VOC Energy Trust (VOC) investor relations material

Executive summary

• Q2 2026 net profits interest income was $1.70M, down from $2.48M YoY; distributable income fell 26.9% to $1.615M, or $0.095 per unit.

• H1 2026 distributable income was $3.145M, down 14.0% YoY; a subsequent distribution of $4.76M, or $0.28 per unit, was announced for payment August 14, 2026.

Financial highlights

• Q2 oil and gas gross proceeds were $6.21M, down 20.5% YoY; H1 proceeds were $12.71M, down 17.3%.

• Q2 80% net profits interest income was $1.701M vs. $2.485M; H1 was $3.287M vs. $4.384M.

• Q2 distributable income was $1.615M vs. $2.210M, with distributions of $0.095 vs. $0.13 per unit; H1 was $3.145M vs. $3.655M, or $0.185 vs. $0.215 per unit.

• June 30 cash and cash equivalents were $1.529M; total assets and trust corpus were $9.070M.

Outlook and guidance

• The next distribution is $4.760M, or $0.28 per unit, payable August 14, 2026 to unitholders of record July 30.

• Mature-field properties are expected to have costs broadly consistent with recent history, except for fluctuations in oilfield-services costs; up to $1.0M may be reserved for development, maintenance or operating costs.

• The net profits interest ends on the later of December 31, 2030 or production and sale of 10.6 MMboe from the underlying properties.