Investor Presentaiton

G 1. 2. Recent Performance & Outlook Second Quarter 2022 Performance ■ Revenues up 17% sequentially ■ Adjusted EBITDA up over 30% sequentially ■ Product market share (1) of nearly 40% ■ Adjusted EBITDA margin (2) increased to approximately 33% Outlook & Recent Developments ■ Q3 2022 Product revenues expected to be up 5 to 10% sequentially ■Rigs followed expected to be up approximately 5% versus Q2 2022 ■ Q3 2022 Rental revenues expected to be up by 10% sequentially Field Service revenue expected to be 24% of combined Product & Rental revenue August was a record revenue month for the Company TRA payment and associated distributions of $14.8mm made in Q3 2022 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 divided by the Baker Hughes U.S. onshore rig count quarterly average. The Appendix at the back of this presentation contains a reconciliation of EBITDA and Adjusted EBITDA to net income, the most comparable financial measure calculated in accordance with GAAP. Incremental Adjusted EBITDA margin represents the sequential change in Adjusted EBITDA divided by the sequential change in revenue during the quarter. 25

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