On June 7, 2022 (the Closing Date), Sitio Royalties Corp., a Delaware corporation (formerly known as Falcon Minerals Corporation) (the Company), consummated the previously announced merger transactions contemplated by the Agreement and Plan of Merger, dated as of January 11, 2022 (the Merger Agreement), by and among the Company, Sitio Royalties Operating Partnership, LP, a Delaware limited partnership (formerly known as Falcon Minerals Operating Partnership, LP) ( Sitio OpCo), Ferrari Merger Sub A LLC, a Delaware limited liability company ( Merger Sub), and DPM HoldCo, LLC, a Delaware limited liability company ( Desert Peak), pursuant to which Merger Sub merged with and into Desert Peak (the Merger), with Desert Peak continuing as the surviving entity in the Merger as a wholly owned subsidiary of Sitio OpCo. The transactions contemplated by the Merger Agreement are referred to herein as the Merger Transactions. Effective as of the Closing Date, in connection with the Merger Transactions Matthew B. Ockwood resigned as the Chief Financial Officer.