Company: BSM
Filing Date: 2025-04-30
Form Type: DEF 14A
Source: 0001193125-25-107202
Chunk: 23

Company: Black Stone Minerals, L.P.
Filing Date: 2025-04-30
Form: DEF 14A
Chunk 23
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 of the FW Cook consultants working on our matters in 2024 had any business or personal relationship with any of our executive officers; and |

| • |     | None of the FW Cook consultants working on our matters owns our units. |

**The Compensation Committee periodically monitors the independence of FW Cook. Nominating & Governance Committee Because we are a limited partnership, we are not required by the rules of the NYSE to have a nominating and governance committee or a nominating and governance committee composed entirely of independent directors. However, we have opted to maintain a nominating and governance committee. Messrs. DeWalch, Mathis, and Randall currently sit on the Nominating and Governance Committee, with Mr. Mathis acting as the Committee Chair. 16

The Nominating and Governance Committee identifies individuals qualified to serve on the Board and recommends director nominees for each annual meeting of limited partners or for appointment to fill vacancies, oversees our governance policies, including ESG policies, and oversees the evaluation of the Board and its committees.

Conflicts Committee

At least one independent member of the Board is required, by NYSE rules, to serve on a conflicts committee, as necessary, to review specific matters that the Board believes may involve conflicts of interest. The conflicts committee determines if the resolution of the conflict of interest is, in its subjective belief, not adverse to our interest. The members of the conflicts committee may not be officers or employees of the General Partner or directors, officers, or employees of its affiliates and must meet the independence standards established by NYSE and the Exchange Act rules to serve on an audit committee of a board of directors, along with the requirements in the Partnership Agreement. Any matters approved by the conflicts committee will be conclusively deemed to be approved by the Partnership and all its unitholders and not a breach by the General Partner of any duties or contractual obligations it may owe the Partnership or its unitholders.

Board and Committee Meeting Attendance

During the 2024 fiscal year, the Board held six regularly scheduled and special meetings of the full Board; the Audit Committee held eight meetings; the Compensation Committee held four meetings; and the Nominating and Governance Committee held four meetings. All incumbent directors attended at least 75% of the aggregate number of meetings of the Board and committees of the Board on which they served.

Director Attendance at Annual Meetings of Limited Partners

Directors are encouraged, but not required, to attend the annual meetings of limited partners. All incumbent directors attended the Partnership’s 2024 annual meeting.