Investor Presentaiton

Return of Capital to Shareholders Cumulative Return of Capital ($ in millions, except average WTI prices) $98 $95 $94 $93 $79 $65 $57 $49 $51 $43 $39 $201.7 $95 $68 $335.1 $87.8 $105.2 $247.3 $201.7 $19.9 $70.0 $50.9 $44.9 $24.5 $25.2 $25.2 $31.2 $35.6 $38.4 $4.3 $85.3 $12.7 $18.0 $34.2 $46.6 $31.6 $10.7 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 Dividends Share Repurchases -Average WTI Price ($/bbl) Source: Company data and Bloomberg. TEXAS EST 18881 PACIFIC LAND CORT NYSE: TPL 15

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