On April 25, 2019, Angelo G. Acconcia resigned as a member of the Board of Directors of Falcon Minerals Corporation. Mr. Acconcia’s resignation was not the result of a disagreement with the Company or its management. On April 25, 2019, Blackstone Management Partners, L.L.C. (Blackstone), in accordance with its rights under that certain Shareholders’ Agreement dated as of August 23, 2018 by and among the Company, Blackstone and the other parties thereto (the Shareholders’ Agreement), designated, and the Board appointed, (i) Mr. Eric Liaw to the Board to fill the vacancy created by Mr. Acconcia’s resignation and (ii) Mr. Alan Hirshberg to the Board to fill the vacancy created in December 2018 when Mr. David Foley resigned as a member of the Board. Mr. Liaw has been appointed as the Chairman of the Board’s Compensation Committee and Mr. Hirshberg has been appointed to the Board’s Nominating and Corporate Governance Committee.