SoftVest-led >15% holders request Dec 16 special meeting to vote on Trust Indenture reform

PERMIAN BASIN ROYALTY TRUST

SoftVest and holders owning >15% of units request special meeting on Dec 16, 2025; record date Nov 11, 2025.
Proposal: judicial reformation of Indenture so majority of units cast can approve any amendment.
Trustee intends to call the meeting; SoftVest to file proxy statement with SEC.

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