Tamboran Resources (TBN) investor relations material

Executive summary

• Special Meeting scheduled for January 13, 2026, to vote on 15 proposals, primarily related to recent equity issuances and PIPE financing.

• Proposals include ratification of a public offering, approval of PIPE financing, and issuance of shares to directors, officers, employees, and investors.

• All proposals are unanimously recommended for approval by the board of directors.

• Voting will be conducted virtually, with detailed instructions for stockholders and CDI holders.

• Forward-looking statements highlight operational, financial, and regulatory risks, including capital needs, project execution, and environmental compliance.

Voting matters and shareholder proposals

• Proposal 1: Ratification of 2,673,111 shares issued in a public offering at $21.00 per share, raising $56.1 million.

• Proposal 2: Approval of October 2025 PIPE Financing, issuing 1.52 million shares for $32.01 million.

• Proposals 3–13: Approval of 418,962 shares to related parties (directors, officers, family) under PIPE financing.

• Proposal 14: Approval of 1,105,415 shares to non-affiliated PIPE investors, raising $23.21 million.

• Proposal 15: Approval of 349,459 shares to directors, officers, and employees as part of PIPE financing.

• Voting exclusions apply to related parties and participants in the offerings.

Board of directors and corporate governance

• Board fixed November 14, 2025, as the record date for voting eligibility.

• Board recommends voting in favor of all proposals and provides detailed voting procedures.

• Security ownership table discloses major shareholders and director/officer holdings as of November 14, 2025.