governance matters

excellence. trust. respect. responsibility.


Our front cover photo was taken at one of Vermilion’s field offices in southern France. It represents the seeds of our international expansion in 1997, which was a major pillar of our free cash flow-generating business model, and our commitment to Environmental, Social and Governance (“ESG”) matters of importance. Vermilion prioritizes health, safety and the environment in all of our operations – and we take this even further. Partnering with our stakeholders to enrich the lives of the people in the communities where we live and work is fundamental in our approach to what we do every day, and has been a focus for more than two decades.

This photo also represents our conservative approach to executing our business model, as we did with subsequent international expansions. This provides a focus on our core business principles, which are (i) maintaining a strong balance sheet with low leverage; (ii) managing a total payout ratio of less than 100%; (iii) consistently delivering results that meet or exceed expectations; (iv) protecting equity to minimize dilution; and (v) maintaining a strong corporate culture. These principles were implemented when Vermilion started paying a distribution as an energy trust in 2003, and still shepherd us to providing long-term value creation for our stakeholders.

Vermilion 2022 Information Circular - Proxy Statement

download pdf

About Vermilion

Vermilion is a publicly traded, widely held, international energy producer. We are headquartered in Calgary, Alberta, Canada, with onshore and offshore operations around the world in countries noted for their stable, well-developed fiscal and regulatory policies regarding oil and gas exploration and development.




Annual General Meeting

Vermilion Energy will be hosting its 2022 Annual General Meeting of Shareholders virtually on Wednesday, May 11, 2022. Shareholders will not be able to attend the Meeting in person. Only registered shareholders and duly appointed proxyholders will be able to vote electronically at the Meeting. The password for use at the Meeting is vermilion2022. See Schedule "D" - Virtual Meeting Guide for additional information.

Date: Wednesday, May 11, 2022
Time: 3:00 PM
Location: Virtual only Meeting accessed at
(enter the unique control number that will be provided to access the Meeting)

Virtual Meeting Access

If you have questions or require assistance to vote your shares, contact:
Laurel Hill Advisory Group
Phone: 1.877.452.7184 (toll free - North America)
Phone: 1.416.304.0211 (outside North America)

Meeting Highlights

  1. 1. Receiving our financial statements and the respective auditor's report for the year ended December 31, 2021;
  2. 2. Fixing the number of directors to be elected at the Meeting at nine directors;
  3. 3. Electing the directors for the next year;
  4. 4. Appointing Deloitte LLP as auditors;
  5. 5. Advisory vote on Vermilion's approach to executive compensation as set forth in this Circular; and
  6. 6. Approval of the Omnibus Incentive Plan.

Director Nominees

Table of Contents