Energy SpA

Director's Dealing • Jan 6, 2025

National Storage Mechanism | Additional information

RNS Number : 2948S

Gran Tierra Energy Inc.

06 January 2025

January 6, 2025

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 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, 2025 in accordance with the payment of directors' fees for 2025. 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. 

The notification set out below is provided in accordance with the requirement of Article 19 of the EU Market Abuse Regulation.

Contact Information:

Gary Guidry

President and Chief Executive Officer

Ryan Ellson

Executive Vice President and Chief Financial Officer

Phillip Abraham

Vice President, Legal and Business Development

(403) 265-3221

info@grantierra.com

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Peter Dey, Director

Evan Hazell, Director

Robert Hodgins, Chairman and Director

Alison Redford, Director

Ron Royal, Director

Brooke Wade, Director

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

Restricted Stock Units

Each Restricted 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 Restricted Stock Units

c)

Price(s) and volume(s)

PDMR	Price(s)	Volume (s)
Peter Dey	n/a	26,690

d)

Aggregated information

- Aggregated volume

- Price

Price(s)	Volume (s)
n/a	26,690

e)

Date of the transaction

1 January 2025

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

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 Ron Royal Brooke Wade	n/a n/a n/a n/a n/a	19,518 19,467 19,544 22,079 28,227

d)

Aggregated information

- Aggregated volume

- Price

Price(s)	Volume (s)
n/a	108,835

e)

Date of the transaction

1 January 2025

f)

Place of the transaction

Outside a trading venue

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