PNC Bank, National Association, as the trustee of the San Juan Basin Royalty Trust declared a monthly cash distribution to the holders of its units of beneficial interest (the Units) of $5,231,814.43 or $0.112250 per Unit, based primarily upon the reported production of the Trust's subject interests (the Subject Interests) during the month of November 2022. The distribution is payable February 14, 2023, to the Unit Holders of record as of January 31, 2023.