EON Resources Inc. will restate financial statements for the years ended December 31, 2023 and 2024, and quarterly reports in 2024 and 2025. This decision follows SEC comment letters regarding the company's accounting for non-controlling interest (NCI) for Class B Units. The Audit Committee, on February 24, 2026, determined to modify the accounting methodology to allocate net income or loss to the NCI for Class B Equity from November 15, 2023, through February 2025. The restatement is expected to reduce the net annual losses allocated to EON Resources Inc. shareholders, with no change to total company income or loss. The restatement is non-cash in nature and will not impact the company's cash flows or cash, cash equivalents, and marketable investments. The company expects no change to the ending cumulative Company shareholder equity as reported in the third quarter of 2025, which was $60.9 million as of September 30, 2025. There will be no financial impact going forward as the changes relate only to historical results.