DTI unit to acquire Saltire Energy and Foxley Energy under Oct. 8, 2026 Share Purchase Agreement

Drilling Tools International Corp

Drilling Tools International's Casing Technologies Group Limited agreed on Oct. 8, 2026 to acquire all issued share capital of Saltire Energy Limited and Foxley Energy Limited.
Sellers include Saltire Energy Limited and Foxley Energy Limited; Jack William Loggie is named Seller Representative.
DTI hosted an Oct. 8, 2026 conference call; transcript furnished as Exhibit 99.1, featuring CEO Wayne Prejean, CFO David R. Johnson and Saltire CEO Michael David Loggie.
DTI intends to file a Form S-4 registration statement/proxy prospectus and submit issuance of DTI common stock to stockholders; communication under Rule 425.
DTI common stock trades on Nasdaq under ticker DTI; Saltire and Foxley are private limited companies incorporated in Scotland.

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