Cavvy Energy Announces Voting Results From Annual Meeting Of Shareholders

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CALGARY, Alberta, May 08, 2026 (GLOBE NEWSWIRE) -- Cavvy Energy Ltd. (“Cavvy” or the“Company”) (TSX:CVVY) today announced the voting results from its Annual Meeting of Shareholders (the“Meeting”) held on May 8, 2026. Each of the matters voted upon at the Meeting is described below and additional information on such matters is set out in the 2026 Notice of Annual Meeting of Shareholders and Management Information Circular dated March 24, 2026 (the“Circular”), a copy of which is available on the Company's website and SEDAR+ profile at All resolutions brought forward at the Meeting were approved by shareholders.

The Company had 296,034,505 common shares outstanding and eligible to vote at the Meeting as of the record date (March 24, 2026), of which 178,703,234 (60.37%) were voted.

VOTING RESULTS

1. Number of Directors: By ordinary resolution, the number of directors of the Company to be elected at the Meeting was fixed at seven. The results of the vote were as follows:

Votes For	Votes Against
Number	Percent	Number	Percent
177,748,219	99.466%	954,669	0.534%

2. Election of Directors: Each of the following seven nominees were elected as a director of the Company to serve until the next annual meeting of shareholders of the Company, or until their successors are elected or appointed. The results of the vote were as follows:

Nominee	Votes For	Votes Withheld
	Number	Percent	Number	Percent
Michael Backus	175,398,005	99.706%	518,001	0.294%
Harvey Doerr	175,398,005	99.706%	518,001	0.294%
Doug Dreisinger	154,323,417	87.726%	21,592,589	12.274%
Andrew Judson	175,194,104	99.590%	721,902	0.410%
Patricia McLeod	174,938,518	99.444%	977,488	0.556%
Darcy Reding	175,230,970	99.611%	685,036	0.389%
Kiren Singh	175,066,461	99.517%	849,545	0.483%

A biography of each director is available in the Circular.

3. Appointment of Auditor: By ordinary resolution, Ernst & Young LLP was appointed as the auditor of the Company to hold office until close of the next annual meeting of shareholders of the Company. The results of the vote were as follows:

Votes For	Votes Withheld
Number	Percent	Number	Percent
178,225,127	99.733%	477,761	0.267%

4. Executive Compensation: By non-binding ordinary resolution, the advisory vote on executive compensation as described in the Circular, was approved. The results of the vote were as follows:

Votes For	Votes Against
Number	Percent	Number	Percent
166,789,616	94.812%	9,126,390	5.188%

ABOUT CAVVY ENERGY

Cavvy Energy is an integrated Canadian upstream and midstream energy company headquartered in Calgary, Alberta. Cavvy's objective is to create long term shareholder value through development, production, processing, and marketing of natural gas, natural gas liquids, and sulphur while providing superior service to the Company's third-party customers through our strategic, company-owned gathering and processing infrastructure located in western Canada.

For further information, visit , or please contact:

Darcy Reding, President & Chief Executive Officer		Adam Gray, Chief Financial Officer
Telephone: (403) 261-5900		Telephone: (403) 261-5900
Investor Relations
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