Texas Pacific Land Corporation (TPL) Proxy filing summary

Executive summary

• Board supports redomestication from Delaware to Texas, for shareholder consideration at the Nov. 5, 2026 annual meeting.

Voting matters and shareholder proposals

• Shareholders will vote on the proposed move from Delaware to Texas at the Nov. 5, 2026 annual meeting.

Board of directors and corporate governance

• Board considers Texas the appropriate corporate home: headquarters, management, employees, operations and virtually all land holdings are in Texas; it is the state’s largest private landowner.

• Board cited no meaningful Delaware connection beyond the state of incorporation.