GRAN TIERRA ENERGY Business Summary

Gran Tierra Energy Inc. (GTE) is an independent international energy company primarily engaged in the exploration and production of oil and natural gas. The company generates revenue through the direct sale of crude oil and natural gas liquids, with operations strategically concentrated in the Putumayo and Middle Magdalena Valley basins of Colombia, the Oriente Basin in Ecuador, and the Montney formation in Canada. As of early 2026, GTE has transitioned its Ecuador portfolio from exploration to appraisal and development while focusing its Colombian assets on maximizing free cash flow and reserve replacement. The company competes directly with regional players such as Ecopetrol S.A., GeoPark Limited, and Parex Resources Inc. Within this landscape, Gran Tierra positions itself as a high-efficiency, mid-cap independent operator that leverages deep regional technical expertise to maintain a competitive cost structure relative to national oil companies and larger international peers. Founded in 2003, the company is currently led by President and CEO Gary S. Guidry, a professional engineer with over 40 years of experience who previously spearheaded the $1.8 billion sale of Caracal Energy to Glencore. The executive team includes CFO Ryan Ellson, who brings extensive international finance experience from Glencore and Caracal, and COO Sebastien Morin, who joined in late 2023 with a background in managing complex production sharing contracts at WesternZagros Resources. The Board of Directors is chaired by Robert Hodgins and includes notable members such as former Alberta Premier Alison Redford and Brad Virbitsky, a partner at Equinox Partners LLC. Equinox Partners remains a significant institutional investor, providing strategic oversight as the company executes its 2026 capital program focused on debt reduction and high-return development projects.