Investor Presentaiton

1) Growing Product Revenue Per Rig Followed Drivers For Increased Revenue Per Rig ■ Sale of higher-end wellhead systems ■Shift to higher-pressure wells requires higher value equipment ■ Customer utilization of additional features ■ E&Ps increasingly value additional time-saving features as drilling costs escalate Cactus Product Revenue Per U.S. Onshore Rig Followed (1) (Data Indexed to 100) 147 159 162 174 ■ Implementation of cost recovery initiatives ■ Evolution in artificial lift ■Customer preference to utilize multiple forms of artificial lift during a well life- cycle increases product sales 100 119 2017 2018 2019 2020 2021 YTD 2022 Revenue per rig followed represents total company Product revenue divided by rigs followed, which represents the average number of active U.S. onshore rigs Cactus followed (which Cactus defines as the number of active U.S. onshore drilling rigs to which it was the primary provider of wellhead products and corresponding services during drilling) as of mid month for each of the three months in the applicable quarter. 11

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