Current Report · Items 8.01, 9.01 · 8-K

Greenland Energy Company

GLNDNASDAQEQUITYCurrent

Other Events

Filed Jul 6, 2026Accepted Jul 6, 2026, 6:02 AM EDTCIK 2093507Accession 0001829126-26-007235

Company context

We are an exploration-stage oil and gas company led by a team of industry veterans and bolstered by a deep bench of consultants with decades of experience in the energy and natural resources industries. Our primary mission is to unlock the frontier hydrocarbon potential of the Jameson Land Basin in East Greenland, a 2-million-acre onshore licensed area through application of modern exploration technologies. With an estimated 13.03 billion barrels of gross un-risked recoverable oil, we are leveraging strategic partnerships to execute the first modern onshore drilling campaign in the region, slated for 2026. March GL, our wholly-owned subsidiary, holds rights under exclusive licenses held by third parties to an over 2-million-acre area located in the Jameson Land region of East Greenland, where its licenses cover the majority of the basin. As of October 2025, independent resource estimates prepared by Sproule ERCE indicate that March GL’s licenses hold the potential resources of 13 billion barrels of oil (an estimate of the 3U gross un-risked prospective recoverable oil). The Jameson Land Basin is located in central eastern Greenland, forming a large onshore sedimentary basin within the Jameson Land peninsula. This peninsula lies along the southeastern continental margin of East Greenland, primarily between approximately 70°N and 72°N latitude. The basin represents one of the last remaining undrilled North Atlantic Margin basins and covers a structurally complex area with signi

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Disclosure sections

Items 8.01, 9.01

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Item 8.01Item 8.01 - Other Events

Item 8.01. Other Events On July 3, 2026, the Board of Directors (the “Board”) of Greenland Energy Company, a Texas corporation (the “Company”), approved the designation of Mr. Roderick McIllree with the board-level title of “Managing Director” of the Company, effective as of July 3, 2026. The designation is not an appointment as an officer or employee of the Company under Article V of the Company’s Amended & Restated Bylaws or under the Texas Business Organizations Code (the “TBOC”). In his capacity as Managing Director, Mr. McIllree will provide Board-level strategic oversight and direction with respect to the Company’s activities in Greenland, with a primary focus on permitting, regulatory engagement and stakeholder relations in support of the Company’s planned exploration program at the Jameson Land Basin project in East Greenland (the “Jameson Project”). Mr. McIllree will serve as the Board’s principal point of contact for the Company’s interactions with Greenlandic authorities and local stakeholders, including with respect to the Environmental Impact Assessment, Social Impact Assessment, field activities application and drilling permit processes, which the Company intends to conduct in accordance with, and with respect for, applicable Greenland regulations. Mr. McIllree currently serves as an independent, non-employee member of the Board. The Board has determined that Mr. McIllree’s designation as Managing Director (a) does not constitute an appointment as an “officer” of the Company within the meaning of Article V of the Company’s Amended & Restated Bylaws, Section 1.002(61) of the TBOC, or Rule 16a-1(f) under the Securities Exchange Act of 1934, as amended (the “Exchange Act”), (b) does not establish an employment relationship between Mr. McIllree and the Company, (c) does not affect Mr. McIllree’s status as an “independent director” under Rule 10A-3 of the Exchange Act and applicable stock exchange listing standards, including NASDAQ Listing Rule 5605(a)(2), and (d) does not disqualify Mr. McIllree from service on any committee of the Board for which independence is required. Mr. McIllree will not receive any salary, wages, or other employee compensation in connection with his designation as Managing Director; any compensation paid to Mr. McIllree in connection with his service in such capacity will be paid solely in the form of director fees or other non-employee director compensation as approved by the Board or an authorized committee thereof.