Granite Ridge Investor Presentation Deck

Overview Assets Strategy & Execution YE2022 SEC Reserves Summary 1 Reserve Category PDP PDNP PUD Total Proved Reserves Net Reserves by Hydrocarbon 1. ■Oil Gas Bakken ■Permian ■DJ PV-10 by Region 50% ■ Eagle Ford ■Haynesville 16% ~51 MMBoe 7% 10% 10% -$1.6 BN 50% 57% Oil (MBbls) 15,376 338 9,780 25,494 Net Reserves by Category PDP PDNP PUD PDP PDNP PUD 39% Gas (MMcf) 89,418 1,616 59,205 150,239 1% 34% Netherland, Sewell & Associates, Inc. reserves as of 12/31/2022 at SEC pricing. -51 MMBoe PV-10 by Category 1% 60% -$1.6 BN 65% Equivalent (Mboe) 30,279 607 19,648 50,534 ■ PERMIAN ■BAKKEN Proved PV-10 by Operator EOG EAGLE FORD HAYNESVILLE ■ DJ BASIN ROSEWOOD MEWBOURNE HENRY RESOURCES EXCO CHORD ENERGY COMSTOCK PDC ENERGY ENDEAVOR PV10% ($M) $1,008,786 21,779 528,558 $1,559,123 NOVO Appendix $79 $79 $74 $72 $67 $64 $169 $133 $126 D $264 GRANITE RIDGE 22

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