Granite Ridge Resources, Inc. (GRNT) Earnings Call Transcript

The Special Meeting of Stockholders of Granite Ridge Resources, Inc. is now called to order. I'm Matt Miller, Co-Chairman of the Board of Directors of Granite Ridge, and I cordially welcome you to today's meeting. This special meeting is being conducted online via live webcast. You may submit any questions at any time during the meeting using the field provided for questions in the web portal. Emily Fuquay will act as Secretary of this meeting and Erica Young will act as Inspector of Elections. Emily, will you present the list of stockholders entitled to vote at this meeting as well as evidence that the notice of this meeting was given to stockholders?

I present a complete list of stockholders of the company entitled to vote at this meeting, being the stockholders of record at the close of business on June 15, 2026. This list has been kept on file at the company's offices at 5217 McKinney Avenue Suite 400, Dallas, Texas, 75205, for a period of 50 days prior to this meeting, and has been open to inspection of any stockholder for any purpose germane to the meeting at any time during ordinary business hours. During this meeting, the list may be inspected by any stockholder who is present. Further, I present the following documents related to the calling and convening of this meeting. First, a notice, proxy statement and proxy, and second, an affidavit from Continental Stock Transfer & Trust Company that such notice, proxy statement and proxy were mailed on June 25, 2026, to the stockholders of record at the close of business on June 15, 2026, that were entitled to notice of the meeting.

Thank you, Emily. I accept these documents as tendered and order that they be filed with the minutes of the meeting. The company has appointed Erica Young to act as Inspector of Elections at this meeting. As inspector, Erica will ascertain the number of shares outstanding and the voting power of each, determine the shares represented at the meeting and the validity of proxies and ballots, count all votes and ballots and certify and declare to this meeting her determination of the number of shares represented at this meeting and her count of all votes and ballots. Will any attendees who have not yet registered their attendance with Continental please register now? Erica, would you please present the attendance report?

Certainly. As election inspector, I report that there are present at this meeting in person and by proxy the holders of at least 109,716,289 shares of the company's common stock out of a total of 131,895,990 shares of common stock outstanding and entitled to vote as of the record date of June 15, 2026. Thus, the holders of approximately 83.18% of the outstanding shares entitled to be voted are present in person or by proxy at this meeting.

On the basis of the report of the Inspector of Election, I declare that a quorum is present and that this meeting is now open for business. Emily, were there any stockholder nominations or proposals for business for this meeting properly filed in advance of this meeting as provided by the bylaws?

No, there were no stockholder nominations or proposals for business for this meeting.

Since no stockholder nominations were properly filed, the business of this special meeting is limited to the previously announced matter in accordance with the provisions of the bylaws. The polls will now be open for the next few minutes with respect to voting on the matter discussed in the proxy statement. Those stockholders who wish to vote during the meeting may vote using the special meeting website and following the instructions found there. As originally set forth in the notice, the first and only scheduled item of business to be conducted is the approval of the reincorporation of the company from the state of Delaware to the state of Texas by conversion, including the plan of conversion and the Texas Reincorporation resolutions. The Board recommends the stockholders vote for approval of the reincorporation of the company from the state of Delaware to the state of Texas. At this time, please proceed to submit your votes pursuant to the online meeting website. [Voting]

Is there anyone still trying to submit votes? If yes, please say so using the field provided for questions in the web portal. The polls for voting on the matters before this special meeting are hereby closed at this time. It now appears that the election inspector is ready to report the results of voting.