Vitesse Energy, Inc.

From time to time we are subject to legal, administrative and environmental proceedings before various courts, arbitration panels and governmental agencies concerning claims arising in the ordinary course of business. These proceedings include certain contract disputes, additional environmental reviews and investigations, audits and pending judicial matters. Based on our current knowledge, we believe that the amount or range of reasonably possible losses will not, either individually or in the aggregate, materially adversely affect our business, financial condition and results of operations.

We are the plaintiff in an ongoing dispute in state court in North Dakota with one of our operators related to post-production deductions from revenues. We have claimed that the operator is taking unauthorized or excessive post-production deductions from revenue payments for various oil and gas processing and transportation related costs and expenses. We are seeking reimbursement for underpaid revenue. Our trial date is scheduled for June 2025.

The results of any litigation cannot be predicted with certainty, and an unfavorable resolution in any legal proceedings could materially affect our business, financial condition and results of operations. Regardless of the outcome, litigation can have an adverse impact on us because of defense and settlement costs, diversion of management resources and other factors.