Company: NINE
Filing Date: 2025-03-06
Form Type: DEF 14A
Source: 0001193125-25-048494
Chunk: 17

Company: Nine Energy Service, Inc.
Filing Date: 2025-03-06
Form: DEF 14A
Chunk 17
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 Strategy
Oversight of the Company’s business strategy and strategic planning is a key responsibility of the Board. The Board believes that overseeing and monitoring strategy is a continuous process and takes a multilayered approach in exercising its duties. The Board is committed to oversight of the Company’s business strategy and strategic planning, including work embedded in the Board committees, regular Board meetings and a dedicated meeting each year to focus on strategy. This ongoing effort enables the Board to focus on Company performance over the short, intermediate and long term, as well as the quality of operations. In addition to financial and operational performance, non-financial measures, including sustainability goals, are discussed regularly by the Board and Board committees.

While the Board and its committees oversee strategic planning, Company management is charged with executing the business strategy. To monitor performance against the Company’s strategic goals, the Board receives regular updates and actively engages in dialogue with our Company’s senior leaders. The Board’s oversight and management’s execution of business strategy are viewed with a long-term mindset and a focus on assessing both opportunities for and potential risks to the Company.

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ESG Strategy In 2024, the Company achieved several key milestones that reinforce its commitment to long-term sustainability, including the following:

| • |     | The Company released its inaugural Sustainability Report, which highlights efforts to integrate health, safety, and sustainability, while showcasing progress on Environmental, Social, and Governance (“ESG”) priorities. These efforts include quantifying and reducing emissions, improving operational efficiency, and improving depth of data collection and analysis. Additionally, the Company workshopped and evaluated potential internal frameworks to reduce Scope 1 and Scope 2 greenhouse gas (GHG) emissions, including the development of guidelines and actionable steps designed to facilitate the improvement of its sustainability performance. |

| • |     | The Company reported to CDP and EcoVadis, strengthening relationships with stakeholders and reinforcing the Company’s commitment to sustainability reporting frameworks and disclosures. The Company engaged internal departments to better understand suppliers and supply chain engagement to improve sustainability and address key challenges and opportunities. |

| • |     | The Company launched a comprehensive waste and chemical management improvement program, addressing environmental risks and promoting sustainable practices. In line with water stewardship goals, the Company completed a thorough assessment of water usage and tracking, identifying gaps and creating a roadmap to enhance water accounting and efficiency. |

In 2025, the Board is focused on building on its 2024 successes related to the key priorities that will drive further reductions in