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Investor Presentaiton

Sustainability Leadership Position in Low Carbon Solutions 50%+ combined company fleet capable of being powered by natural gas છે. PATTERS eco cel Combined Company Will Lead the Industry in Next Generation Equipment Sustainability leadership position in low-carbon emissions utilizing natural gas as a primary fuel NexTier has deployed its first electric frac fleet in 2023 UTERSON-UTI Engine control automation across business, EcoCell™ lithium battery hybrid technology and high-line power on drilling operations Natural gas lowers CO2 emissions by 30% compared to diesel² AMITERSON. Dual fuel can lower annual fuel costs by more than $10 million per fleet¹ Additional natural gas-powered fleets would be replacements as the combined company will continue the strategy to upgrade diesel powered assets, responsibly, over time, to maximize the return on investment PATTERSON PATTERSON-UTI NEXTIER Patterson-UTI has been successfully testing remote engine automation for reduced fuel usage Sources: 1NEX Internal Estimates, 2U.S. Energy Information Administration 21 24
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