High Arctic Announces Annual and Special General Meeting Results


Friday, May 13, 2022, 8:13 p.m. MDT

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CALGARY, Alberta, May 13, 2022 (GLOBE NEWSWIRE) — High Arctic Energy Services Inc. (TSX: HWO) (“High Arctic” or the “Company”) is pleased to announce the results of the Annual General Meeting and of the shareholders of High Arctic held on May 12, 2022 (the “Meeting”). Three shareholders holding an aggregate of 32,257,636 common shares of the Company were represented at the meeting in person or by proxy, representing approximately 66.19% of the total votes attached to all issued and outstanding common shares of the Company at April 7, 2022 record date. All matters before the Meeting were approved.

With respect to the election of directors, shareholders approved setting the number of directors at six, with each nominee named in the Company’s management information circular dated April 7, 2022 being considered for election. as administrator. The detailed results of the vote for the election of directors, which took place by ballot, are presented below:

VOTES FOR ABSTAINED/ABSTAINED VOTES
Michael R. Binnion ‎98.87%‎‎(31,699,714)‎ ‎1.13%‎‎(363,529)‎
Bat Simon PD ‎98.67%‎‎(31,636,292)‎ ‎1.33%‎‎(426,951)‎
Daniel J. Bordessa ‎97.90%‎‎(31,389,799)‎ ‎2.10%‎‎(673,444)‎
Honorable Joe Oliver ‎98.43%‎‎(31,560,646)‎ ‎1.57%‎‎(502,597)‎
Ember WM Shmitt ‎98.11%‎‎(31,456,107)‎ ‎1.89%‎‎(607,136)‎
Douglas J.Strong ‎98.65%‎‎(31,629,914)‎ ‎1.35%‎‎(433,329)‎

At the meeting, shareholders also approved a resolution appointing KPMG LLP, Chartered Professional Accountants, as the Company’s auditors and a resolution approving unallocated options under the Company’s Stock Option Plan. shares of the company.

About the High Arctic

High Arctic’s primary focus is to provide specialized well drilling and completions, equipment rental and other services to the oil and gas industry. High Arctic is a market leader providing specialist drilling and well completion services and provides drill pads, camps and drilling support equipment on a rental basis in Papua New Guinea. Western Canada Operations provides well servicing and abandonment, depreciation and nitrogen services and equipment on a rental basis to a large number of exploration and production companies .

For more information, please contact:

Lance MierendorfChief Financial Officer1.587.318.22181.800.668.7143

High Arctic Energy Services Inc. Suite 2350, 330–5th Avenue SW Calgary, Alberta, Canada T2P 0L4 Website: www.haes.ca Email: [email protected]

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