Vermilion Energy Inc. Reports Voting Results of Annual General Meeting

CALGARY, AB, May 2, 2024 /CNW/ - Vermilion Energy Inc. ("Vermilion") (TSX: VET) (NYSE: VET) is pleased to announce the voting results from our annual meeting of shareholders held on May 1, 2024. A total of 68,572,045 common shares representing 42.64% of Vermilion's issued and outstanding common shares were voted in connection with the meeting.

The vote on each matter was conducted by ballot. The manner in which the proxies were voted or ballots cast, as applicable, in respect of each matter is set out below.

Vermilion Energy Inc. Reports Voting Results of Annual General Meeting (CNW Group/Vermilion Energy Inc.)

1. Ordinary resolution to approve fixing the number of directors of Vermilion to be elected at the Meeting at ten (10).

Votes For		Votes Against
Number	Percent (%)	Number	Percent (%)
55,581,185	98.19 %	1,025,760	1.81 %

2. Ordinary resolution to approve the election of the following ten nominees to serve as directors of Vermilion for the ensuing year, or until their successors are duly elected or appointed, as described in the Information Circular.

Name of Nominee	Votes For		Votes Withheld
	Number	Percent (%)	Number	Percent (%)
Robert B. Michaleski	55,126,782	97.39 %	1,480,164	2.61 %
Dion Hatcher	55,256,120	97.61 %	1,350,826	2.39 %
James J. Kleckner Jr.	55,198,259	97.51 %	1,408,687	2.49 %
Carin S. Knickel	54,808,206	96.82 %	1,798,740	3.18 %
Stephen P. Larke	55,058,378	97.26 %	1,548,568	2.74 %
Timothy R. Marchant	54,904,692	96.99 %	1,702,254	3.01 %
William B. Roby	55,144,904	97.42 %	1,462,042	2.58 %
Manjit K. Sharma	54,182,934	95.72 %	2,424,012	4.28 %
Myron M. Stadnyk	55,213,269	97.54 %	1,393,677	2.46 %
Judy A. Steele	55,076,309	97.30 %	1,530,637	2.70 %

3. Ordinary resolution to approve the appointment of Deloitte LLP, Chartered Accountants, as auditors of Vermilion for the ensuing year.

Votes For		Votes Withheld
Number	Percent (%)	Number	Percent (%)
64,899,429	94.64 %	3,672,616	5.36 %

4. Ordinary resolution to confirm and approve By-Law No.2 requiring advance notice of director nominations.

Votes For		Votes Against
Number	Percent (%)	Number	Percent (%)
55,480,126	98.01 %	1,126,818	1.99 %

5. Ordinary resolution to accept on an advisory basis the approach to executive compensation, as disclosed in the Information Circular.

Votes For		Votes Against
Number	Percent (%)	Number	Percent (%)
53,552,125	94.60 %	3,054,818	5.40 %

About Vermilion

Vermilion is an international energy producer that seeks to create value through the acquisition, exploration, development and optimization of producing assets in North America, Europe and Australia. Our business model emphasizes free cash flow generation and returning capital to investors when economically warranted, augmented by value-adding acquisitions. Vermilion's operations are focused on the exploitation of light oil and liquids-rich natural gas conventional and unconventional resource plays in North America and the exploration and development of conventional natural gas and oil opportunities in Europe and Australia.

Vermilion's priorities are health and safety, the environment, and profitability, in that order. Nothing is more important to us than the safety of the public and those who work with us, and the protection of our natural surroundings. We have been recognized by leading ESG rating agencies for our transparency on and management of key environmental, social and governance issues. In addition, we emphasize strategic community investment in each of our operating areas.

Vermilion trades on the Toronto Stock Exchange and the New York Stock Exchange under the symbol VET.

SOURCE Vermilion Energy Inc.

Kyle Preston, Vice President Investor Relations, TEL [phone] | IR TOLL FREE 1-866-895-8101 | [email protected] | www.vermilionenergy.com