1 NASDAQ: PFHC 2022 First Quarter Investor Presentation June 2022 www.PFHoldingsCorp.com
2 Safe Harbor Forward-Looking Statements This presentation (and the oral statements made in connection therewith) includes forward-looking statements, which include, without limitation, statements that are predictive in nature, that…
3 Recent Highlights and First Quarter 2022 Results 1Q22 Financial Results Exceeded Internal Expectations Closed on acquisition of FTS International Completed IPO and began trading on NASDAQ Consolidated 1Q22 revenues were…
4 Second Quarter and Full Year 2022 Outlook Metrics Market Demand Continues to Increase Estimated (est.) 2Q22 average active fleets = 31 fleets Est. Q2 Annualized Adjusted EBITDA per fleet = 23-25 million/ fleet Est.…
5 Balance Sheet Overview of Balance Sheet Long-term debt outstanding New ABL Credit Facility: Resized existing ABL facility to March (mm) Current 200mm 2022 Borrowings primarily incurred to finance the FTSI ABL Credit Facility…
6 Disciplined Capex Deployment Strategy and Lower Maintenance Costs Relative to Peers 2022 Capital budget Areas of focus(1) Capex philosophy 240 - 290 Align growth capital expenditures with visible customer demand Equipment…
7 NASDAQ: PFHC Company Overview www.PFHoldingsCorp.com
8 Company Overview ProFrac is a growth-oriented, vertically integrated and innovation driven energy services company ProFrac was founded in 2016 with the goal of becoming the Portfolio of New and Upgraded Equipment go-to service…
9 Pursuit of Operational Excellence Drives Sustainable Profitability Sustainability Initiatives Retiring & Upgrading Older, Less Technologically Advanced Fleets Agreement with USWS to acquire up to 20 licenses for Clean Fleet tech…
10 ProFracs Proven and Committed Growth Strategies Acquire/Retire/Replace Accretively Expand Offering Acquire older generation diesel frac fleets at attractive prices Selectively invest to increase our ProFracs scale and…
11 Financial Investment Highlights and Philosophy Investment Highlights & Philosophy Premium Justified by of our top-tier fleet, new technology and holistic suite of services that we believe is responsive to our Pricing…
12 Completed Transformative Acquisition of FTS International Delivers on core strategy while enhancing scale and vertical integration Summary This transaction also reunites FTSI with the ProFrac management team, led by the Wilks…
13 Captured Incremental Cash Flows for Legacy FTSI Fleets 2021 Adjusted EBITDA / Fleet (mm)(1) Strong Pricing Expected to Continue Leveraged an opportunity to increase FTSIs fleet profitability to that of ProFracs Illustrative pro…
14 Vertical Integration Increase Overall Efficiencies Manufacturing Permian In-Basin Sand FHE Flotek Preferred equity investment in a Strategic investment in a proprietary downhole and technology-driven, specialty surface…
15 Leading Operating Performance Will Continue to be Rewarded by Our Customers ProFracs Commercial Strategy is Supported by Our Ability to Attract Premium Pricing 1 2 Ability to Bundle and 3 Diversified Customer Base Top-Tier…
16 Experienced and Proven Management Team Ladd Wilks Lance Turner Coy Randle Matthew Wilks Robert Willette Chief Executive Officer Executive Chairman of the Chief Legal Officer and Chief Financial Officer Chief Operating Officer…
17 Leading Management Backed by Experienced Sponsor Dan and Farris Wilks have a proven history of founding and growing pressure pumping companies Combined, they have more than 75 years of experience in the energy and energy services…
18 Investment Highlights ProFrac is a growth-oriented, vertically integrated and innovation-driven energy services company High Performing Pressure Pumping Fleet that has Consistently Outperformed Peers Focused on Cash Flow and…
19 Investor Contacts: Lance Turner Chief Financial Officer investorsprofrac.com 254-776-3722 Ken Dennard / Rick Black PFHCdennardlascar.com 713-529-6600 www.PFHoldingsCorp.com
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21 Pro Forma Reconciliation of Adjusted EBITDA to Net Income (Loss)
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