Ethics & Compliance Hotline Home About Sustainability Our Services News Investors Contact Careers Press Releases In the News In the News Newpark Resources, Core Laboratories and ProPetro Capture Top Spots in Energypoint Research’s 2021 Oilfield Services Customer Satisfaction Survey Apr 21, 2021 Simul-Frac Gains Momentum in US Shale, Cuts Completion Times In Half Feb 8, 2021 © 2021 ProPetro Holding Corp. All Rights Reserved. Privacy Policy Disclaimer Sitemap

Ethics & Compliance Hotline Home About Sustainability Our Services News Investors Contact Careers Press Releases In the News Press Releases ProPetro Announces Settlement of Previously Disclosed Securities and Exchange Commission Matter DOWNLOAD AS PDF Nov 22, 2021 • 4:42 PM EST MIDLAND, Texas--(BUSINESS WIRE)-- ProPetro Holding Corp. (“ProPetro” or the “Company”) (NYSE: PUMP) today announced that it has entered into a settlement with the U.S. Securities and Exchange Commission (the “SEC”), resolving the previously disclosed SEC investigation relating to the Company. The Company was not required to pay any monetary penalty and has no ongoing undertakings in connection with the settlement. Under the terms of the settlement, the Company, without admitting or denying the findings in the administrative order issued by the SEC, has agreed to cease and desist from violations of specified provisions of the federal securities laws and rules promulgated thereunder relating to the books and records, internal control and proxy disclosure provisions of the securities laws and rules. Phillip Gobe, Executive Chairman, commented, “The Company fully cooperated with the SEC over the course of its investigation. The SEC’s administrative order recognizes not only the significant value of the Company’s cooperation but also the considerable remedial actions taken by the Company to strengthen its internal policies, governance and internal control over financial reporting and to embed those improvements into the Company’s culture. All material weaknesses previously identified have been fully remediated, and ProPetro is a stronger company today as a result of the actions we have taken to enhance our culture.” About ProPetro ProPetro Holding Corp. is a Midland, Texas-based oilfield services company providing pressure pumping and other complementary services to leading upstream oil and gas companies engaged in the exploration and production of North American unconventional oil and natural gas resources. For more information, please visit www.propetroservices.com. View source version on businesswire.com: https://www.businesswire.com/news/home/20211122006649/en/ ProPetro Holding Corp David Schorlemer, 432-227-0864 Chief Financial Officer David.Schorlemer@propetroservices.com ProPetro Holding Corp Josh Jones, 432-276-3389 Director of Finance Josh.Jones@propetroservices.com Source: ProPetro Holding Corp. Released November 22, 2021 © 2021 ProPetro Holding Corp. All Rights Reserved. Privacy Policy Disclaimer Sitemap