Source Rock Royalties (SRR) Corporate presentation summary

Corporate structure and financial position

• 45.6 million common shares outstanding, fully diluted to 48.4 million shares, with over 10% insider ownership and 20% held by a major pension fund.

• No debt and $4.5 million in working capital, supporting a monthly dividend of $0.0065 per share ($0.078 annually).

• Insiders have consistently bought shares at an average cost of ~$0.90, with no insider sales.

Business model and strategy

• Operates as a pure-play oil and gas royalty company, insulated from capital costs, abandonment, and environmental liabilities.

• Focuses on acquiring interests in proven, long-life reserves with top-tier operators, maximizing exposure to upside without additional costs.

• Maintains a scalable, low-cost structure with minimal management overhead.

Management and governance

• Led by experienced professionals with backgrounds in law, finance, geology, and engineering.

• Board and committees are largely independent, ensuring strong governance and oversight.

• Technical advisor provides over 50 years of reserves evaluation expertise.