I. Jon Brumley has served as the Executive Chairman of Bounty Minerals since its formation in June 2022 and as the Chief Executive Officer of Bounty LLC since its formation. Mr. Brumley began his energy career with Southland Royalty Company (“Southland”), becoming its President in1974. Leaving in 1985 after Southland sold to Burlington Northern Railroad, Mr. Brumley co-founded Cross Timbers Oil Company (later to become XTO Energy) in 1986. Leaving in 1996, and until 1998, Mr. Brumley was the Chairman and Chief Executive Officer of Mesa Petroleum until it merged with Parker Parsley to form Pioneer Natural Resources. In 1998, Mr. Brumley co-founded Encore Acquisition Company, selling in 2010 to Denbury Inc. Mr. Brumley has been a key part of listing seven companies on the NYSE and a founder in all but two. Mr. Brumley earned his BBA in Business Administration at the University of Texas in Austin, and his MBA from the Wharton School of the University of Pennsylvania.

Mr. Brumley has served on various boards and committees, including Texas Heart Institute, and currently serves on MD Anderson’s Board of Visitors and the Fort Worth Stock Show and Rodeo Board as an Executive Committee Member. Mr. Brumley is well qualified to serve on our board of directors due to his knowledge of the industry and leadership of our company since its inception.

Tracie Palmer has served as our Chief Executive Officer and President since the formation of Bounty Minerals in June 2022 and has served as Bounty LLC’s President since December of 2019. Ms. Palmer started with Bounty LLC in May of 2013 as Vice President of Land before being appointed Executive Vice President of Operations in January of 2019. During Ms. Palmer’s tenure at Bounty LLC, under the tutelage of I. Jon Brumley, she has been responsible for various duties within the organization including business development, acquisitions, lease negotiations, asset management, legal, title and regulatory analysis, investor relations, human resources and corporate strategy. Ms. Palmer has 19 years of industry experience, beginning with Encore Energy Partners in 2003, and 12 years of public company experience including both Encore Operating Company and Vanguard Natural Resources after their merger with Encore in December of 2011. Ms. Palmer received her Professional Land Management Certification from Texas Christian University Energy Institute and graduated from the University of Texas at Arlington with a Bachelors of Business Administration.

Branden Kennedy has served as Chief Financial Officer forBounty Minerals and Bounty LLC since June 2022. Mr. Kennedy brings years of experience in the energy sector, having been a part of both private and public energy investments throughout the upstream and midstream segments of oil and gas. Prior to joining Bounty LLC, he served as Chief Financial Officer for Venado Oil & Gas from 2018 to 2022, where he was responsible for accounting, finance, marketing, business development and human resources. He also previously served as Vice President of CapitalMarkets/Finance at Laredo Petroleum from 2008 to 2018. While with Laredo Petroleum, Mr. Kennedy led various responsibilities for the company, including: Investor Relations, Capital Markets, Corporate Finance, Risk Management and Treasury. Mr. Kennedy has also served on the Board of Directors for Venado Oil & Gas and Medallion Midstream LLC, a private midstream organization. Additionally, Mr. Kennedy previously served on the Energy Business Advisory Board for the University of Tulsa. Mr. Kennedy has Bachelor of Sciences and Master of Business Administration degrees at Oklahoma State University, and also holds a Master of Energy Business degree from the University of Tulsa.