Investor Presentaiton

High Return and Durable Inventory Across Portfolio Granite Ridge's deep bench of attractive inventory is resilient across hydrocarbon prices 200% + 150% 100% 50% --% SINGLE WELL IRRS AT $80 WTI 100 200 300 ■Permian ■Bakken 400 Gross Inventory¹ Eagle Ford 500 600 700 800 ■Haynesville ■ DJ Basin SINGLE WELL IRRS AT $60 WTI 200% + 150% 100% 50% --% 100 200 300 ■Permian ■Bakken 400 Gross Inventory1 Eagle Ford 500 600 700 800 ■Haynesville ■ DJ Basin Source: Internal reserves utilizing $80.00/Bbl WTI and $4.00/MMBtu HHUB and $60.00/Bbl WTI and $3.50/MMBtu HHUB 1. Includes AFE and Undeveloped inventory GRANITE RIDGE 5

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