Patterson-UTI Energy (PTEN) Proxy filing summary

Voting matters and shareholder proposals

• Election of ten directors, including Tiffany (TJ) Thom Cepak, Robert W. Drummond, and others, is up for shareholder vote.

• Proposal to amend the 2021 Long-Term Incentive Plan is presented for approval.

• Ratification of PricewaterhouseCoopers LLP as the independent registered public accounting firm for the fiscal year ending December 31, 2026.

• Advisory vote on executive compensation for named executive officers is included.

• Proxies are authorized to vote on other business that may arise at the meeting.

Board of directors and corporate governance

• Ten nominees are listed for election to the board at the 2026 annual meeting.

• Shareholders are encouraged to review proxy materials and vote by June 3, 2026.

Executive compensation and say-on-pay

• Advisory approval of compensation for named executive officers is a voting item.

• Amendment to the 2021 Long-Term Incentive Plan is proposed for shareholder approval.