San Juan Basin Royalty Trust declared a monthly cash distribution to the holders (the ?Unit Holders?) of its units of beneficial interest (the ?Units?) of $964,360.23 or $0.020691 per Unit, based primarily upon the reported production of the Trust?s subject interests (the ?Subject Interests?) during the month of June 2023. The distribution is payable September 15, 2023, to the Unit Holders of record as of August 31, 2023.