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Gran Tierra Announces Confirmation with Respect to Post-Offer Intention Statements Regarding i3 Energy plc

1. Gran Tierra confirms completion of i3 Energy acquisition as of October 31, 2024. 2. Announcement complies with Rule 19.6(c) of the UK Takeover Code. 3. Post-offer intention statements have been fulfilled according to regulatory requirements.

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Why Bullish?

The successful completion of the acquisition may enhance future revenue and market share for GTE, similar to past successful acquisitions in the energy sector leading to stock price increases. GTE's proactive compliance suggests strong management execution and may inspire investor confidence.

How important is it?

As Gran Tierra has recently completed a significant acquisition, this news is crucial for stakeholders. The compliance with post-offer mandates indicates stability and suggests a continuous alignment with strategic goals that could positively influence the stock.

Why Long Term?

The implications of the acquisition will unfold over time as operational integration and synergies are realized, reminiscent of other successful integrations in the energy sector that often result in long-term value creation.

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i3E.LXOMCVXOXY
October 31, 2025 17:21 ET  | Source: Gran Tierra Energy Inc. THE FOLLOWING ANNOUNCEMENT IS BEING MADE PURSUANT TO THE REQUIREMENTS OF RULE 19.6(C) OF THE CITY CODE ON TAKEOVERS AND MERGERS (THE "CODE"), WHICH, INTER ALIA, REQUIRES A PARTY TO AN OFFER TO MAKE AN ANNOUNCEMENT AT THE END OF A PERIOD OF 12 MONTHS FROM THE DATE ON WHICH THE OFFER PERIOD ENDED CONFIRMING WHETHER IT HAS TAKEN, OR NOT TAKEN, THE COURSE OF ACTION SET OUT IN ITS STATED INTENTIONS FOR IMMEDIATE RELEASE CALGARY, Alberta, Oct. 31, 2025 (GLOBE NEWSWIRE) -- Gran Tierra Energy Inc. ("Gran Tierra") Rule 19.6(c) confirmation with respect to post-offer intention statements regarding i3 Energy plc ("i3 Energy") Gran Tierra announces that, further to completion on 31 October 2024 of the recommended cash and shares acquisition of the entire issued and to be issued share capital of i3 Energy plc, which was implemented by way of a Court-sanctioned scheme of arrangement under Part 26 of the Companies Act 2006 and became effective on 31 October 2024, it has duly confirmed in writing to The Panel on Takeovers and Mergers in accordance with the requirements of Rule 19.6(c) of the Code that it has complied with the post-offer intention statements made pursuant to Rule 2.7(c)(viii) and Rule 24.2 of the Code, as detailed in its announcement made under Rule 2.7 of the Code on 19 August 2024 and in the scheme document published by i3 Energy on 29 August 2024. Enquiries:   Stifel Nicolaus Europe Limited (Financial Adviser to Gran Tierra)+44 (0) 20 7710 7600  Callum StewartSimon Mensley  Important Notices Relating to Financial Advisers Stifel Nicolaus Europe Limited (“Stifel“), which is authorised and regulated by the FCA in the UK, is acting as financial adviser exclusively for Gran Tierra and no one else in connection with the matters referred to in this announcement and will not be responsible to anyone other than Gran Tierra for providing the protections afforded to its clients or for providing advice in relation to matters referred to in this announcement. Neither Stifel, nor any of its affiliates, owes or accepts any duty, liability or responsibility whatsoever (whether direct or indirect, whether in contract, in tort, under statute or otherwise) to any person who is not a client of Stifel in connection with this announcement, any statement contained herein or otherwise.

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