Director/PDMR Shareholding
Gran Tierra Energy Inc. announced that on January 1, 2026, directors and persons discharging managerial responsibilities (PDMRs) were granted Restricted Stock Units (RSUs) and Deferred Stock Units (DSUs). Alison Redford received 18,381 RSUs, while Evan Hazell, Robert Hodgins, Alison Redford, Sondra Scott, Ron Royal, Brad Virbitski, and Brooke Wade were granted an aggregate of 229,396 DSUs, with individual grants ranging from 9,856 to 49,284 units. These grants are part of the payment of directors' fees for 2026, with DSUs vesting upon cessation of board membership and RSUs vesting annually over three years.
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The Company announces the following transactions in the Company's common shares, Deferred Stock Units and Stock Options undertaken by directors / persons discharging managerial responsibility ("PDMRs").
Deferred Stock Units ("DSUs") and Restricted Stock Units ("RSUs") have been granted to certain PDMRs effective January 1, 2026 in accordance with the payment of directors' fees for 2026. Each DSU represents a contingent right to receive one share of the Company's common stock. The DSUs vest in full on award and are paid out at such time as the director ceases to be a member of the Board of Directors of the Company.
Each RSU represents a contingent right to receive one share of Gran Tierra Energy Inc. common stock. RSUs will vest annually in equal increments over a three-year period. Vested shares will be delivered to the reporting person upon vesting.
| 1 | Details of the person discharging managerial responsibilities / person closely associated | |
| a) | Name | Evan Hazell, Director Robert Hodgins, Chairman and Director Alison Redford, Director Ron Royal, Director Sondra Scott, Director Brad Virbitski, Director Brooke Wade, Director |
| 2 | Reason for the notification | |
| a) | Position/status | See 1 a) above |
| b) | Initial notification /Amendment | Initial notification |
| a) | Name | Gran Tierra Energy Inc. |
| b) | LEI | 549300IH2S17MAIUCM32 |
| Identification code | n/a | |
| b) | Nature of the transaction | Grant of Restricted Stock Units |
| c) | Price(s) and volume(s) | PDMR Price(s) Volume (s) Alison Redford n/a 18,381 |
| d) | Aggregated information - Aggregated volume - Price | Price(s) Volume (s) n/a 18,381 |
| e) | Date of the transaction | 1 January 2026 |
| f) | Place of the transaction | Outside a trading venue |
| a) | Description of the financial instrument, type of instrument | Deferred Stock Units Each Deferred Stock Unit represents a contingent right to receive one share of Gran Tierra Energy Inc. common stock. |
| Identification code | n/a | |
| b) | Nature of the transaction | Grant of Deferred Stock Units |
| c) | Price(s) and volume(s) | PDMR Price(s) Volume (s) Evan Hazell Robert Hodgins Alison Redford Sondra Scott Ron Royal Brad Virbitsky Brooke Wade n/a n/a n/a n/a n/a n/a n/a 39,445 33,989 14,355 9,856 38,550 43,917 49,284 |
| d) | Aggregated information - Aggregated volume - Price | Price(s) Volume (s) n/a 229,396 |
| e) | Date of the transaction | 1 January 2026 |
| f) | Place of the transaction | Outside a trading venue |
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