University Lands FY23 Annual Report

GOVERNANCE

Board for Lease of University Lands

UT System Board of Regents

2 UT Regents 1 Texas A&M Regent Texas Land Commissioner

The University of Texas System Board of Regents manages the strategic direction, development activities and stewardship of the Permanent University Fund (PUF) Lands.

The Board for Lease, chaired by the Commissioner of the Texas General Land Office, provides statutory oversight and governance for agreements to develop oil and gas minerals on PUF Lands.

UT System Administration

University Lands Advisory Board

5 UT Representatives 3 Texas A&M Representatives Texas Land Commissioner UT System Business Affairs Executive Vice Chancellor

The University of Texas System Administration is responsible for operations at all UT educational and health institutions. University Lands is a part of the UT System Administration Business Affairs division.

The University Lands Advisory Board (ULAB) is charged with providing guidance to the University Lands leadership team to help determine strategy and recommendations to the UT System Board of Regents to ensure responsible stewardship of PUF Lands.

Board for Lease Members

DAWN BUCKINGHAM Commissioner, Texas General Land Office

CHRISTINA MELTON CRAIN Regent, The University of Texas System

MICHAEL A. HERNANDEZ III

NOLAN PEREZ Regent, The University of Texas System

Regent, Texas A&M University System

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