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Paramount Resources Ltd. press release

Paramount Resources Ltd. Announces Annual General Meeting Results

TSX - Toronto Stock Exchange · Natural Gas · Oil · Natural Gas Liquids · Ethane · Canada

Canada NewsWire

CALGARY, AB , May 3, 2023 /CNW/ - Paramount Resources Ltd. (the "Company") (TSX: POU) announces that the following seven director nominees were elected at today's annual general meeting of shareholders:

| | VOTES FOR | VOTES WITHHELD | | | | | Number | Percent (%) | Number | Percent (%) | | James Riddell | 107,985,057 | 96.40 % | 4,031,853 | 3.60 % | | James Bell | 110,641,545 | 98.77 % | 1,375,365 | 1.23 % | | Wilfred Gobert | 110,867,147 | 98.97 % | 1,149,763 | 1.03 % | | Dirk Jungé | 105,620,527 | 94.29 % | 6,396,383 | 5.71 % | | Kim Lynch Proctor | 110,925,373 | 99.03 % | 1,091,537 | 0.97 % | | Keith MacLeod | 110,938,230 | 99.04 % | 1,078,680 | 0.96 % | | Susan Riddell Rose | 102,390,237 | 91.41 % | 9,626,673 | 8.59 % | | | | | | |

In addition, the re-appointment of Ernst & Young LLP, Chartered Professional Accountants, as auditors of the Company was approved with 113,937,686 (98.80%) of the votes cast for and 1,379,538 (1.20%) votes withheld.

A BOUT PARAMOUNT

Paramount is an independent, publicly traded, liquids-rich natural gas focused Canadian energy company that explores for and develops both conventional and unconventional petroleum and natural gas, including longer-term strategic exploration and pre-development plays, and holds a portfolio of investments in other entities. The Company's principal properties are located in Alberta and British Columbia . Paramount's class A common shares are listed on the Toronto Stock Exchange under the symbol "POU".

SOURCE Paramount Resources Ltd.

View original content: http://www.newswire.ca/en/releases/archive/May2023/03/c1096.html

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