Annual and Special Meeting of Shareholders

Join us on Thursday, July 29 at 10 a.m. MT.

Inter Pipeline Annual and Special Meeting of Shareholders

Shareholders are invited to attend an annual and special meeting of the holders of common shares of Inter Pipeline Ltd. to be held on Thursday, July 29, 2021 at 10:00 a.m. MT in a virtual-only format that will be conducted via live audio webcast accessible.

Live Audio Webcast Details:

Webcast Link: https://web.lumiagm.com/419351825 
Password: ip2021

If you are looking to vote and/or ask questions at the meeting, please see the below for further instructions.

Special Resolution: Plan of Arrangement with Pembina

At the meeting shareholders will be asked to vote on, among other matters, a special resolution approving the plan of arrangement  involving the acquisition by Pembina Pipeline Corporation of all of the issued and outstanding IPL Common Shares, as more particularly described in the joint management information circular of Pembina and Inter Pipeline dated June 29, 2021.

Inter Pipeline’s board of directors following the receipt of the unanimous recommendation of the Special Committee of independent directors and financial and legal advice, reconfirms its unanimous recommendation that shareholders VOTE FOR the resolution approving the arrangement with Pembina. The Inter Pipeline Board also unanimously recommends that shareholders REJECT the hostile takeover offer from an affiliate of Brookfield Infrastructure Partners L.P.

Inter Pipeline is asking its shareholders to VOTE:
  • FOR the approval of the Arrangement Resolution;
  • FOR electing nine directors of Inter Pipeline to hold office until the earlier of the Effective Time and the next annual meeting of the IPL Shareholders;
  • FOR appointing Ernst & Young LLP, Chartered Professional Accountants, as the auditors of Inter Pipeline; and
  • FOR Inter Pipeline’s approach to executive compensation.
Complete Your Proxy Form by July 27

As usual, you may  provide voting instructions before the meeting by completing the form of proxy or voting instruction form that has been provided to you. Please complete the form of proxy from your shareholder package and submit it to Inter Pipeline’s transfer agent and registrar, Computershare Trust Company of Canada, as soon as possible but not later than 10:00 a.m. MT on July 27, 2021.

Participating at the annual and special meeting

The annual and special meeting will be held virtually. You can participate online using your smartphone, tablet or computer.

By participating online, you will be able to view a live webcast of the meeting, ask questions online and submit your votes in real time, provided you follow the instructions in your package which are summarized here.

Non-registered holders are shareholders who hold their shares through a bank, broker, direct investing account, trust company or other intermediary.

Non-registered holders will not be able to vote or ask questions at the meeting unless they have appointed themselves as proxy. To appoint yourself as proxyholder so that you may vote and ask questions at the meeting, you must do the following:

  1. On your voting instruction form, fill your name in the blank space provided for proxyholders and mail it to the address specified on the form in advance of the meeting.
  2. Visit www.computershare.com/InterPipeline and register your name and email address in advance of the meeting. Computershare will email you the username required to vote and ask questions at the meeting.
  3. At least 30 minutes prior to the meeting, check that your browser for whichever device you are using is compatible. Visit https://web.lumiagm.com/419351825 on your smartphone, tablet or computer. You will need the latest version of Chrome, Safari, Internet Explorer 11, Edge or Firefox.
  4. Enter the following details when prompted:
      User name: as provided to you by email from Computershare
      Password: ip2021

If you wish to appoint someone else as your proxyholder to vote and/or ask questions at the meeting, following the steps above using your proxyholder’s information.

For further instructions on how to log in, vote and ask questions at the meeting, please refer to the virtual meeting user guide found here.

If you wish to attend the meeting but you do not wish to vote or ask questions, you may also follow the instructions for “Guests” provided below.

Registered holders are shareholders who hold their shares in their own name and not through a bank, broker, direct investing account, trust company or other intermediary.

If you are a registered holder and wish to appoint a proxyholder to vote and ask questions at the meeting, you must do the following:

  1. On your form of proxy, fill the name of your proxyholder in the blank space provided for proxies and mail it to the address specified on the form in advance of the meeting.
  2. Visit www.computershare.com/InterPipeline and register the name and email address of your proxyholder in advance of the meeting. Computershare will email your proxyholder the username required to vote and ask questions at the meeting.

Registered holders and their duly appointed proxyholders can vote and ask questions at the meeting by following the instructions below:

  1. At least 30 minutes prior to the meeting, check that your browser for whichever device you are using is compatible. Visit https://web.lumiagm.com/419351825 on your smartphone, tablet or computer. You will need the latest version of Chrome, Safari, Internet Explorer 11, Edge or Firefox.
  2. Enter the following details when prompted:

      User name:
                Registered holders: enter the 15 digital control number provided on your form of proxy
                Proxyholders: enter the user name provided to you by email from Computershare
      Password: ip2021

For further instructions on how to log in, vote and ask questions at the meeting, please refer to the virtual meeting user guide found here.

Guests (including non-registered holders who have not duly appointed themselves as proxyholders) can log in and listen to the meeting but are not able to vote or ask questions at the meeting. To log in to the meeting as a guest:

  1. At least 30 minutes prior to the meeting, check that your browser for whichever device you are using is compatible. Visit https://web.lumiagm.com/419351825 on your smartphone, tablet or computer. You will need the latest version of Chrome, Safari, Internet Explorer 11, Edge or Firefox.
  2. Select “I am a guest” and complete the online form.
Letter of Transmittal

Registered Inter Pipeline Shareholders should also complete and return the enclosed Letter of Transmittal which, when properly completed and returned together with the certificate(s) or DRS Advice(s) representing Inter Pipeline Common Shares and all other required documents, will enable each Inter Pipeline Shareholder to obtain the consideration that the Inter Pipeline Shareholder is entitled to receive under the Arrangement.

Contact Inter Pipeline’s Information Agent

Kingsdale Advisors
Email: contactus@kingsdaleadvisors.com
Tel: 1-877-659-1820 (toll-free in North America)
Tel: 416-867-2272 (for collect calls outside North America)

Are you a Pembina Shareholder? Click here for details about Pembina’s July 29 Shareholder Meeting.