Gentlemen, it is now 12:00 P.M., and in accordance with the notice of the annual meeting, I will call Black Stone Minerals, L.P. 2026 annual meeting of limited partners to order. I am Fowler Carter, Co-Chief Executive Officer and President. I currently serve as a director on the board of directors and am a candidate for re-election. On behalf of the board of directors and management, I welcome you to the annual meeting. The polls are now open. They will remain open until Taylor reads the presentations for the proposals, after which the polls will close. I'll turn it over to Taylor DeWalch, Co-Chief Executive Officer and President, and a current director nominated for re-election. Thanks, Fowler. Welcome everyone to the Black Stone Minerals, L.P. annual meeting. Fowler and I will preside at today's meeting. Steve Putman will act as the secretary of the meeting. The secretary has advised us that a quorum is present. Legal notice having been given, this meeting is now convened and open for the transaction of business. For your convenience, we have opened the polls for registered holders who have not yet voted or wish to change their votes. They will remain open until I have completed the presentation of the proposals, at which point the polls will be closed. I would like to take a moment to introduce the members of our current board of directors and executive officers. The non-management directors in attendance today are Carin Barth, Mark DeWalch, Anne Hamman, Jerry Kyle, Michael Linn, AJ Longmaid, Will Randall, Sandy Stewart, and James Whitehead. In addition to myself and Fowler, the executive officers in attendance today are Tom Carter, Chris Bonner, Steve Putman, and Erin Phillips. I would also like to recognize Matt Burley, who is in attendance as the lead client service partner from Deloitte & Touche LLP. Our current independent registered public accounting firm. Steve Putman has been appointed to act as the inspector of election for the meeting. The inspector of election has taken the oath of office, which we have directed to be filed with the partnership's records. You can access the agenda via the web portal, which we will follow in carrying out the business of this meeting. As you will see on the agenda, time has been allotted later in the meeting for management to address any questions you submitted prior to or during the meeting and concerning the matters to be voted upon today. Please keep in mind that as the meeting is a virtual-only format, you'll be able to submit questions through the meeting portal. We will answer questions that are relevant to this meeting at the appropriate time. If any unitholder has any matter of individual concern, please raise it after the meeting. That all the items on the agenda may be presented before that time, the voting matters contained in the agenda will be presented in succession without comment. During the course of the meeting, you may vote or change your vote by following the directions on the web portal. Of course, if you have already voted, you need not vote again at this meeting and should not vote again unless you wish to change your vote. There are a few formalities to cover before we get into the business of this meeting. Will the secretary please report on the record date, listing of unitholders, notice, quorum, and matters to be considered at today's annual meeting? April 13th, 2026, was set by resolution of the board as the record date for today's annual meeting. All unitholders of record or their proxy holders at the close of business on April 13th are entitled to vote at the annual meeting. The listing of unitholders as of the record date is available on the meeting portal. It cannot be downloaded and will only be made available during this meeting. Notice of this meeting was duly given in accordance with the partnership agreement. We received an affidavit from the partnership's transfer agent, Equiniti, certifying that the notice of internet availability of proxy materials was sent to all unitholders on or about April 30th, 2026. The affidavit will be filed with the partnership's records. As set forth in the agenda and the notice of the annual meeting, the matters to be considered at today's annual meeting The directors to the board of directors of the general partner, each to serve in partners and thereafter until such director's successor shall have been duly elected and qualified, or until such director's earlier death, resignation, or removal. The ratification of the appointment of Deloitte as the partnership's independent registered public accounting firm for the fiscal year ending December 31st, 2026, and the approval on a non-binding advisory basis, the compensation of the general partner's named executive officers for the fiscal year ended December 31st, 2025. Each of the matters to be considered today is described in the proxy statement, which accompanied the notice of the annual meeting. As previously mentioned, the items of business being submitted to unitholders for action at today's meeting are the election of directors, the ratification of the appointment of Deloitte, and the say-on-pay vote. We will now have the presentations for the proposals. The first item of business is the election of directors. The board's nominees for election to serve until the 2027 annual meeting are Tom Carter, Fowler Carter, Taylor DeWalch, Carin M. Barth, D. Mark DeWalch, Jerry Kyle, Michael Linn, Ashley J. Longmaid, Will Randall, Sandy Stewart, Anne Hamman, and James Whitehead. The second item of business is the ratification of the appointment of Deloitte as the partnership's independent registered public accounting firm for the fiscal year ending December 31st, 2026. The final item of business is the approval on a non-binding advisory basis of the compensation of the general partner's named executive officers for the fiscal year ending December 31st, 2025. There are no other proposals to come before this meeting since management has not made any other proposal submitted by unitholders in the manner prescribed in the partnership agreement, which requires that certain information concerning unitholder proposals be provided to the partnership before the date of the meeting. It is now 12:06 P.M. I now declare the polls closed. This concludes the matters to be considered and voted upon at today's meeting. The inspector of election will count the votes. Will the secretary please announce the preliminary voting results? Based on a preliminary tabulation of the votes, a plurality of the votes cast were in favor of each of the partnership's nominees for directors of the general partner, each to serve until the 2027 annual meeting of limited partners and thereafter until such director's successor shall have been duly elected and qualified, or until such director's earlier death, resignation, or removal. Majority of the votes cast were in favor of ratification of the appointment of Deloitte as the partnership's independent registered public accounting firm for the fiscal year ending December 31st, 2026. The majority of the votes cast were in favor of the approval on a non-binding advisory basis of the compensation of the general partner's named executive officers for the fiscal year ended December 31st, 2025. The final voting results will be tallied and subsequently announced in accordance with the requirements of the Securities and Exchange Commission. I'm aware of no other business that should be brought before this meeting. Accordingly, I declare this meeting adjourned. This concludes the Black Stone Minerals, L.P. 2026 annual meeting of limited partners. On behalf of Black Stone Minerals, L.P. and the board of directors and employees of Black Stone Minerals GP, L.L.C., Taylor and I want to thank you for attending today's meeting.