Company: BSM
Filing Date: 2025-06-27
Form Type: S-8
Source: 0001193125-25-151426
Chunk: 3

Company: Black Stone Minerals, L.P.
Filing Date: 2025-06-27
Form: S-8
Chunk 3
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 who is or was an affiliate of the General Partner; |

| (2) | any person who is or was a manager, managing member, general partner, director, officer, fiduciary, or trustee 
 of the Registrant, its subsidiaries, the General Partner, or any of their affiliates;                          |

| (3) | any person who is or was serving as a manager, managing member, general partner, director, officer, employee,    
 agent, fiduciary, or trustee of another person owing a fiduciary duty to the Registrant or its subsidiaries; and |

| (4) | any person designated by the General Partner. |

Any indemnification under these provisions will only be out the assets of the Registrant. The Registrant may purchase insurance covering liabilities that may be asserted against, or expense that may be incurred by such persons for the Registrant’s activities, regardless of whether the Registrant would have the power to indemnify such person against such liabilities under the Partnership Agreement. In addition, Section 18-108of the Delaware Limited Liability Company Act provides that a Delaware limited liability company may indemnify and hold harmless any member or manager or other person from and against any and all claims and demands whatsoever. The amended and restated limited liability company agreement of the General Partner provides for the indemnification of its directors and executive officers against liabilities they incur in their capacities as such.

The Plan provides that the committee that administers the Plan (the “Committee”) and all members thereof are entitled to, in good faith, rely or act upon any report or other information furnished to them by any officer or employee of the Registrant, the General Partner, any of their affiliates, the Registrant’s or General Partner’s legal counsel, independent auditors, consultants or any other agents assisting in the administration of this Plan. Members of the Committee and any officer or employee of the General Partner, the Registrant, or any of their affiliates acting at the direction or on behalf of the Committee shall not be personally liable for any action or determination taken or made in good faith with respect to the Plan, and shall, to the fullest extent permitted by law, be indemnified and held harmless by the Registrant with respect to any such action or determination. Item 7. Exemption from Registration Claimed Not applicable. Item 8. Exhibits.

| Exhibit No. |     | Description                                                                                                                                                                                                                                                                                     |
| 4.1         |     | Description of Securities (incorporated herein by reference to Exhibit 4.