Forum Energy Technologies (FET) Fireside Chat summary

Introduction and agenda

• Discussion focused on technology solutions for oil, gas, industrial, and renewable energy sectors, with emphasis on operational efficiency, innovation, and market expansion.

• Forward-looking statements and strategic initiatives were highlighted, including balance sheet management and shareholder value creation.

Background and experience of the speaker

• Many engineers and leaders have direct field experience and have worked for customers, providing deep industry insight.

Current industry trends

• Customers seek cost-effective hydrocarbon recovery and operational efficiency.

• Industry consolidation, such as recent oil sands asset sales, can create new demand opportunities.

• Electrification of oil fields and rising power demand, especially in regions like West Texas, are shaping product needs.

• Energy transition markets, including emissions reduction, renewables, and carbon capture, are gaining traction.