Trecora Resources Watch

from 8-K 105 pages Agreement and Plan of Merger by and Among Balmoral Swan Parent, Inc., a Delaware Corporation, Balmoral Swan Mergersub, Inc., a Delaware Corporation, and Trecora Resources, a Delaware Corporation Dated as of May 11, 2022

from SC 13D/A 5 pages Ortelius Advisors, L.P. (Together With Its Affiliates, "Ortelius," “We,” or “US”) Owns Approximately 11.3% of the Outstanding Common Stock of Trecora Resources (“Trecora” or the “Company”), Making US the Company’s Largest Stockholder.1 While We Believe That Trecora Has Significant Upside Potential Based on Its Top-Quality Assets, Favorable Industry Dynamics, and Considerable Free Cash Flow Capabilities, Ortelius Is Deeply Concerned by the Company’s Chronic Undervaluation and Disappointing Performance. Trecora’s Stock Price Returns, on an Absolute Basis and When Compared to the Broader Market, Relevant Indices and Peers and Over Multiple Time Periods, Are Consistently Abysmal

from 10-Q ~5 pages Re: Third Amendment to Share Sale and Purchase Agreement

from 10-K ~5 pages November 24, 2019 Dear Sirs Sale of Shares by Trecora Resources in Al Masane Al Kobra Mining Co. Trecora Resources /S/ Patrick D. Quarles for and on Behalf of Trecora Resources Name: Patrick David Quarles Title: President and CEO

from 8-K ~1 page Re: Amendment to Share Sale and Purchase Agreement

from 10-Q ~50 pages Dated September 22, 2019 Al Masane Al Kobra Mining Co. and the Other Purchasers Identified on the Signature Page Hereto, as Purchasers, and Trecora Resources, a Delaware (USA) Corporation, as Seller Share Sale and Purchase Agreement

from 8-K 72 pages Stock Purchase Agreement by and Among Trecora Resources, Texas Oil & Chemical Co. II, Inc., Ssi Chusei, Inc. and Schumann/Steier Holdings, LLC Dated as of September 19, 2014

from 8-K 26 pages Agreement and Plan of Reorganization

from 8-A12B 10 pages Certificate of Incorporation of Arabian Shield Development Company * * * * * * * *