EX-99.2 3 a992-reportofvotingresults.htm EX-99.2

Exhibit 99.2

BAYTEX ENERGY CORP.

Annual Meeting of Shareholders

held on May 5, 2025

Report of Voting Results pursuant to Section 11.3 of
National Instrument 51-102 – Continuous Disclosure Obligations

This report sets forth a brief description of each matter which was voted upon at the Annual of holders of common shares of Baytex Energy Corp. ("Baytex") held on May 5, 2025 (the "Meeting") and the outcome of the vote. A detailed description of the business of the Meeting is contained in the Information Circular – Proxy Statement of Baytex dated March 21, 2025 (the "Information Circular").

An aggregate of 335,327,771 common shares of Baytex (being 43.53% of the common shares eligible to be voted at the Meeting) were represented at the Meeting.

The vote on each matter was conducted by ballot. The manner in which the ballots were cast in respect of each matter is set out below.

1.Ordinary resolution to approve the selection of the following ten nominees to serve as directors of Baytex for the ensuing year, or until their successors are duly elected or appointed, as described in the Information Circular.

Name of Nominee			Votes For						Votes Withheld
			#			%			#			%
Mark R. Bly			290,419,227			96.21			11,434,570			3.79
Tiffany Thom Cepak			293,203,146			97.13			8,650,651			2.87
Trudy M. Curran			292,848,385			97.02			9,005,413			2.98
Eric T. Greager			293,048,282			97.08			8,805,515			2.92
Don G. Hrap			292,549,106			96.92			9,304,691			3.08
Angela S. Lekatsas			293,075,172			97.09			8,778,625			2.91
Jennifer A. Maki			293,497,599			97.23			8,356,199			2.77
David L. Pearce			293,925,185			97.37			7,928,613			2.63
Steve D.L. Reynish			293,023,384			97.08			8,830,414			2.93
Jeffrey E. Wojhan			292,980,093			97.06			8,873,705			2.94

2.Ordinary resolution to approve the appointment of KPMG LLP, Chartered Professional Accountants, as auditors of Baytex for the ensuing year and to authorize the directors of Baytex to fix their remuneration.

Votes For									Votes Withheld
#			%						#			%
317,436,186			94.67						17,870,156			5.33

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3.Special resolution to approve the unallocated awards under Baytex’s share award incentive plan was approved.

Votes For									Votes Against
#			%						#			%
285,581,155			94.61						16,272,641			5.39

4.Advisory resolution to accept the approach to executive compensation as disclosed in the Information Circular.

Votes For									Votes Against
#			%						#			%
285,022,944			94.42						16,830,853			5.58