On January 11, 2023, the board of directors of ProFrac Holding Corp. approved the following actions, each effective as of January 13, 2023: the size of the Company's Board was increased from five to six members, in accordance with the Amended and Restated Certificate of Incorporation and the Amended and Restated Bylaws of the Company; (ii) Mr. Coy Randle was promoted from the position of Chief Operating Officer to become a member of the Board, filling the vacancy created by the increase in Board size described above; and (iii)Mr. Phillip Blaine Wilbanks, the company's Senior Vice President of Operations, was promoted to the position of Chief Operating Officer. Coy Randle – Mr. Randle, 61, joined the company in May 2018 as the Company's Senior Vice President of Operations, and has served as the Company's Chief Operating Officer since October 2018.

Mr. Randle has over 40 years of experience in the energy industry. Prior to joining the Company, Mr. Randle provided technical consulting services for New Tech Global Ventures, LLC from 2017 to May 2018. Prior to that, Mr. Randle served as Chief Operating Officer of FTS International Inc. (“ FTSI ”), now an indirect subsidiary of the Company, from March 2010 to October 2015, as Senior Vice President of Operations from January 2008 to March 2010, and as Division Manager from March 2007 to January 2008.

As a director, Mr. Randle will be entitled to the compensation payable to the Company's non-employee directors under the Company's director compensation program. Phillip Blaine Wilbanks – Mr. Wilbanks, 39, has served as the Company's Senior Vice President of Operations since August 2018. Prior to joining ProFrac, he spent 13 years at FTSI, serving in multiple roles of increasing responsibility, including Director of Engineering and Chief Operating Officer of FTSI's joint venture in China.

Mr. Wilbanks holds a B.S. in Petroleum Engineering from Texas A&M University, and an M.B.A. from The Pennsylvania State University.