Liberty Energy (LBRT) investor relations material

Conference Overview

• The 31st EnerCom Denver Energy Investment Conference brought together energy leaders, investors, and innovators for presentations, discussions, and networking opportunities.

• Sponsors included global and regional firms, focusing on energy consulting, investor relations, and industry news.

• Keynote speaker Ron Gusek, CEO of Liberty Energy, addressed macro energy issues, company evolution, and industry trends.

Macro Energy Landscape and Global Disruptions

• The Strait of Hormuz disruption removed 2.5 billion barrels of oil from the global market over six months, but oversupply and flexible demand, especially from China, prevented extreme price spikes.

• The U.S. shifted from the world’s largest oil importer to the largest producer, with significant growth in LNG and natural gas production.

• North American energy production enhances trade balances and resilience against global supply shocks, with oilfield services critical to sustaining supply.

• Global energy demand has grown from 500 to 625 exajoules since 2010, with oil, gas, and coal still providing 85% of supply.

• Access to affordable, reliable energy is linked to improved human wellbeing and life expectancy.

Company Mission, Growth, and Strategic Focus

• The mission centers on bettering human lives through energy, both internally and globally, with a strong culture and focus on people as differentiators.

• Growth from a two-person startup to a 6,000-employee leader in oilfield services, expanding into power generation and supporting hyperscalers.

• Strategic acquisitions focused on core strengths, with vertical integration into power generation to support electric fleets and data centers.

• Focus on delivering technology, infrastructure, and services for low-cost energy advantage in North America, serving oil, gas, geothermal, and power markets.

• Vertically integrated operations across completions, technology, manufacturing, logistics, and distributed power solutions.