Transaction Details

Footnotes

Represents a bona fide gift by the reporting person of 34,944 common units representing limited partner interests in Kimbell Royalty Partners, LP ("Common Units") to a trust for the benefit of the reporting person's spouse and children. The Common Units were previously owned directly by Westside Energy, LLC. The reporting person is the manager of Westside Energy, LLC and as a result is deemed to beneficially own his pro rata portion of the Common Units that are held directly by Westside Energy, LLC. | Represents a bona fide gift by the reporting person's spouse of 34,944 Common Units to a Spousal Lifetime Access Trust ("SLAT"). The reporting person is trustee of the SLAT and retains investment authority over the Common Units. The Common Units were previously owned directly by Westside Energy, LLC. The reporting person is the manager of Westside Energy, LLC and as a result is deemed to beneficially own his pro rata portion of the Common Units that are held directly by Westside Energy, LLC. | Includes 35,030 Common Units that, as reported in the reporting person's Form 4 on February 27, 2025, were previously reported as indirectly held by Brazos Minerals, L.L.C. These Common Units were incorrectly reported as indirectly owned in the reporting person's Form 4s filed on March 5, 2025 and May 16, 2025, which resulted in double counting of the Common Units in those reports. This Form 4 corrects the double counting by reporting the Common Units only as directly held by the reporting person. | These Common Units are owned directly by Kimbell GP Holdings, LLC. The reporting person is the sole member of Rochelle Royalties, LLC, a member of Kimbell GP Holdings, LLC. | These Common Units are owned directly by Princeton Royalties, LLC. The reporting person is the manager and a member of Westside Energy, LLC, a member of Princeton Royalties, LLC.