| Name | Relationship | Address | Signature | Signature date | CIK |
|---|---|---|---|---|---|
| Sheffield Bryan | 10%+ Owner | 300 COLORADO STREET, SUITE 1900, AUSTIN | /s/ Bryan Sheffield | 21 Jan 2026 | 0001606914 |
| Sheffield Holdings, LP | 10%+ Owner | 300 COLORADO STREET, SUITE 1900, AUSTIN | Sheffield Holdings, LP, By: Spraberry Interests, LLC, its general partner, By: /s/ Bryan Sheffield, President | 21 Jan 2026 | 0002027828 |
| Spraberry Interests, LLC | 10%+ Owner | 300 COLORADO STREET, SUITE 1900, AUSTIN | Spraberry Interests, LLC, By: /s/ Bryan Sheffield, Manager | 21 Jan 2026 | 0002027822 |
| Daly Waters Energy, LP | 10%+ Owner | 300 COLORADO STREET, SUITE 1900, AUSTIN | Daly Waters Energy, LP, By: Formentera Australia Fund I GP, LP, its general partner, By: Formentera Investments LLC, its general partner, By: /s/ Bryan Sheffield, Managing Member | 21 Jan 2026 | 0002027837 |
| Formentera Australia Fund I GP, LP | 10%+ Owner | 300 COLORADO STREET, SUITE 1900, AUSTIN | Formentera Australia Fund I GP, LP, its general partner, By: Formentera Investments LLC, its general partner, By: /s/ Bryan Sheffield, Managing Member | 21 Jan 2026 | 0002027922 |
| Formentera Investments LLC | 10%+ Owner | 300 COLORADO STREET, SUITE 1900, AUSTIN | Formentera Investments LLC, By: /s/ Bryan Sheffield, Managing Member | 21 Jan 2026 | 0002027820 |
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | TBN | Common Stock | Award | $2,806,755 | +133,655 | +4.3% | $21.00 | 3,257,256 | 16 Jan 2026 | See footnote | F1, F2, F3 |
| Id | Content |
|---|---|
| F1 | The shares were issued to the Bryan S. Sheffield Spousal Lifetime Access Trust ("BSS SLAT") in a private placement (the "PIPE Investment") pursuant to that certain subscription agreement, dated October 24, 2025, by and between the Issuer and BSS SLAT. The consummation of the PIPE Investment was subject to certain customary conditions to closing, including the approval of the Issuer's stockholders. The closing conditions were satisfied and the PIPE Investment closed on January 16, 2026. |
| F2 | Represents 2,247,404 securities held directly by Sheffield Holdings, LP ("Sheffield Holdings"), 876,197 securities held directly by Daly Waters Energy, LP ("Daly Waters"), and 133,655 securities held directly by BSS SLAT. Spraberry Interests, LLC ("Spraberry Interests") is the general partner of Sheffield Holdings. Bryan Sheffield is the manager of Spraberry Interests. As a result, each of Mr. Sheffield and Spraberry Interests may be deemed to share beneficial ownership of the shares held directly by Sheffield Holdings. Formentera Australia Fund I GP, LP ("Formentera Australia") is the general partner of Daly Waters. Formentera Investments LLC ("Formentera Investments") is the general partner of Formentera Australia. Bryan Sheffield is the managing member of Formentera Investments. |
| F3 | (Continued from footnote 2) As a result, each of Mr. Sheffield, Formentera Australia and Formentera Investments may be deemed to share beneficial ownership of the shares held directly by Daly Waters. Each Reporting Person disclaims beneficial ownership of the securities reported herein, except to the extent of its or his pecuniary interest therein, if any. |