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REG-Peter Dey Announces Retirement from Gran Tierra’s Board of Directors

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CALGARY, Alberta, June 20, 2025 (GLOBE NEWSWIRE) -- Gran Tierra Energy Inc.
(“Gran Tierra” or the “Company”) (NYSE American:GTE)(TSX:GTE)(LSE:GTE)
today announced that, for personal reasons, Peter Dey will be stepping down
from the Board of Gran Tierra at the end of June 2025. Peter has agreed to
make himself available to consult with the Board as required until the end of
2025 while a search is conducted for a replacement director.

“On behalf of the Board of Directors of Gran Tierra, I want to thank Peter
for his leadership and guidance since 2015,” said Bob Hodgins, Chairman of
Gran Tierra Energy Inc.

“We have worked with Peter for almost 15 years across multiple companies and
continents. Peter is a distinguished expert in board governance, and his broad
commercial background and strategic input have been instrumental in navigating
a volatile and evolving industry,” said Gary Guidry, CEO of Gran Tierra
Energy Inc.

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. 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

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