KLX Energy Services Holdings, Inc. — fact timeline

KLX Energy Services Holdings, Inc. issued 627,521 shares of common stock of common stock to certain holders (the “Noteholders”) of the Company’s Senior Secured Floating Rate Cash / PIK Notes due 2030 for $2.19 million in aggregate principal amount of the Company’s outstanding Notes.

“During the period from May 21, 2026 through the date of this Current Report on Form 8-K, the Company entered into debt for equity exchange agreements (the “Exchange Agreements” and each, an “Exchange Agreement”) with certain holders (the “Noteholders”) of the Company’s Senior Secured Floating Rate Cash / PIK Notes due 2030 (the “Notes”). Pursuant to the Exchange Agreements, the Noteholders exchanged $2.19 million in aggregate principal amount of the Company’s outstanding Notes for an aggregate of 627,521 shares of common stock (the “Exchanges” and each, an “Exchange”).”

KLX Energy Services Holdings, Inc. issued 19.9% of the outstanding shares of common stock as of immediately prior to the First Deferred Payment Date (the "Common Stock Consideration Cap"). Based on the of common stock to Wolf Pack for deferred payments of $1.5 million each.

“Adds $38.2 Million Revenue Business at Compelling Valuation Transaction Highlights • Purchase price of $17 million — $14 million at closing, plus two deferred payments of $1.5 million each at six and twelve months, payable in cash or KLX stock at KLX’s discretion • Cashflow accretive. Wolfpack reported 2025 revenue of $38.2 million and Adjusted EBITDA of $5.8”

KLX Energy Services Holdings, Inc. completed an acquisition involving Wolf Pack Rentals, LLC for $17.0 million (closed 2026-06-02).

““Buyer”), the Company and, solely for purposes of Section 8.05 thereto, Stevie Cooper and Stewart Cooper (the “Purchase Agreement”). The purchase price for the Acquisition is $17.0 million, subject to customary post-closing adjustments and to be paid as follows: (i) on the Closing Date, the Buyer paid the Seller $14.0 million in cash; (ii) 180 days after the”

KLX Energy Services Holdings, Inc. entered into Purchase Agreement with Wolf Pack Rentals, LLC valued at $17.0 million (effective 2026-06-02).

“Purchase and Sale Agreement On June 2, 2026 (the “Closing Date”), KLX Energy Services Holdings, Inc., a Delaware corporation (the “Company”), completed the acquisition (the “Acquisition”) of certain assets owned by Wolf Pack Rentals, LLC, a Texas limited liability company (“Wolf Pack” or the “Seller”), pursuant to that certain asset purchase agreement, dated June 2, 2026 , by and among Wolf Pack, KLX Energy Services LLC, a Delaware limited liability company and indirect wholly owned subsidiary of the Company (the “Buyer”), the Company and, solely for purposes of Section 8.05 thereto, Stevie Cooper and Stewart Cooper (the “Purchase Agreement”).”

KLX Energy Services Holdings, Inc. reported First quarter ended March 31, 2026 results: revenue $145 million, net income $(24) million, EPS $(1.23).

“KLX Energy Services Holdings, Inc. (Nasdaq: KLXE) (“KLX”, the “Company”, “we”, “us” or “our”) today reported financial results for the first quarter ended March 31, 2026. First Quarter 2026 Financial and Operational Highlights • Revenue of $145 million • Net loss of $(24) million and diluted loss per share of $(1.23) • Adjusted EBITDA of $11.1 million • Net loss margin of (17)% • Adjusted EBITDA margin of 8% • Total liquidity of $48 million, consisting of approximately $6 million of cash and cash equivalents, and approximately $42 million of available borrowing capacity under the March 2026 asset-based revolving credit facility (the “ABL Facility”) borrowing base certificate, inclusive of the undrawn first-in-last-out (“FILO”) capacity”

KLX Energy Services Holdings, Inc. shareholders approved Selection of Independent Registered Public Accounting Firm - Deloitte & Touche LLP at the 2026-05-06 meeting.

“Item No. 6 – Selection of Independent Registered Public Accounting Firm . The selection of Deloitte & Touche LLP was ratified. Votes were as follows: FOR AGAINST ABSTAIN BROKER NON-VOTES 12,546,443 1,206,721 12,044 0”

KLX Energy Services Holdings, Inc. shareholders rejected Elimination of the Supermajority Voting Requirement to Amend the Company's Certificate of Incorporation at the 2026-05-06 meeting.

“Item No. 5 – Elimination of the Supermajority Voting Requirement to Amend the Company’s Certificate of Incorporation . The elimination of the supermajority voting requirement to amend the Company’s certificate of incorporation was not approved, as the affirmative vote of 66 2/3% in voting power of the outstanding voting stock of the Company was required for approval. Votes were as follows: FOR AGAINST ABSTAIN BROKER NON-VOTES 3,941,445 755,454 550,048 8,518,261”

KLX Energy Services Holdings, Inc. shareholders rejected Elimination of the Supermajority Voting Requirement to Amend the Company's Bylaws at the 2026-05-06 meeting.

“Item No. 4 – Elimination of the Supermajority Voting Requirement to Amend the Company’s Bylaws . The elimination of the supermajority voting requirement to amend the Company’s bylaws was not approved, as the affirmative vote of 66 2/3% in voting power of the outstanding voting stock of the Company was required for approval. Votes were as follows: FOR AGAINST ABSTAIN BROKER NON-VOTES 3,973,427 759,312 514,208 8,518,261”

KLX Energy Services Holdings, Inc. shareholders approved Compensation of Named Executive Officers (non-binding, advisory basis) at the 2026-05-06 meeting.

“Item No. 3 – Compensation of Named Executive Officers . The resolution to approve the compensation of Named Executive Officers on a non-binding, advisory basis was approved. Votes were as follows: FOR AGAINST ABSTAIN BROKER NON-VOTES 4,008,678 1,189,463 48,806 8,518,261”

KLX Energy Services Holdings, Inc. shareholders approved Election of Class II Directors at the 2026-05-06 meeting.

“Item No. 2 – Election of Class II Directors . The two nominees were elected to serve as Class II Directors until the 2029 Annual Meeting of Stockholders and until their successors are duly elected or qualified. Votes were as follows: NOMINEE FOR WITHHOLD BROKER NON-VOTES John T. Collins 3,924,578 1,316,868 8,518,261 Danielle E. Hunter 3,949,498 1,296,946 8,518,261”

KLX Energy Services Holdings, Inc. shareholders rejected Declassification of the Board of Directors of the Company at the 2026-05-06 meeting.

“Item No. 1 – Declassification of the Board . The declassification of the Board of Directors of the Company (the “Board”) was not approved, as the affirmative vote of 66 2/3% in voting power of the outstanding voting stock of the Company was required for approval. Votes were as follows: FOR AGAINST ABSTAIN BROKER NON-VOTES 4,494,922 584,884 167,141 8,518,261”

KLX Energy Services Holdings, Inc. reported full year ended December 31, 2025 results: revenue $637 million, net income $(77) million, EPS $(4.12).

“Revenue of $637 million • Net loss of $(77) million, net loss margin of (12)% and diluted loss per share of $(4.12)”

KLX Energy Services Holdings, Inc. reported fourth quarter ended December 31, 2025 results: revenue $157 million, net income $(15) million, EPS $(0.78).

“Revenue of $157 million • Net loss of $(15) million, net loss margin of (10)% and diluted loss per share of $(0.78)”

KLX Energy Services Holdings, Inc. incurred credit facility of Revolving Facility with a $125.0 million commitment, a FILO Facility with a $10.0 million commitment, and a committed In with Eclipse Business Capital LLC, as administrative agent, as collateral agent and as FILO administrative agent and the lenders party thereto at Borrowings under the Revolving Facility bear interest at a rate equal to adjuste.

“agent, as collateral agent and as FILO administrative agent and the lenders party thereto. The New ABL Facility is comprised of an asset-based revolving credit facility with a $125.0 million commitment (the “Revolving Facility”), a first-in-last-out asset-based credit facility with a $10.0 million commitment (the “FILO Facility”), and a committed incremental loan”

KLX Energy Services Holdings, Inc. incurred senior notes of approximately $232 million in aggregate principal amount of Senior Secured Floating Rate Cash / PIK Notes due 2030 with certain holders (the "Investors") of its existing 11.500% senior secured notes due 2025 at floating rate of interest of Term SOFR plus the Applicable Margin based on the S maturing March 2030.

“On March 7, 2025, KLX Energy Services Holdings, Inc. (the “Company”) and certain of its subsidiaries party thereto entered into a Securities Purchase Agreement (the “Securities Purchase Agreement”) with certain holders (the “Investors”) of its existing 11.500% senior secured notes due 2025 (the “Existing Notes”), pursuant to which the Company has agreed to issue and sell to the Investors (a) approximately $232 million in aggregate principal amount of Senior Secured Floating Rate Cash / PIK Notes due 2030 (the “New Notes”)”

Corbin Robertson, Jr. was appointed as Chairman of the Board at KLX Energy Services Holdings, Inc..

“The Board has appointed current director Corbin Robertson, Jr. as Chairman of the Board.”

Dag Skindlo resigned as Director at KLX Energy Services Holdings, Inc..

“On November 12, 2024, Dag Skindlo announced to the board of directors (the “Board”) of the Company his intention to resign with immediate effect.”

KLX Energy Services Holdings, Inc. shareholders approved Selection of Independent Registered Public Accounting Firm at the 2024-05-09 meeting.

“Item No. 7 – Selection of Independent Registered Public Accounting Firm . The selection of Deloitte & Touche LLP was ratified. Votes were as follows: FOR AGAINST ABSTAIN BROKER NON-VOTES 12,647,310 178,223 26,046 0”

KLX Energy Services Holdings, Inc. shareholders rejected Elimination of the Supermajority Voting Requirement to Amend the Company's Certificate of Incorporation at the 2024-05-09 meeting.

“Item No. 6 – Elimination of the Supermajority Voting Requirement to Amend the Company’s Certificate of Incorporation . The elimination of the supermajority voting requirement to amend the Company’s certificate of incorporation was not approved, as the affirmative vote of 66 2/3% in voting power of the outstanding voting stock of the Company was required for approval. Votes were as follows: FOR AGAINST ABSTAIN BROKER NON-VOTES 8,715,558 204,501 17,342 3,914,178”

KLX Energy Services Holdings, Inc. shareholders rejected Elimination of the Supermajority Voting Requirement to Amend the Company's Bylaws at the 2024-05-09 meeting.

“Item No. 5 – Elimination of the Supermajority Voting Requirement to Amend the Company’s Bylaws . The elimination of the supermajority voting requirement to amend the Company’s bylaws was not approved, as the affirmative vote of 66 2/3% in voting power of the outstanding voting stock of the Company was required for approval. Votes were as follows: FOR AGAINST ABSTAIN BROKER NON-VOTES 8,583,845 338,083 15,473 3,914,178”

KLX Energy Services Holdings, Inc. shareholders approved Frequency of Votes on Compensation of Named Executive Officers at the 2024-05-09 meeting.

“Item No. 4 – Frequency of Votes on Compensation of Named Executive Officers . The stockholders recommended, on a non-binding, advisory basis, that the frequency of future advisory votes on the compensation of Named Executive Officers be once every year. Votes were as follows: ONE YEAR TWO YEARS THREE YEARS ABSTAIN BROKER NON-VOTES 8,508,099 16,557 385,201 27,544 3,914,178”

KLX Energy Services Holdings, Inc. shareholders approved Compensation of Named Executive Officers at the 2024-05-09 meeting.

“Item No. 3 – Compensation of Named Executive Officers . The resolution to approve the compensation of Named Executive Officers on a non-binding, advisory basis was approved as follows: FOR AGAINST ABSTAIN BROKER NON-VOTES 6,206,500 2,687,245 43,656 3,914,178”

KLX Energy Services Holdings, Inc. shareholders approved Election of Class III Director - Corbin J. Robertson, Jr. at the 2024-05-09 meeting.

“Item No. 2 – Election of Class III Directors . The two nominees were elected to serve as Class III Directors until the 2027 Annual Meeting of Stockholders and until their successors are duly elected or qualified. Votes were as follows: NOMINEE FOR WITHHOLD BROKER NON-VOTES Thomas P. McCaffrey 6,913,096 2,024,305 3,914,178 Corbin J. Robertson, Jr. 5,648,391 3,289,010 3,914,178”

KLX Energy Services Holdings, Inc. shareholders approved Election of Class III Director - Thomas P. McCaffrey at the 2024-05-09 meeting.

“Item No. 2 – Election of Class III Directors . The two nominees were elected to serve as Class III Directors until the 2027 Annual Meeting of Stockholders and until their successors are duly elected or qualified. Votes were as follows: NOMINEE FOR WITHHOLD BROKER NON-VOTES Thomas P. McCaffrey 6,913,096 2,024,305 3,914,178 Corbin J. Robertson, Jr. 5,648,391 3,289,010 3,914,178”

KLX Energy Services Holdings, Inc. shareholders rejected Declassification of the Board at the 2024-05-09 meeting.

“Item No. 1 – Declassification of the Board . The declassification of the Board of Directors of the Company (the “Board”) was not approved, as the affirmative vote of 66 2/3% in voting power of the outstanding voting stock of the Company was required for approval. Votes were as follows: FOR AGAINST ABSTAIN BROKER NON-VOTES 8,580,124 346,066 11,211 3,914,178”

KLX Energy Services Holdings, Inc. reported first quarter ended March 31, 2024 results: revenue $175 million, net income $(22) million, EPS $(1.38).

“today reported financial results for the first quarter ended March 31, 2024. First Quarter 2024 Financial Highlights • Revenue of $175 million • Net loss of $(22) million and diluted loss per share of $(1.38)”

KLX Energy Services Holdings, Inc. reported financial results for the fourth quarter ended December 31, 2023.

“issued a press release (the “Press Release”) to report its financial results for the fourth quarter ended December 31, 2023”

Danielle Hunter was appointed as Director at KLX Energy Services Holdings, Inc..

“the Board increased the size of the Board from seven to eight directors by appointing Danielle Hunter to the Board, effective immediately.”

KLX Energy Services Holdings, Inc. reported preliminary financial results for the full year and the fourth quarter ended December 31, 2023.

“On February 26, 2024, KLX Energy Services Holdings, Inc. (“KLXE” or the “Company”) issued a press release (the “Press Release”) to report its preliminary financial results for the full year and the fourth quarter ended December 31, 2023.”

KLX Energy Services Holdings, Inc. reported financial results for third quarter ended September 30, 2023.

“On November 6, 2023, KLX Energy Services Holdings, Inc. (“KLXE” or the “Company”) issued a press release (the “Press Release”) to report its financial results for the third quarter ended September 30, 2023.”

KLX Energy Services Holdings, Inc. reported second quarter ended June 30, 2023 results: revenue $234.0 million, net income $11.4 million, EPS $0.71.

“month impact post closing the acquisition of Greene’s Energy Group, LLC (“Greene’s”) on March 8, 2023. Second Quarter 2023 Financial and Operational Highlights • Revenue of $234.0 million • Net income of $11.4 million, net income margin of 4.9%, diluted earnings per share of $0.71 • Adjusted net income of $13.1 million and adjusted diluted earnings per share of”

KLX Energy Services Holdings, Inc. amended revolving credit of $100 million to $120 million with JPMorgan Chase Bank, N.A. maturing September 15, 2025.

“(the “Company”) entered into a Fourth Amendment to Credit Agreement (the “Fourth Amendment”) with certain of its subsidiaries party thereto, as guarantors, JPMorgan Chase Bank, N.A. (“JPM”), as administrative agent and the lenders party thereto, which amends that certain Credit Agreement, dated as of August 10, 2018, with JPM, as administrative agent, collateral agent and an issuing lender and the other lenders and issuing lenders party thereto from time to time (as amended, the “Credit Agreement”).”

KLX Energy Services Holdings, Inc. amended Fourth Amendment to Credit Agreement with JPMorgan Chase Bank, N.A. valued at Revolving credit commitment increased from $100 million to $120 million; maturity extended to earlie (effective 2023-06-20).

“On June 20, 2023, KLX Energy Services Holdings, Inc. (the “Company”) entered into a Fourth Amendment to Credit Agreement (the “Fourth Amendment”) with certain of its subsidiaries party thereto, as guarantors, JPMorgan Chase Bank, N.A. (“JPM”), as administrative agent and the lenders party thereto, which amends that certain Credit Agreement, dated as of August 10, 2018, with JPM, as administrative agent, collateral agent and an issuing lender and the other lenders and issuing lenders party thereto from time to time (as amended, the “Credit Agreement”).”

KLX Energy Services Holdings, Inc. shareholders approved Selection of Deloitte & Touche LLP as independent auditor for fiscal year ending December 31, 2023 at the 2023-05-10 meeting.

“Item No. 7 – Selection of Independent Registered Public Accounting Firm . The selection of Deloitte & Touche LLP was approved as follows: FOR AGAINST ABSTAIN BROKER NON-VOTES 12,304,784 160,833 67,063 0”

KLX Energy Services Holdings, Inc. shareholders approved Approval of the Amended Plan to extend the expiration date of, and increase the number of shares of the Company’s common stock that may be issued under, the Original Plan at the 2023-05-10 meeting.

“Item No. 6 – Approval of the Amended Plan . The Amended Plan, which extends the expiration date of, and increases the number of shares of the Company’s common stock that may be issued under, the Original Plan, was approved as follows: FOR AGAINST ABSTAIN BROKER NON-VOTES 7,591,512 295,961 56,518 4,588,689”

KLX Energy Services Holdings, Inc. shareholders rejected Reflection of the New Delaware Law Provisions regarding Officer Exculpation at the 2023-05-10 meeting.

“Item No. 5 – Reflection of the New Delaware Law Provisions regarding Officer Exculpation . The reflection of the new Delaware law provisions regarding officer exculpation was not approved, as the affirmative vote of a majority of the outstanding common stock of the Company was required for approval. Votes were as follows: FOR AGAINST ABSTAIN BROKER NON-VOTES 7,593,151 281,917 68,923 4,588,689”

KLX Energy Services Holdings, Inc. shareholders rejected Elimination of the Supermajority Voting Requirement to Amend the Company’s Certificate of Incorporation at the 2023-05-10 meeting.

“Item No. 4 – Elimination of the Supermajority Voting Requirement to Amend the Company’s Certificate of Incorporation . The elimination of the super majority voting requirement to amend the Company’s certificate of incorporation was not approved, as the affirmative vote of 66 2/3% in voting power of the outstanding voting stock of the Company was required for approval. Votes were as follows: FOR AGAINST ABSTAIN BROKER NON-VOTES 7,764,731 122,271 56,989 4,588,689”

KLX Energy Services Holdings, Inc. shareholders rejected Elimination of the Supermajority Voting Requirement to Amend the Company’s Bylaws at the 2023-05-10 meeting.

“Item No. 3 – Elimination of the Supermajority Voting Requirement to Amend the Company’s Bylaws . The elimination of the supermajority voting requirement to amend the Company’s bylaws was not approved, as the affirmative vote of a majority in voting power of the outstanding common stock of the Company was required for approval. Votes were as follows: FOR AGAINST ABSTAIN BROKER NON-VOTES 7,764,921 122,268 56,802 4,588,689”

KLX Energy Services Holdings, Inc. shareholders approved Election of Class II Directors at the 2023-05-10 meeting.

“Item No. 2 – Election of Class II Directors . The election of each director was approved as follows: NOMINEE FOR WITHHOLD BROKER NON-VOTES John T. Collins 7,144,641 799,350 4,588,689 Dag Skindlo 7,411,470 532,521 4,588,689”

KLX Energy Services Holdings, Inc. shareholders rejected Declassification of the Board at the 2023-05-10 meeting.

“Item No. 1 – Declassification of the Board . The declassification of the Board was not approved, as the affirmative vote of 66 2/3% in voting power of the outstanding voting stock of the Company was required for approval. Votes were as follows: FOR AGAINST ABSTAIN BROKER NON-VOTES 7,852,390 54,363 37,238 4,588,689”

KLX Energy Services Holdings, Inc. reported the first quarter ended March 31, 2023 results: revenue $239.6 million, net income $9.4 million, EPS $0.65.

“months ended March 31, 2023 including a full quarter of Greene’s activity (“Pro Forma First Quarter 2023”). First Quarter 2023 Financial and Operational Highlights • Revenue of $239.6 million, increased 7% sequentially • Net income of $9.4 million, net income margin of 3.9% and diluted earnings per share of $0.65 • Adjusted net income of $11.5 million • Adjusted”

KLX Energy Services Holdings, Inc. reported fourth quarter ended December 31, 2022 results: revenue $223.3 million, net income $13.2 million, EPS $1.07/share.

“Prior Year Fourth Quarter”) and the twelve months ended December 31, 2021 (“Pro Forma Prior Fiscal Year”). Fourth Quarter 2022 Financial and Operational Highlights • Revenue of $223.3 million • Generated net income of $13.2 million, an 18.9% sequential increase, net income margin of 5.9% and basic earnings per share of $1.07/share • Adjusted EBITDA of $37.3 million”

KLX Energy Services Holdings, Inc. reported the fourth quarter ended December 31, 2022 results: revenue $221.5 million to $223.5 million, net income $13.5 million.

“preliminary financial results for the fourth quarter ended December 31, 2022. Preliminary Fourth Quarter 2022 Financial and Operational Highlights • Estimated Revenue range of $221.5 million to $223.5 million • Estimated Net Income range of $12.0 million to $13.5 million • Estimated Adjusted EBITDA range of $35.7 million to $37.6 million • Estimated Cash balance of”

KLX Energy Services Holdings, Inc. reported third quarter ended September 30, 2022 results: revenue $221.6 million, net income $11.1 million, EPS $0.96/share.

“We also make reference to the three months ended September 30, 2021 (“Pro Forma Prior Year Third Quarter”). Third Quarter 2022 Financial and Operational Highlights • Revenue of $221.6 million, increased 20% sequentially • Generated net income of $11.1 million, a $18.6 million sequential increase, and EPS of $0.96/share • Adjusted EBITDA of $37.1 million, a 113%”

Christopher Baker was appointed as Class I Director at KLX Energy Services Holdings, Inc..

“On November 8, 2022, the Board of Directors appointed our President and Chief Executive Officer, Christopher Baker, as a Class I Director of the Board, effective immediately.”

Dag Skindlo was appointed as Chairman of the Board at KLX Energy Services Holdings, Inc..

“Dag Skindlo will be appointed Chairman of the Board.”

Richard G. Hamermesh departed as director at KLX Energy Services Holdings, Inc..

“on April 12, 2022, Richard G. Hamermesh announced to the board of directors (the “Board”) of the Company his intention to retire effective as of the date of the Company’s 2022 annual meeting of stockholders, to be held on June 1, 2022 (the “Annual Meeting”).”