PermRock Royalty Trust

PermRock Royalty Trust is a Delaware statutory trust formed on November 22, 2017. The Trust was created to acquire and hold the Net Profits Interest for the benefit of its unitholders. Its affairs are administered by a Trustee. The Trust Agreement, which governs the Trust, was originally dated November 22, 2017, amended and restated on May 4, 2018, and further amended on May 6, 2022. T2S Permian Acquisitions II, LLC, as successor in interest to Boaz Energy II, LLC, serves as the trustor. Simmons Bank served as the trustee for periods prior to December 30, 2022, with offices at 2200 West 7th Street, Suite 210, P.O. Box 470727, Fort Worth, Texas 76147. On December 30, 2022, Argent Trust Company became the successor trustee, maintaining offices at 3838 Oak Lawn Ave, Suite 1720, Dallas, Texas 75219. Neither Boaz Energy nor its successor, T2S, manages the operations of the Trust. They also do not owe any fiduciary duties to the Trust or its unitholders, to the fullest extent permitted by law.