Imperial Oil Ltd 8-K, filed May 3, 2023
Imperial Oil Ltd (IMO)
8-K
2023-05-03
For: 2023-05-02
View Original
Added on
April 10, 2026
About this 8-K
Imperial Oil Ltd filed this 8-K on May 3, 2023, reporting on events of May 2, 2023.
Items reported
- Item 5.07: Shareholder vote results
- Item 7.01: Regulation FD disclosure
- Item 9.01: Financial statements and exhibits
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
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Item 5.07 | Submission of Matters to a Vote of Security Holders | |||||||||||||
At the annual meeting of shareholders on May 2, 2023, each of the seven nominees proposed as directors of Imperial Oil Limited (the “Company”) were elected to hold office until the close of the next annual meeting. The votes for the directors were: D.W. Cornhill 477,220,521 shares for and 51,359,878 shares against, B.W. Corson 522,575,825 shares for and 6,004,574 shares against, M.R. Crocker 502,024,025 shares for and 26,556,374 shares against, S.R. Driscoll 526,032,840 shares for and 2,547,559 shares against, J. Floren 528,279,988 shares for and 300,411 shares against, G.J. Goldberg 528,282,636 shares for and 297,763 shares against, and M.C. Hubbs 515,973,536 shares for and 12,601,009 shares against. At the same annual meeting of shareholders, PricewaterhouseCoopers LLP was reappointed as the auditor of the Company and both shareholder proposals set out in the Company’s management proxy circular were defeated. The votes for the auditor reappointment and each of the shareholder proposals were: | ||||||||||||||
| the auditor was reappointed by a vote of 519,167,619 shares for and 11,948,913 shares withheld; the shareholder proposal requesting the adoption of an absolute greenhouse gas reduction target was defeated by a vote of 509,065,788 against and 19,510,026 for; and the shareholder proposal requesting a report on the impact of the energy transition on asset retirement obligations was defeated by a vote of 505,524,209 against and 23,051,605 for. | ||||||||||||||
| Item 7.01 | Regulation FD Disclosure | |||||||||||||
| On May 2, 2023, Imperial Oil Limited (the “company”) by means of a press release announced the voting results for the election of directors displayed in accordance with Canadian requirements. A copy of the press release is attached as Exhibit 99.1 to this report. | ||||||||||||||
Item 9.01 | Financial Statements and Exhibits. | |||||||||||||
(d) | Exhibits. | |||||||||||||
The following exhibit is furnished as part of this report on Form 8-K: | ||||||||||||||
News release of the company on May 2, 2023 announcing the voting results for the election of directors in accordance with Canadian requirements. | ||||||||||||||
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document). | |||||||||||||
SIGNATURES | ||||||||||||||
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
IMPERIAL OIL LIMITED | |||||||||||
Date: May 2, 2023
| By: | /s/ Ian Laing | ||||||||||
| Name: | Ian Laing | ||||||||||
| Title: | Vice-president, general counsel and corporate secretary | ||||||||||
| By: | /s/ Cathryn Walker | ||||||||||
| Name: | Cathryn Walker | ||||||||||
| Title: | Assistant corporate secretary | ||||||||||
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Exhibit 99.1 | ||||||||||||||
Imperial reports voting results for election of directors
Calgary, AB – May 2, 2023 – Imperial Oil Limited (TSE: IMO, NYSE American: IMO) announced at its annual meeting of shareholders held on May 2, 2023, that each of the seven nominees proposed as directors of the company and listed in its management proxy circular dated March 16, 2023 were elected as directors. A total of 531,116,532 shares (90.92 percent of outstanding common shares) were represented in person or by proxy. The percentage of shares represented at the meeting that were voted to elect the individual directors are set out below:
| Nominee: | For: | Against: | ||||||
| D.W. (David) Cornhill | 477,220,521 | 51,359,878 | ||||||
| B.W. (Bradley) Corson | 522,575,825 | 6,004,574 | ||||||
| M.R. (Matthew) Crocker | 502,024,025 | 26,556,374 | ||||||
| S.R. (Sharon) Driscoll | 526,032,840 | 2,547,559 | ||||||
| J. (John) Floren | 528,279,988 | 300,411 | ||||||
| G.J. (Gary) Goldberg | 528,282,636 | 297,763 | ||||||
| M.C. (Miranda) Hubbs | 515,973,536 | 12,601,009 | ||||||
| -30- | ||||||||||||||
For further information: | ||||||||
Investor relations | Media relations | |||||||
| (587) 476-4743 | (587) 476-7010 | |||||||
Source: Imperial
After more than a century, Imperial continues to be an industry leader in applying technology and innovation to responsibly develop Canada’s energy resources. As Canada’s largest petroleum refiner, a major producer of crude oil, a key petrochemical producer and a leading fuels marketer from coast to coast, our company remains committed to high standards across all areas of our business.
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