Investor Presentaiton

Returns & Margins Have Outperformed Peers YTD 2022 Adjusted EBITDA Margin (%) 40.0% 30.0% 20.0% 10.0% OIL STATES 0.0% (10.0%) Source: Company filings and Factset. DRIL QUIP 0.0% CHAMPIONx 10.0% 20.0% Core Lab 30.0% Cactus (1) 40.0% G ROCE(2) (2017-2021) (%) 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. YTD 2022 represents first and second quarter of 2022. Cactus EBIT Adjusted EBITDA - depreciation and amortization. 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 weighted average of 2017, 2018, 2019, 2020 and 2021. 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 and 2021. Year-end 2021 DMC Global Inc. capital employed figure excludes $480mm related to the acquisition of Arcadia and assocaited noncontrolling interest for comparative purposes. 1) 2) 19

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