Viper Energy Launches Reinvestment Plan for Unregistered OpCo Units, Class B Shares

• Viper Energy adopted a distribution reinvestment plan on November 5, 2026, allowing eligible holders to reinvest cash distributions in unregistered OpCo Units.
• Issuance is capped at 72,178,273 OpCo Units, representing approximately 19.99% of Class A and Class B common stock outstanding at adoption.
• Each new OpCo Unit carries matching Class B common stock or option rights; one unit-share pair is exchangeable for one Class A share.
• Units will be priced using the average Class A closing price over the five consecutive trading days immediately preceding distribution payment.
• Diamondback Energy, its affiliates and certain other holders elected to participate; securities will be issued under the Section 4(a)(2) registration exemption.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Viper Energy Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001104659-26-125230), on November 10, 2026, and is solely responsible for the information contained therein.