Granite Ridge Resources, Inc. — fact timeline

Granite Ridge Resources, Inc. shareholders approved Approval of an Increase to the Number of Authorized Shares Available for Issuance Under the Company's 2022 Omnibus Incentive Plan, a Two-Year Extension of the Plan, and an Amendment and Restatement of the Plan at the 2026-05-22 meeting.

“Proposal 5: Approval of an Increase to the Number of Authorized Shares Available for Issuance Under the Company’s 2022 Omnibus Incentive Plan, a Two-Year Extension of the Plan, and an Amendment and Restatement of the Plan The shareholders approved an increase of 2,500,000 shares of Common Stock authorized for issuance under the Plan, a two-year extension of the Plan, and an amendment and restatement of the Plan to effect such changes.”

Granite Ridge Resources, Inc. shareholders approved Advisory Vote on the Frequency of the Advisory Vote on the Compensation of the Company's Named Executive Officers at the 2026-05-22 meeting.

“Proposal 4: Advisory Vote on the Frequency of the Advisory Vote on the Compensation of the Company’s Named Executive Officers The shareholders voted, on an advisory basis, to hold the advisory vote on the compensation of the Company’s named executive officers every year.”

Granite Ridge Resources, Inc. shareholders approved Advisory Vote to Approve the Compensation of the Company's Named Executive Officers at the 2026-05-22 meeting.

“Proposal 3: Advisory Vote to Approve the Compensation of the Company’s Named Executive Officers The shareholders approved, on an advisory basis, the compensation paid to the Company’s named executive officers.”

Granite Ridge Resources, Inc. shareholders approved Ratify the Appointment of Forvis Mazars LLP as the Company's Independent Registered Public Accounting Firm for the Year Ending December 31, 2026 at the 2026-05-22 meeting.

“Proposal 2: Proposal to Ratify the Appointment of Forvis Mazars LLP as the Company’s Independent Registered Public Accounting Firm for the Year Ending December 31, 2026 The shareholders ratified the appointment of Forvis Mazars LLP as the Company’s independent registered public accounting firm for the year ending December 31, 2026.”

Granite Ridge Resources, Inc. shareholders approved Election of Class I Directors at the 2026-05-22 meeting.

“Proposal 1: Election of Directors The shareholders elected each of Thaddeus Darden, Michele J. Everard and Kirk Lazarine as a Class I director of the Company for a term expiring at the Annual Meeting of Stockholders in 2029 or until their respective successors are elected and qualified.”

Granite Ridge Resources, Inc. reported the quarter ended March 31, 2026 results: net income net loss of $47.0 million, or $0.36 net loss per share, EPS $0.36 net loss per share. Guidance reaffirmed.

“• Grew daily production 18% to 34,467 barrels of oil equivalent (“Boe”) per day (48% oil), from 29,245 Boe per day for the first quarter of 2025. • Reported net loss of $47.0 million, or $0.36 net loss per share, versus net income of $9.8 million, or $0.07 net income per diluted share, for the prior year period. Adjusted Net Income (non-GAAP) totaled $3.1”

Granite Ridge Resources, Inc. reported the fourth quarter 2025 results: net income net loss of $25.1 million, EPS $(0.19) per share. Guidance initiated.

“Granite Ridge Resources, Inc. (NYSE: GRNT) (“Granite Ridge” or the “Company”) today reported financial and operating results for the fourth quarter and full-year 2025 and provided initial guidance for 2026. Fourth Quarter 2025 Highlights • Increased total production by 27% to 35,120 Boe/day (49% oil) including a 17% increase in oil production • Reported net loss of $25.1 million, or $(0.19) per share, and Adjusted Net Income (non-GAAP) of $1.5 million, or $0.01 Adjusted Earnings Per Diluted Share (non-GAAP) • Generated Adjusted EBITDAX (non-GAAP) of $69.5 million • Invested $127.5 million of capital, placing online 67 gross (10.50 net) wells • Declared a dividend of $0.11 per share • Ended the year with total liquidity of $339.5 million and Net Debt to Adjusted EBITDAX of 1.2x”

Kim Weimer changed role as Interim Chief Financial Officer and Chief Accounting Officer at Granite Ridge Resources, Inc..

“Kim Weimer was promoted to Interim Chief Financial Officer and Chief Accounting Officer.”

Tyler Farquharson changed role as President and Chief Executive Officer at Granite Ridge Resources, Inc..

“On June 12, 2025, Tyler Farquharson was promoted to President and Chief Executive Officer of the Company”

Luke Brandenberg departed as President and Chief Executive Officer at Granite Ridge Resources, Inc..

“On June 11, 2025, Luke Brandenberg stepped down from his role as President and Chief Executive Officer of Granite Ridge Resources, Inc.”

Granite Ridge Resources, Inc. amended credit facility of $375.0 million with Bank of America, N.A..

“ware corporation (the “Company”), and its subsidiary guarantors entered into the Fifth Amendment to Credit Agreement (the “Fifth Amendment”) amending the Company’s existing Credit Agreement, dated as of October 24, 2022, by and among the Company, as borrower, Bank of America, N.A., as administrative agent, and the lenders from time to time party thereto (as amended or modified prior to the Amendment Date, the “Existing Credit Agreement”).”

Granite Ridge Resources, Inc. reported first quarter of 2024 results: net income $16.2 million, EPS $0.12 per diluted share. Guidance reaffirmed.

“Granite Ridge Resources, Inc. (“Granite Ridge” or the “Company”) (NYSE: GRNT) today reported financial and operating results for the first quarter of 2024.”

Granite Ridge Resources, Inc. amended credit facility of $300.0 million with Bank of America, N.A..

“pointment, Assignment and Third Amendment to Credit Agreement (the “Third Amendment”) amending the Company’s existing Credit Agreement, dated as of October 24, 2022, by and among the Company, as borrower, Texas Capital Bank, as resigning administrative agent, Bank of America, N.A. (“Bank of America”), as successor administrative agent, and the lenders from time to time party thereto (as amended or modified prior to the Amendment Date, the “Existing Credit Agreement”).”

Granite Ridge Resources, Inc. amended Third Amendment with Bank of America, N.A. valued at $300.0 million (effective 2024-04-01).

“On April 1, 2024 (the “Amendment Date”), Granite Ridge Resources, Inc., a Delaware corporation (the “Company”), entered into the Resignation, Appointment, Assignment and Third Amendment to Credit Agreement (the “Third Amendment”) amending the Company’s existing Credit Agreement, dated as of October 24, 2022, by and among the Company, as borrower, Texas Capital Bank, as resigning administrative agent, Bank of America, N.A. (“Bank of America”), as successor administrative agent, and the lenders from time to time party thereto (as amended or modified prior to the Amendment Date, the “Existing Credit Agreement”).”

Granite Ridge Resources, Inc. updated its full-year 2023 guidance (initiated).

“today reported financial and operating results for the fourth quarter and full-year 2023 and provided initial guidance for 2024”

Granite Ridge Resources, Inc. reported Fourth Quarter 2023 results: net income $17.5 million, EPS $0.13 per share. Guidance initiated.

“• Reported net income of $17.5 million, or $0.13 per share”

Granite Ridge Resources, Inc. reported preliminary financial results for fourth-quarter 2023.

“Granite Ridge Resources, Inc., a Delaware corporation (the “Company”), issued a press release (i) providing select preliminary financial and operating results for the quarter ended December 31, 2023”

Kimberly Weimer was appointed as Chief Accounting Officer at Granite Ridge Resources, Inc..

“Effective January 1, 2024, the Board of Directors of Granite Ridge Resources, Inc., a Delaware corporation (the “Company”), appointed Kimberly Weimer to the position of Chief Accounting Officer of the Company, the Company’s principal accounting officer.”

Granite Ridge Resources, Inc. reported the quarter ended September 30, 2023 results: net income $18.0 million, or $0.13 per share, EPS $0.13 per share. Guidance raised.

“Reported net income of $18.0 million, or $0.13 per share”

Granite Ridge Resources, Inc. amended credit facility of $275.0 million with Texas Capital Bank at increased by 50 basis points across all utilization tiers maturing unknown.

“On November 7, 2023, Granite Ridge Resources, Inc., a Delaware corporation (the “Company”), entered into a First Amendment (the “Amendment”) to the Company’s existing Credit Agreement, dated October 24, 2022, by and among the Company, as borrower, Texas Capital Bank, as administrative agent, and the lenders from time to time party thereto (as amended or modified prior to such date, the “Existing Credit Agreement”). The Amendment, among other things, (a) decreased the borrowing base from $325.0 million to $275.0 million, (b) increased the aggregate elected commitments from $150 million to $240.0 million and (c) increased the applicable margin charged on the loans and other obligations outstanding under the Credit Agreement by 50 basis points across all utilization tiers of the pricing grid.”

Granite Ridge Resources, Inc. amended First Amendment with Texas Capital Bank (effective 2023-11-07).

“On November 7, 2023, Granite Ridge Resources, Inc., a Delaware corporation (the “Company”), entered into a First Amendment (the “Amendment”) to the Company’s existing Credit Agreement, dated October 24, 2022, by and among the Company, as borrower, Texas Capital Bank, as administrative agent, and the lenders from time to time party thereto (as amended or modified prior to such date, the “Existing Credit Agreement”).”

Zoran Durkovic resigned as Chief Accounting Officer at Granite Ridge Resources, Inc..

“On October 19, 2023, Zoran Durkovic notified Granite Ridge Resources, Inc., a Delaware corporation (the “Company”), of his resignation from his position as Chief Accounting Officer of the Company.”

Granite Ridge Resources, Inc. reported second quarter 2023 results: net income $8.7 million, EPS $0.07 per share. Guidance raised.

“Granite Ridge Resources Inc. (“Granite Ridge” or the “Company”) (NYSE: GRNT) today reported financial and operating results for the second quarter 2023 and provided an updated outlook for 2023.”

Granite Ridge Resources, Inc. amended Warrant Amendment with Continental Stock Transfer & Trust Company (effective 2023-06-20).

“artnering Corporation, a Delaware corporation (“ENPC”), and Continental Stock Transfer & Trust Company, as warrant agent (“Continental”), as amended on March 24, 2021, by and between ENPC and Continental, and as assigned pursuant to”

Granite Ridge Resources, Inc. shareholders approved Ratification of Appointment of FORVIS LLP as Independent Registered Public Accounting Firm for the Year Ending December 31, 2023 at the 2023-05-25 meeting.

“The shareholders ratified the appointment of FORVIS LLP as the Company’s independent registered public accounting firm for the year ending December 31, 2023.”

Granite Ridge Resources, Inc. shareholders approved Election of Class I Directors at the 2023-05-25 meeting.

“The shareholders elected each of Thaddeus Darden, Michele J. Everard, and Kirk Lazarine as a Class I director of the Company for a term expiring at the Annual Meeting of Stockholders in 2026 or until their respective successors are elected and qualified.”

Granite Ridge Resources, Inc. updated its full year 2023 guidance (raised).

“Increased full year 2023 midpoint production to 22,000 Boe per day; now expecting to generate 11% midpoint annual production volume growth as compared to the full year 2022.”

Granite Ridge Resources, Inc. reported the quarter ended March 31, 2023 results: net income $36.9 million, EPS $0.28 per share.

“Reported net income of $36.9 million, or $0.28 per share, versus $32.4 million, or $0.24 per share, for the prior year period.”

Granite Ridge Resources, Inc. updated its 2023 guidance (initiated).

“2023 Outlook ● Anticipate paying a quarterly dividend of $0.11 per share for each quarter of 2023. ● Planning $260 million to $270 million of capital expenditures, including $46 million of identified acquisitions.”

Granite Ridge Resources, Inc. reported Fourth Quarter 2022 results: net income $56.7 million, EPS $0.43 per share.

“● Reported net income of $56.7 million, or $0.43 per share.”

Granite Ridge Resources, Inc. reported that prior financial statements should not be relied upon.

“On March 3, 2023, the audit committee (the “Audit Committee”) of the Board of Directors of Granite Ridge Resources, Inc. (the “Company”) concluded, after discussion with the Company’s management and Company’s independent registered public accounting firm, that the unaudited condensed combined financial statements of the Company’s Predecessor (as defined below) as of September 30, 2022 and for the three and nine months ended September 30, 2022 (collectively, the “Subject Periods”) included in the Company’s Quarterly Report on Form 10-Q (the “Form 10-Q”) filed with the Securities and Exchange Commission (the “SEC”) on November 14, 2022 for the Subject Periods, should no longer be relied upon.”

Granite Ridge Resources, Inc. reported the quarter ended September 30, 2022 results: net income $66 million.

“Total pro forma net income of $66 million during the third quarter and adjusted pro forma net income (non-GAAP) of $48 million during the third quarter”

Granite Ridge Resources, Inc.: Company ceased to be a shell company upon closing of business combination.

“As a result of the Business Combination, Granite Ridge ceased to be a shell company upon the closing of the Business Combination.”

Granite Ridge Resources, Inc. underwent a change of control involving Executive Network Partnering Corporation and GREP Holdings, LLC for 130.0 million shares of Granite Ridge common stock (closed 2022-10-24).

“Existing GREP Members were issued 130.0 million shares of Granite Ridge common stock at the Closing.”

Granite Ridge Resources, Inc. entered into Management Services Agreement with Grey Rock Administration, LLC valued at $10 million.

“On the Closing Date, in connection with the consummation of the Business Combination, Grey Rock Administration, LLC, a Delaware limited liability company (“Manager”) indirectly owned by four of the Company’s directors, Matthew Miller, Griffin Perry, Thaddeus Darden and Kirk Lazarine, entered into a Management Services Agreement with Granite Ridge (the “MSA”).”

Granite Ridge Resources, Inc. terminated Letter Agreement with ENPC, ENPC Holdings, LLC, and Holdco.

“In connection with the consummation of the Transactions, the letter agreement, dated September 15, 2020, by and among ENPC, ENPC Holdings, LLC, a Delaware limited liability company (“Sponsor”), Holdco and the other parties thereto, was terminated at closing and Sponsor, Holdco and such parties will not be subject to contractual lock-up periods preventing them from transferring any shares of Granite Ridge common stock beneficially owned or otherwise held by them.”

Granite Ridge Resources, Inc. entered into Registration Rights and Lock-Up Agreement with ENPC Holdings II, LLC, Richard Boyce, Michael M. Calbert, Gisel Ruiz and the holders of membership interests in GREP.

“On the Closing Date, the Company entered into the Registration Rights and Lock-Up Agreement (the “RRA and Lock-Up Agreement”) with ENPC Holdings II, LLC, a Delaware limited liability company (“Holdco”), Richard Boyce, Michael M. Calbert, Gisel Ruiz and the holders of membership interests in GREP (the “Existing GREP Members”), with respect to the shares of Granite Ridge common stock issued as consideration under the Business Combination Agreement.”

Granite Ridge Resources, Inc. amended Warrant Agreement Amendment and Assignment with ENPC and Continental Stock Transfer & Trust Company.

“On the Closing Date, the Company entered into the Assignment, Assumption and Amendment Agreement (the “Warrant Agreement Amendment and Assignment”), by and among the Company, ENPC and Continental Stock Transfer & Trust Company (“Continental”).”