Transaction Details

Footnotes

Represents a restricted stock award, granted under the Granite Ridge Resources, Inc. 2022 Omnibus Incentive Plan, which will fully vest on February 9, 2031. | Each performance stock unit represents a contingent right to receive one share of the Company's Common Stock. | Represents grant of performance stock unit under the Company's 2022 Omnibus Incentive Plan. The award is eligible to vest and convert to one share of the Company's Common Stock for each performance stock unit following the 20th consecutive trading day of the Company's Common Stock closing at a price at or above $7.00 per share. | Represents grant of performance stock unit under the Company's 2022 Omnibus Incentive Plan. The award is eligible to vest and convert to one share of the Company's Common Stock for each performance stock unit following the 20th consecutive trading day of the Company's Common Stock closing at a price at or above $8.50 per share. | Represents grant of performance stock unit under the Company's 2022 Omnibus Incentive Plan. The award is eligible to vest and convert to one share of the Company's Common Stock for each performance stock unit following the 20th consecutive trading day of the Company's Common Stock closing at a price at or above $10.00 per share.