Investor Presentaiton

Source: (1) An Unmatched Oil and Gas Investment Summary Investment Highlights Performance Through the Cycle 10-year Average Annual Total Return (1) TEXAS EST. 1888 PACIFIC TEXAS EST 1888 PACIFIC LAND CORT ETF of the Permian Basin Synergistic Business Segments Focus on Return On and Of Capital Sustained Profitability and Pristine Balance Sheet Significant Upside LAND CORP W Nasdaq (Composite) S&P 500Ⓡ WTI Oil (1%) S&P Oil & Gas (3%) E&P Index Bloomberg. Based on compounded total shareholder return from January 2013 to December 2022. 15% 13% NYSE: TPL 16 47%

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