Natural Gas Services Group, Inc. announced that In connection with the impending departure on February 28, 2023, of Micah C. Foster, the Company's Chief Financial Officer, on February 8, 2023, the Company entered into a Letter Agreement with James D. Faircloth pursuant to which he will be employed as the Company's Interim Chief Financial Officer upon Mr. Foster's departure. J.D. Faircloth, 73, has approximately 25 years of public accounting audit experience, and approximately 25 years of experience serving primarily at public and privately owned entities. In 2004, Mr. Faircloth joined Johnson, Miller & Co., CPA's PC as an audit supervisor and became an audit partner in 2008.

He served in this capacity until September 2020, at which time Johnson, Miller & Co. merged with Whitley Penn LLP, a public accounting firm, where Mr. Faircloth subsequently retired as an Audit Principal in June 2021. From 1980 through 2004, Mr. Faircloth served various public and privately owned entities as chief executive officer, chief financial officer and as a financial accounting consultant.

From 1972 to 1980, Mr. Faircloth was an auditor with Peat, Marwick, Mitchell & Co. (now KPMG LLP) serving mostly public and privately owned oil and gas entities. Mr. Faircloth holds a BBA in Accounting from Hardin-Simmons University and an MBA from the University of Texas at Austin and has been a Certified Public Accountant in Texas since 1974.