Vermilion Energy Inc.Announces Appointment of Two New Board Members


CALGARY, AB, July 20, 2021 / PRNewswire / – Vermilion Energy Inc. (“Vermilion”, “We”, “Our”, “Our” or the “Company”) (TSX: VET) (NYSE: VET) is pleased to announce the appointments of Ms. . Manjit sharma and Mrs. Judy Steele to our board of directors.

Ms. Sharma brings over 25 years of depth and experience in navigating a wide range of operational issues in a variety of industries. She most recently served as Chief Financial Officer of WSP Canada, responsible for leading the finance, real estate, procurement, tax and shared services functions across Canada. Prior to her latest appointment, Ms. Sharma worked at GE Canada for more than 20 years, holding various positions including Chief Financial Officer from 2016 to 2019, Vice President, Business Development from 2011 to 2016, and Vice President. President, Finance and Sharing. Service Leader from 2007 to 2011. His responsibilities covered strategic planning and analysis, mergers and acquisitions, tax oversight, risk, governance, diversity and inclusion.

Ms. Sharma is a member of the Board of Directors of Export Development Canada and a member of the GE Canada Pension Plan Trust Committee. Manjit was previously a director of the Prime Canadian Property Fund of BentallGreenOak and served on the board of directors of GE Canada Company.

Ms. Sharma holds a Bachelor of Commerce (Honors) from the University of Toronto and the Chartered Professional Accountant designation. She is an alumnus of the Judy Project for Executive Women in Leadership at the Rotman School of Management and has been recognized as one of the from Canada Top 100 most powerful women in 2019.

Since October 2012, Ms. Steele was President and Chief Operating Officer of Emera Energy Inc., a leading natural gas and electricity marketing and wholesale trading company, where she is responsible for business performance, operations, business growth and development, risk management and the leadership and development team. Ms. Steele has been involved in overseeing various energy companies, including power plants powered by hydropower, wind, biomass and natural gas. She is a member of Emera Inc.’s corporate leadership team, the Sustainability Management Committee and the Emera Executive Safety Advisory Board. Prior to her current role, Ms. Steele held various leadership and management positions within Emera Inc., overseeing a range of functions including finance, investor relations and external relations, including strategy and l ‘execution of public affairs, government relations, media relations, investor communications and philanthropy.

Ms. Steele is currently a member of the Board of Directors of Canadian Blood Services and Governor of Saint-François-Xavier University. She previously served as Director and Chair of the Audit Committee of the Halifax Port Authority and National Chair of the Canadian Breast Cancer Foundation.

Ms. Steele holds the Fellow Chartered Accountant designation and a bachelor’s degree in public relations from Mount Saint Vincent University. She is the recipient of the Chartered Accountant of the Year award from the Institute of Chartered Accountants of New Scotland, for his exceptional community leadership.

We are delighted to welcome Ms. Sharma and Ms. Steele to our Board of Directors and look forward to the contributions their diverse skills, perspectives and expertise will make to Vermilion’s continued success.

About Vermillon

Vermilion is an international energy producer seeking to create value through the acquisition, exploration, development and optimization of production assets in North America, Europe and Australia. Our business model emphasizes the generation of free cash flow and the return of capital to investors when economically justified, complemented by value-added acquisitions. Vermilion’s business is focused on the exploitation of conventional light oil and liquid-rich natural gas resource deposits in North America and the exploration and development of conventional natural gas and petroleum opportunities in Europe and Australia.

Vermilion’s priorities are health and safety, the environment and profitability, in that order. Nothing is more important to us than the safety of the public and those who work with us, and the protection of our natural environment. Additionally, Vermilion emphasizes strategic community investment in each of our areas of operations. We have been recognized among Canadian publicly traded companies as being among the top performers in governance practices, a level of climate leadership (A-) by the CDP and a better place to work in the annual Great Place to Work® Institute in Canada and Germany.

Employees and directors own approximately 5% of our outstanding shares and are committed to providing long-term value to all stakeholders. Vermilion trades on the Toronto Stock Exchange and the New York Stock Exchange under the symbol VET.

SOURCE Vermilion Energy Inc.

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