Vice-Chairman of the Board of the Company from May 11, 2021 to June 30, 2022. Chairman of the Board of the Company from April 15, 2020 to May 10, 2021. Investor and attorney specializing in companies undergoing and/or emerging from restructuring or reorganization; Senior Managing Director of Steppingstone Group, LLC. Mr. Grossman has been engaged in the investment and management of capital as a buy-side principal since 1990. Mr. Grossman has served as an independent director of both private and public companies, and as a member of creditor, bank group and shareholder committees for other businesses and has extensive experience in advising investors as well as leading investors and partners with respect to distressed and other debt-challenged “special situation” companies. Mr. Grossman’s experience includes a strong network of relationships and management roles involving large portfolios in this investment sector maintained by multi-strategy and arbitrage firms. Admitted to the New York Bar in 1982, Mr. Grossman practiced law with Shea & Gould until 1989, where he specialized in bankruptcy, creditor’s rights and commercial litigation. More recently, Mr. Grossman utilized that experience in leadership roles and as a Director of Lehman Brothers Special Finance, Inc. and Signature Group Holdings, Inc. (formerly Fremont General Corporation), as they emerged from Chapter 11 bankruptcy. Mr. Grossman is currently a board member and/or special advisor for Concise Capital Management and a director of Performance Sports Group, Inc., Buffalo Armory, LLC and Nebraska Book Co, Inc.

Craig Hopkins has served as Chief Executive Officer of Barnwell since April 1, 2024, after previously holding leadership roles as President and Chief Operating Officer in two of Barnwell’s Canadian
subsidiaries. With nearly 30 years of experience in the energy industry, Craig combines deep technical expertise with strategic acumen and a proven ability to execute transactions that create long-term value. An engineer by training, he has built and led teams in both large and emerging oil producers, with a career spanning project management, reservoir evaluation, infrastructure development, and energy production and operations. Beyond his technical strengths, Craig is recognized for his ability to structure and close deals, align stakeholders, and position companies for sustainable growth. Prior to joining Barnwell, he held senior roles at Talisman Energy, Aspect Energy, Atlas Energy, and Crestar Energy. He began his career as a field production engineer with Canadian Occidental Petroleum. Craig is Professional Engineer with the Association of Professional Engineers and Geoscientists of Alberta.

Phil McPherson is Vice President of Capital Markets at Riot Platforms, a leading U.S. Bitcoin-focused infrastructure company and one of the country’s largest Bitcoin miners by deployed hash rate. Since joining Riot in 2021, Mr. McPherson has been a visible liaison to institutional investors and the digital asset ecosystem, helping to position the company through multiple Bitcoin cycles, large-scale Texas facility expansions, and a period of significant balance-sheet strength and market capitalization growth. Before Riot, he served eight years as Chief Financial Officer of Citadel Exploration Inc., and earlier, spent fifteen years on the sell side of the capital markets—predominantly in equity research focused on the energy sector. From April 2020 until April 2023, Mr. McPherson served on Barnwell’s Board of Directors as designee of a large shareholder and as Chairman of the Company’s Audit and Reserves Committees. He brings more than two decades of public-markets experience at the intersection of energy and next-generation information technology infrastructure.