Court approves indenture amendment to allow Argent Trust as successor trustee for Cross Timbers Royalty Trust

CROSS TIMBERS ROYALTY TRUST

On October 13, 2022, a Texas court approved an order modifying Article VI, Section 6.05 of the trust indenture.
The amendment permits a successor trustee to have capital, surplus, and undivided profits of at least $20 million.
Simmons Bank, current trustee, plans to resign and has nominated Argent Trust Company as successor trustee.
The change is subject to conditions, including unitholder or court approvals for other trusts managed by Simmons Bank.
The amendment is filed as Exhibit 4.1 to the Form 8-K.

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