The members of our Board of Directors have the responsibility to oversee the conduct of the business of Source Energy Services Ltd. and to oversee the activities of management who are responsible for the day-to-day conduct of the business.

Click here to read our full Board Mandate

Click here to read the Position Description for the Chairman of the Board

Source has adopted a Majority Voting Policy regarding the election of Directors.

Click here to read our Majority Voting Policy

Our Board of Directors includes Audit, Compensation and Corporate Governance, Health, Safety and Environment, and Technical Committees.

The Audit Committee is comprised of Carrie Lonardelli (Chair), Jeff Belford, and Stew Hanlon.

Click here to read the Audit Committee Mandate

The Compensation and Corporate Governance Committee is comprised of Steven Sharpe (Chair), Stew Hanlon, and Jeff Belford.

Click here to read the Compensation and Corporate Governance Committee Mandate

The Health, Safety and Environment Committee is comprised of Stew Hanlon (Chair), Chris Johnson, and Carrie Lonardelli.

Click here to read the Health, Safety and Environment Committee Mandate

Source Energy Services Ltd. and its subsidiaries are committed to conducting the business of the Company ethically and legally.

Click here to read Source’s Code of Business Conduct

Our Whistleblower Policy addresses the continuing commitment of Source Energy Services Ltd. and its subsidiaries to integrity and ethical behavior. This Policy establishes procedures that allow employees, contractors and suppliers of Source to confidentially and anonymously submit any concerns regarding activity that may be considered ethically, morally or legally questionable to the Chair of the Audit Committee of the Board of Directors without fear of discrimination, retaliation or harassment.

Click here to read Source’s Whistleblower Policy

Our Anti-Corruption Policy addresses the continuing commitment of Source Energy Services Ltd. and its subsidiaries to conducting the business of the Company ethically and legally. This principle is reflected in the Source’s Code of Business Conduct and Ethics. Accordingly, Source believes that the Company has a responsibility to take an active stand against bribery and corruption. This Anti-Corruption Policy is critical to maintaining our corporate reputation and protecting the interests of our securityholders, employees, customers, suppliers, business partners, stakeholders and the communities we serve.

Click here to read Source’s Anti-Corruption Policy

The board of directors of Source Energy Services Ltd. believes in the importance of engaging in constructive communication with Source’s shareholders. Constructive engagement with shareholders can provide valuable insight that will assist the Board in maintaining the high standards of governance to which the Board is committed. The Board has adopted this Shareholder Engagement Policy to promote open and sustained dialogue with Source’s shareholders.

Click here to read Source’s Shareholder Engagement Policy

2022 Annual Meeting of Shareholders

Source Energy Services Ltd. (the “Company” or “Source”) is using the “notice-and-access” provisions under National Instrument 54-101 – Communication with Beneficial Owners of Securities of a Reporting Issuer (the “Notice-and-Access Provisions”) to send meeting materials for its 2022 Annual General Meeting of Shareholders (the “Meeting”). Instead of receiving printed copies of the notice of the Meeting, the Management Information Circular (the “Circular”), the audited consolidated financial statements of the Company for the year ended December 31, 2021, and management’s discussion and analysis thereon (“Financial Information”) (the Circular and Financial Information collectively, the “Meeting Materials”), our Holders are able to access the Meeting Materials electronically. Holders continue to receive a proxy or voting instruction form, as applicable, enabling them to vote at the Meeting. We also provide paper copies of the Meeting Materials to Beneficial Holders who have standing instructions to receive, or for whom Source has otherwise received a request to provide paper copies of materials.

Supplement to 2022 Information Circular

The Supplement is being sent to Source’s shareholders to inform them of an important change to the Business of the Meeting, particularly to the individuals proposed to be elected to our Board of Directors. Effective March 30, 2022, Mr. Brad Thomson resigned as President and CEO and as a director of the Company. The Board of Directors appointed Scott Melbourn, COO of Source, as Mr. Thomson’s replacement as President and CEO and as a director of the Company.

The Meeting will be held on Friday, May 6, 2022 at 10:00 a.m. (Calgary time). The Company is holding the Meeting as a completely virtual meeting, which will be conducted via live audio webcast. This format will provide all shareholders, regardless of geographic location, an equal opportunity to participate at the meeting and engage with directors of the Company and Management as well as other shareholders. Shareholders will not be able to attend the meeting physically in person. Below are the details to attend the virtual-only Meeting:

You will need the latest version of Chrome, Safari, Edge and Firefox. Please ensure your browser is compatible. Please do not use Internet Explorer to join the Meeting. If the link below opens by default in Internet Explorer, please copy and paste the link into another browser to continue.

You can participate online using your smartphone, tablet or computer. You may log in here: https://meetnow.global/MF4MCAX. To join, you must have your Control Number or Invite Code.

Details on how to vote and participate in the Meeting are contained in our Information Circular which you can access below.