Granite Ridge Resources Shareholders Approve Omnibus Incentive Plan Amendment

Granite Ridge Resources, Inc. held its 2026 Annual Meeting of Stockholders on May 22, 2026, where shareholders approved several key proposals. Most significantly, shareholders approved the First Amendment to the company's 2022 Omnibus Incentive Plan, which increases the number of shares available for issuance under the plan by 2.5 million shares and extends the plan's term from October 24, 2032 to October 24, 2034. The shareholders also elected three Class I directors (Thaddeus Darden, Michele J. Everard, and Kirk Lazarine) for terms expiring in 2029, ratified the appointment of Forvis Mazars LLP as the independent registered public accounting firm for 2026, and approved executive compensation on an advisory basis. The amended incentive plan provides favorable opportunities for directors, officers, employees, consultants, and advisors to acquire company stock or benefit from its appreciation, with the goal of attracting and retaining talent and enhancing shareholder value.