Company: WBI
Filing Date: 2025-06-02
Form Type: DRS/A
Source: 0000950123-25-005943
Chunk: 231

Company: WaterBridge Infrastructure LLC
Filing Date: 2025-06-02
Form: DRS/A
Chunk 231
---
 our management team, that provide services to such entities. Such allocations are made by the Manager among such entities in good faith based upon the time that is devoted by our employees, including our management team, to such entities, but there is not a specific allocation of value to any one person or any one item of compensation or benefits paid or provided to any specific person. For each of the years ended December 31, 2024 and 2023, the Manager was paid approximately $12.4 million and $10.1 million, respectively, for shared services and direct cost reimbursements. For the three months ended March 31,

<div align='center'>150</div>

2025 and 2024, the Manager was paid approximately $3.6 million and $1.8 million, respectively, for such services and reimbursements.

#### Equity Sponsor Services
We reimburse Five Point for our usage of its geographic information services as well as legal services as necessary to support our operations. For the years ended December 31, 2024 and 2023, we paid Five Point $0.8 million and $0.9 million, respectively, in reimbursements in connection with this arrangement. For the three months ended March 31, 2025 and 2024, we paid Five Point $0.3 million and $0.2 million, respectively, for such services.

#### Transactions with Devon
In the ordinary course of business, we have entered into certain agreements with Devon, a significant shareholder, as set forth below:

A long-term, fixed-fee produced water handling agreement, pursuant to which Devon dedicated to us produced water generated from acreage within a large AMI, including an initial dedication of approximately 52,000 acres, in the Texas-New Mexico Stateline region of the Delaware Basin, with an initial term of approximately 15 years expiring in 2038 and automatic one-year renewals unless terminated by either party prior to renewal. For the year ended December 31, 2024, and the three months ended March 31, 2025, approximately 87% and 80%, respectively, of our revenue received from Devon was derived from such produced water handling agreement;

Fixed-fee water solutions agreements, pursuant to which we supply brackish and/or recycled water to Devon for its operations in the Northern Delaware Basin. One such water solutions agreement includes an MVC and an initial term expiring in 2026, with automatic one-year renewals unless terminated by either party prior to renewal. All