Company: WBI
Filing Date: 2025-08-04
Form Type: DRS/A
Source: 0000950123-25-006924
Chunk: 355

Company: WaterBridge Infrastructure LLC
Filing Date: 2025-08-04
Form: DRS/A
Chunk 355
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 ended December 31, 2024 is the reversal of an immaterial amount of expense related to employee departures. Share-based compensation expense during the year ended December 31, 2024 includes $0.1 million of additional expense related to accelerated vesting due to an employee departure. There were no accelerations during the year ended December 31, 2023. Defined Contribution Plan WaterBridge Management Company LLC, an affiliate of the Company, sponsors a defined contribution plan available to all eligible employees. Qualifying participants receive a matching contribution based on the amount participants contribute to the plan up to 7% of their qualifying compensation. Contributions of $0.6 million and $0.5 million were made during the years ended December 31, 2024 and 2023, respectively.

<div align='center'>F-38

WaterBridge NDB Operating LLC and Subsidiaries

Notes to the Consolidated Financial Statements</div>

11. Related Party Transactions Below is a summary of our related party transaction as reported on our consolidated balance sheets and consolidated statements of operations for the years ended December 31, 2024 and 2023:

|                                        |     |                                         | Financial Statements Location | Year Ended December 31, |    2024 |   |     |      |   2023 |   |
|:---------------------------------------|:----|:----------------------------------------|:------------------------------|------------------------:|--------:|:--|:----|-----:|-------:|:--|
| Revenues - Related Party               |     |                                         |                               |                         |         |   |     |      |        |   |
| Customer Agreement                     |     | Produced water handling - related party |                               |                       $ | 106,334 |   |     |    $ | 64,576 |   |
| Customer Agreement                     |     | Water solutions - related party         |                               |                         |   5,184 |   |     |      |  4,178 |   |
| Customer Agreement                     |     | Other revenue - related party           |                               |                         |       - |   |     |      |      2 |   |
|                                        |     |                                         |                               |                       $ | 111,518 |   |     |    $ | 68,756 |   |
| Direct Operating Costs - Related Party |     |                                         |                               |                         |         |   |     |      |        |   |
| Supplier Agreement                     |     | Direct operating