Investor Presentaiton

Haynesville Upside Overview Permian Haynesville Core Area(s) Eagle Ford AA Panola Caddo A Bossier Webster Bienville AA Red River De Soto A Active Rigs Natchitoches • KRP Permits Sabine KRP DUCS Other Rigs KRP Acreage Source: Enverus as of 6/30/2021. Gross horizontal wells per DSU from internal reserves database as of 3/31/2021, DSU sizes vary. (1) 26 (2) As of 3/31/2021. (3) As of 6/30/2021. Haynesville Other Basins Defining Basin Potential and Inventory Haynesville development spacing defined by geology and development trends by surrounding operators Average of 5.9 gross wells/DSU(1) In the core areas shown in the map, only Haynesville upside locations were quantified Potential for additional upside in other formations such as middle Bossier and Cotton Valley sands 1,309 gross / 17.0 net (100% NRI) upside locations remain in undrilled inventory(2) 73 gross / 0.3 net DUCs have been identified on KRP's major acreage (3) 1 mile 1-2 miles 640-1,280 acre DSU Unquantified Upside Unquantified Upside Unquantified Upside Unquantified Upside James Lime Cotton Valley Mid Bossier Haynesville Smackover Basin Contribution to KRP Portfolio • 11 rigs running on KRP's Haynesville acreage as of June 30, 2021 • Haynesville production represents 25% of the 2Q 2021 portfolio (Boe 6:1) Average undeveloped NRI of 1.3% (3) Haynesville is currently 22% of KRP's total rig inventory, and 25% of the net undeveloped inventory KIMBELL ROYALTY PARTNERS

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