Investor Presentaiton
G
Experienced and Well Aligned Management Team with
Strong Industry Relationships
■ Management team is well incentivized as it owns more than 25% of the business
2020 executive management salaries reduced by 33 - 55%
■ Performance-based stock compensation tied to Return on Capital Employed ("ROCE")
■ Management team has built the foundation of this company over four decades
■ Track record of building and successfully monetizing similar businesses
■ Strength of leadership is attested by management and operating teams that joined from past
ventures
1959
1975
1980
1985
1990
1995
2000
2005
2010
2015
Joel Bender
appointed Vice
President of
CWE (1984)
Scott Bender
appointed
President of
Cactus
Cactus
Pipe
Wellhead
founded
(1959)
Equipment
("CWE"), a
subsidiary of
Cactus Pipe
(1977)
CWE Merges with Ingram
Petroleum Services, forming
Ingram Cactus
Company ("ICC")
■Scott and Joel Bender
become President
and VP Operations,
respectively, of
ICC (1986)
ICC sold to
I Cooper Cameron I
| Corporation
1 (1996)
CAMERON I
A Schlumberger Company
L
Scott and Joel
Bender appointed
President and SVP,
respectively, of
Wood Group
Pressure Control
("WGPC")
Steven Bender
appointed
Rental
Business
Manager of
WGPC (2005)
Scott Bender
leaves WGPC
(2010)
Cactus, Inc.
IPO (2018)
WGPC
I Sold to GE I
I Oil and
I Gas (2011)
Scott and
Joel Bender
found
Cactus LLC
with 18 key
managers
Baker
Hughes
(2011)
Cactus, Inc.
initiates
regular
quarterly
dividend
(2019)
WOOD GROUP
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