# EDGAR Filing Document

**Accession Number:** 0001273441
**File Stem:** 0001104659-26-024683
**Filing Date:** 2026-3
**Character Count:** 36322
**Document Hash:** 986bad1b676398509243b1b9fd4fd11c
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001104659-26-024683.hdr.sgml**: 20260306

**ACCESSION NUMBER**: 0001104659-26-024683

**CONFORMED SUBMISSION TYPE**: 8-K

**PUBLIC DOCUMENT COUNT**: 15

**CONFORMED PERIOD OF REPORT**: 20260302

**ITEM INFORMATION**: Entry into a Material Definitive Agreement

**ITEM INFORMATION**: Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant

**ITEM INFORMATION**: Financial Statements and Exhibits

**FILED AS OF DATE**: 20260306

**DATE AS OF CHANGE**: 20260306

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** GRAN TIERRA ENERGY INC.
- **CENTRAL INDEX KEY:** 0001273441
- **STANDARD INDUSTRIAL CLASSIFICATION:** CRUDE PETROLEUM & NATURAL GAS [1311]
- **ORGANIZATION NAME:** 01 Energy & Transportation
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 8-K
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-34018
- **FILM NUMBER:** 26730768

**BUSINESS ADDRESS:**
- **STREET 1:** 500 CENTRE STREET SE
- **CITY:** CALGARY
- **STATE:** A0
- **ZIP:** T2G 1A6
- **BUSINESS PHONE:** (403) 265-3221

**MAIL ADDRESS:**
- **STREET 1:** 500 CENTRE STREET SE
- **CITY:** CALGARY
- **STATE:** A0
- **ZIP:** T2G 1A6

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** GRAN TIERRA ENERGY, INC.
- **DATE OF NAME CHANGE:** 20051130

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** GOLDSTRIKE INC
- **DATE OF NAME CHANGE:** 20040113

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** GOLKSTRIKE INC
- **DATE OF NAME CHANGE:** 20031216

?xml version='1.0' encoding='ASCII'?

**UNITED STATES**

 **SECURITIES AND EXCHANGE COMMISSION**

**Washington, D.C. 20549**

**FORM 8-K**

**CURRENT REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934**

**Date of Report (Date of earliest event reported): March 2, 2026**

**GRAN TIERRA ENERGY INC.**

(Exact Name of Registrant as Specified in its Charter)

---

| | | |
|:---|:---|:---|
| **Delaware** | **001-34018** | **98-0479924** |
| (State or Other Jurisdiction <br>of Incorporation) | (Commission File Number) | (IRS Employer <br>Identification No.) |

---

**500 Centre Street S.E.** **Calgary, Alberta, Canada**

 **T2G 1A6**

(Address of Principal Executive Offices)

(Zip Code)

**(403) 265-3221**

(Registrant's Telephone Number, Including Area Code)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

---

| |
|:---|
| Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
| Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
| Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
| Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |

---

Securities registered pursuant to Section 12(b) of the Act:

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| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Title of each class** | &nbsp;&nbsp;**Trading Symbol(s)** | &nbsp;&nbsp;**Name of each exchange on which registered** |
| &nbsp;&nbsp;Common Stock, par value $0.01 per share | &nbsp;&nbsp;GTE | &nbsp;&nbsp; NYSE American<br> Toronto Stock Exchange<br>London Stock Exchange<br>|

---

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ◻

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ◻

---

| | |
|:---|:---|
| **Item 1.01.** | **Entry into a Material Definitive Agreement.** |

---

The information set forth below in Item 2.03 is incorporated by reference into this Item 1.01.

---

| | |
|:---|:---|
| **Item 2.03.** | **Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.** |

---

On March 2, 2026, Gran Tierra Energy Inc., a Delaware corporation (the "Company"), issued US$11,717,000 aggregate principal amount of additional 9.750% Senior Secured Amortizing Notes due 2031 (the "Additional Notes"), in exchange for US$11,717,000 aggregate principal amount of the Company's 9.500% Senior Secured Amortizing Notes due 2029 (the "Existing Notes"). The Additional Notes constitute a further issuance of, form a single series with, have identical terms to (other than the initial offering price and the issue date) the US$491,853,000 aggregate principal amount outstanding of the Company's 9.750% Senior Secured Amortizing Notes due 2031, issued on February 18, 2026 (the "Original Notes" and, together with the Additional Notes, the "Notes"). Upon completion of the exchange offer, the total aggregate principal amount of Notes outstanding is US$503,570,000.

The Additional Notes were issued to holders of Existing Notes reasonably believed to be "qualified institutional buyers" as defined in Rule 144A under the Securities Act of 1933, as amended (the "Securities Act"), in a private transaction in reliance upon the exemption from the registration requirements of the Securities Act provided by Section 4(a)(2), and outside of the United States, to holders of Existing Notes who are not U.S. persons and who are not acquiring the Additional Notes for the account or benefit of a U.S. person, in offshore transactions in compliance with Regulation S under the Securities Act, and pursuant to certain prospectus exemptions in Canada. The issuance of the Additional Notes closed on March 2, 2026.

The Additional Notes were issued pursuant to an indenture, dated as of February 18, 2026 (the "Original Indenture"), among the Company, certain of its subsidiaries as guarantors party thereto, and U.S. Bank Trust Company, National Association, as trustee (the "Trustee"), as supplemented by a first supplemental indenture, dated as of March 2, 2026 (the "First Supplemental Indenture" and, the Original Indenture, as supplemented by the First Supplemental Indenture, the "Indenture"), among the Company, certain of its subsidiaries as guarantors party thereto, and the Trustee. The Notes are guaranteed on a senior basis by the subsidiary guarantors party to the Indenture, and secured by a first lien priority interest in the capital stock of certain subsidiary guarantors.

The Additional Notes bear interest at a rate of 9.750% per year, accruing from March 2, 2026, and payable semi-annually in arrears on April 15 and October 15 of each year, beginning on October 15, 2026. The Notes mature on April 15, 2031, unless earlier redeemed or repurchased. Subject to adjustment for required minimum denominations, the principal amount of the Notes will be amortized over three installments: (i) 15.0% of the original principal amount of the Notes on October 15, 2029; (ii) 15.0% of the original principal amount of the Notes on October 15, 2030; and (iii) the remaining principal amount of the Notes then outstanding on the maturity date.

The Company may redeem the Notes (i) at any time prior to April 15, 2028, in whole or in part, at a price equal to the principal amount of the Notes being redeemed plus a "make-whole" premium, together with any accrued and unpaid interest to, but excluding the date of redemption, (ii) on or after April 15, 2028, at its option, all or any portion of the Notes for cash at the redemption prices specified in the Indenture, together with any accrued and unpaid interest to the date of redemption, or (iii) on or before April 15, 2028, up to 35% of the aggregate principal amount of the Notes, in an amount not greater than the net cash proceeds from certain equity offerings. No sinking fund is provided for the Notes.

The Indenture contains covenants that, among other things, restrict the Company's ability and the ability of its subsidiaries to: incur additional indebtedness; incur liens; make restricted payments; pay dividends or make distributions in respect of capital stock; consummate asset sales; enter into sale and lease-back transactions; enter into certain transactions with affiliates; or consolidate, merge or sell all or substantially all of their assets. These restrictions, however, are subject to a number of important exceptions and qualifications.

If the Company undergoes a change of control, holders of the Notes may require the Company to repurchase for cash all or any portion of their Notes at a change of control repurchase price equal to 101% of the principal amount of the Notes to be repurchased, plus accrued and unpaid interest to, but excluding, the change of control repurchase date.

The foregoing description of the Indenture and the Additional Notes does not purport to be complete and is qualified in its entirety by reference to the full text of the Indenture and the form of Additional Note, copies of which are filed herewith as Exhibit 4.1 and Exhibit 4.2, respectively, and are incorporated herein by reference.

---

| | |
|:---|:---|
| **Item 9.01.** | **Financial Statements and Exhibits.** |

---

(d) Exhibits.

---

| | |
|:---|:---|
| **Exhibit Number** | **Description** |
| [4.1](https://www.sec.gov/Archives/edgar/data/1273441/000110465926018158/tm266919d1_ex4-1.htm) | [Indenture related to the 9.750% Senior Secured Amortizing Notes due 2031, dated as of February 18, 2026, among Gran Tierra Energy Inc., the guarantors named therein, and U.S. Bank Trust Company, National Association (incorporated by reference to Exhibit 4.1 to the Current Report on Form 8-K, filed with the SEC on February 20, 2026).](https://www.sec.gov/Archives/edgar/data/1273441/000110465926018158/tm266919d1_ex4-1.htm) |
| [4.2](tm268158d1_ex4-2.htm) | [First Supplemental Indenture related to the 9.750% Senior Secured Amortizing Notes due 2031, dated as of March 2, 2026, among Gran Tierra Energy Inc., the guarantors named therein, and U.S. Bank Trust Company, National Association.](tm268158d1_ex4-2.htm) |
| [4.3](https://www.sec.gov/Archives/edgar/data/1273441/000110465926018158/tm266919d1_ex4-1.htm) | [Form of 9.750% Senior Secured Amortizing Notes due 2031 (included as Exhibit A to Exhibit 4.1).](https://www.sec.gov/Archives/edgar/data/1273441/000110465926018158/tm266919d1_ex4-1.htm) |
| [99.1](tm268158d1_ex99-1.htm) | [Press Release, dated March 2, 2026.](tm268158d1_ex99-1.htm) |
| 104 | Cover Page Interactive Data File - the cover page XBRL tags are embedded within the Inline XBRL document. |

---

**SIGNATURE**

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

---

| | | | |
|:---|:---|:---|:---|
| Date: March 6, 2026 | GRAN TIERRA ENERGY INC. | GRAN TIERRA ENERGY INC. | GRAN TIERRA ENERGY INC. |
|  | By: | /s/ Ryan Ellson | /s/ Ryan Ellson |
|  |  | Name: | Ryan Ellson |
|  |  | Title: | Executive Vice President and Chief Financial Officer |

---

## Exhibit 4.2

**Exhibit 4.2**

***Execution Version***

**FIRST SUPPLEMENTAL INDENTURE**

**FIRST SUPPLEMENTAL INDENTURE**, dated as of March 2, 2026 (this "**Supplemental Indenture**"), among **GRAN TIERRA ENERGY INC.**, a Delaware corporation (the "**Issuer**"), the **NOTE GUARANTORS** party hereto (the "**Note Guarantors**") and **U.S. BANK TRUST COMPANY, NATIONAL ASSOCIATION**, as trustee (together with its successors, in such capacity, the "**Trustee**"). Capitalized terms used herein without definition shall have the meanings assigned to them in the Indenture (as defined below).

**RECITALS**

**WHEREAS**, the Issuer, the Note Guarantors and the Trustee entered into an Indenture, dated as of February 18, 2026 (as amended, restated, supplemented, waived or otherwise modified from time to time, the "**Indenture**"), pursuant to which the Issuer has issued $491,853,000 in the aggregate principal amount of 9.750% Senior Secured Amortizing Notes due 2031 (the "**Initial Notes**");

**WHEREAS**, pursuant to Section 2.11 of the Indenture, Additional Notes may be issued from time to time under the Indenture pursuant to one or more indentures supplemental to the Indenture, and such Additional Notes and the Initial Notes will be treated collectively as a single class for all purposes of the Indenture;

**WHEREAS**, the Issuer and the Note Guarantors have authorized the execution and delivery of this Supplemental Indenture for the purpose of issuing $11,717,000 in aggregate principal amount of Additional Notes (the "**New Notes**");

**WHEREAS**, pursuant to Section 9.1(viii) of the Indenture, the Issuer, the Note Guarantors and the Trustee are authorized to execute and deliver this Supplemental Indenture to provide for the issuance of the New Notes in accordance with the limitations set forth in the Indenture without notice to or consent of any Holder;

**WHEREAS**, the Trustee in entering into this Supplemental Indenture is entitled to rely upon an Officers' Certificate and an Opinion of Counsel, each of which has been provided to the Trustee; and

**WHEREAS**, all acts and things prescribed by the Indenture, by law and by the certificate of incorporation and the bylaws (or other comparable constituent documents) of the Issuer, the Note Guarantors and of the Trustee necessary to make this Supplemental Indenture a valid instrument legally binding on the Issuer, the Note Guarantors and the Trustee, in accordance with its terms, have been duly done and performed.

**NOW, THEREFORE**, to comply with the provisions of the Indenture and in consideration of the above premises, the Issuer and the Note Guarantors and the Trustee covenant and agree for the equal and proportionate benefit of the respective Holders as follows:

**ARTICLE I**

Section 1.1 This Supplemental Indenture is supplemental to the Indenture and does and shall be deemed to form a part of, and shall be construed in connection with and as a part of, the Indenture for any and all purposes.

Section 1.2 This Supplemental Indenture shall become effective immediately at its execution and delivery by the Issuer, the Note Guarantors and the Trustee.

**ARTICLE II**

Section 2.1 As of the date hereof, the Issuer shall issue the New Notes pursuant to this Supplemental Indenture. The New Notes issued pursuant to this Supplemental Indenture constitute Additional Notes issued pursuant to Section 2.11 of the Indenture and shall be considered with the Initial Notes collectively as a single class for all purposes of the Indenture. The New Notes shall have the same terms and conditions in all respects as the Initial Notes, except that the issue date of the New Notes shall be March 2, 2026.

The New Notes issued in the form of Global Notes will be issued under the same CUSIP/ISIN numbers as the Initial Notes (except that New Notes issued pursuant to Regulation S under the Securities Act will trade separately under different CUSIP/ISIN numbers until at least 40 days after the issue date of the New Notes). Promptly following the termination of 40-day period following the issue date of the New Notes, the Issuer shall cause the beneficial interests in New Notes in the form of Regulation S Global Notes to be exchanged for beneficial interests in the Initial Note Regulation S Global Note (CUSIP: U37016 AF6 / ISIN: USU37016AF67) pursuant to the applicable procedures of DTC. The Issuer shall deliver to the Trustee a written order of the Issuer, signed by one of its Authorized Officers, directing the Trustee to process such mandatory exchange, along with an Officers' Certificate and Opinion of Counsel if requested by the Trustee.

The aggregate principal amount of the New Notes that may be authenticated and delivered pursuant to this Supplemental Indenture shall be $11,717,000.

Section 2.2 Subject to Article VII of the Indenture, the Note Guarantors hereby absolutely, irrevocably and unconditionally Guarantee, jointly and severally, to each Holder and to the Trustee the full and punctual payment (whether at an installment date or the Maturity Date, upon redemption, purchase pursuant to an offer to purchase or acceleration or otherwise) of the principal, premium, interest and all other amounts that may come due and payable under each Additional Note and the full and punctual payment of all other amounts payable by the Issuer under the Indenture as they come due.

**ARTICLE III**

Section 3.1 As of the date hereof, the Issuer will issue, and the Trustee, pursuant to a written order delivered in connection therewith, is directed to authenticate and deliver, the New Notes under the Indenture, substantially in the form of Exhibit A to the Indenture.

Section 3.2 Except as specifically modified herein, the Indenture and the Notes are in all respects ratified and confirmed *(mutatis mutandis)* and shall remain in full force and effect in accordance with their terms with all capitalized terms used herein without definition having the same respective meanings ascribed to them as in the Indenture.

Section 3.3 Except as otherwise expressly provided herein, no duties, responsibilities or liabilities are assumed, or shall be construed to be assumed, by the Trustee by reason of this Supplemental Indenture. This Supplemental Indenture is executed and accepted by the Trustee subject to all the terms and conditions set forth in the Indenture with the same force and effect as if those terms and conditions were repeated at length herein and made applicable to the Trustee.

Section 3.4 THIS SUPPLEMENTAL INDENTURE HAS BEEN DELIVERED IN NEW YORK, NEW YORK AND SHALL BE DEEMED TO BE A CONTRACT MADE UNDER AND GOVERNED BY THE INTERNAL LAWS OF THE STATE OF NEW YORK (INCLUDING FOR SUCH PURPOSE SECTIONS 5-1401 AND 5-1402 OF THE GENERAL OBLIGATIONS LAW OF THE STATE OF NEW YORK).

Section 3.5 This Supplemental Indenture may be executed on any number of separate counterparts (including by fax or electronic delivery), and all of such counterparts taken together shall be deemed to constitute one and the same instrument. The exchange of copies of this Supplemental Indenture and of signature pages by facsimile, electronic or PDF transmission shall constitute effective execution and delivery of this Supplemental Indenture as to the parties hereto and may be used in lieu of the original Supplemental Indenture for all purposes. Signatures of the parties hereto transmitted by facsimile or PDF shall be deemed to be their original signatures for all purposes. Signatures of the parties hereto transmitted by facsimile or PDF shall be deemed to be their original signatures for all purposes. Electronic signatures believed by the Trustee to comply with the ESIGN Act of 2000 or other applicable law (including electronic images of handwritten signatures and digital signatures provided by DocuSign, Orbit, Adobe Sign or any other digital signature provider identified by any other party hereto and acceptable to the Trustee) ("**Electronic Signatures**") shall be deemed original signatures for all purposes.

*[Signature page follows.]*

IN WITNESS WHEREOF, the undersigned have caused this Supplemental Indenture to be duly executed as of the date first above written by their respective officers hereunto duly authorized.

---

| | | |
|:---|:---|:---|
| GRAN TIERRA ENERGY INC.,<br> as the Issuer | GRAN TIERRA ENERGY INC.,<br> as the Issuer | GRAN TIERRA ENERGY INC.,<br> as the Issuer |
| By: | /s/ Ryan Ellson | /s/ Ryan Ellson |
|  | Name: | Ryan Ellson |
|  | Title: | Executive Vice President and Chief Financial Officer |
| GRAN TIERRA ENERGY CI GMBH,<br> as Note Guarantor | GRAN TIERRA ENERGY CI GMBH,<br> as Note Guarantor | GRAN TIERRA ENERGY CI GMBH,<br> as Note Guarantor |
| By: | /s/ Stefan Smit | /s/ Stefan Smit |
|  | Name: | Stefan Smit |
|  | Title: | President of Managing Officers |
| GRAN TIERRA OPERATIONS COLOMBIA GMBH,<br> as Note Guarantor | GRAN TIERRA OPERATIONS COLOMBIA GMBH,<br> as Note Guarantor | GRAN TIERRA OPERATIONS COLOMBIA GMBH,<br> as Note Guarantor |
| By: | /s/ Stefan Smit | /s/ Stefan Smit |
|  | Name: | Stefan Smit |
|  | Title: | President of Managing Officers |
| GRAN TIERRA ENERGY COLOMBIA GMBH,<br> as Note Guarantor | GRAN TIERRA ENERGY COLOMBIA GMBH,<br> as Note Guarantor | GRAN TIERRA ENERGY COLOMBIA GMBH,<br> as Note Guarantor |
| By: | /s/ Stefan Smit | /s/ Stefan Smit |
|  | Name: | Stefan Smit |
|  | Title: | President of Managing Officers |

---

[*Signature Page to First Supplemental Indenture – 2031 Notes*]

---

| | | |
|:---|:---|:---|
| GRAN TIERRA RESOURCES GMBH,<br> as Note Guarantor | GRAN TIERRA RESOURCES GMBH,<br> as Note Guarantor | GRAN TIERRA RESOURCES GMBH,<br> as Note Guarantor |
| By: | /s/ Stefan Smit | /s/ Stefan Smit |
|  | Name: | Stefan Smit |
|  | Title: | President of Managing Officers |

---

[*Signature Page to First Supplemental Indenture – 2031 Notes*]

---

| | | |
|:---|:---|:---|
| U.S. BANK TRUST COMPANY, <br> NATIONAL ASSOCIATION, as Trustee | U.S. BANK TRUST COMPANY, <br> NATIONAL ASSOCIATION, as Trustee | U.S. BANK TRUST COMPANY, <br> NATIONAL ASSOCIATION, as Trustee |
| By: | /s/ Michael K. Herberger | /s/ Michael K. Herberger |
|  | Name: | Michael K. Herberger |
|  | Title: | Vice President |

---

[*Signature Page to First Supplemental Indenture – 2031 Notes*]

## Exhibit 99.1

**Exhibit 99.1**

![](tm268158d1_ex99-1img001.jpg)

**Gran Tierra Energy Inc. Announces Expiration and Final Results for the Previously Announced Exchange Offer of Certain Existing Notes for New Notes and the Solicitation of Consents to Proposed Amendments to the Existing Indenture**

CALGARY, Alberta, Mar. 2, 2026 (GLOBE NEWSWIRE) -- Gran Tierra Energy Inc. ("**Gran Tierra**" or the "**Company**") **(NYSE American:GTE)(TSX:GTE)(LSE:GTE)** today announced the expiration and final results of its previously announced offer to Eligible Holders (as defined herein) to exchange (such offer, the "**Exchange Offer**") any and all of the Company's outstanding 9.500% Senior Secured Amortizing Notes due 2029 (CUSIP: 38500T AC5 / U37016 AC3; ISIN: US38500TAC53 / USU37016AC37) (the "**Existing Notes**") for newly issued 9.750% Senior Secured Amortizing Notes due 2031 (the "**New Notes**"), pursuant to the terms and subject to the conditions set forth in the exchange offer memorandum and consent solicitation statement, dated January 29, 2026 in respect of the Exchange Offer and the Solicitation of Consents (as amended and supplemented by the Supplement to the Exchange Offer Memorandum, dated February 5, 2026, and as further amended or supplemented prior to the date hereof, the "**Exchange Offer Memorandum**"). Any capitalized terms used in this press release without definition have the respective meanings assigned to such terms in the Exchange Offer Memorandum.

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Existing Notes** | **CUSIP / ISIN Numbers** | **Principal Amount Outstanding** | **Principal Amount Outstanding** | **Principal Amount Tendered After the Early Participation Deadline**<sup>(1)</sup>** | **Principal Amount Tendered After the Early Participation Deadline**<sup>(1)</sup>** | **Total Principal Amount Tendered in the Exchange Offer**<sup>(2)</sup>** | **Total Principal Amount Tendered in the Exchange Offer**<sup>(2)</sup>** | **Percentage of Principal Amount Outstanding** |
| 9.500% Senior Secured Amortizing Notes due 2029 | Rule 144A: 38500T AC5 / US38500TAC53<br> Reg. S: U37016 AC3 / USU37016AC37 | US$ | 716340000 | US$ | 11717000 | US$ | 648457000 | 90.52% |

---

(1) The Company
 accepted for exchange all US$11,717,000 aggregate principal amount of Existing Notes validly
 tendered after the Early Participation Deadline (as defined herein) and on or before the
 Expiration Deadline (as defined herein).

(2) The Company
 accepted for exchange US$616,984,000 aggregate principal amount of Existing Notes validly
 tendered and not validly withdrawn on or before the Early Participation Deadline, out of
 the US$636,740,000 aggregate principal amount of Existing Notes validly tendered and not
 validly withdrawn on or before the Early Participation Deadline.

As of 5:00 p.m., New York City time, on February 27, 2026 (the "**Expiration Deadline**"), US$11,717,000 aggregate principal amount of Existing Notes had been validly tendered for exchange and not validly withdrawn, from 5:00 p.m., New York City time, on February 11, 2026 (the "**Early Participation Deadline**"), through the Expiration Deadline, resulting in a total of US$648,457,000 aggregate principal amount of Existing Notes outstanding, representing approximately 90.52% of the total aggregate principal amount of Existing Notes outstanding, that had been validly tendered for exchange and not validly withdrawn, as confirmed by D.F. King & Co., Inc., the Information Agent and Exchange Agent for the Exchange Offer and the Solicitation of Consents.

On February 18, 2026 (the "**Early Settlement Date**"), the Company accepted for exchange a total of US$616,984,000 aggregate principal amount of the Existing Notes validly tendered and not validly withdrawn on or prior to the Early Participation Deadline in the Exchange Offer, representing approximately 86.13% of the total aggregate principal amount of Existing Notes outstanding, and issued US$491,853,000 aggregate principal amount of New Notes. The Company has accepted for exchange all US$11,717,000 aggregate principal amount of Existing Notes validly tendered after the Early Participation Deadline and on or before the Expiration Deadline, resulting in a total acceptance of US$628,701,000 aggregate principal amount of Existing Notes in the Exchange Offer, and expected issuance of a total of US$503,570,000 aggregate principal amount of New Notes. The final settlement of the Exchange Offer and the Solicitation of Consents, and the issuance of the additional US$11,717,000 in aggregate principal amount of New Notes, is expected to occur on March 2, 2026 (the "**Settlement Date**"), which is the first business day after the Expiration Deadline. The Company did not accept US$19,756,000 aggregate principal amount of Existing Notes validly tendered and not validly withdrawn on or prior to the Early Participation Deadline, because acceptance of those Existing Notes would otherwise have resulted in the issuance of less than the minimum denomination of US$200,000 in principal amount of New Notes to such Eligible Holders. After the completion of the Exchange Offer, US$87,639,000 aggregate principal amount of Existing Notes will remain outstanding, representing approximately 12.23% of the total aggregate principal amount of Existing Notes outstanding at the beginning of the Exchange Offer.

Eligible Holders who validly tendered Existing Notes and delivered Consents, and did not validly revoke such tenders and Consents, after the Early Participation Deadline and on or prior to the Expiration Deadline and whose Existing Notes were accepted for exchange by the Company will receive, on the Settlement Date, for each US$1,000 aggregate principal amount of Existing Notes validly tendered (and not validly withdrawn), US$1,000 aggregate principal amount of New Notes (the "**Exchange Consideration**").

The Company previously amended the Exchange Offer to deduct accrued interest on the New Notes from the Early Settlement Date to, but not including, the Settlement Date. As such, Eligible Holders who validly tendered their Existing Notes after the Early Participation Deadline, but on or prior to the Expiration Deadline, and whose Existing Notes were accepted for exchange, will be paid (i) accrued and unpaid interest on such Existing Notes from, and including, the most recent date on which interest was paid on such Holder's Existing Notes to, but not including, the Settlement Date, *less* (ii) accrued and unpaid interest on the New Notes from the Early Settlement Date to, but not including, the Settlement Date (collectively, the "**Accrued Interest**"), payable on the Settlement Date. Interest will cease to accrue on the Settlement Date for all Existing Notes validly tendered after the Early Participation Deadline, but on or prior to the Expiration Deadline, and accepted for exchange in the Exchange Offer.

The Company will not receive any cash proceeds from the issuance of the New Notes in the Exchange Offer and the Solicitation of Consents. Existing Notes tendered in connection with the Exchange Offer, and accepted for exchange, will be cancelled.

The Exchange Offer was made, and the New Notes were offered and will be issued, only (a) in the United States to holders of Existing Notes who are reasonably believed to be "qualified institutional buyers" (as defined in Rule 144A under the Securities Act of 1933, as amended (the "**Securities Act**")) in reliance upon the exemption from the registration requirements of the Securities Act, and (b) outside the United States to holders of Existing Notes who are persons other than "U.S. persons" (as defined in Rule 902 under the Securities Act) in reliance upon Regulation S under the Securities Act and who are non-U.S. qualified offerees and eligible purchasers in other jurisdictions as set forth in the Exchange Offer Memorandum. Holders who have returned a duly completed eligibility letter certifying that they are within one of the categories described in the immediately preceding sentences were authorized to receive and review the Exchange Offer Memorandum and to participate in the Exchange Offer and the Solicitation of Consents (such holders, "**Eligible Holders**").

This press release does not constitute an offer to buy or the solicitation of an offer to sell the Existing Notes in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such jurisdiction. This press release does not constitute an offer to sell or the solicitation of an offer to buy the New Notes, nor shall there be any sale of the New Notes in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such jurisdiction. The New Notes will not be registered under the Securities Act or the securities laws of any state and may not be offered or sold in the United States absent registration or an exemption from the registration requirements of the Securities Act and applicable state securities laws.

The Exchange Offer was made, and the New Notes were offered and will be issued in Canada on a private placement basis to holders of Existing Notes who are "accredited investors" and "permitted clients," each as defined under applicable Canadian provincial securities laws.

None of the Company, the dealer managers, the trustee, any agent or any affiliate of any of them made any recommendation as to whether Eligible Holders should have tendered or refrained from tendering all or any portion of the principal amount of such Eligible Holder's Existing Notes for New Notes in the Exchange Offer or Consent to any of the Proposed Amendments to the Existing Indenture in the Solicitation of Consents. Eligible Holders needed to make their own decision as to whether to tender Existing Notes in the Exchange Offer and participate in the Solicitation of Consents and, if so, the principal amount of Existing Notes to tender.

This press release is being issued pursuant to and in accordance with Rule 135c under the Securities Act.

**Cautionary Statement Regarding Forward-Looking Statements**

*This press release includes forward-looking statements within the meaning of Section 27A of the Securities Act, Section 21E of the Securities Exchange Act of 1934, as amended, and the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 or "forward-looking information" within the meaning of applicable Canadian securities laws. All statements other than statements of historical facts included in this press release, and those statements preceded by, followed by or that otherwise include the words "may," "might," "will," "would," "could," "should," "believe," "expect," "anticipate," "intend," "estimate," "project," "target," "goal," "guidance," "budget," "plan," "objective," "potential," "seek," or similar expressions or variations on these expressions are forward-looking statements. The Company can give no assurances that the assumptions upon which the forward-looking statements are based will prove to be correct or that, even if correct, intervening circumstances will not occur to cause actual results to be different than expected. Because forward-looking statements are subject to risks and uncertainties, actual results may differ materially from those expressed or implied by the forward-looking statements. There are a number of risks, uncertainties and other important factors that could cause the Company's actual results to differ materially from the forward-looking statements, including, but not limited to, those factors set out in the Exchange Offer Memorandum under "Risk Factors," in Part I, Item 1A, "Risk Factors" in the Company's Annual Report on Form 10-K for the year ended December 31, 2024, and in the Company's other filings with the U.S. Securities and Exchange Commission (the "SEC"). Although the Company believes the expectations reflected in the forward-looking statements are reasonable, the Company cannot guarantee future results, level of activity, performance or achievements. Moreover, neither the Company nor any other person assumes responsibility for the accuracy or completeness of any of these forward-looking statements. Eligible Investors should not rely upon forward-looking statements as predictions of future events. The information included herein is given as of the date of this press release and, except as otherwise required by the securities laws, the Company disclaims any obligation or undertaking to publicly release any updates or revisions to, or to withdraw, any forward-looking statement contained in this press release to reflect any change in the Company's expectations with regard thereto or any change in events, conditions or circumstances on which any forward-looking statement is based.*

 

**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 and Ecuador. The Company is currently developing its existing portfolio of assets in Canada, Colombia and Ecuador 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. Except to the extent expressly stated otherwise, information on the Company's website or accessible from the Company's 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 SEC are available on the SEC website at http://www.sec.gov. The Company's Canadian securities regulatory filings are available on the Canadian System for Electronic Data Analysis and Retrieval + ("SEDAR+") at http://www.sedarplus.ca, and UK regulatory filings are available on the National Storage Mechanism (the "NSM") website at https://data.fca.org.uk/#/nsm/nationalstoragemechanism. Gran Tierra's filings on the SEC, SEDAR+ and the NSM websites are not incorporated by reference into this press release.*

 

 

**Contact Information**

For investor and media inquiries please contact:

Gary Guidry<br> President & Chief Executive Officer

Ryan Ellson<br> Executive Vice President & Chief Financial Officer

+1-403-265-3221

info@grantierra.com

SOURCE Gran Tierra Energy Inc.