Exco Technologies (XTC) AGM 2025 summary

Opening remarks and agenda

• Meeting held virtually to ensure accessibility for all shareholders, with voting and Q&A enabled through the platform.

• Notice of meeting mailed to shareholders on December 20, 2024, and quorum confirmed by scrutineer's report.

• Agenda included election of directors, appointment of auditor, and Q&A session.

Board and executive committee updates

• Six directors nominated for re-election, all Canadian citizens, with no new nominations received.

• Nominees: Edward H. Kernaghan, Darren M. Kirk, Robert B. Magee, Colleen M. McMorrow, Brian A. Robbins, Tommy J. Skudutis.

Overview of voting outcomes

• Quorum present and overwhelming majority of proxy support reported.

• All six director nominees elected and Ernst & Young LLP reappointed as auditor until the next AGM.