Company: WBI
Filing Date: 2025-08-04
Form Type: DRS/A
Source: 0000950123-25-006924
Chunk: 245

Company: WaterBridge Infrastructure LLC
Filing Date: 2025-08-04
Form: DRS/A
Chunk 245
---
ianco disclaims beneficial ownership of the Class B shares in excess of his pecuniary interest therein. The address for each of the foregoing entities and individual is c/o 5555 San Felipe Street, Suite 1200, Houston, Texas 77056.

Consists of Class B shares held by Desert Holdings. Desert Holdings is controlled by a board of managers consisting of four members. Fund III, which owns % of the capital interests of Desert Holdings, has the right to appoint a majority of the members of the board of managers of Desert Holdings. GP III is the sole general partner of Fund III. GP III LLC is the sole general partner of GP III. GP III LLC is controlled by David N. Capobianco as its sole member. Mr. Capobianco may exercise voting and dispositive power over the Class B shares held by Desert Holdings and may be deemed to be the beneficial owner thereof. Mr. Capobianco disclaims beneficial ownership of the Class B shares in excess of his pecuniary interest therein. The address for each of the foregoing entities and individual is c/o 5555 San Felipe Street, Suite 1200, Houston, Texas 77056.

Consists of Class B shares held by Devon Holdco. As the indirect owner of 100% of the outstanding membership interests in Devon Holdco, Devon Energy Corporation may be deemed to beneficially own all of the shares held by Devon Holdco. Devon Energy Corporation is a publicly traded company listed on the New York Stock Exchange. The address for each of the foregoing entities is 333 West Sheridan Avenue, Oklahoma City, Oklahoma 73102.

<div align='center'>172</div>

### CERTAIN RELATIONSHIPS AND RELATED PARTY TRANSACTIONS

#### OpCo LLC Agreement
The OpCo LLC Agreement is filed as an exhibit to the registration statement of which this prospectus forms a part, and the following description of the OpCo LLC Agreement is qualified in its entirety by reference thereto.

Following this offering, under the OpCo LLC Agreement, each holder of an OpCo Unit (other than WaterBridge) will, subject to certain limitations, have a Redemption Right to cause OpCo to acquire all or a portion of its OpCo Units (along with the cancellation of a corresponding number of our Class B shares) for, at OpCo’s election, (i) Class A shares at a redemption ratio of one Class A share for each OpCo Unit redeemed, subject to applicable conversion rate adjustments, or (ii) cash in an