CRESCENT POINT ENERGY CORP. CALGARY, ALBERTA--(Marketwired - May 7, 2015) - Crescent Point Energy Corp. ("Crescent Point" or the "Company") (TSX:CPG) (NYSE:CPG) held its Annual and Special Meeting of Shareholders on May 7, 2015, in Calgary. A total of 202.94 million shares, representing 45.03% of common shares, were represented in person or by proxy at the meeting.
During the regular business proceedings at the meeting, shareholders approved the resolutions below. For comparison, the Company has also included the voting results in favour of resolutions that were passed at last year's Annual and Special Meeting of Shareholders, which had approximately 50.60% of common shares represented in person or by proxy.
1. Fixing Number of Directors
The appointment of eight board members for the ensuing year was approved by a show of hands. Proxies and in-person votes were received as follows:
| Votes For | Percent | Against | Percent | 2014 Votes For |
| 202,138,931 | 99.73% | 554,555 | 0.27% | 99.58% |
2. Election of Directors
The eight director nominees proposed by management were elected by a show of hands. Proxies and in-person votes were received as follows:
| Nominee | Votes For | Percent | Withheld | Percent | 2014 Votes For | |||||
| Rene Amirault | 194,766,233 | 99.57% | 847,565 | 0.43% | 99.71% | |||||
| Peter Bannister | 195,017,096 | 99.69% | 596,675 | 0.31% | 99.78% | |||||
| Laura Cillis | 195,336,288 | 99.86% | 277,510 | 0.14% | N/A | |||||
| D. Hugh Gillard | 195,024,399 | 99.70% | 589,399 | 0.30% | 94.95% | |||||
| Robert F. Heinemann | 195,031,463 | 99.70% | 582,308 | 0.30% | 99.79% | |||||
| Gerald A. Romanzin | 194,890,920 | 99.63% | 722,878 | 0.37% | 95.17% | |||||
| Scott Saxberg | 195,145,917 | 99.76% | 467,881 | 0.24% | 99.80% | |||||
| Gregory G. Turnbull, QC | 149,694,161 | 76.53% | 45,919,637 | 23.47% | 70.09% |
3. Appointment of Auditors
The appointment of PricewaterhouseCoopers LLP as Crescent Point's auditors was approved by a show of hands. Proxies and in-person votes were received as follows:
| Votes For | Percent | Withheld | Percent | 2014 Votes For |
| 202,256,033 | 99.76% | 493,988 | 0.24% | 98.96% |
4. Amendment to the Restricted Share Bonus Plan
The amendment to the restricted share bonus plan was approved by ballot. Proxies and in-person votes were received as follows:
| Votes For | Percent | Against | Percent | 2014 Votes For |
| 174,687,935 | 89.30% | 20,925,861 | 10.70% | N/A |
5. Advisory Vote on Executive Compensation
The resolution to accept the Company's approach to executive compensation, the full text of which is set forth in the Information Circular, was approved by a show of hands. Proxies and in-person votes were received as follows:
| Votes For | Percent | Against | Percent | 2014 Votes For |
| 190,380,135 | 97.32% | 5,233,661 | 2.68% | 56.67% |
"In early 2014, we initiated a review of our executive compensation, including retaining an independent compensation expert. Although the majority of shareholders subsequently voted in favour of the previous compensation plan, a significant amount of shareholders did not. We then invited all major shareholders into a dialogue to provide feedback. We are very pleased that the revised compensation plan, including a new long-term incentive plan based on a rolling three-year historical performance, has been so well-received by our shareholders," said Hugh Gillard, the chair of Crescent Point's compensation committee.
The biographies of Crescent Point's board members and more details about the Company's corporate governance practices are available on www.crescentpointenergy.com.
Crescent Point is one of Canada's largest light and medium oil producers, with an annual dividend of CDN$2.76 per common share.
CRESCENT POINT ENERGY CORP.
Scott Saxberg, President and Chief Executive Officer
Crescent Point shares are traded on the Toronto Stock Exchange and the New York Stock Exchange, both under the symbol CPG.
