San Juan Basin Royalty Trust declared a monthly cash distribution to the holders of its units of beneficial interest (the Units) of $791,746.81 or $0.016987 per Unit, based primarily upon the reported production of the Trust’s subject interests (the Subject Interests) during the month of April 2023. The distribution is payable July 17, 2023, to the Unit Holders of record as of June 30, 2023.