Investor Presentaiton

Favorable Macro Trends Benefit Cactus Improving Activity Environment ■Recovery in energy demand driving. increased need for oil & gas production ■Industry underinvestment in 2020 and 2021 driving potential multi-year growth in rig and well counts U.S. land rig count forecasted to grow by -10% in 2023(1) Total U.S. Frac Jobs (1) Average Active U.S. Onshore Rigs (1) 460 419 705 773 2020A 2021A 2022E 2023E Total U.S. Onshore Wells Drilled(1) 1. 8,310 12,351 11,755 10,900 12,427 15,641 19,596 18,660 2020A 2021A 2022E 2023E 2020A 2021A 2022E 2023E Source: Spears and Associates. 10 10

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