Company: WBI
Filing Date: 2025-09-15
Form Type: S-1/A
Source: 0001193125-25-202719
Chunk: 392

Company: WaterBridge Infrastructure LLC
Filing Date: 2025-09-15
Form: S-1/A
Chunk 392
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 income (loss)                                |     | $                  |  7,125 |   |     | $    | (4,173 | ) |     | $                |   8,836 |   |     | $    |    (842 | ) |

See accompanying notes to the unaudited condensed consolidated financial statements

<div align='center'>F-45</div>

WaterBridge NDB Operating LLC and Subsidiaries Unaudited Condensed Consolidated Statements of Changes in Member’s Equity (in thousands)

|                               |     | Total Member’s Equity |         |   |
|:------------------------------|:----|:----------------------|--------:|:--|
| Balance at January 1, 2025    |     | $                     | 663,049 |   |
| Deemed non-cash contributions |     |                       |     324 |   |
| Net income                    |     |                       |   1,711 |   |
| Balance at March 31, 2025     |     | $                     | 665,084 |   |
| Contribution from member      |     |                       |  20,000 |   |
| Deemed non-cash contributions |     |                       |   1,058 |   |
| Net income                    |     |                       |   7,125 |   |
| Balance at June 30, 2025      |     | $                     | 693,267 |   |
|                               |     | Total Member’s Equity |         |   |
| Balance at January 1, 2024    |     | $                     | 650,528 |   |
| Deemed non-cash contributions |     |                       |     647 |   |
| Net income                    |     |                       |   3,331 |   |
| Balance at March 31, 2024     |     | $                     | 654,506 |   |
| Deemed non-cash contributions |     |                       |   8,064 |   |
| Net loss                      |     |                       |  (4,173 | ) |
| Balance at June 30, 2024      |     | $                     | 658,397 |   |

See accompanying notes to the unaudited condensed consolidated financial statements

<div align='center'>F-46</div>

WaterBridge NDB Operating LLC and Subsidiaries Unaudited Condensed Consolidated Statements of Cash Flows (in thousands)

| Operating