Whitecap Resources (WCP) EGM 2025 summary

Opening remarks and agenda

• Meeting convened virtually, allowing shareholders and proxy holders to vote and submit questions via the Lumi platform.

• Chair confirmed quorum and proper constitution of the meeting, with formalities completed before proceeding to business.

Specific resolutions to be voted on

• Sole agenda item was approval of a share issuance resolution to satisfy obligations related to a business combination with Veren Inc.

• The resolution was moved and seconded, with no questions submitted by shareholders.

• Voting was conducted electronically, and the resolution was approved by more than the requisite majority.

Discussions on mergers, acquisitions, or other significant changes

• The approved share issuance enables the business combination with Veren Inc., described as a transformative and momentous transaction.

• Formal closing of the transaction is scheduled for the following week.