CONFIDENTIAL | NOT FOR DISTRIBUTION KIM B E L L R O Y A L T Y P A R T N E R S SPRING 2021 INVESTOR PRESENTATION Disclaimer This presentation includes forward-looking statements relating to the business, financial performance, results, plans, objectives and expectations of Kimbell Royalty Partners, LP ("KRP" or "Kimbell"). Statements that do not describe historical or current facts, including statements about beliefs and expectations and statements about the federal income tax treatment of future earnings an ...