X0508 4 2023-12-01 0 0001724009 PermRock Royalty Trust PRT 0001719890 Boaz Energy II, LLC 3300 N. A STREET BLDG. 7 #150 MIDLAND TX 79705 0 0 1 0 0001844114 Eves Karan E 3300 N. A. STREET BUILDING 7 MIDLAND TX 79705 0 0 1 0 0001844137 Eves Marshall J 3300 N. A. STREET BUILDING 7 MIDLAND TX 79705 0 0 1 0 1 Trust Units representing Beneficial Interest 2023-12-01 4 S 0 1700 4.8059 D 5033761 D Trust Units representing Beneficial Interest 2023-12-01 4 J 0 120000 D 4913761 D Trust Units representing Beneficial Interest 4400 I See Footnote Trust Units representing Beneficial Interest 4400 I See Footnote The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted on October 25, 2023. The price reported in Column 4 is a weighted average price. The Trust Units representing Beneficial Interests in the Issuer ("Trust Units") were sold in multiple transactions at prices ranging from $4.88 to $4.77 inclusive. The reporting persons undertake to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon written request, full information regarding the number of Trust Units sold at each separate price within the range set forth in this footnote. This form is filed jointly by each of the reporting persons. Boaz Energy II, LLC ("Boaz Energy") directly owns 5,035,461 Trust Units. Karan Eves and Marshall Eves are husband and wife. Each of Karan Eves and Marshall Eves directly owns 4,400 Trust Units and 38.94% of the limited liability company interests in, and serves as a manager of, Boaz Energy, and may be deemed to indirectly beneficially own the Trust Units held directly by Boaz Energy. On December 1, 2023, Boaz Energy II, LLC, a Delaware limited liability company ("Boaz Energy") granted Trust Units representing beneficial interests in the Issuer ("Trust Units") to certain employees of Boaz Energy pursuant to individual Trust Unit Agreements entered into between Boaz Energy and such employees. No consideration was paid to Boaz Energy in respect of such grants. /s/Boaz Energy II, LLC By: Karan Eves, Chief Operating Officer 2023-12-04 /s/Karan Eves 2023-12-04 /s/Marshall Eves 2023-12-04