ProPetro Holding Corp. has entered into a three year Hydraulic Fracturing Services Agreement (the "Agreement?) to provide electric hydraulic fracturing services to ExxonMobil in the Permian Basin. ProPetro will deliver and dedicate FORCESMelectric-powered hydraulic fracturing fleets to provide fracture stimulation pumping services coupled with Silvertip wireline and pumpdown services along with other products in connection with such services.

The agreement includes the deployment of two FORCESM electric hydraulic fracturing fleets, wireline, and pumpdown services in the first half of 2024 with an option for a third FORCESM fleet with wireline and pumpdown services to commence operations in early 2025. The services are to be delivered over a three-year term with various provisions including performance incentives.