Genel Energy Grants Performance Share Awards to Key Executives

On March 30, 2026, Genel Energy PLC announced the granting of nil-cost options under the 2021 Performance Share Plan (PSP) to several executives. CEO Paul Weir received options for 1,423,532 shares, bringing his total to 4,551,401 shares. CFO Luke Clements was granted 656,521 shares, raising his total to 2,042,924 shares. Technical Director Mike Adams received options for 665,543 shares, resulting in a total of 2,140,496 shares.

Additionally, Paul Weir deferred part of his 2025 CEO cash bonus into shares under the Deferred Bonus Plan (DBP), amounting to 242,100 shares. These awards are scheduled to become exercisable following a performance period, with provisions extending to the tenth anniversary of the grant date.