KLX Energy Services (KLXE) investor relations material

Company overview and business model

• Provides diversified oilfield services to onshore oil and gas exploration and production companies across all major U.S. basins, focusing on drilling, completion, production, and intervention activities for technically demanding wells.

• Operates over 60 service and support facilities nationwide, offering proprietary products and specialized services supported by skilled personnel and in-house manufacturing, repair, and maintenance capabilities.

• Primary services include coiled tubing, directional drilling, hydraulic fracturing rentals, fishing, pressure control, wireline, snubbing, fluid pumping, flowback, testing, and well control.

• Incorporated in Delaware in 2018 and became an independent, publicly traded company following a spin-off.

Financial performance and metrics

• Incorporates by reference the Annual Report on Form 10-K for the year ended December 31, 2025, the Quarterly Report on Form 10-Q for the period ended March 31, 2026, and a Current Report on Form 8-K filed on May 11, 2026, which contain detailed financial information.

• As of April 30, 2026, there were 19,911,759 shares of common stock outstanding.

Use of proceeds and capital allocation

• Net proceeds from the sale of securities may be used for general corporate purposes, including paying or refinancing indebtedness, funding acquisitions, capital expenditures, and working capital.

• Specific application of proceeds for each offering will be described in the applicable prospectus supplement.

• The company will not receive proceeds from the sale of common stock by selling stockholders; such proceeds will go to the selling stockholders.