Investor Presentaiton

Differentiated Margin Profile Through the Cycle Total Adjusted EBITDA Margin (2014 - 2023) (1 (1)(2) 2023 Adjusted EBITDA Margin (1)(2) 34% 24% 20% 18% 13% 13% 12% Peer A Peer B Peer C Peer D Peer E Peer F 36% 21% 17% G 12% 11% 11% 10% Peer C Peer A Peer E Peer D Peer B Peer F Strength of margin profile relative to peers maintained through the cycle Note: Historical Cactus data prior to February 28, 2023 not inclusive of FlexSteel. Source: Factset, Company filings. 1) 2) Peer data represents Adjusted EBITDA where available per company filings and presentations. Peers include: ChampionX, Core Laboratories, Dril-Quip, National Oilwell Varco, Oil States International and TechnipFMC. Cactus' computation of Adjusted EBITDA may not be comparable to other similarly titled measures of other companies. TechnipFMC data represents FMC Technologies financial data from 2014 to 2016 and TechnipFMC plc data pro forma for the separation of Technip Energies for 2017-2021. EBITDA and Adjusted EBITDA are non-GAAP financial measures. The Appendix at the back of this presentation contains a reconciliation of Cactus EBITDA and Adjusted EBITDA to net income, the most comparable financial measure calculated in accordance with GAAP. Adjusted EBITDA Margin is defined as Adjusted EBITDA expressed as a percentage of Revenue. 7

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