Company: BSM
Filing Date: 2025-04-30
Form Type: DEF 14A
Source: 0001193125-25-107202
Chunk: 2

Company: Black Stone Minerals, L.P.
Filing Date: 2025-04-30
Form: DEF 14A
Chunk 2
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 held on June 12, 2025, at 12:00 p.m. Central Time, and at any adjournment or postponement thereof. We will hold the Annual Meeting virtually via live webcast on the Internet at https://web.lumiconnect.com/255252993. On or about April 30, 2025, we began mailing a Notice of Internet Availability of Proxy Materials to our unitholders of record detailing how to access the proxy materials electronically and how to submit a proxy by telephone, Internet, or mail or vote during the Annual Meeting. The Notice of Internet Availability of Proxy Materials also provides instructions on how to request and obtain paper copies of the proxy materials. If your units are held in street name, you will receive instructions from the holder of record detailing how to direct the voting of your units. Internet and/or telephone voting will also be offered to unitholders holding units in street name. GENERAL INFORMATION Purpose of the Annual Meeting The purpose of the Annual Meeting is for our unitholders to consider and act upon the proposals described in this Proxy Statement and upon any other matters that properly come before the Annual Meeting or any adjournment or postponement thereof. In addition, management will report on our performance and respond to questions from unitholders. Proposals to be Voted Upon at the Annual Meeting At the Annual Meeting, unitholders will be asked to consider and vote upon the following proposals:

| 1. | Proposal 1: to elect directors to the Board, each to serve until the 2026 annual meeting of limited partners (the “2026 Annual Meeting”) and thereafter until such director’s successor shall have been duly elected and qualified, or until such director’s earlier death, resignation, or removal; |

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| 4. | Proposal 4: to approve the adoption of the 2025 LTIP. |

In addition, any other matters that properly come before the Annual Meeting or any adjournments or postponements thereof will be considered. Management is not presently aware of any other business to properly come before the Annual Meeting. Recommendation of the Board The Board recommends that you vote “ FOR ALL” of the director nominees to the Board set forth in this Proxy Statement (Proposal 1), “ FOR” the ratification of the appointment of Deloitte as our independent registered public accounting firm for the year ending December 31, 2025 (Proposal 2), “ FOR” the approval, on a non-bindingadvisory basis, of the compensation of our named