Company: WBI
Filing Date: 2025-09-08
Form Type: S-1/A
Source: 0000950170-25-113383
Chunk: 352

Company: WaterBridge Infrastructure LLC
Filing Date: 2025-09-08
Form: S-1/A
Chunk 352
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      - |     |                                    |         |   |        |           |         - |     |                                       |          - |   |          |                       |         - |
| Total members' equity                                    |     |                          |   693,267 |     |                 |   (32,893 | ) |     |                                    |  703,281 |   |       |                                 | 33,946 |     |                                    | 102,870 |   |        |           | 1,500,471 |     |                                       | (1,010,551 | ) |          |                       |   489,920 |
| Non-controlling interest                                 |     |                          |         - |     |                 |         - |   |     |                                    |        - |   |       |                                 |      - |     |                                    |       - |   |        |           |         - |     |                                       |  1,163,207 |   | -d       |                       | 1,163,207 |
| Total liabilities, mezzanine equity, and members’ equity |     | $                        | 1,463,160 |     | $               | 1,565,731 |   |     | $                                  |  320,988 |   |       | $                               | 54,131 |     | $                                  | 101,647 |   |        | $         | 3,505,657 |     | $                                     |    245,160 |   |          | $                     | 3,750,817 |

<div align='center'>F-10</div>

WaterBridge Infrastructure LLC Unaudited Pro Forma Condensed Combined Statement of Operations for the six months ended June 30, 2025

| Revenues:                                                         |     | Historical NDB Operating |         |   |     | Historical WBEF |         |   |     | Transaction Accounting Adjustments |         |   |    | Historical Desert Environmental |        |     | Transaction Accounting Adjustments |        |   |    | Pro Forma |         |   |     | Corporate Reorganization and Offering |        |   |    | Pro Forma As Adjusted |            |   |
|:------------------------------------------------------------------|:----|:-------------------------|--------:|:--|:----|:----------------|--------:|:--|:----|:-----------------------------------|--------:|:--|:---|:--------------------------------|-------:|:----|: