Investor Presentaiton

Returns & Margins Have Outperformed Peers 2023 Adjusted EBITDA Margin (%) 40.0% 30.0% 20.0% OIL 10.0% 0.0% (10.0%) STATES DRI QUIP 0.0% CHAMPIONX 10.0% 20.0% Core Lab 30.0% Cactus (1) 40.0% G ROCE(2) (2017-2023) (%) Source: Company filings and Factset. Note: Adj. EBITDA Margins based on latest publicly available annual data. Cactus' computation of Adjusted EBITDA may not be comparable to other similarly titled measures of other companies. Cactus data based on historical actuals and not pro forma for the FlexSteel acquisition. FlexSteel results included past the close of the acquisition on February 28, 2023. 1) 2) 2023 Cactus ROCE calculation utilizes two months of year-end 2022 capitalization and ten months of year-end 2023 capitalization to reflect the acquisition of FlexSteel on February 28, 2023. The Appendix at the back of this presentation contains a reconciliation of Adjusted EBITDA to net income, the most comparable financial measure calculated in accordance with GAAP. ROCE reflects average of 2017, 2018, 2019, 2020, 2021, 2022 and 2023. ROCE = (Adj. EBITDA less D&A) / (Average of the subject year and preceding year capitalization including capital leases). ChampionX ROCE data represents legacy Apergy for 2016 - 2019 and ChampionX for 2020, 2021, 2022 and 2023. 16

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