Black Stone Minerals, L.P. 2025-2026 Proxy Voting Records

Description as filed by funds: To elect directors to the Board, each to serve until the 2027 Annual Meeting of Limited Partners of the Partnership and thereafter until such director's successor shall have been duly elected and qualified, or until such director's earlier death, resignation, or removal: Thomas L. Carter, Jr.

Black Stone Minerals, L.P.’s own tally for this item (“Elect Director: Thomas L. Carter, Jr.....................................................”): 75,261,407 for, 2,665,427 withheld, per its Form 8-K filed June 16, 2026 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: Elected, in the filing’s own words: “Proposal 1 – Election of Directors Each of the twelve nominees for director was duly elected by the Partnership's unitholders, with votes as follows:”
Support: 97% of votes cast — FOR ÷ (FOR + WITHHELD); abstentions and broker non-votes are excluded.

The 14 asset managers below reported 5,362,818 for.

Description as filed by funds: To elect directors to the Board, each to serve until the 2027 Annual Meeting of Limited Partners of the Partnership and thereafter until such director's successor shall have been duly elected and qualified, or until such director's earlier death, resignation, or removal: William E. Randall

Black Stone Minerals, L.P.’s own tally for this item (“Elect Director: William E. Randall.......................................................”): 75,087,213 for, 2,833,771 withheld, per its Form 8-K filed June 16, 2026 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: Elected, in the filing’s own words: “Proposal 1 – Election of Directors Each of the twelve nominees for director was duly elected by the Partnership's unitholders, with votes as follows:”
Support: 96% of votes cast — FOR ÷ (FOR + WITHHELD); abstentions and broker non-votes are excluded.

The 14 asset managers below reported 5,354,491 for, 8,327 abstained.

Description as filed by funds: To elect directors to the Board, each to serve until the 2027 Annual Meeting of Limited Partners of the Partnership and thereafter until such director's successor shall have been duly elected and qualified, or until such director's earlier death, resignation, or removal: Alexander D. Stuart

Black Stone Minerals, L.P.’s own tally for this item (“Elect Director: Alexander D. Stuart......................................................”): 74,316,776 for, 3,604,208 withheld, per its Form 8-K filed June 16, 2026 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: Elected, in the filing’s own words: “Proposal 1 – Election of Directors Each of the twelve nominees for director was duly elected by the Partnership's unitholders, with votes as follows:”
Support: 95% of votes cast — FOR ÷ (FOR + WITHHELD); abstentions and broker non-votes are excluded.

The 14 asset managers below reported 5,354,491 for, 8,327 abstained.

Description as filed by funds: To elect directors to the Board, each to serve until the 2027 Annual Meeting of Limited Partners of the Partnership and thereafter until such director's successor shall have been duly elected and qualified, or until such director's earlier death, resignation, or removal: James W. Whitehead

Black Stone Minerals, L.P.’s own tally for this item (“Elect Director: James W. Whitehead.....................................................”): 74,727,188 for, 3,205,538 withheld, per its Form 8-K filed June 16, 2026 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: Elected, in the filing’s own words: “Proposal 1 – Election of Directors Each of the twelve nominees for director was duly elected by the Partnership's unitholders, with votes as follows:”
Support: 96% of votes cast — FOR ÷ (FOR + WITHHELD); abstentions and broker non-votes are excluded.

The 14 asset managers below reported 5,362,818 for.

Description as filed by funds: To elect directors to the Board, each to serve until the 2027 Annual Meeting of Limited Partners of the Partnership and thereafter until such director's successor shall have been duly elected and qualified, or until such director's earlier death, resignation, or removal: Fowler T. Carter

Black Stone Minerals, L.P.’s own tally for this item (“Elect Director: Fowler T. Carter...........................................................”): 74,710,047 for, 3,217,287 withheld, per its Form 8-K filed June 16, 2026 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: Elected, in the filing’s own words: “Proposal 1 – Election of Directors Each of the twelve nominees for director was duly elected by the Partnership's unitholders, with votes as follows:”
Support: 96% of votes cast — FOR ÷ (FOR + WITHHELD); abstentions and broker non-votes are excluded.

The 14 asset managers below reported 5,362,818 for.

Description as filed by funds: To elect directors to the Board, each to serve until the 2027 Annual Meeting of Limited Partners of the Partnership and thereafter until such director's successor shall have been duly elected and qualified, or until such director's earlier death, resignation, or removal: H. Taylor DeWalch

Black Stone Minerals, L.P.’s own tally for this item (“Elect Director: H. Taylor DeWalch......................................................”): 75,387,390 for, 2,533,944 withheld, per its Form 8-K filed June 16, 2026 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: Elected, in the filing’s own words: “Proposal 1 – Election of Directors Each of the twelve nominees for director was duly elected by the Partnership's unitholders, with votes as follows:”
Support: 97% of votes cast — FOR ÷ (FOR + WITHHELD); abstentions and broker non-votes are excluded.

The 14 asset managers below reported 5,362,818 for.

Description as filed by funds: To elect directors to the Board, each to serve until the 2027 Annual Meeting of Limited Partners of the Partnership and thereafter until such director's successor shall have been duly elected and qualified, or until such director's earlier death, resignation, or removal: Carin M. Barth

Black Stone Minerals, L.P.’s own tally for this item (“Elect Director: Carin M. Barth.............................................................”): 74,715,644 for, 3,215,340 withheld, per its Form 8-K filed June 16, 2026 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: Elected, in the filing’s own words: “Proposal 1 – Election of Directors Each of the twelve nominees for director was duly elected by the Partnership's unitholders, with votes as follows:”
Support: 96% of votes cast — FOR ÷ (FOR + WITHHELD); abstentions and broker non-votes are excluded.

The 14 asset managers below reported 5,354,491 for, 8,327 abstained.

Description as filed by funds: To elect directors to the Board, each to serve until the 2027 Annual Meeting of Limited Partners of the Partnership and thereafter until such director's successor shall have been duly elected and qualified, or until such director's earlier death, resignation, or removal: D. Mark DeWalch

Black Stone Minerals, L.P.’s own tally for this item (“Elect Director: D. Mark DeWalch........................................................”): 65,571,752 for, 12,360,912 withheld, per its Form 8-K filed June 16, 2026 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: Elected, in the filing’s own words: “Proposal 1 – Election of Directors Each of the twelve nominees for director was duly elected by the Partnership's unitholders, with votes as follows:”
Support: 84% of votes cast — FOR ÷ (FOR + WITHHELD); abstentions and broker non-votes are excluded.

The 14 asset managers below reported 226,060 for, 5,128,431 withheld, 8,327 abstained.

Description as filed by funds: To elect directors to the Board, each to serve until the 2027 Annual Meeting of Limited Partners of the Partnership and thereafter until such director's successor shall have been duly elected and qualified, or until such director's earlier death, resignation, or removal: Anne L. Hamman

Black Stone Minerals, L.P.’s own tally for this item (“Elect Director: Anne L. Hamman.........................................................”): 75,651,794 for, 2,575,034 withheld, per its Form 8-K filed June 16, 2026 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: Elected, in the filing’s own words: “Proposal 1 – Election of Directors Each of the twelve nominees for director was duly elected by the Partnership's unitholders, with votes as follows:”
Support: 97% of votes cast — FOR ÷ (FOR + WITHHELD); abstentions and broker non-votes are excluded.

The 14 asset managers below reported 5,362,818 for.

Description as filed by funds: To elect directors to the Board, each to serve until the 2027 Annual Meeting of Limited Partners of the Partnership and thereafter until such director's successor shall have been duly elected and qualified, or until such director's earlier death, resignation, or removal: Jerry V. Kyle, Jr.

Black Stone Minerals, L.P.’s own tally for this item (“Elect Director: Jerry V. Kyle, Jr............................................................”): 74,659,270 for, 3,296,714 withheld, per its Form 8-K filed June 16, 2026 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: Elected, in the filing’s own words: “Proposal 1 – Election of Directors Each of the twelve nominees for director was duly elected by the Partnership's unitholders, with votes as follows:”
Support: 96% of votes cast — FOR ÷ (FOR + WITHHELD); abstentions and broker non-votes are excluded.

The 14 asset managers below reported 5,354,491 for, 8,327 abstained.

Description as filed by funds: To elect directors to the Board, each to serve until the 2027 Annual Meeting of Limited Partners of the Partnership and thereafter until such director's successor shall have been duly elected and qualified, or until such director's earlier death, resignation, or removal: Michael C. Linn

Black Stone Minerals, L.P.’s own tally for this item (“Elect Director: Michael C. Linn............................................................”): 74,034,614 for, 3,580,526 withheld, per its Form 8-K filed June 16, 2026 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: Elected, in the filing’s own words: “Proposal 1 – Election of Directors Each of the twelve nominees for director was duly elected by the Partnership's unitholders, with votes as follows:”
Support: 95% of votes cast — FOR ÷ (FOR + WITHHELD); abstentions and broker non-votes are excluded.

The 14 asset managers below reported 5,354,491 for, 8,327 abstained.

Description as filed by funds: To elect directors to the Board, each to serve until the 2027 Annual Meeting of Limited Partners of the Partnership and thereafter until such director's successor shall have been duly elected and qualified, or until such director's earlier death, resignation, or removal: Ashley J. Longmaid

Black Stone Minerals, L.P.’s own tally for this item (“Elect Director: Ashley J. Longmaid......................................................”): 74,528,398 for, 3,392,586 withheld, per its Form 8-K filed June 16, 2026 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: Elected, in the filing’s own words: “Proposal 1 – Election of Directors Each of the twelve nominees for director was duly elected by the Partnership's unitholders, with votes as follows:”
Support: 96% of votes cast — FOR ÷ (FOR + WITHHELD); abstentions and broker non-votes are excluded.

The 14 asset managers below reported 5,362,818 for.

Description as filed by funds: To approve, on a non-binding advisory basis, the compensation of the Partnership's named executive officers for the year ended December 31, 2025.

Black Stone Minerals, L.P.’s own tally for this item (“3. Approval, on a Non-binding Advisory Basis, of the Compensation of the General Partner's Named Executive Officers The compensation of the General Partner's named executive officers for the fiscal year ended December 31”): 73,430,230 for, 2,962,917 against — passed, per its Form 8-K filed June 16, 2026 (Item 5.07).

Reported outcome: Approved, in the filing’s own words: “Proposal 3 – Approval, on a Non-binding Advisory Basis, of the Compensation of the General Partner's Named Executive Officers The compensation of the General Partner's named executive officers for the fiscal year ended December 31, 2025 was approved, on a non-binding advisory basis, by the Partners…”
Support: 96% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

Also reported under other wordings, matched to the same row of Black Stone Minerals, L.P.’s official tally and shown with their own fund figures; their managers are not in the figures or the table on this card: “SAY ON PAY” (2 managers, 629,307 for).

Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice).

Fund voting reports, all 13 managers: 5,361,368 for.

Institutional-manager reports, all 134 managers: 15,994,615 for, 9,300 against, 551 abstained. Showing the 25 largest; see all in the interactive database.

Description as filed by funds: To ratify the appointment of Deloitte & Touche LLP as the Partnership's independent registered public accounting firm for the year ending December 31, 2026.

Black Stone Minerals, L.P.’s own tally for this item (“2. Ratification of Appointment of the Partnership's Independent Registered Public Accounting Firm The appointment of Deloitte & Touche LLP as the Partnership's independent registered public accounting firm for the year e”): 133,664,053 for, 470,980 against — passed, per its Form 8-K filed June 16, 2026 (Item 5.07).

Reported outcome: Approved, in the filing’s own words: “Proposal 2 – Ratification of Appointment of the Partnership's Independent Registered Public Accounting Firm The appointment of Deloitte & Touche LLP as the Partnership's independent registered public accounting firm for the year ending December 31, 2026 was ratified by the Partnership's unitholders…”
Support: 99.6% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 16 asset managers below reported 5,372,299 for.