Pason Systems Inc. Reports Voting Results of Director Elections

CALGARY, AB, May 5, 2023 /CNW/ - Pason Systems Inc. (TSX: PSI) ("Pason") announced today the director election results from its 2023 Annual and Special Meeting of Shareholders held on May 4, 2023. The following six nominees were elected as directors of Pason to hold office until the next annual meeting of shareholders of Pason or until their successors are elected or appointed:

Nominee	Votes For	Percent	Votes Withheld	Percent
Marcel Kessler	66,751,560	94.59 %	3,817,161	5.41 %
T. Jay Collins	69,650,860	98.70 %	917,861	1.30 %
Jon Faber	69,715,862	98.79 %	852,859	1.21 %
Judi Hess	68,950,091	97.71 %	1,618,630	2.29 %
Ken Mullen	70,284,673	99.60 %	284,048	0.40 %
Laura Schwinn	67,733,021	95.98 %	2,835,700	4.02 %

Pason Systems Inc.

Pason is a leading global provider of specialized data management systems for drilling rigs. Our solutions, which include data acquisition, wellsite reporting, remote communications, web-based information management, and analytics, enable collaboration between the rig and the office. Through our subsidiary Energy Toolbase Software, Inc. ("ETB"), we provide products and services for the solar power and energy storage industry. ETB's solutions enable project developers to model, control and monitor economics and performance of solar energy and storage projects. Pason's common shares trade on the Toronto Stock Exchange under the symbol PSI.

For more information about Pason, visit the company's website at www.pason.com or contact [email protected].

SOURCE Pason Systems Inc.

Jon Faber, President and Chief Executive Officer, 403-301-3400; Celine Boston, Chief Financial Officer, 403-301-3400