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Eagle Ford Upside Overview Permian Eagle Ford Core Area(s) Eagle Ford Bexar Wilson Hays Bastrop Caldwell Fayette Guadalupe Atasco A Kames O A Active Rigs • KRP Permits Bee KRP DUCS Dak Other Rigs KRP Acreage Gonzales Lavaca 0 PO De Witt Goliad Victoria Black Oil Volatile Oil Condensate Wet Gas Dry Gas Source: Enverus as of 6/30/2021. Gross horizontal wells per DSU from internal reserves database as of 3/31/2021, DSU sizes vary. As of 3/31/2021. (1) 24 24 (2) (3) As of 6/30/2021. Haynesville Other Basins Defining Basin Potential and Inventory Eagle Ford development spacing defined by geology and development trends by surrounding operators Average of 6.9 gross wells/DSU(1) Only a single bench in the Eagle Ford was quantified to stay with a conservative yet reasonable underwriting approach Potential for additional upside with "wine-racking" well placement in multiple Eagle Ford benches as well as unquantified formations such as the Austin Chalk 1,846 gross / 17.3 net (100% NRI) upside locations remain in undrilled inventory(2) 71 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 Austin Chalk Eagle Ford Buda Pearsall Basin Contribution to KRP Portfolio • 3 rigs running on KRP's Eagle Ford acreage as of June 30, 2021 • Eagle Ford production represents 10% of the 2Q 2021 portfolio (Boe 6:1) KRP boasts a high concentration of undrilled inventory in the prolific "Karnes trough" Eagle Ford is currently 25% of KRP's net undrilled inventory with a production mix that consists of 69% liquids KIMBELL ROYALTY PARTNERS

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