CALGARY, Alberta – Gran Tierra Energy Inc. (NYSE American: GTE)(TSX: GTE)(LSE: GTE) announced today the definitive voting results from its annual meeting of stockholders, held on May 8, 2026. The independent international energy company confirmed that shareholders overwhelmingly supported management’s proposals, electing all five director nominees, ratifying its independent registered public accounting firm, and providing advisory approval for named executive officer compensation.
Shareholder Mandate for Board of Directors
Stockholders elected all five individuals nominated by Gran Tierra to serve on its board. The detailed results for each director underscore a clear mandate from the shareholder base:
- Gary S. Guidry: Received 12,614,259 votes ‘For’, against 5,823,845 ‘Against’ votes and 61,635 ‘Abstain’ votes.
- Robert B. Hodgins: Garnered 12,644,729 votes ‘For’, with 5,805,015 ‘Against’ and 49,995 ‘Abstain’ votes.
- Alison Redford: Secured 12,559,307 votes ‘For’, compared to 5,852,219 ‘Against’ and 88,213 ‘Abstain’ votes.
- Ronald W. Royal: Was elected with 12,498,040 votes ‘For’, versus 5,932,519 ‘Against’ and 69,180 ‘Abstain’ votes.
- Brooke Wade: Received 12,558,581 votes ‘For’, against 5,857,907 ‘Against’ votes and 83,251 ‘Abstain’ votes.
The election of all five nominees signals shareholder confidence in the current leadership and strategic direction of Gran Tierra, which is actively engaged in oil and natural gas exploration and production across Canada, Colombia, and Ecuador.
Auditor Ratification and Executive Compensation Approval
Beyond board elections, stockholders also cast their votes on two other key proposals, both of which received strong support.
Independent Registered Public Accounting Firm
The appointment of KPMG LLP as Gran Tierra’s independent registered public accounting firm for the fiscal year ending December 31, 2026, was ratified with substantial approval. A total of 17,093,544 votes were cast ‘For’ the proposal, significantly outweighing the 5,687,961 ‘Against’ votes and 28,484 ‘Abstain’ votes. This decision ensures continuity and independent oversight of the company’s financial reporting for the upcoming fiscal year.
Named Executive Officer Compensation
On an advisory basis, stockholders approved the compensation of Gran Tierra’s named executive officers. The ‘For’ votes totaled 12,483,761, demonstrating shareholder endorsement of the company’s executive compensation framework. This advisory vote, while not binding, provides important feedback to the board regarding its compensation practices. The ‘Against’ votes amounted to 5,918,465, with 97,513 ‘Abstain’ votes.
Strategic Context and Sustainability Initiatives
Gran Tierra Energy Inc. is an independent international energy company with a primary focus on oil and natural gas exploration and production in Canada, Colombia, and Ecuador. The company is actively developing its existing asset portfolio in these regions and has recently expanded its operational scope by entering into an exploration, development, and production sharing agreement with the State Oil Company of the Azerbaijan Republic (“SOCAR”). This move indicates a strategic pursuit of new growth opportunities to strengthen its portfolio.
In parallel with the annual meeting results, Gran Tierra also announced the issuance of its “2025 Sustainability Report: A Track Record of Creating Long-Term Value, Operating Responsibly, and Being a Trusted Partner.” This report, available on the company’s website at www.grantierra.com/esg, highlights Gran Tierra’s commitment to environmental, social, and governance (ESG) principles, providing stakeholders with insights into its operational responsibility and value creation strategies.
The successful outcome of the annual meeting, coupled with the release of its sustainability report, positions Gran Tierra Energy to continue its operational and strategic objectives. The company’s common stock trades on the NYSE American, the Toronto Stock Exchange, and the London Stock Exchange under the ticker symbol GTE, reflecting its broad market presence and investor base. Gran Tierra’s commitment to transparent governance and sustainable practices remains central to its long-term value proposition for stockholders.
