Mammoth Energy Services: Barclays 2021 CEO Energy-Power Conference

Forward-looking statements

The information contained in this Mammoth Energy Services, Inc. (“Mammoth” or “Mammoth Energy”) investor presentation includes “forward-looking statements”. All statements, other than statements of historical fact that deal with activities, events or developments that Mammoth expects, believes or anticipates, will occur or may occur in the future are forward-looking statements. The words “anticipate”, “believe”, “ensure”, “expect”, “if”, “intend”, “plan”, “estimate”, “plan”, “foresee”, “predict” “,” prospects “,” aim “,” will “,” could “,” should “,” potential “,” would “,” may “,” probable “,” probable “and other similar expressions, and their negative form , are intended to identify forward looking statements. Without limiting the generality of the foregoing, the forward-looking statements contained in this investor presentation may include statements, estimates and projections regarding Mammoth’s business prospects and plans, its future financial condition, liquidity and capital resources. , its operations, its performances, its acquisitions, its returns, its capital expenditures. budgets, costs and other guidance for future developments. Forward-looking statements are not guarantees of future performance. These forward-looking statements are based on the current expectations and beliefs of management, forecasts of existing operations of Mammoth, experience and perception of historical trends, current conditions, anticipated future developments and their effects on Mammoth, and of other factors deemed appropriate. Although management believes that the expectations and assumptions reflected in these forward-looking statements are reasonable as they are made, no assurance can be given that these assumptions are correct or that any of these expectations will be achieved ( completely or not at all). In addition, these forward-looking statements are subject to significant risks and uncertainties, including those described in Mammoth’s annual reports on Form 10-K, quarterly reports on Form 10-Q, current reports on Form 8-K and other documents filed by Mammoth with the Securities and Exchange Commission (“SEC”), which may cause actual results to differ materially from its historical experience and present expectations or projections implied or expressed by the forward-looking statements. Important factors that could cause actual results to differ materially from forward-looking statements include, but are not limited to: the severity and duration of the COVID-19 pandemic; related global and national health issues and the resulting economic repercussions and negative impact on the demand for Mammoth’s services; the volatility of oil and natural gas prices and the actions of OPEC members and other exporting countries affecting commodity prices and production levels; operational challenges related to the COVID-19 pandemic and efforts to mitigate the spread of the virus, including logistical challenges; protect the health, safety and welfare of Mammoth employees; remote working arrangements; contract enforcement and supply chain disruptions; failure to receive or delays in receiving government authorizations, approvals and / or payments; the outcome of ongoing government investigations and other legal proceedings, including those relating to contracts awarded to Mammoth’s subsidiary, Cobra Acquisitions LLC by the

Puerto Rico Electric Power Authority and contracts for pressure pumping and natural sand support services from Mammoth; Mammoth’s inability to replace previous levels of work in

its business segments, including its infrastructure and well completion service segments; risks related to economic conditions; the loss or disruption of operations of one or more of Mammoth’s major suppliers or customers; the outcome or resolution of Mammoth’s litigation, including its litigation with Gulfport Energy Corporation and MasTec Renewables Puerto Rico, LLC; the effects of government regulations, permits and other legal requirements; operational risks; the adequacy of capital resources and liquidity; weather situation; natural disasters; volatility of commodity markets; competition in the oil and gas and infrastructure industries; and the costs and availability of resources.

Investors are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date of this presentation. Unless otherwise provided by applicable law, we disclaim any obligation to update and do not intend to update any forward-looking statements, all of which are expressly qualified by the statements in this section, to reflect events or developments. circumstances after the date of this presentation.

This presentation includes financial measures that are not presented in accordance with generally accepted accounting principles (“GAAP”), including adjusted EBITDA. Although management believes that these non-GAAP measures are useful to investors, they should not be used as a substitute for financial measures in accordance with GAAP. Please see the Appendix and Mammoth’s filings with the SEC for reconciliations of these measures to comparable GAAP measures.

Industry and market data

This presentation has been prepared by Mammoth and includes market data and other statistical information from third party sources, including independent industry publications, government publications, or other independent published sources. Although Mammoth believes these third-party sources are reliable as of their respective dates, Mammoth has not independently verified the accuracy or completeness of this information. Some data is also based on Mammoth’s good faith estimates, which are derived from its review of internal sources as well as third-party sources described above.


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