BRIEF

on Gulf Keystone Petroleum Ltd (isin : BMG4209G2077)

Gulf Keystone Announces PDMR Share Transactions and DBP Awards

On April 1, 2026, Gulf Keystone Petroleum Ltd. disclosed several managerial transactions concerning the Deferred Bonus Plan (DBP) and Long Term Incentive Plan (LTIP). Jon Harris, CEO, and Gabriel Papineau-Legris, CFO, exercised vested share awards granted in 2023. Jon Harris sold a portion of 264,428 vested awards to cover tax liabilities, retaining 139,710 shares. Gabriel Papineau-Legris sold part of his 72,701 awards, keeping 38,411 shares.

Additional awards were issued under the DBP on March 26, 2026, with vesting expected by 2029. Jon Harris received 87,180 new awards, and Gabriel Papineau-Legris 53,828. Furthermore, other PDMRs such as Alasdair Robinson and John Hulme conducted transactions, with significant sales occurring to satisfy tax obligations. The company's voting rights remain at 217,543,373, with no new shares issued.

R. H.

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