Amanda Coussens

About Amanda Coussens

Amanda N. Coussens (age 44) is an independent Class III director of Granite Ridge Resources (GRNT), serving since 2022; she was re-elected on May 23, 2025 for a term through the 2028 annual meeting . She is CFO and Chief Compliance Officer of P10, Inc. (NYSE: PX), a public asset manager with >$20B AUM, and is a CPA with a B.A. in Accounting (honors) from the University of Houston .

Past Roles

External Roles

Board Governance

• Independence: Board has affirmatively determined Coussens is independent under NYSE rules; Audit Committee is entirely independent .
• Committee assignments:
  • Audit Committee: Chair; financial expert designation
  • Compensation Committee: Non-voting member
  • Conflicts Committee: Member
  • ESG Committee: Member
• Attendance and engagement: All incumbent directors, including Coussens, attended 100% of Board and committee meetings in 2024; independent directors held executive sessions at all four regular meetings, presided by Lead Independent Director John McCartney .
• Board context: GRNT is a “controlled company” (Voting Agreement parties ~50%); the Board avails itself of controlled company exemptions but maintains ESG and Compensation Committees .
• Hedging: Company prohibits short sales and hedging/monetization transactions by directors/officers .

Fixed Compensation

Notes:

• Standard director package: $75,000 annual cash retainer; $75,000 annual equity grant vesting in one year; Audit Chair additional $15,000 cash retainer .
• One-time initial equity grant ($100,000) for independent directors in January 2023 .

Performance Compensation

• No performance-based equity is disclosed for directors; annual director equity is time-based restricted stock vesting after one year .

Other Directorships & Interlocks

Expertise & Qualifications

• Certified Public Accountant; designated “audit committee financial expert” by GRNT’s Board .
• Deep finance, accounting, SEC reporting, and energy private equity experience; public-company CFO background .
• University of Houston B.A. Accounting, honors .

Equity Ownership

• Company insider trading policy prohibits short sales and hedging; no pledging disclosed .
• Beneficial ownership percentages based on 131,134,671 shares outstanding as of March 25, 2025 .

Governance Assessment

• Strengths:
  • Independent Audit Chair with CPA and “financial expert” designation; 100% meeting attendance; active roles on Conflicts and ESG committees .
  • Strong shareholder support: re-elected in 2025 with 104,845,291 votes for vs. 1,968,473 withheld (broker non-votes 5,658,082) .
  • Hedging prohibited; clear committee charters and executive sessions led by Lead Independent Director .
• Watch items / potential conflicts:
  • Controlled company status concentrates voting power among Grey Rock affiliates; continued use of NYSE controlled-company exemptions .
  • Management Services Agreement (MSA) with Manager affiliated with four directors; Conflicts Committee oversight is crucial; GRNT paid ~$10.4M in 2024 under MSA and divested $7.5M properties to a Manager affiliate—independents (including Coussens) on Conflicts Committee mitigate but related-party risk persists .
  • Auditor Forvis Mazars also audits Grey Rock funds; Audit Committee must vigilantly evaluate independence and non-audit services (which it reports it did) .

Voting Results (2025 Election)

Insider Trades

• The proxy’s Section 16 compliance disclosure noted one untimely Form 4 by John McCartney; no delinquent filings were attributed to Amanda Coussens. The proxy does not enumerate Amanda’s Form 4 activity .

Related-Party Transactions (Context)

Say-on-Pay & Shareholder Feedback (Context)

• As an emerging growth company, GRNT is not required to hold say-on-pay votes; the company uses scaled executive compensation disclosures .