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11 Mar 2026 07:00
March 10, 2026
Gran Tierra Energy Inc.
(the "Company")
Notification of Transactions in the Company's Shares by Directors and Persons Discharging Managerial Responsibility
The Company announces the following transactions in Performance Stock Units and Restricted Stock Units undertaken by directors / persons discharging managerial responsibility ("PDMRs").
Performance Stock Units ("PSUs") and Restricted Stock Units ("RSUs") have been granted to certain PDMRs effective March 6, 2026. The PSUs entitle the holder to receive, at the option of the Company, either the underlying number of shares of the Company's common stock upon vesting of such units or a cash payment equal to the value of the underlying shares. The PSUs granted on March 6, 2026 vest after three years, subject to the continued employment of the grantee. 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.
The notification set out below is provided in accordance with the requirement of Article 19 of the EU Market Abuse Regulation.
1 | Details of the person discharging managerial responsibilities / person closely associated | ||||||||
a) | Name | Gary Guidry, President and Chief Executive Officer Ryan Ellson, Executive Vice President and Chief Financial OfficerSebastien Morin, Chief Operating OfficerJim Evans, Executive Vice President, Corporate ServicesPhillip Abraham, Executive Vice President, Legal and Land | |||||||
2 | Reason for the notification | ||||||||
a) | Position/status | See 1 a) above | |||||||
b) | Initial notification /Amendment | Initial notification | |||||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||||||||
a) | Name | Gran Tierra Energy Inc. | |||||||
b) | LEI | 549300IH2S17MAIUCM32 | |||||||
4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | ||||||||
a) | Description of the financial instrument, type of instrument | Performance Stock Units
Each Performance Stock Unit represents a contingent right to receive one share of Gran Tierra Energy Inc. common stock.
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Identification code | n/a | ||||||||
b) | Nature of the transaction | Grant of Performance Stock Units | |||||||
c) | Price(s) and volume(s) |
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d) | Aggregated information - Aggregated volume - Price |
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e) | Date of the transaction | 6 March 2026 | |||||||
f) | Place of the transaction | Outside a trading venue | |||||||
4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | |||||||
a) | Description of the financial instrument, type of instrument | Restricted Stock Units
Each restricted stock unit represents a contingent right to receive one share of Gran Tierra Energy Inc. common stock upon vesting. The restricted stock units vest in three equal annual installments beginning on March 06, 2027.
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Identification code | n/a | |||||||
b) | Nature of the transaction | Grant of Restricted Stock Units | ||||||
c) | Price(s) and volume(s) |
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d) | Aggregated information - Aggregated volume - Price |
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e) | Date of the transaction | 6 March 2026 | ||||||
f) | Place of the transaction | Outside a trading venue | ||||||
Contact Information:
Gary GuidryPresident and Chief Executive Officer
Ryan EllsonExecutive Vice President and Chief Financial Officer
Phillip AbrahamExecutive Vice President, Legal and Land
(403) 265-3221
info@grantierra.com
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