Press release: Mission Advisors Supports Proxy Firms’ Endorsements of TPL Shareholders’ Vote FOR General Don Cook. Texas Pacific Land Trust’s BLUE Card Recommended by ISS, Glass Lewis and Egan-Jones

May 22, 2019

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May 22, 2019 08:00 AM Eastern Daylight Time – SAN ANTONIO–(BUSINESS WIRE)–Mission Advisors, a long-term oriented investment firm and the second largest shareholder by voting control of Texas Pacific Land Trust (NYSE: TPL) (“TPL”), welcomes the unanimous support of TPL’s three proxy advisory firms FOR retired four-star General Donald “Don” G. Cook and urges TPL shareholders to complete and return the BLUE proxy card or vote online by following the instructions at TrustTPL.com in connection with the June 6, 2019 Special Meeting of Shareholders.

Dana McGinnis, Chief Investment Officer of Mission Advisors, commented:

“We believe shareholders should avoid dissension that could impair this wonderful asset, as the dissident nominee’s past suggestions offered to shareholders may be an indication of the possible disruptions he would bring to the future workings of the Trust. In our view, TPL survives and has prospered because it has been managed well, because it has been protected by the Trust. We are fully aligned with TPL management to elect Four-Star General Donald G. Cook as Trustee.”

The full text of Mission Advisors’ Second Communication to shareholders of Texas Pacific Land Trust can be read here.