On August 1, 2023, the Board of Directors of Cactus, Inc. approved the following leadership changes to the Board and the officers of the Company, effective immediately: Scott Bender, a member of the Board, was appointed as Chairman of the Board, replacing Bruce Rothstein. Bruce Rothstein will remain a director of the Company. Scott Bender will also continue as Chief Executive Officer of the Company.

Joel Bender, a member of the Board, was appointed as President, replacing Scott Bender in that role. Joel Bender will remain a director of the Company. Steven Bender was appointed as Chief Operating Officer, replacing Joel Bender in that role.

Gary Rosenthal, an independent member of the Board, was appointed as Lead Independent Director of the Board. Scott Bender, age 69, has been the Company?s Chief Executive Officer and one of the Company?s directors since 2011, and he was the Company?s President from 2011 until August 1, 2023. Joel Bender, age 64, has been one of the Company?s directors since 2011 and, he was the Company?s Senior Vice President and Chief Operating Officer from 2011 until his appointment as President on August 1, 2023.

Steven Bender, age 40, was the Company?s Vice President of Operations from 2011 until his appointment as Chief Operating Officer on August 1, 2023. Gary Rosenthal, age 74, has served as one of the Company?s directors since January 2018. Mr. Rosenthal has been a partner in The Sterling Group, L.P., a private equity firm based in Houston, Texas, since January 2005.