Hemisphere Energy Grants Incentive Restricted Share Units and Stock Options

Core Viewpoint - Hemisphere Energy Corporation has approved grants of incentive restricted share units (RSUs) and stock options to enhance employee and director compensation and align their interests with shareholders [1]. Restricted Share Units - The Company has a Restricted Share Unit Plan that allows RSUs to be granted to directors, employees, and contractors, with the option to redeem them for cash or common shares [2]. - On December 12, 2025, Hemisphere awarded 930,000 incentive RSUs to its directors and officers, which will vest one-third annually over three years and expire on December 15, 2028 [3]. Stock Options - Hemisphere granted 48,000 incentive stock options to its investor relations service provider on December 15, 2025, with an exercise price of $2.01 per share, vesting quarterly over 12 months and expiring on December 15, 2030 [4]. Company Overview - Hemisphere Energy Corporation is a dividend-paying Canadian oil company focused on maximizing value-per-share growth through sustainable development of its high netback, ultra-low decline conventional heavy oil assets using polymer flood enhanced oil recovery methods [5].