILLING CORPORATION
May 11, 2023
REPORT OF VOTING RESULTS
National Instrument 51-102 – Continuous Disclosure Obligations - Section 11.3
In respect of the Annual Meeting (the "Annual Meeting") of holders of common shares of Precision Drilling Corporation (the "Corporation"), the following sets forth a brief description of each item of business (as more fully described in the Corporation’s Management Information Circular, dated March 29, 2023) which was voted upon at the Annual Meeting and the outcome of the vote:
Description of Matter | Votes For | Percent | Votes Against/ Withheld |
Percent | |
1. |
Ordinary resolution to approve the election of the following nominees to serve as the directors of the Corporation for the ensuing year, or until successors are duly elected or appointed:
|
5,978,402 |
87.60% |
845,985 |
12.40% |
William T. Donovan | 5,596,491 | 82.01% | 1,227,896 | 17.99% | |
Steven W. Krablin | 5,562,612 | 81.51% | 1,261,775 | 18.49% | |
Lori A. Lancaster | 6,109,265 | 89.52% | 715,122 | 10.48% | |
Susan M. MacKenzie | 5,336,522 | 78.20% | 1,487,865 | 21.80% | |
Kevin O. Meyers | 5,582,996 | 81.81% | 1,241,391 | 18.19% | |
David W. Williams | 5,976,382 | 87.57% | 848,005 | 12.43% | |
Kevin A. Neveu | 6,027,384 | 88.32% | 797,003 | 11.68% | |
2. | Ordinary resolution to approve the appointment of KPMG LLP as auditors of the Corporation to hold office until the next annual meeting of shareholders at a remuneration to be fixed by the board of directors. |
7,009,988 |
94.82% |
383,097 |
5.18% |
3. | Advisory resolution on the Corporation's approach to executive compensation (‘Say-on-Pay’). |
4,665,257 |
68.36% |
2,159,129 |
31.64% |