Petrofac Regulatory News (PFC)

17 June 2021

PETROFAC LIMITED

(the "Company")

RESULTS OF ANNUAL GENERAL MEETING

Petrofac Limited hereby confirms that in accordance with the arrangements previously announced, the Annual General Meeting of Petrofac Limited was held at 09:30am today. All valid proxy votes (whether submitted electronically or in hard copy form) were included in the poll taken at the meeting.

The final results of which, for each resolution put to the meeting, were as follows:

* percentage of votes cast excludes withheld votes.

The number of shares in issue at the date of the Meeting was 345,912,747 ordinary shares of US$0.02 each in the Company (the "Shares") and each Share attracted one vote. Votes 'For' included votes at the discretion of the Chairman. All valid proxy votes and voting instructions (whether submitted electronically or in hard copy form) were included in the poll taken at the meeting. The total number of votes cast was 178,684,743 (51.66% of the share register).

The Board acknowledges the concerns raised with respect to Resolutions 2 and 7, regarding the approval of the 2020 Annual Remuneration Report and the reappointment of Ayman Asfari as a Non-executive Director. The Board and the Remuneration Committee are committed to regular engagement with shareholders in order to ensure that they understand their views and take the full range of shareholders' feedback into consideration.

The full text of each resolution is contained in the Notice of Annual General Meeting, which is available on the Company's website, www.petrofac.com. A copy of the poll results for the AGM will also be available on the Company's website.  In accordance with Listing Rule 9.6.2, a copy of Resolutions 18 to 22 (as set out in the Notice of Annual General Meeting), will be submitted today to the Financial Conduct Authority's national storage mechanism and will shortly be available for inspection at https://data.fca.org.uk/#/nsm/nationalstoragemechanism.

For further information contact:

Petrofac Limited 

+44 (0) 207 811 4900

NOTES TO EDITORS

Petrofac

Petrofac is a leading international service provider to the energy industry, with a diverse client portfolio including many of the world's leading energy companies.

Petrofac designs, builds, manages and maintains oil, gas, refining, petrochemicals and renewable energy infrastructure. Our purpose is to enable our clients to meet the world's evolving energy needs. Our four values - driven, agile, respectful and open - are at the heart of everything we do.

Petrofac's core markets are in the Middle East and North Africa (MENA) region and the UK North Sea, where we have built a long and successful track record of safe, reliable and innovative execution, underpinned by a cost effective and local delivery model with a strong focus on in-country value. We operate in several other significant markets, including India, South East Asia and the United States. We have 9,400 employees based across 31 offices globally.

Petrofac is quoted on the London Stock Exchange (symbol: PFC).

For additional information, please refer to the Petrofac website at www.petrofac.com