LandBridge 2026 Investor Day March 19, 2026 Disclaimer Forward-Looking Statements This disclaimer applies to this document and the verbal or written comments of any person presenting it. This document, taken together with any such verbal or written comments, is referred to herein as the "presentation." The information in this presentation includes "forward-looking statements." All statements, other than statements of historical fact included in this presentation, regarding our strategy, future operations, f ...

WaterBridge Earnings Presentation Fourth Quarter and Fiscal Year 2025 Disclaimers Forward-Looking Statements The information in this presentation includes "forward-looking statements" within the meaning of U.S. Federal securities laws. All statements, other than statements of historical fact included in this presentation, regarding our strategy, future operations, financial position, estimated revenues and losses, projected costs, commercial opportunities, plans and objectives of management are forward-look ...

Financial Performance - WaterBridge reported strong third quarter combined produced water handling volumes of approximately 2.5 million barrels per day, a 7% quarterly increase[8] - The company's third quarter pro forma revenue reached $205.5 million, accompanied by a pro forma net loss of $18.7 million, and a pro forma Adjusted EBITDA of $105.7 million[8] - Pro Forma Adjusted EBITDA Margin was 51%[18] Capital Structure and Investments - WaterBridge completed the largest energy-sector IPO since 2019, establishing a publicly-traded pure-play water infrastructure company with a market capitalization of approximately $3.0 billion[8] - The company streamlined its balance sheet by closing an inaugural $1.425 billion senior notes offering in October 2025[8] - WaterBridge commenced construction on the first phase of the Speedway pipeline project[8] Assets and Operations - WaterBridge possesses approximately 2,500 miles of pipeline and 197 produced water handling facilities[10] - The company's produced water handling capacity exceeds 4.5 million barrels per day[10] - WaterBridge has acreage dedications of approximately 2.5 million acres[10] Future Growth and Strategy - The Speedway Pipeline project is expected to be online by mid-2026[30] - By 2035, approximately 9 million barrels per day of incremental produced water handling capacity will be needed[42]

Table of Contents As filed with the U.S. Securities and Exchange Commission on June 24, 2024 Registration No. 333-279893 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Amendment No. 3 to FORM S-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 LandBridge Company LLC (Exact Name of Registrant as Specified in its Charter) (State or other jurisdiction of incorporation or organization) Delaware 6792 93-3636146 (Primary Standard Industrial Classification Code Number) (I.R.S. Empl ...