CALGARY, AB, April 19, 2021 /CNW/ - Calfrac Well Services Ltd.
("Calfrac" or the "Company") (TSX: CFW) announced today that
its annual meeting of shareholders scheduled for Tuesday, May 4, 2021, at 3:30 p.m. (Calgary time) at
the Calgary Petroleum Club will be changed to a
virtual meeting to be held
at the same time and on the same
date.
Due to the increasing severity of the third wave of the COVID-19
pandemic in Alberta,
Calfrac has made the decision to change its in person annual meeting
to a virtual format.
The virtual meeting will be conducted via live webcast at
https://web.lumiagm.com/264833318 commencing at 3:30 p.m.
(Calgary time) on May 4, 2021 (the "Meeting"). Online access
to the Meeting will begin at approximately 3:00 p.m. (Calgary time). Shareholders will have an
opportunity to participate at the Meeting online regardless of
their geographic location, subject to the instructions detailed
below.
Attending the Meeting as a Registered Shareholder
If you were a registered shareholder at the close of business on
March 16, 2021 (the "Record Date")
(i.e., you held your shares in your own name as reflected in the
records of Calfrac's transfer agent, Computershare Trust Company of
Canada ("Computershare")), you can
attend the Meeting by accessing
https://web.lumiagm.com/264833318 and entering the 15-digit
control number on the form of proxy you previously received and the
Meeting password, calfrac2021 (all lower case – no spaces).
You may also appoint a person (who need not be a shareholder)
other than the directors and officers designated by Calfrac on the
form of proxy to represent you and vote on your behalf at the
Meeting. To do so, write the name of the person you are
appointing in the space provided, sign and date the form of proxy
and return it to Computershare as instructed. In order for
your proxyholder to attend and participate at the Meeting, you must
also register your proxyholder with Computershare by accessing
www.computershare.com/calfrac by no later than
3:30 p.m. (Calgary time) on April
30, 2021 so that Computershare may provide your proxyholder
with a 4-digit username for the Meeting via
email. Your proxyholder can then attend the
Meeting by accessing https://web.lumiagm.com/264833318 and
entering the username and the Meeting password, calfrac2021 (all
lower case – no spaces). Without a username, your
proxyholder will not be able to vote or ask questions at the
Meeting.
Registering to Attend the Meeting as a Non-Registered
(Beneficial) Shareholder
If you were a non-registered (beneficial) shareholder as of the
Record Date (i.e., you held your shares in "street name" through an
intermediary, such as a bank, trust company, securities broker or
other financial institution) and you wish to attend the Meeting,
you must insert your own name in the space provided on the voting
instruction form sent to you by your intermediary and follow all of
the applicable instructions provided by your intermediary.
Once you have done so, you must then register with Computershare
by accessing www.computershare.com/calfrac by no
later than 3:30 p.m. (Calgary time) on April
30, 2021 so that Computershare may provide you with a
4-digit username for the Meeting via email. You can then
attend the Meeting by accessing
https://web.lumiagm.com/264833318 and entering the username
and the Meeting password, calfrac2021 (all lower case – no
spaces). Without a username, you will not be able to vote
or ask questions at the Meeting.
You may also appoint a person (who need not be a shareholder)
other than the directors and officers designated by Calfrac on your
voting instruction form to represent you and vote on your behalf at
the Meeting. To do so, insert the name of the person you are
appointing in the space provided on the voting instruction form
sent to you by your intermediary and follow all of the applicable
instructions provided by your intermediary. Once you have
done so, your proxyholder must then register with Computershare in
the manner described above in order to be provided with a 4-digit
username.
Your voting instructions must be received in sufficient time to
allow your voting instruction form to be forwarded by your
intermediary to Computershare. You should contact your
intermediary well in advance of the Meeting and follow its
instructions if you want to attend and vote at the Meeting.
If you were a United States
resident non-registered (beneficial) shareholder as of the Record
Date, you must obtain a legal proxy, executed in your favour, from
your registered shareholder intermediary (i.e. a bank, trust
company, securities broker or other financial institution) and
submit proof of your legal proxy reflecting the number of common
shares of Calfrac you held as of the Record Date, along with your
name and email address, to Computershare. You may submit a
copy of your legal proxy to Computershare, by mail at 100
University Avenue, 8th Floor, Toronto,
Ontario M5J 2Y1 or by email at
uslegalproxy@computershare.com. Requests for registration
must be labelled as "Legal Proxy" and be received no later than
3:30 p.m. (Calgary time) on April
30, 2021. You will then receive a confirmation of your
registration, with a 4-digit username, by email from
Computershare that will allow you to attend the Meeting.
You may also appoint someone else as the proxyholder for your
shares to represent you and vote on your behalf at the Meeting by
obtaining a legal proxy, executed in your proxyholder's favour,
from the registered shareholder and registering with Computershare
in the manner described above.
Asking Questions
If you are attending the Meeting as a registered shareholder or
a duly appointed proxyholder (including a non-registered
(beneficial) shareholder that has been appointed and registered
with Computershare pursuant to the instructions above), questions
can be submitted by accessing https://web.lumiagm.com/264833318,
entering your 15-digit control number or 4-digit username (as
applicable) and Meeting password, calfrac2021 (all lower case, no
spaces), and clicking on the "Question Icon" on the Meeting centre
site.
Voting Shares
If you have not already voted your shares in advance of the
Meeting, you will be able to vote your shares electronically during
the Meeting by clicking on the "Voting Icon" on the Meeting centre
site. It is important that you are connected to the Internet
at all times during the Meeting in order to vote when voting
commences. It is the responsibility of each attendee to
ensure connectivity for the duration of the Meeting.
Shareholders who participate in and/or vote at the Meeting
virtually are deemed to be present at the Meeting for all purposes,
including quorum.
If you have voted your shares by proxy prior to the Meeting and
you log in to the Meeting, you do not need to vote again; however,
if you wish to change your vote you will be provided with the
opportunity to vote electronically on the matters put forth at the
Meeting.
Whether or not you plan to attend the Meeting, Calfrac
encourages you to vote and submit your proxy or voting
instructions, as applicable, in advance of the Meeting by one of
the methods described in the proxy materials for the Meeting.
Accessing the Meeting as a Guest
If you would like to access the Meeting as a guest in
listen-only mode, click on the "I am a guest" button after
accessing the Meeting centre at
https://web.lumiagm.com/264833318 and enter the information
requested on the following screen. Please note you will not
have the ability to ask questions or vote during the Meeting if you
participate as a guest.
Additional explanation regarding how shareholders will be able
to attend, communicate and vote at the Meeting are included
in a "Virtual AGM User Guide" that will be filed on
the Company's website at www.calfrac.com.
Shareholders who have questions about voting their shares or
attending the Meeting may contact Scott
Treadwell, Vice President, Capital Markets and Strategy by
telephone at 403.266.6000.
Your vote is important. Whether or not you plan to
virtually attend the Meeting, please vote as soon as possible by
one of the methods described in the proxy materials for the Meeting
to ensure that your shares are represented and voted at the
Meeting.
Calfrac recommends that you log in to the webcast at least fifteen minutes before
the time of the Meeting.
Please note that in light of the evolving restrictions related
to the COVID-19 pandemic, the ability to hold the Meeting as
planned could be compromised. Should Calfrac be required to alter
its plans regarding the Meeting, leading to a cancellation or
postponement, the details of any such change would be communicated
via press release and made available at the Company's website at
calfrac.com.
Calfrac's common shares and warrants are publicly traded on the
Toronto Stock Exchange (the "TSX") under the trading symbols "CFW"
and "CFW.WT", respectively. As a condition of TSX allowing the
rescission of the purchase of a subscription of 1.5 Lien Notes
acquired by an institutional shareholder as a corrective measure as
further described in Calfrac's press releases of March 1, 12 and 29, 2021 and April 15, 2021, Calfrac will be subject to
enhanced review by the TSX Compliance and Disclosure Group for the
12 months following such approval, subject to extension in the
TSX's discretion.
Calfrac provides specialized oilfield services to exploration
and production companies designed to increase the production of
hydrocarbons from wells drilled throughout western Canada, the United
States, Argentina and
Russia.
SOURCE Calfrac Well Services Ltd.