Shareholder Activism Intensifies Ahead of MEG Energy Corp. Special Meeting on Cenovus Deal

MEG Energy Corp. has seen heightened shareholder activity ahead of its upcoming special meeting, now scheduled for October 22, 2025. The meeting, postponed from its original date to allow additional time for proxy submissions, will address the proposed Improved Cenovus Transaction. The MEG Board, following a unanimous recommendation and advice from a special committee of independent directors as well as external advisors, has urged shareholders to vote in favor of the transaction. Shareholders have also been given revised deadlines, with proxies due by 9:00 a.m. (Calgary Time) on October 20, 2025, and elections regarding preferred consideration under the transaction due by 4:30 p.m. the same day. The company has encouraged beneficial shareholders to contact their intermediaries or brokers for voting instructions, as some may have earlier cut-off dates. For assistance, shareholders can contact Sodali & Co. at the provided numbers or email address. The meeting will take place at Brookfield Place in Calgary and will also be accessible via live audio webcast. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. MEG Energy Corp. published the original content used to generate this news brief on October 08, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT) Original Document: here