DORCHESTER MINERALS, L.P.

With limited exception, our Chief Executive Officer has broad discretion to establish the composition and amount of compensation for the employees of the operating partnership. Employee compensation includes salary, insurance benefits (including medical, dental, vision, life, and disability coverage), a SEP-IRA program, and discretionary merit bonuses awarded in the form of cash or DMLP units. The Chief Executive Officer consults with senior management (including the Chief Financial Officer) and department managers no less frequently than annually to assess employee performance, attitude and collaboration when determining compensation. Compensation levels are to some extent impacted by the formulaic limitations on general and administrative expense reimbursement set forth in our partnership agreement.

The Chief Executive Officer annually reports to the Board of Managers on compensation matters including proposed salary and benefits. Prior to October 2025, the Advisory Committee was required to approve compensation for any employee who is also a member of the Board of Managers. Following the establishment of the Compensation Committee in October 2025, the Compensation Committee assumed this responsibility. The compensation of Mr. Ehrman and Ms. Moriyama is determined by the Board of Managers. Effective January 1, 2026, Mr. Ehrman’s base salary was increased to $465,000 and Ms. Moriyama’s base salary was increased to $430,000.