WaterBridge Infrastructure LLC — Director's Dealing 2025

Sep 22, 2025

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: WaterBridge Infrastructure LLC (WBI)
CIK: 0002064947
Period of Report: 2025-09-17

Reporting Person: WPX Energy Permian, LLC (N/A)
Reporting Person: Devon WB Holdco L.L.C. (N/A)

Holdings (Non-Derivative)

Security	Shares	Ownership
Class B Shares	17757225	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
WBI Operating LLC Units	$		Class A Shares (17757225)		Indirect

Footnotes

F1: In connection with the closing of the initial public offering (the "IPO") of the Class A shares representing limited liability company interests in WaterBridge Infrastructure LLC, a Delaware limited liability company (the "Company" and such shares, "Class A shares"), and pursuant to certain reorganizational transactions, Devon WB Holdco L.L.C. ("Devon Holdco") (i) made a capital contribution to the Company in exchange for 17,757,225 Class B shares of the Company representing limited liability company interests ("Class B Shares") and (ii) received 17,757,225 units representing limited liability company interests in WBI Operating LLC, a Delaware limited liability company ("OpCo" and such units, "OpCo Units").

F2: Represents securities directly held by Devon Holdco, which is an indirect wholly-owned subsidiary of Devon Energy Corporation ("Devon"). Devon is a public company and owns 100% of the outstanding common stock of WPX Energy, Inc. ("WPX"). WPX owns 100% of the limited liability company interests of WPX Energy Permian, LLC ("WPX Permian"). WPX Permian owns 100% of the limited liability company interests of Devon Holdco. Each of Devon, WPX and WPX Permian disclaims beneficial ownership of the securities owned by Devon Holdco in excess of their respective pecuniary interest therein.

F3: Each Class B share has no economic rights but entitles its holder to one vote on all matters to be voted on by the shareholders of the Company generally. At the request of a holder, each OpCo Unit may be redeemed (along with the cancellation of a corresponding Class B share) for, subject to certain restrictions in the OpCo limited liability company agreement (the "OpCo LLCA"), newly issued Class A shares on a one-for-one basis or for a cash payment to be determined pursuant to the OpCo LLCA for each OpCo Unit redeemed. The OpCo Units do not expire.