Report on Payments to Governments
In brief · summary, not quotable
Gran Tierra Energy Inc. has released its report on payments to governments for the year 2025, detailing expenditures across Colombia, Ecuador, and Canada. The company made significant royalty payments, including $74,057,067 to the National Government of Colombia and $36,238,959 to the Central Bank of Ecuador. In Canada, royalty payments to the Government of Alberta totaled $8,674,552 for in-kind oil royalties. Total tax payments amounted to $2,138,719 to Colombia's Directorate of National Taxes and Customs and $1,089,281 in Canadian federal income tax instalments. Fees paid included $1,067,224 to the National Government of Colombia and $4,067,741 to the Government of Alberta for various energy and mineral-related charges.
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Introduction
Gran Tierra Energy Inc. ("Gran Tierra") has prepared the following report that sets out details of the payments made to governments for the year ended 31 December 2025 in accordance with the Reports on Payments to Governments Regulations 2014 (2014/3209) as amended by the Reports on Payments to Governments (Amendment) Regulations 2015 (2015/1928) and The Disclosure and Transparency Rule ("DTR 4.3A") issued by the Financial Conduct Authority.
This report is available for download from https://www.grantierra.com/sustainability/reporting/
Basis of preparation
The payments disclosed, which are on a cash basis in U.S Dollars, are based on where the obligation for the payment arose (i.e. at a project or corporate level). Where a payment or a series of related payments do not exceed £86,000, they are not required to be disclosed under the UK Regulations, however this has been disclosed in aggregate at a corporate level for clarity over obligations.
All of the payments disclosed in accordance with the Directive have been made to National Governments of Alberta, Colombia and Ecuador, either directly or through a Ministry or Department of the National Government and to Local Community Councils or municipalities in Canada, Colombia, Ecuador and the United States of America.
Taxes
This represents cash tax calculated on the basis of profits including income or capital gains. Income taxes are usually reflected in corporate income tax returns. The cash payment of income taxes occurs in the year in which the tax has arisen or up to one year later. Income taxes also include any cash tax rebates received from the Government or revenue authority during the year and excludes fines and penalties.
Royalties
This represents cash and in-kind royalties paid to Governments during the year for the extraction of oil or gas The terms of the royalties are described within Gran Tierra's 2025 Annual Report filed on form 10-K.
Fees
This represents supervision, licensing, permits, project assessment fees and other levies or consideration related to Gran Tierra's exploration and production contracts or to the overall management of our business.
Bonuses
This represents social investment program payments to the local communities or municipalities in Colombia.
Disclosure by Payee
| Country | Payee Name | Departments, Agency, etc… within Payee that Received Payments | Taxes | Royalties | Fees | Production Entitlements | Bonuses | Dividends | Infrastructure Improvement Payments | Total Amount paid to Payee | Notes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Colombia | NATIONAL GOVERNMENT OF COLOMBIA | NATIONAL HYDROCARBON AGENCY OF COLOMBIA | - | 74,057,067 | - | - | - | - | - | 74,057,067 | Paid in Colombian Pesos. Translated at the 2025 average foreign exchange rate of 4,053 |
| Colombia | NATIONAL GOVERNMENT OF COLOMBIA | DIRECTORATE OF NATIONAL TAXES AND CUSTOMS OF COLOMBIA | 2,138,719 | - | - | - | - | - | - | 2,138,719 | Paid in Colombian Pesos. Translated at the 2025 average foreign exchange rate of 4,053 |
| Colombia | NATIONAL GOVERNMENT OF COLOMBIA | - | - | 1,067,224 | - | - | - | - | 1,067,224 | Paid in Colombian Pesos. Translated at the 2025 average foreign exchange rate of 4,053 | |
| Colombia | MUNICIPALITY OF PUERTO ASIS | 574,234 | - | - | - | 127,569 | - | - | 701,803 | Paid in Colombian Pesos. Translated at the 2025 average foreign exchange rate of 4,053 | |
| Colombia | MUNICIPALITY OF SAN MARTIN | 439,523 | - | - | - | 192,525 | - | - | 632,048 | Paid in Colombian Pesos. Translated at the 2025 average foreign exchange rate of 4,053 | |
| Colombia | MUNICIPALITY OF VILLAGARZON | 375,072 | - | - | - | 3,278 | - | - | 378,350 | Paid in Colombian Pesos. Translated at the 2025 average foreign exchange rate of 4,053 | |
| Colombia | DISTRICT OF BOGOTA | 349,745 | - | - | - | - | - | - | 349,745 | Paid in Colombian Pesos. Translated at the 2025 average foreign exchange rate of 4,053. | |
| Colombia | MUNICIPALITY OF MOCOA | 227,657 | - | - | - | 96,622 | - | - | 324,279 | Paid in Colombian Pesos. Translated at the 2025 average foreign exchange rate of 4,053 | |
| Colombia | MUNICIPALITY OF RIO DE ORO | 147,523 | - | - | - | 59,573 | - | - | 207,096 | Paid in Colombian Pesos. Translated at the 2025 average foreign exchange rate of 4,053 | |
| Colombia | MUNICIPALITY OF PIAMONTE | 147,454 | - | - | - | 52,292 | - | - | 199,746 | Paid in Colombian Pesos. Translated at the 2025 average foreign exchange rate of 4,053 | |
| Colombia | MUNICIPALITY OF PUERTO GUZMAN | 147,454 | - | - | - | - | - | - | 147,454 | Paid in Colombian Pesos. Translated at the 2025 average foreign exchange rate of 4,053 | |
| Colombia | GOVERNMENT OF PUTUMAYO | - | - | - | - | 95,785 | - | - | 95,785 | Paid in Colombian Pesos. Translated at the 2025 average foreign exchange rate of 4,053 | |
| Colombia | MUNICIPALITY OF ORITO | 63,226 | - | - | - | 14,523 | - | - | 77,749 | Paid in Colombian Pesos. Translated at the 2025 average foreign exchange rate of 4,053 | |
| Colombia | INDIGENOUS COMMUNITY OF CABILDO AWA | - | - | 77,050 | - | - | - | - | 77,050 | Paid in Colombian Pesos. Translated at the 2025 average foreign exchange rate of 4,053 | |
| Ecuador | GOVERNMENT OF ECUADOR | SECRETARIAT OF HIGHER EDUCATION, SCIENCE, TECHNOLOGY AND INNOVATION | - | - | 191,233 | - | - | - | - | 191,233 | Paid in USD |
| Ecuador | GOVERNMENT OF ECUADOR | MINISTRY OF ENERGY AND NON-RENEWABLE NATURAL RESOURCES OF ECUADOR | - | - | 457,000 | - | - | - | - | 457,000 | Paid in USD |
| Ecuador | GOVERNMENT OF ECUADOR | CENTRAL BANK OF ECUADOR | - | 36,238,959 | - | - | - | - | - | 36,238,959 | Paid in USD |
| Ecuador | GOVERNMENT OF ECUADOR | INTERNAL REVENUE SERVICE | 1,998,128 | - | - | - | - | - | - | 1,998,128 | Paid in USD |
| Ecuador | DECENTRALIZED AUTONOMOUS MUNICIPAL GOVERNMENT OF QUITO | FINANCIAL MANAGEMENT | 200,398 | - | - | - | - | - | - | 200,398 | Paid in USD |
| Ecuador | SUPERINTENDENCY OF COMPANIES, SECURITIES, AND INSURANCE | FINANCIAL MANAGEMENT | 188,159 | - | - | - | - | - | - | 188,159 | Paid in USD. |
| Canada | GOVERNMENT OF ALBERTA | ALBERTA ENERGY AND MINERALS | - | 3,459,968 | 607,773 | - | - | - | - | 4,067,741 | Amounts paid in Canadian Dollars translated at the 2025 average foreign exchange rate of 1.3978. Paid $3,441,274 AB Crown Royalty Gas & Liquids Net of GCA - G94167206 A8HW and $18,694 Compensatory Royalty. $607,773 fees include Surface & Mineral Lease Rentals |
| Canada | GOVERNMENT OF ALBERTA | FORESTRY AND PARKS | - | - | 1,533 | - | - | - | - | 1,533 | Amounts paid in Canadian Dollars translated at the 2025 average foreign exchange rate of 1.3978. |
| Canada | GOVERNMENT OF ALBERTA | SERVICE ALBERTA LAND TITLES | - | - | 12,261 | - | - | - | - | 12,261 | Amounts paid in Canadian Dollars translated at the 2025 average foreign exchange rate of 1.3978. |
| Canada | ALBERTA BOILERS SAFETY ASSOCIATION | - | - | 60,660 | - | - | - | - | 60,660 | Amounts paid in Canadian Dollars translated at the 2025 average foreign exchange rate of 1.3978. Facility Licence Fee | |
| Canada | GOVERNMENT OF ALBERTA | WESTERN CANADA SPILL SERVICE | - | - | 8,581 | - | - | - | - | 8,581 | Amounts paid in Canadian Dollars translated at the 2025 average foreign exchange rate of 1.3978. Well and Facility Fee |
| Canada | GOVERNMENT OF CANADA | INNOVATION, SCIENCE AND ECONOMIC DEVELOPMENT, CANADA | - | - | 11,875 | - | - | - | - | 11,875 | Amounts paid in Canadian Dollars translated at the 2025 average foreign exchange rate of 1.3978. Radio Licence Fee |
| Canada | GOVERNMENT OF CANADA | 1,089,281 | - | - | - | - | - | - | 1,089,281 | Amounts paid in Canadian Dollars translated at the 2025 average foreign exchange rate of 1.3978. Corporate Federal Income Tax instalments and Part XIII Non-Resident Tax. | |
| Canada | GOVERNMENT OF ALBERTA | ALBERTA PETROLEUM MARKETING COMMISSION | - | 8,674,552 | - | - | - | - | - | 8,674,552 | Amounts paid in Canadian Dollars translated at the 2025 average foreign exchange rate of 1.3978. Oil paid in-kind royalties, carried by GTE. The value of in-kind payments was determined using the prevailing commodity prices at the time of transfer. |
| Canada | GOVERNMENT OF ALBERTA | OIL SANDS ADMINISTRATION AND STRATEGIC INFORMATION SYSTEM | - | 132,026 | - | - | - | - | - | 132,026 | Amounts paid in Canadian Dollars translated at the 2025 average foreign exchange rate of 1.3978. |
| Canada | GOVERNMENT OF ALBERTA | ALBERTA ENERGY FREEHOLD MINERAL TAX SECTION | 233,592 | - | - | - | - | - | - | 233,592 | Amounts paid in Canadian Dollars translated at the 2025 average foreign exchange rate of 1.3978. Freehold Mineral Tax. |
| Canada | GOVERNMENT OF ALBERTA | ALBERTA DEPARTMENT OF ENERGY | - | - | 2,792,676 | - | - | - | - | 2,792,676 | Amounts paid in Canadian Dollars translated at the 2025 average foreign exchange rate of 1.3978. Alberta Crown Land Sale. |
| Canada | GOVERNMENT OF ALBERTA | ALBERTA ENERGY REGULATOR | - | - | 1,629,270 | - | - | - | - | 1,629,270 | Amounts paid in Canadian Dollars translated at the 2025 average foreign exchange rate of 1.3978. Fees include Orphan Levy $831,812.20 & Provincial Admin $789,659.81 & Core Analysis $7,798 |
| Canada | GOVERNMENT OF ALBERTA | ALBERTA FINANCE CORPORATE INCOME TAX SECTION | 904,662 | - | - | - | - | - | - | 904,662 | Amounts paid in Canadian Dollars translated at the 2025 average foreign exchange rate of 1.3978. Alberta Income Tax instalments. |
| Canada | GOVERNMENT OF ALBERTA | ALBERTA ENVIRONMENT AND PROTECTED AREAS | 18,511 | - | - | - | - | - | - | 18,511 | Amounts paid in Canadian Dollars translated at the 2025 average foreign exchange rate of 1.3978. Carbon Credit Purchases |
| Canada | MUNICIPAL DISTRICT OF GREENVIEW No 16 | 637,931 | - | - | - | - | - | - | 637,931 | Amounts paid in Canadian Dollars translated at the 2025 average foreign exchange rate of 1.3978. Property Taxes. | |
| Canada | CLEARWATER COUNTY | 548,223 | - | - | - | - | - | - | 548,223 | Amounts paid in Canadian Dollars translated at the 2025 average foreign exchange rate of 1.3978. Property Taxes. | |
| Canada | CLEAR HILLS COUNTY | 177 | - | - | - | - | - | - | 177 | Amounts paid in Canadian Dollars translated at the 2025 average foreign exchange rate of 1.3978. Property Taxes. | |
| Canada | TOWN OF SEXSMITH | 37,872 | - | - | - | - | - | - | 37,872 | Amounts paid in Canadian Dollars translated at the 2025 average foreign exchange rate of 1.3978. Property Taxes. | |
| Canada | MUNICIPAL DISTRICT OF LESSER SLAVE RIVER | 12,463 | - | - | - | - | - | - | 12,463 | Amounts paid in Canadian Dollars translated at the 2025 average foreign exchange rate of 1.3978. Property Taxes. | |
| Canada | COUNTY OF WETASKIWIN No. 10 | 476,285 | - | - | - | - | - | - | 476,285 | Amounts paid in Canadian Dollars translated at the 2025 average foreign exchange rate of 1.3978. Property Taxes. | |
| Canada | YELLOWHEAD COUNTY | 52,023 | - | - | - | - | - | - | 52,023 | Amounts paid in Canadian Dollars translated at the 2025 average foreign exchange rate of 1.3978. Property Taxes. | |
| Canada | PONOKA COUNTY | 1,778,650 | - | - | - | - | - | - | 1,778,650 | Amounts paid in Canadian Dollars translated at the 2025 average foreign exchange rate of 1.3978. Property Taxes. | |
| Canada | LETHBRIDGE COUNTY | 121,142 | - | - | - | - | - | - | 121,142 | Amounts paid in Canadian Dollars translated at the 2025 average foreign exchange rate of 1.3978. Property Taxes. | |
| Canada | RED DEER COUNTY | 14,505 | - | - | - | - | - | - | 14,505 | Amounts paid in Canadian Dollars translated at the 2025 average foreign exchange rate of 1.3978. Property Taxes. | |
| Canada | COUNTY OF GRANDE PRAIRIE No. 1 | 42,497 | - | - | - | - | - | - | 42,497 | Amounts paid in Canadian Dollars translated at the 2025 average foreign exchange rate of 1.3978. Property Taxes. | |
| Canada | TOWN OF SYLVAN LAKE | 5,557 | - | - | - | - | - | - | 5,557 | Amounts paid in Canadian Dollars translated at the 2025 average foreign exchange rate of 1.3978. Property Taxes. | |
| Canada | BRAZEAU COUNTY | 362,268 | - | - | - | - | - | - | 362,268 | Amounts paid in Canadian Dollars translated at the 2025 average foreign exchange rate of 1.3978. Property Taxes. | |
| Canada | VULCAN COUNTY | 52,010 | - | - | - | - | - | - | 52,010 | Amounts paid in Canadian Dollars translated at the 2025 average foreign exchange rate of 1.3978. Property Taxes. | |
| Canada | LACOMBE COUNTY | 384,574 | - | - | - | - | - | - | 384,574 | Amounts paid in Canadian Dollars translated at the 2025 average foreign exchange rate of 1.3978. Property Taxes. | |
| Canada | COUNTY OF STETTLER No. 6 | 31,141 | - | - | - | - | - | - | 31,141 | Amounts paid in Canadian Dollars translated at the 2025 average foreign exchange rate of 1.3978. Property Taxes. | |
| Canada | MUNICIPAL DISTRICT OF OPPORTUNITY No. 17 | 1,683 | - | - | - | - | - | - | 1,683 | Amounts paid in Canadian Dollars translated at the 2025 average foreign exchange rate of 1.3978. Property Taxes. | |
| Canada | NORTHERN SUNRISE COUNTY | 296 | - | - | - | - | - | - | 296 | Amounts paid in Canadian Dollars translated at the 2025 average foreign exchange rate of 1.3978. Property Taxes. | |
| Canada | PROVINCE OF BRITISH COLUMBIA | - | 68,957 | 12,233 | - | - | - | - | 81,190 | Amounts paid in Canadian Dollars translated at the 2025 average foreign exchange rate of 1.3978. BCOG Levy + Lease Rentals + Property Tax = $12,233. BC Crown Royalty $68,957 | |
| Canada | INDIAN OIL AND GAS CANADA | - | 53,978 | 1,747 | - | - | - | - | 55,725 | Amounts paid in Canadian Dollars translated at the 2025 average foreign exchange rate of 1.3978. $53,978 IOGC - Royalty and $1.747 Lease Rentals | |
| Canada | WOODLAND CREE FIRST NATION | - | - | 6,081 | - | - | - | - | 6,081 | Amounts paid in Canadian Dollars translated at the 2025 average foreign exchange rate of 1.3978. Surface lease Costs | |
| Canada | GOVERNMENT OF CANADA | CANADA REVENUE AGENCY | 766,919 | - | - | - | - | - | - | 766,919 | Amounts paid in Canadian Dollars translated at the 2025 average foreign exchange rate of 1.3978. Income tax |
| United States of America | STATE OF DELAWARE | 250,970 | - | - | - | - | - | - | 250,970 | Paid in USD | |
| Disclosure by Project | |||||||||||
| Country | Project Name | Taxes | Royalties | Fees | Production Entitlements | Bonuses | Dividends | Infrastructure Improvement Payments | Total Amount paid by Project | Notes | |
| Colombia | MIDDLE MAGDALENA BASIN | 587,047 | 44,344,678 | 435,591 | - | 252,097 | - | - | 45,619,4137 | Paid in Colombian Pesos. Translated at the 2025 average foreign exchange rate of 4,053 | |
| Colombia | PUTUMAYO BASIN | 1,535,096 | 29,105,060 | 483,618 | - | 390,070 | - | - | 31,513,844 | Paid in Colombian Pesos. Translated at the 2025 average foreign exchange rate of 4,053 | |
| Colombia | ENTITY WIDE | 2,488,464 | - | 111,204 | - | - | - | - | 2,599,668 | Paid in Colombian Pesos. Translated at the 2025 average foreign exchange rate of 4,053 | |
| Colombia | LLANOS BASIN | - | 607,329 | 86,373 | - | - | - | - | 693,702 | Paid in Colombian Pesos. Translated at the 2025 average foreign exchange rate of 4,053 | |
| Colombia | SINU BASIN | - | - | 10,348 | - | - | - | - | 10,348 | Paid in Colombian Pesos. Translated at the 2025 average foreign exchange rate of 4,053 | |
| Colombia | CATATUMBO BASIN | - | - | 8,744 | - | - | - | - | 8,744 | Paid in Colombian Pesos. Translated at the 2025 average foreign exchange rate of 4,053 | |
| Colombia | LOWER MAGDALENA BASIN | - | - | 8,396 | - | - | - | - | 8,396 | Paid in Colombian Pesos. Translated at the 2025 average foreign exchange rate of 4,053 | |
| Ecuador | CHANANGUE BLOCK | - | 10,412,472 | 312,205 | - | - | - | - | 10,724,677 | Paid in USD | |
| Ecuador | CHARAPA BLOCK | - | 18,358,758 | 195,000 | - | - | - | - | 18,553,758 | Paid in USD | |
| Ecuador | ENTITY WIDE (GRAN TIERRA ENERGY COLOMBIA GMBH) | 2,386,685 | - | - | - | - | - | - | 2,386,685 | Paid in USD | |
| Ecuador | IGUANA BLOCK | - | 6,964,800 | 141,028 | - | - | - | - | 7,105,828 | Paid in USD | |
| Ecuador | PERICO BLOCK | - | 502,929 | - | - | - | - | - | 502,929 | Paid in USD | |
| Canada | CENTRAL AREA | 3,843,939 | 9,939,085 | 4,419,617 | - | - | - | - | 18,202,641 | Amounts paid in Canadian Dollars translated at the 2025 average foreign exchange rate of 1.3978. Property taxes, royalties, land fees, IOGC, freehold mineral taxes and Crown land sale. | |
| Canada | OTHER | 325,747 | 146,540 | 184,465 | - | - | - | - | 656,752 | Amounts paid in Canadian Dollars translated at the 2025 average foreign exchange rate of 1.3978. Property taxes, royalties and land fees and Minister of Finance BC. | |
| Canada | SIMONETTE AREA | 279,825 | 570,619 | 166,131 | - | - | - | - | 1,016,575 | Amounts paid in Canadian Dollars translated at the 2025 average foreign exchange rate of 1.3978. Property taxes, royalties and land fees. | |
| Canada | WAPITI AREA | 328,976 | 1,601,211 | 213,286 | - | - | - | - | 2,143,473 | Amounts paid in Canadian Dollars translated at the 2025 average foreign exchange rate of 1.3978. Property taxes, royalties and land fees. | |
| Canada | CLEARWATER AREA | 14,442 | 132,026 | 149,316 | - | - | - | - | 295,784 | Amounts paid in Canadian Dollars translated at the 2025 average foreign exchange rate of 1.3978. Property taxes, oil sands royalties and land fees. | |
| Canada | ENTITY WIDE (GRAN TIERRA CANADA LTD.) | 2,012,414 | - | 11,875 | - | - | - | - | 2,024,289 | Amounts paid in Canadian Dollars translated at the 2025 average foreign exchange rate of 1.3978. CRA tax instalments, Alberta tax instalments & Radio Licence Fee | |
| Canada | ENTITY WIDE (GTE ALBERTA INC.) | 766,919 | - | - | - | - | - | - | 766,919 | Amounts paid in Canadian Dollars translated at the 2025 average foreign exchange rate of 1.3978. Income tax | |
| United States of America | ENTITY WIDE (GRAN TIERRA ENERGY INC.) | 250,970 | - | - | - | - | - | - | 250,970 | Paid in USD | |
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