Vaalco Energy (EGY) has provided an update.
At the recent Annual Meeting, shareholders of the company voted on several key proposals with the majority favoring the election of five directors for one-year terms, ratification of KPMG LLP as the independent auditor for the next fiscal year, and the advisory approval of executive compensation. Additionally, an amendment to the 2020 Long-Term Incentive Plan (LTIP) was approved to increase the number of shares available for awards. CEO George W. M. Maxwell provided an overview of the company’s business and performance, with further details available on the company’s website.
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