# Dear Fellow
Shareholders

_Source: `DeepSeekOCR_Ardian_pruned_1k/energy-oil-gas-equipment-services/NYSE_FTK_2021/NYSE_FTK_2021.mmd` · pages 1-7_

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Dear Fellow
Shareholders

From John W. Gibson, Jr.

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Flotek experienced a transformational 2021 by remaining focused on our priorities:

Flawless Execution - We had a zero total recordable incident rate, zero spills and zero non-productive time in 2021. This accomplishment resulted from our obsessive focus on the safety of our employees, customers and other stakeholders.

Environmental Leadership - Responsible stewardship of the environment is in our DNA. We are focused on enabling our customers to replace some of the most toxic and carcinogenic chemicals in the world with plant-based and biodegradable alternatives. In addition to our core business supplying green chemicals to the oil and gas industry, we are exploring various other use cases including solar panel coatings. Combined with our "ESG Scorecard" methodology we've developed for our customers, we are achieving our vision of becoming the industry's trusted environmental partner.

Capital Discipline - Our blending facility in Marlow, OK retains the capacity to support the recently announced contracts with ProFrac, as well as new organic growth, without the investment of additional capital.
Sustainable Revenue - Our contract with ProFrac provides a solid foundation of recurring revenue on which to build. In place currently is an estimated $200MM+ contract to supply chemicals for a minimum of ten of ProFrac's fleets for three years. Our proxy statement for the upcoming May 9 Special Meeting includes a proposal to expand that contract to a minimum of 30 fleets for ten years. This expanded contract, with an estimated value of $2B+, is truly transformational for our business, and we ask for your approval of our proposals at the Special Meeting.

Profitability - We expect our improved operational execution to result in upper quartile performance for SG&A as a percentage of revenue under our new contracts. Margins are a key focus for our team as we ramp up new opportunities.

Low Leverage - We believe strongly in limiting the use of debt financing to maintain balance sheet flexibility. Our leadership team understands the highly cyclical nature of the industries in which we conduct business. In order to ensure success over the full business cycle, we aim to finance the company in the most responsible way possible by responsibly using debt and equity with a focus on long-term sustainability.

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We've invested in the transformation of Flotek over the last two difficult years, and we have now emerged as a trusted supplier of sustainable solutions. Our new contract and proposed extension create a foundation for stability and growth that differentiates Flotek from competitors. We intend to convert this momentum to further solidify Flotek as a leading environmental solution provider for our customers. This, combined with a focus on our strategic priorities and a leadership team that is strongly committed to making Flotek a success for all stakeholders, should result in improving financial performance in the years to come.

You are invited to join us for our two in-person meetings of shareholders.

The first meeting occurs on May 9, 2022 at 10 a.m. Central Time at 1301 McKinney St., Suite 5100, Houston, Texas. This is a Special Meeting seeking approval of the proposed transaction with ProFrac Holdings, LLC. We encourage you to vote in favor of this transaction and the related proposals. We feel this pivotal expansion to our existing contract with ProFrac guaranteeing a decade of recurring revenue assures Flotek's future as a leader in the development and delivery of sustainable chemistry.
The second in-person meeting is our 2022 Annual Meeting of Shareholders and occurs on June 9, 2022 at 10 a.m. Central Time at 1301 McKinney St., Suite 5100, Houston Texas. At the Annual Meeting, we are seeking approval of director nominees, an advisory vote on our executive compensation, and, for the first time, direct shareholder input on my performance as CEO. We believe that this represents the next evolution in corporate governance.

Your vote is important. We urge you to read the the proxy statements for the Special Meeting and the Annual Meeting and vote in accordance with the Board of Directors' recommendations.

I want to thank you for your ongoing support. The future is bright for Flotek, and we're excited to see where we can take it.

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—John W. Gibson, Jr.

Chairman, CEO and President