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Gran Tierra Energy Announces Final Voting Results of its Annual Meeting of Stockholders

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Gran Tierra Energy (NYSE American: GTE) announced final results of its May 8, 2026 annual meeting. Stockholders elected all five director nominees and ratified KPMG LLP as the independent registered public accounting firm for fiscal 2026. Stockholders also approved, on an advisory basis, named executive officer compensation. The company issued its 2025 Sustainability Report, available at the company website.

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Positive

  • All five director nominees elected on May 8, 2026
  • KPMG ratified as independent registered public accounting firm for 2026
  • Advisory approval of named executive officer compensation
  • 2025 Sustainability Report published and posted online

Negative

  • ~31% of votes were cast against individual director nominees
  • ~25% of votes opposed ratification of KPMG (5,687,961 of 17,093,544 for)
  • Substantial dissent on executive compensation with 5,918,465 votes against

News Market Reaction – GTE

-2.95%
2 alerts
-2.95% Session close to close
$309.22M Market Cap
0.0x Rel. Volume

In the May 11 session, GTE declined 2.95%, reflecting a moderate negative market reaction. Our momentum scanner triggered 2 alerts that day, indicating moderate trading interest and price volatility.

Data tracked by StockTitan Argus on the day of publication.

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CALGARY, Alberta, May 08, 2026 (GLOBE NEWSWIRE) -- Gran Tierra Energy Inc. (“Gran Tierra” or the “Company”) (NYSE American:GTE)(TSX:GTE)(LSE:GTE) today announced the voting results from the Company’s annual meeting of stockholders held on May 8, 2026.

Final Voting Results of Gran Tierra’s Annual Meeting of Stockholders: Stockholders elected all five individuals nominated by Gran Tierra. In addition, stockholders voted “FOR” the ratification of the appointment of KPMG LLP as Gran Tierra’s independent registered public accounting firm for the fiscal year ending December 31, 2026, and “FOR” the approval, on an advisory basis, of the compensation of Gran Tierra’s named executive officers. The detailed results of the vote are as follows:

Proposal 1   
Election of DirectorsForAgainstAbstain
    
Gary S. Guidry12,614,2595,823,84561,635
Robert B. Hodgins12,644,7295,805,01549,995
Alison Redford12,559,3075,852,21988,213
Ronald W. Royal12,498,0405,932,51969,180
Brooke Wade12,558,5815,857,90783,251
    
Proposal 2ForAgainstAbstain
Ratification of Appointment of the Independent Registered Public Accounting Firm for 202617,093,5445,687,96128,484
    
Proposal 3ForAgainstAbstain
Approval of Named Executive
Officer Compensation
12,483,7615,918,46597,513
    

2025 Sustainability Report: Gran Tierra is also pleased to announce today that it issued the Company’s “2025 Sustainability Report: A Track Record of Creating Long-Term Value, Operating Responsibly, and Being a Trusted Partner”. The report can be found on the Company’s website at www.grantierra.com/esg.

About Gran Tierra Energy Inc.

Gran Tierra Energy Inc., together with its subsidiaries, is an independent international energy company currently focused on oil and natural gas exploration and production in Canada, Colombia, Ecuador. The Company is currently developing its existing portfolio of assets in Canada, Colombia and Ecuador; however, we have recently entered into an exploration, development and production sharing agreement with the State Oil Company of the Azerbaijan Republic (“SOCAR”) and may eventually expand our operations into Azerbaijan and will continue to pursue additional new growth opportunities that would further strengthen the Company’s portfolio. The Company’s common stock trades on the NYSE American, the Toronto Stock Exchange and the London Stock Exchange under the ticker symbol GTE. Additional information concerning Gran Tierra is available at www.grantierra.com. Except to the extent expressly stated otherwise, information on the Company’s website or accessible from our website or any other website is not incorporated by reference into and should not be considered part of this press release. Investor inquiries may be directed to info@grantierra.com or (403) 265-3221.

Gran Tierra’s filings with the U.S. Securities and Exchange Commission (the “SEC”) are available on the SEC website at http://www.sec.gov. The Company’s Canadian securities regulatory filings are available on SEDAR+ at http://www.sedarplus.ca and UK regulatory filings are available on the National Storage Mechanism website at https://data.fca.org.uk/#/nsm/nationalstoragemechanism.

Contact Information
For investor and media inquiries please contact:
Gary Guidry
President & Chief Executive Officer
Ryan Ellson
Executive Vice President & Chief Financial Officer
+1 (403) 265-3221
info@grantierra.com


FAQ

Who was elected to Gran Tierra Energy's board at the May 8, 2026 annual meeting (GTE)?

All five nominated directors — Gary S. Guidry, Robert B. Hodgins, Alison Redford, Ronald W. Royal, and Brooke Wade — were elected. According to the company, each nominee received a majority of votes cast at the May 8, 2026 meeting.

Did Gran Tierra Energy (GTE) ratify its auditor at the May 8, 2026 meeting?

Yes. Stockholders voted to ratify KPMG LLP as the independent registered public accounting firm for 2026. According to the company, the ratification vote recorded 17,093,544 votes in favor and 5,687,961 against.

What were the vote results on Gran Tierra Energy's (GTE) executive compensation proposal?

The advisory compensation proposal was approved by shareholders on an advisory basis. According to the company, vote totals were 12,483,761 for, 5,918,465 against, and 97,513 abstentions on May 8, 2026.

Where can investors find Gran Tierra Energy's 2025 Sustainability Report (GTE)?

The 2025 Sustainability Report is posted on the company's website at www.grantierra.com/esg. According to the company, the report is titled '2025 Sustainability Report: A Track Record of Creating Long-Term Value, Operating Responsibly, and Being a Trusted Partner.'

How much shareholder opposition did Gran Tierra Energy (GTE) see for director elections?

Director elections showed meaningful opposition, with roughly 30–32% voting against nominees. According to the company vote tallies, each director received about 12.5–12.6 million votes for and about 5.8–5.9 million votes against.