GRAN TIERRA ENERGY INC.

Net Asset Value • Jun 4, 2020

National Storage Mechanism | Additional information

RNS Number : 0144P

Gran Tierra Energy Inc.

04 June 2020

June 4, 2020

Gran Tierra Energy Inc.

(the "Company")

Notification of Transactions in the Company's Shares by Director and Persons Discharging Managerial Responsibility

The Company announces the following transactions in the Company's common shares undertaken by directors / persons discharging managerial responsibility ("PDMRs").

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

Rodger Trimble

Vice President, Investor Relations

(403) 265-3221

[email protected]

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Gary Guidry, President and Chief Executive Officer

Remi Anthony Berthelet, Chief Operating Officer

Ryan Ellson, Executive Vice President and Chief Financial Officer

Jim Evans, Vice President, Corporate Services

Rodger Trimble, Vice President, Investor Relations

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

Common Shares

Identification code

ISIN:  US38500T1016

b)

Nature of the transaction

Acquisition of Common Shares through Employee Share Savings Plan

c)

Price(s) and volume(s)

PDMR	Price(s)	Volume (s)
Gary Guidry                 Remi Anthony Berthelet Ryan Ellson Jim Evans Rodger Trimble	USD 0.24 USD 0.24 USD 0.24 USD 0.24 USD 0.24	12,121 4,040 8,586 3,788 6,061

d)

Aggregated information

- Aggregated volume

- Price

Price(s)	Volume (s)
USD 0.24	34,596

e)

Date of the transaction

03 June 2020

f)

Place of the transaction

Toronto Stock Exchange (TSX)

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