4 4 8 COMPENSATION PROGRAM HIGHLIGHTS AND BEST PRACTICES 9 E E l e m e n t s s o f c o m p e n s a t i o n Only base salary guaranteed Majority of incentive compensation is share based Majority of share-based incentive compensation has performance-vesting criteria Stock option grants have been discontinued since 2020 Incentive compensation awards have maximum cap 9 D e f i n e d o b j e c t i v e p e r f o r m a n c e m e t r i c s Relative TSR Resource Replacement per Share Book Value Growth per Share G&A per GEO 9 E S G G f o c u s Executive compensation is directly tied to ESG performance 9 D e f i n e d c o r p o r a t e g o a l s s f o r c o m p e n s a t i o n p r o g r a m Performance Growth Proactive ESG Leadership Margins Risk Management 9 A d d i t i o n a l b e s t p r a c t i c e s CEO compensation look-back provided Employment agreements contain double-trigger change of control clauses Anti-hedging policy in place Clawback arrangements in place Share ownership requirements for executives 9 A d d i t i o n a l a l i g n m e n t t w i t h s h a r e h o l d e r s Performance-based RSUs multiplier subject to formula based on outperformance/underperformance against Corporation-adopted performance index Leadership team share ownership significantly above requirements of share ownership policy