Director/PDMR Shareholding
In brief · summary, not quotable
Vaalco Energy Inc. announced that on June 4, 2026, restricted shares of common stock were granted at nil cost to persons discharging managerial responsibilities, with vesting conditions varying for directors and other employees. Additionally, restricted performance shares were granted with vesting contingent on performance conditions over three years. On June 5 and June 8, 2026, certain individuals forfeited common stock to satisfy tax withholding obligations upon award vesting, with transactions occurring outside a trading venue.
Full announcement
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Vaalco Energy, Inc. (NYSE: EGY; LSE: EGY) ("VAALCO" or the "Company") announces that, on 4 June 2026, restricted shares ("Restricted Shares") of common stock of par value $0.10 per share of the Company ("Common Stock") were granted at nil cost to persons discharging managerial responsibility in the Company as listed below. For the awards to directors other than George Maxwell, the Restricted Shares will be subject to forfeiture whilst they remain restricted. The Restricted Shares will become unrestricted on the earlier of (i) the first anniversary of the grant date and (ii) the first annual meeting of stockholders of the Company following the grant date (but in either case, not less than fifty (50) weeks following the grant date) provided, that the director is then, and continuously from the grant date has been, an outside director of the Company and has not been terminated from service from the Company's board of directors on such vesting date. For George Maxwell and non-directors, Restricted Shares will become unrestricted in equal proportions on each anniversary of the date of grant over the next three-year period.
| Name | Role | Nature of transaction | Number of shares of Common Stock |
|---|---|---|---|
| Andrew Fawthrop | Director and Chairman of the Board | Award of Restricted Shares | 23,173 |
| Edward LaFehr | Director | Award of Restricted Shares | 23,173 |
| George Maxwell | Chief Executive Officer and Director | Award of Restricted Shares | 151,297 |
| Fabrice Nze-Bekale | Director | Award of Restricted Shares | 23,173 |
| Catherine Stubbs | Director | Award of Restricted Shares | 23,173 |
| Thor Pruckl | Chief Operating Officer | Award of Restricted Shares | 31,686 |
| Ronald Bain | Chief Financial Officer | Award of Restricted Shares | 72,456 |
| Matthew Powers | Executive Vice President and General Counsel | Award of Restricted Shares | 18,484 |
| Casey Donohue | Executive Vice President, Technical and Business Development | Award of Restricted Shares | 15,368 |
| Lynn Willis | Chief Accounting Officer | Award of Restricted Shares | 19,935 |
VAALCO also announces that restricted performance shares ("Performance Shares") were granted to persons discharging managerial responsibility in the Company as listed below. These Performance Shares will be subject to forfeiture until they become unrestricted, which is to occur in equal proportions on each anniversary of the date of grant over the next three-year period, subject to the performance conditions attached to each award being met. The Performance Shares were granted at nil-cost.
| Name | Role | Nature of transaction | Number of shares of Common Stock |
|---|---|---|---|
| George Maxwell | Chief Executive Officer and Director | Award of Performance Shares | 211,945 |
| Thor Pruckl | Chief Operating Officer | Award of Performance Shares | 44,387 |
| Ronald Bain | Chief Financial Officer | Award of Performance Shares | 101,500 |
| Matthew Powers | Executive Vice President and General Counsel | Award of Performance Shares | 25,893 |
| Casey Donohue | Executive Vice President, Technical and Business Development | Award of Performance Shares | 21,528 |
Further, VAALCO also announces that on 5 June 2026 and 8 June 2026, there were the following forfeitures of Common Stock by persons discharging managerial responsibility in the Company to satisfy tax withholding obligations upon the vesting of awards:
| George Maxwell | Chief Executive Officer and Director | Forfeiture of Common Stock | 140,474 |
| Thor Pruckl | Chief Operating Officer | Forfeiture of Common Stock | 32,649 |
| Ronald Bain | Chief Financial Officer | Forfeiture of Common Stock | 51,914 |
| Matthew Powers | Executive Vice President and General Counsel | Forfeiture of Common Stock | 16,882 |
| Casey Donohue | Executive Vice President, Technical and Business Development | Forfeiture of Common Stock | 4,873 |
| Lynn Willis | Chief Accounting Officer | Forfeiture of Common Stock | 3,942 |
| a) | Name | VAALCO Energy, Inc. | |
| b) | LEI | 549300CFHFVIWB8M6T24 | |
| a) | Description of the financial instrument, type of instrument Identification code | Common Stock, par value $0.10 per share US91851C2017 | |
| b) | Nature of the transaction | Award of Restricted Shares | |
| c) | Price(s) and volume(s) | Volume: 151,297 Price: Nil | |
| d) | Aggregated information - Aggregated volume - Aggregated price | N/A | |
| e) | Date of the transaction | 4 June 2026 | |
| f) | Place of the transaction | Outside a trading venue | |
| 1. | Details of the Person discharging managerial responsibilities / person closely associated | ||
| a) | Name | Ronald Bain | |
| 2. | Reason for the notification | ||
| a) | Position / status | Chief Financial Officer | |
| b) | Initial notification / amendment | Initial notification | |
| a) | Name | VAALCO Energy, Inc. | |
| b) | LEI | 549300CFHFVIWB8M6T24 | |
| a) | Description of the financial instrument, type of instrument Identification code | Common Stock, par value $0.10 per share US91851C2017 | |
| b) | Nature of the transaction | Award of Restricted Shares | |
| c) | Price(s) and volume(s) | Volume: 72,456 Price: Nil | |
| d) | Aggregated information - Aggregated volume - Aggregated price | N/A | |
| e) | Date of the transaction | 4 June 2026 | |
| f) | Place of the transaction | Outside a trading venue | |
| 1. | Details of the Person discharging managerial responsibilities / person closely associated | ||
| a) | Name | Thor Pruckl | |
| 2. | Reason for the notification | ||
| a) | Position / status | Chief Operating Officer | |
| b) | Initial notification / amendment | Initial notification | |
| a) | Name | VAALCO Energy, Inc. | |
| b) | LEI | 549300CFHFVIWB8M6T24 | |
| a) | Description of the financial instrument, type of instrument Identification code | Common Stock, par value $0.10 per share US91851C2017 | |
| b) | Nature of the transaction | Award of Restricted Shares | |
| c) | Price(s) and volume(s) | Volume: 31,686 Price: Nil | |
| d) | Aggregated information - Aggregated volume - Aggregated price | N/A | |
| e) | Date of the transaction | 4 June 2026 | |
| f) | Place of the transaction | Outside a trading venue | |
| 1. | Details of the Person discharging managerial responsibilities / person closely associated | ||
| a) | Name | Matthew Powers | |
| 2. | Reason for the notification | ||
| a) | Position / status | Executive Vice President and General Counsel | |
| b) | Initial notification / amendment | Initial notification | |
| a) | Name | VAALCO Energy, Inc. | |
| b) | LEI | 549300CFHFVIWB8M6T24 | |
| a) | Description of the financial instrument, type of instrument Identification code | Common Stock, par value $0.10 per share US91851C2017 | |
| b) | Nature of the transaction | Award of Restricted Shares | |
| c) | Price(s) and volume(s) | Volume: 18,484 Price: Nil | |
| d) | Aggregated information - Aggregated volume - Aggregated price | N/A | |
| e) | Date of the transaction | 4 June 2026 | |
| f) | Place of the transaction | Outside a trading venue | |
| 1. | Details of the Person discharging managerial responsibilities / person closely associated | ||
| a) | Name | Andrew Fawthrop | |
| 2. | Reason for the notification | ||
| a) | Position / status | Director and Chairman of the Board | |
| b) | Initial notification / amendment | Initial notification | |
| a) | Name | VAALCO Energy, Inc. | |
| b) | LEI | 549300CFHFVIWB8M6T24 | |
| a) | Description of the financial instrument, type of instrument Identification code | Common Stock, par value $0.10 per share US91851C2017 | |
| b) | Nature of the transaction | Award of Restricted Shares | |
| c) | Price(s) and volume(s) | Volume: 23,173 Price: Nil | |
| d) | Aggregated information - Aggregated volume - Aggregated price | N/A | |
| e) | Date of the transaction | 4 June 2026 | |
| f) | Place of the transaction | Outside a trading venue | |
| 1. | Details of the Person discharging managerial responsibilities / person closely associated | ||
| a) | Name | Casey Donohue | |
| 2. | Reason for the notification | ||
| a) | Position / status | Executive Vice President, Technical and Business Development | |
| b) | Initial notification / amendment | Initial notification | |
| a) | Name | VAALCO Energy, Inc. | |
| b) | LEI | 549300CFHFVIWB8M6T24 | |
| a) | Description of the financial instrument, type of instrument Identification code | Common Stock, par value $0.10 per share US91851C2017 | |
| b) | Nature of the transaction | Award of Restricted Shares | |
| c) | Price(s) and volume(s) | Volume: 15,368 Price: Nil | |
| d) | Aggregated information - Aggregated volume - Aggregated price | N/A | |
| e) | Date of the transaction | 4 June 2026 | |
| f) | Place of the transaction | Outside a trading venue | |
| 1. | Details of the Person discharging managerial responsibilities / person closely associated | ||
| a) | Name | Lynn Willis | |
| 2. | Reason for the notification | ||
| a) | Position / status | Chief Accounting Officer | |
| b) | Initial notification / amendment | Initial notification | |
| a) | Name | VAALCO Energy, Inc. | |
| b) | LEI | 549300CFHFVIWB8M6T24 | |
| a) | Description of the financial instrument, type of instrument Identification code | Common Stock, par value $0.10 per share US91851C2017 | |
| b) | Nature of the transaction | Award of Restricted Shares | |
| c) | Price(s) and volume(s) | Volume: 19,935 Price: Nil | |
| d) | Aggregated information - Aggregated volume - Aggregated price | N/A | |
| e) | Date of the transaction | 4 June 2026 | |
| f) | Place of the transaction | Outside a trading venue | |
| 1. | Details of the Person discharging managerial responsibilities / person closely associated | ||
| a) | Name | Edward LaFehr | |
| 2. | Reason for the notification | ||
| a) | Position / status | Director | |
| b) | Initial notification / amendment | Initial notification | |
| a) | Name | VAALCO Energy, Inc. | |
| b) | LEI | 549300CFHFVIWB8M6T24 | |
| a) | Description of the financial instrument, type of instrument Identification code | Common Stock, par value $0.10 per share US91851C2017 | |
| b) | Nature of the transaction | Award of Restricted Shares | |
| c) | Price(s) and volume(s) | Volume: 23,173 Price: Nil | |
| d) | Aggregated information - Aggregated volume - Aggregated price | N/A | |
| e) | Date of the transaction | 4 June 2026 | |
| f) | Place of the transaction | Outside a trading venue | |
| 1. | Details of the Person discharging managerial responsibilities / person closely associated | ||
| a) | Name | Fabrice Nze-Bekale | |
| 2. | Reason for the notification | ||
| a) | Position / status | Director | |
| b) | Initial notification / amendment | Initial notification | |
| a) | Name | VAALCO Energy, Inc. | |
| b) | LEI | 549300CFHFVIWB8M6T24 | |
| a) | Description of the financial instrument, type of instrument Identification code | Common Stock, par value $0.10 per share US91851C2017 | |
| b) | Nature of the transaction | Award of Restricted Shares | |
| c) | Price(s) and volume(s) | Volume: 23,173 Price: Nil | |
| d) | Aggregated information - Aggregated volume - Aggregated price | N/A | |
| e) | Date of the transaction | 4 June 2026 | |
| f) | Place of the transaction | Outside a trading venue | |
| 1. | Details of the Person discharging managerial responsibilities / person closely associated | ||
| a) | Name | Catherine Stubbs | |
| 2. | Reason for the notification | ||
| a) | Position / status | Director | |
| b) | Initial notification / amendment | Initial notification | |
| a) | Name | VAALCO Energy, Inc. | |
| b) | LEI | 549300CFHFVIWB8M6T24 | |
| a) | Description of the financial instrument, type of instrument Identification code | Common Stock, par value $0.10 per share US91851C2017 | |
| b) | Nature of the transaction | Award of Restricted Shares | |
| c) | Price(s) and volume(s) | Volume: 23,173 Price: Nil | |
| d) | Aggregated information - Aggregated volume - Aggregated price | N/A | |
| e) | Date of the transaction | 4 June 2026 | |
| f) | Place of the transaction | Outside a trading venue | |
| 1. | Details of the Person discharging managerial responsibilities / person closely associated | ||
| a) | Name | George Maxwell | |
| 2. | Reason for the notification | ||
| a) | Position / status | Chief Executive Officer and Director | |
| b) | Initial notification / amendment | Initial notification | |
| a) | Name | VAALCO Energy, Inc. | |
| b) | LEI | 549300CFHFVIWB8M6T24 | |
| a) | Description of the financial instrument, type of instrument Identification code | Common Stock, par value $0.10 per share US91851C2017 | |
| b) | Nature of the transaction | Award of Performance Shares | |
| c) | Price(s) and volume(s) | Volume: 211,945 Price: Nil | |
| d) | Aggregated information - Aggregated volume - Aggregated price | N/A | |
| e) | Date of the transaction | 4 June 2026 | |
| f) | Place of the transaction | Outside a trading venue | |
| 1. | Details of the Person discharging managerial responsibilities / person closely associated | ||
| a) | Name | Thor Pruckl | |
| 2. | Reason for the notification | ||
| a) | Position / status | Chief Operating Officer | |
| b) | Initial notification / amendment | Initial notification | |
| a) | Name | VAALCO Energy, Inc. | |
| b) | LEI | 549300CFHFVIWB8M6T24 | |
| a) | Description of the financial instrument, type of instrument Identification code | Common Stock, par value $0.10 per share US91851C2017 | |
| b) | Nature of the transaction | Award of Performance Shares | |
| c) | Price(s) and volume(s) | Volume: 44,387 Price: Nil | |
| d) | Aggregated information - Aggregated volume - Aggregated price | N/A | |
| e) | Date of the transaction | 4 June 2026 | |
| f) | Place of the transaction | Outside a trading venue | |
| 1. | Details of the Person discharging managerial responsibilities / person closely associated | ||
| a) | Name | Ronald Bain | |
| 2. | Reason for the notification | ||
| a) | Position / status | Chief Financial Officer | |
| b) | Initial notification / amendment | Initial notification | |
| a) | Name | VAALCO Energy, Inc. | |
| b) | LEI | 549300CFHFVIWB8M6T24 | |
| a) | Description of the financial instrument, type of instrument Identification code | Common Stock, par value $0.10 per share US91851C2017 | |
| b) | Nature of the transaction | Award of Performance Shares | |
| c) | Price(s) and volume(s) | Volume: 101,500 Price: Nil | |
| d) | Aggregated information - Aggregated volume - Aggregated price | N/A | |
| e) | Date of the transaction | 4 June 2026 | |
| f) | Place of the transaction | Outside a trading venue | |
| 1. | Details of the Person discharging managerial responsibilities / person closely associated | ||
| a) | Name | Matthew Powers | |
| 2. | Reason for the notification | ||
| a) | Position / status | Executive Vice President and General Counsel | |
| b) | Initial notification / amendment | Initial notification | |
| a) | Name | VAALCO Energy, Inc. | |
| b) | LEI | 549300CFHFVIWB8M6T24 | |
| a) | Description of the financial instrument, type of instrument Identification code | Common Stock, par value $0.10 per share US91851C2017 | |
| b) | Nature of the transaction | Award of Performance Shares | |
| c) | Price(s) and volume(s) | Volume: 25,893 Price: Nil | |
| d) | Aggregated information - Aggregated volume - Aggregated price | N/A | |
| e) | Date of the transaction | 4 June 2026 | |
| f) | Place of the transaction | Outside a trading venue | |
| 1. | Details of the Person discharging managerial responsibilities / person closely associated | ||
| a) | Name | Casey Donohue | |
| 2. | Reason for the notification | ||
| a) | Position / status | Executive Vice President, Technical and Business Development | |
| b) | Initial notification / amendment | Initial notification | |
| a) | Name | VAALCO Energy, Inc. | |
| b) | LEI | 549300CFHFVIWB8M6T24 | |
| a) | Description of the financial instrument, type of instrument Identification code | Common Stock, par value $0.10 per share US91851C2017 | |
| b) | Nature of the transaction | Award of Performance Shares | |
| c) | Price(s) and volume(s) | Volume: 21,528 Price: Nil | |
| d) | Aggregated information - Aggregated volume - Aggregated price | N/A | |
| e) | Date of the transaction | 4 June 2026 | |
| f) | Place of the transaction | Outside a trading venue | |
| 1. | Details of the Person discharging managerial responsibilities / person closely associated | ||
| a) | Name | George Maxwell | |
| 2. | Reason for the notification | ||
| a) | Position / status | Chief Executive Officer and Director | |
| b) | Initial notification / amendment | Initial notification | |
| a) | Name | VAALCO Energy, Inc. | |
| b) | LEI | 549300CFHFVIWB8M6T24 | |
| a) | Description of the financial instrument, type of instrument Identification code | Common Stock, par value $0.10 per share US91851C2017 | |
| b) | Nature of the transaction | Forfeiture of Common Stock | |
| c) | Price(s) and volume(s) | Volume: 100,540 Price: US$5.29 | |
| d) | Aggregated information - Aggregated volume - Aggregated price | N/A | |
| e) | Date of the transaction | 5 June 2026 | |
| f) | Place of the transaction | Outside a trading venue | |
| 1. | Details of the Person discharging managerial responsibilities / person closely associated | ||
| a) | Name | Ronald Bain | |
| 2. | Reason for the notification | ||
| a) | Position / status | Chief Financial Officer | |
| b) | Initial notification / amendment | Initial notification | |
| a) | Name | VAALCO Energy, Inc. | |
| b) | LEI | 549300CFHFVIWB8M6T24 | |
| a) | Description of the financial instrument, type of instrument Identification code | Common Stock, par value $0.10 per share US91851C2017 | |
| b) | Nature of the transaction | Forfeiture of Common Stock | |
| c) | Price(s) and volume(s) | Volume: 37,335 Price: US$5.29 | |
| d) | Aggregated information - Aggregated volume - Aggregated price | N/A | |
| e) | Date of the transaction | 5 June 2026 | |
| f) | Place of the transaction | Outside a trading venue | |
| 1. | Details of the Person discharging managerial responsibilities / person closely associated | ||
| a) | Name | Thor Pruckl | |
| 2. | Reason for the notification | ||
| a) | Position / status | Chief Operating Officer | |
| b) | Initial notification / amendment | Initial notification | |
| a) | Name | VAALCO Energy, Inc. | |
| b) | LEI | 549300CFHFVIWB8M6T24 | |
| a) | Description of the financial instrument, type of instrument Identification code | Common Stock, par value $0.10 per share US91851C2017 | |
| b) | Nature of the transaction | Forfeiture of Common Stock | |
| c) | Price(s) and volume(s) | Volume: 24,168 Price: US$5.29 | |
| d) | Aggregated information - Aggregated volume - Aggregated price | N/A | |
| e) | Date of the transaction | 5 June 2026 | |
| f) | Place of the transaction | Outside a trading venue | |
| 1. | Details of the Person discharging managerial responsibilities / person closely associated | ||
| a) | Name | Matthew Powers | |
| 2. | Reason for the notification | ||
| a) | Position / status | Executive Vice President and General Counsel | |
| b) | Initial notification / amendment | Initial notification | |
| a) | Name | VAALCO Energy, Inc. | |
| b) | LEI | 549300CFHFVIWB8M6T24 | |
| a) | Description of the financial instrument, type of instrument Identification code | Common Stock, par value $0.10 per share US91851C2017 | |
| b) | Nature of the transaction | Forfeiture of Common Stock | |
| c) | Price(s) and volume(s) | Volume: 12,340 Price: US$5.29 | |
| d) | Aggregated information - Aggregated volume - Aggregated price | N/A | |
| e) | Date of the transaction | 5 June 2026 | |
| f) | Place of the transaction | Outside a trading venue | |
| 1. | Details of the Person discharging managerial responsibilities / person closely associated | ||
| a) | Name | Casey Donohue | |
| 2. | Reason for the notification | ||
| a) | Position / status | Executive Vice President, Technical and Business Development | |
| b) | Initial notification / amendment | Initial notification | |
| a) | Name | VAALCO Energy, Inc. | |
| b) | LEI | 549300CFHFVIWB8M6T24 | |
| a) | Description of the financial instrument, type of instrument Identification code | Common Stock, par value $0.10 per share US91851C2017 | |
| b) | Nature of the transaction | Forfeiture of Common Stock | |
| c) | Price(s) and volume(s) | Volume: 4,873 Price: US$5.29 | |
| d) | Aggregated information - Aggregated volume - Aggregated price | N/A | |
| e) | Date of the transaction | 5 June 2026 | |
| f) | Place of the transaction | Outside a trading venue | |
| 1. | Details of the Person discharging managerial responsibilities / person closely associated | ||
| a) | Name | Lynn Willis | |
| 2. | Reason for the notification | ||
| a) | Position / status | Chief Accounting Officer | |
| b) | Initial notification / amendment | Initial notification | |
| a) | Name | VAALCO Energy, Inc. | |
| b) | LEI | 549300CFHFVIWB8M6T24 | |
| a) | Description of the financial instrument, type of instrument Identification code | Common Stock, par value $0.10 per share US91851C2017 | |
| b) | Nature of the transaction | Forfeiture of Common Stock | |
| c) | Price(s) and volume(s) | Volume: 2,586 Price: US$5.29 | |
| d) | Aggregated information - Aggregated volume - Aggregated price | N/A | |
| e) | Date of the transaction | 5 June 2026 | |
| f) | Place of the transaction | Outside a trading venue | |
| 1. | Details of the Person discharging managerial responsibilities / person closely associated | ||
| a) | Name | George Maxwell | |
| 2. | Reason for the notification | ||
| a) | Position / status | Chief Executive Officer and Director | |
| b) | Initial notification / amendment | Initial notification | |
| a) | Name | VAALCO Energy, Inc. | |
| b) | LEI | 549300CFHFVIWB8M6T24 | |
| a) | Description of the financial instrument, type of instrument Identification code | Common Stock, par value $0.10 per share US91851C2017 | |
| b) | Nature of the transaction | Forfeiture of Common Stock | |
| c) | Price(s) and volume(s) | Volume: 39,934 Price: US$5.53 | |
| d) | Aggregated information - Aggregated volume - Aggregated price | N/A | |
| e) | Date of the transaction | 8 June 2026 | |
| f) | Place of the transaction | Outside a trading venue | |
| 1. | Details of the Person discharging managerial responsibilities / person closely associated | ||
| a) | Name | Thor Pruckl | |
| 2. | Reason for the notification | ||
| a) | Position / status | Chief Operating Officer | |
| b) | Initial notification / amendment | Initial notification | |
| a) | Name | VAALCO Energy, Inc. | |
| b) | LEI | 549300CFHFVIWB8M6T24 | |
| a) | Description of the financial instrument, type of instrument Identification code | Common Stock, par value $0.10 per share US91851C2017 | |
| b) | Nature of the transaction | Forfeiture of Common Stock | |
| c) | Price(s) and volume(s) | Volume: 8,481 Price: US$5.53 | |
| d) | Aggregated information - Aggregated volume - Aggregated price | N/A | |
| e) | Date of the transaction | 8 June 2026 | |
| f) | Place of the transaction | Outside a trading venue | |
| 1. | Details of the Person discharging managerial responsibilities / person closely associated | ||
| a) | Name | Ronald Bain | |
| 2. | Reason for the notification | ||
| a) | Position / status | Chief Financial Officer | |
| b) | Initial notification / amendment | Initial notification | |
| a) | Name | VAALCO Energy, Inc. | |
| b) | LEI | 549300CFHFVIWB8M6T24 | |
| a) | Description of the financial instrument, type of instrument Identification code | Common Stock, par value $0.10 per share US91851C2017 | |
| b) | Nature of the transaction | Forfeiture of Common Stock | |
| c) | Price(s) and volume(s) | Volume: 14,579 Price: US$5.53 | |
| d) | Aggregated information - Aggregated volume - Aggregated price | N/A | |
| e) | Date of the transaction | 8 June 2026 | |
| f) | Place of the transaction | Outside a trading venue | |
| 1. | Details of the Person discharging managerial responsibilities / person closely associated | ||
| a) | Name | Matthew Powers | |
| 2. | Reason for the notification | ||
| a) | Position / status | Executive Vice President and General Counsel | |
| b) | Initial notification / amendment | Initial notification | |
| a) | Name | VAALCO Energy, Inc. | |
| b) | LEI | 549300CFHFVIWB8M6T24 | |
| a) | Description of the financial instrument, type of instrument Identification code | Common Stock, par value $0.10 per share US91851C2017 | |
| b) | Nature of the transaction | Forfeiture of Common Stock | |
| c) | Price(s) and volume(s) | Volume: 4,542 Price: US$5.53 | |
| d) | Aggregated information - Aggregated volume - Aggregated price | N/A | |
| e) | Date of the transaction | 8 June 2026 | |
| f) | Place of the transaction | Outside a trading venue | |
| 1. | Details of the Person discharging managerial responsibilities / person closely associated | ||
| a) | Name | Lynn Willis | |
| 2. | Reason for the notification | ||
| a) | Position / status | Chief Accounting Officer | |
| b) | Initial notification / amendment | Initial notification | |
| a) | Name | VAALCO Energy, Inc. | |
| b) | LEI | 549300CFHFVIWB8M6T24 | |
| a) | Description of the financial instrument, type of instrument Identification code | Common Stock, par value $0.10 per share US91851C2017 | |
| b) | Nature of the transaction | Forfeiture of Common Stock | |
| c) | Price(s) and volume(s) | Volume: 1,356 Price: US$5.53 | |
| d) | Aggregated information - Aggregated volume - Aggregated price | N/A | |
| e) | Date of the transaction | 8 June 2026 | |
| f) | Place of the transaction | Outside a trading venue |
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