JANUARY 2023

Investor Summary

  • NYSE: FTK

Forward-Looking Statements

Certain statements set forth in this presentation constitute forward-looking statements (within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934) regarding Flotek Industries, Inc.'s business, financial condition, results of operations and prospects. Words such as will, continue, expects, anticipates, intends, plans, believes, seeks, estimates and similar expressions or variations of such words are intended to identify forward-looking statements, but are not the exclusive means of identifying forward-looking statements in this press release. Although forward- looking statements in this presentation reflect the good faith judgment of management, such statements can only be based on facts and factors currently known to management. Consequently, forward-looking statements are inherently subject to risks and uncertainties, and actual results and outcomes may differ materially from the results and outcomes discussed in the forward-looking statements. Further information about the risks and uncertainties that may impact the Company are set forth in the Company's most recent filing with the Securities and Exchange Commission on Form 10-K (including, without limitation, in the "Risk Factors" section thereof), and in the Company's other SEC filings and publicly available documents. Readers are urged not to place undue reliance on these forward-looking statements, which speak only as of the date of this presentation. The Company undertakes no obligation to revise or update any forward-looking statements in order to reflect any event or circumstance that may arise after the date of this presentation.

Investor Presentation / January 2023

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Investment Summary

FTK is a simple 2023 investment story

  • Rapid revenue growth phase
  • Transition to positive cash flow
  • Improving balance sheet
  • Capital light business model
  • Full cycle resilience

Investor Presentation / January 2023

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Company Overview

FLOTEK INDUSTRIES (FTK)

Technology-driven chemistry and

data analytics company

Marlow, OK

Raceland, LA

Founded:

1985

Monahans, TX

Houston, TX (HQ)

Employees:

164

Abu

Dhabi,

Countries with Clients:

15+

UAE

Headquarters

Corporate Headquarters: Houston

Offices

Chemical Technologies

Data Analytics

Energy Chemistry

Commercial & Consumer

Digital Technologies &

Technologies

Professional Chemistry

Data Analytics

Sustainable stimulation chemistry to

High-performance products for

Transforming business through real-time data, monitoring

maximize production and minimize

commercial and personal use.

and visualization across the energy value chain.

environmental impact.

Investor Presentation / January 2023

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Flotek Revenue Opportunity

Managing for Rapid Growth

Quarterly Consolidated Revenue

$60,000

$50,000

$40,000

$30,000

$20,000

$10,000

$-

Q1

Q2

Q3

Q4

Q1

Q2

Q3

Q4

Q1

Q2

Q3

Q4

2020A 2020A 2020A 2020A 2021A 2021A 2021A 2021A 2022A 2022A 2022A 2022E

  • Q3 2022 revenue up 55% QoQ
  • Average frac fleets serviced up 7.75x YoY
  • 5X increase in volume of custom chemistry solutions provided YoY
  • Improving working capital metrics
  • Only 10% addition to headcount
  • Zero lost time incidents in field operations

Investor Presentation / January 2023

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Disclaimer

Flotek Industries Inc. published this content on 26 January 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 26 January 2023 13:32:02 UTC.