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PERPETUAL ENERGY INC. ANNOUNCES ELECTION OF DIRECTORS

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CALGARY, AB, May 17, 2022 /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 22, 2022 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


33,297,171


99.987


4,334


0.013

Linda A. Dietsche


33,276,121


99.924


25,384


0.076

Geoffrey C. Merritt


33,250,113


99.846


51,392


0.154

Ryan A. Shay


33,272,965


99.914


28,540


0.086

Howard R. Ward


33,250,012


99.845


51,493


0.155

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.

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View original content: http://www.newswire.ca/en/releases/archive/May2022/17/c3002.html

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