LUMINUS MANAGEMENT LLC Insider Transaction Report

This filing details a transaction by LUMINUS MANAGEMENT LLC, an insider with a 10% ownership stake and director status in BATTALION OIL CORP (BATL). On April 2, 2026, LUMINUS MANAGEMENT LLC, acting as the investment manager for the Master Fund, distributed 379,559 shares of common stock. These shares were part of a larger distribution of 5,200,000 shares initially made in-kind by Luminus Energy Partners Master Fund, Ltd. to its feeder funds and affiliates. A portion of these shares, referred to as "Segregated Shares," were retained by the Master Fund due to non-responsive or non-participating certificate holders ("Non Returners"). The Master Fund continues to hold voting and disposition power over these retained shares, although it has no economic interest in them, holding them for the benefit of the Non Returners. LUMINUS MANAGEMENT LLC, through its President Jonathan Barrett, reported these transactions, with the Master Fund retaining the discretion to sell or distribute the remaining Segregated Shares.