Liberty Energy Inc. — fact timeline

Liberty Energy Inc. entered into Supply Contracts for Power Generation Equipment with Bergen Engines AS valued at $505,000,000 (effective 2026-05-01).

“On May 1, 2026, Liberty Advanced Equipment Technologies LLC (the “Purchaser”), a wholly owned subsidiary of Liberty Energy Inc. (the “Company”), entered into two supply contracts with Bergen Engines AS (“Bergen”) for the purchase of power generation equipment, including engines and certain balance of plant equipment, for the Company’s prospective data center and other distributed power projects (each, a “Supply Contract” and, collectively, the “Supply Contracts”).”

Liberty Energy Inc. reported first quarter ended March 31, 2026 results: revenue $1.0 billion, net income $23 million, EPS $0.14.

“• Revenue of $1.0 billion, a 4% year-over-year increase • Net income of $23 million, or $0.14 fully diluted earnings per share (“EPS”)”

Liberty Energy Inc. issued convertible note to several investment banks acting as initial purchasers (collectively, the "Initial Purchasers") for $475.0 million aggregate principal amount.

“On March 30, 2026, Liberty Energy Inc. (the " Company ") completed its previously announced private offering of $475.0 million aggregate principal amount of its 0.00% Convertible Senior Notes due 2032 (the " Notes ") to several investment banks acting as initial purchasers (collectively, the " Initial Purchasers ").”

Liberty Energy Inc. incurred convertible notes of $475.0 million aggregate principal amount with Liberty Energy Inc. at 0.00% maturing March 1, 2032.

“On March 30, 2026, Liberty Energy Inc. (the “ Company ”) completed its previously announced private offering of $475.0 million aggregate principal amount of its 0.00% Convertible Senior Notes due 2032 (the “ Notes ”) to several investment banks acting as initial purchasers (collectively, the “ Initial Purchasers ”).”

Liberty Energy Inc. entered into Indenture with U.S. Bank Trust Company, National Association valued at $475.0 million aggregate principal amount (effective 2026-03-30).

“On March 30, 2026, Liberty Energy Inc. (the “ Company ”) completed its previously announced private offering of $475.0 million aggregate principal amount of its 0.00% Convertible Senior Notes due 2032 (the “ Notes ”) to several investment banks acting as initial purchasers (collectively, the “ Initial Purchasers ”). On March 26, 2026, the Initial Purchasers exercised in full their option to purchase an additional $50.0 million aggregate principal amount of the Notes. The Notes were issued pursuant to an indenture, dated March 30, 2026 (the “ Indenture ”), between the Company and U.S. Bank Trust Company, National Association, as trustee.”

Liberty Energy Inc. issued 28.9830 shares of Common Stock per $1,000 principal amount of Notes of convertible note to several investment banks acting as initial purchasers for $700.0 million aggregate principal amount (plus $70.0 million exercised option).

“Definitive Agreement. 0.00% Convertible Senior Notes Offering On February 6, 2026, Liberty Energy Inc. (the “ Company ”) completed its previously announced private offering of $700.0 million aggregate principal amount of its 0.00% Convertible Senior Notes due 2031 (the “ Notes ”) to several investment banks acting as initial purchasers (collectively, the “ Initial”

Liberty Energy Inc. entered into Indenture with U.S. Bank Trust Company, National Association valued at $700.0 million aggregate principal amount (effective 2026-02-06).

“The Notes were issued pursuant to an indenture, dated February 6, 2026 (the “ Indenture ”), between the Company and U.S. Bank Trust Company, National Association, as trustee.”

Liberty Energy Inc. incurred convertible notes of $700.0 million aggregate principal amount with U.S. Bank Trust Company, National Association at 0.00% maturing March 1, 2031.

“completed its previously announced private offering of $700.0 million aggregate principal amount of its 0.00% Convertible Senior Notes due 2031”

Liberty Energy Inc. amended First Amendment to the Credit Agreement with the lenders party to the Credit Agreement, with JPMorgan Chase Bank, N.A. as administrative agent (effective 2026-02-03).

“On February 3, 2026, the Company entered into the First Amendment to the Credit Agreement (the “Amendment”), which amends certain terms, provisions and covenants of the Credit Agreement, to, among other things: (i) permit the incurrence of new bridge loan indebtedness in an aggregate principal amount not to exceed $600,000,000 (“Permitted Bridge Indebtedness"), which must be incurred on or prior to June 30, 2026 and have a scheduled maturity date not later than 365 days from the date of incurrence, (ii) subject to certain limitations and requirements, permit liens securing the Permitted Bridge Indebtedness, (iii) increase the basket for permitted convertible indebtedness from $300,000,000 to $600,000,000, and (iv) amend the maturity date of the Revolving Credit Facility to provide that such maturity date will be accelerated to the date that is 91 days prior to the stated maturity of any outstanding Permitted Bridge Indebtedness if such Permitted Bridge Indebtedness is still outstanding”

Liberty Energy Inc.: Board approved amendment and restatement of Bylaws to conform to the Charter amendments (effective 2025-04-15).

“Effective April 15, 2025, the Board of Directors (the “Board”) of the Company approved the amendment and restatement of the Company’s Second Amended and Restated Bylaws (the “Bylaws” and, as so amended as described herein, the “Amended and Restated Bylaws”) to conform the Bylaws to the amendments approved by the Company’s stockholders to the Charter.”

Liberty Energy Inc.: Stockholders approved amendments to the Amended and Restated Certificate of Incorporation at the 2025 annual meeting (effective 2025-04-15).

“On April 15, 2025, at the 2025 annual meeting of stockholders (the “Annual Meeting”) of Liberty Energy Inc. (the “Company”), the Company’s stockholders approved certain amendments to the Company’s Amended and Restated Certificate of Incorporation”

Audrey Robertson resigned as Director at Liberty Energy Inc..

“On February 12, 2025, Audrey Robertson, a member of the Board of Directors (the “Board”) of Liberty Energy Inc., provided notice of her intention to resign from the Board, effective upon and subject to ratification and confirmation by the United States Senate as the incoming Assistant Secretary of Energy, Efficiency and Renewables, in the Department of Energy of the United States.”

Chris Wright resigned as Chairman of the Board, Director, and CEO at Liberty Energy Inc..

“the previously disclosed resignation of Mr. Chris Wright as Chairman of the Board, Director, and CEO of the Company subject to his ratification and confirmation (the “Confirmation Condition”) by the United States Senate to serve as the incoming Secretary of Energy of the United States.”

Ron Gusek was appointed as Chief Executive Officer at Liberty Energy Inc..

“the Board conditionally appointed Mr. Ron Gusek, named successor to the Chief Executive Officer of the Company, as a Class II director”

Ron Gusek was appointed as Class II Director at Liberty Energy Inc..

“the Board conditionally appointed Mr. Ron Gusek, named successor to the Chief Executive Officer of the Company, as a Class II director with an initial term expiring at the 2027 annual meeting of stockholders.”

Arjun Murti was appointed as Class I Director at Liberty Energy Inc..

“On January 22, 2025, the Board of Directors (the “Board”) of Liberty Energy Inc. (the “Company”) approved an increase to the size of the Board from nine directors to 10 directors and appointed Mr. Arjun Murti to fill the newly created vacancy.”

Ron Gusek was appointed as Chief Executive Officer at Liberty Energy Inc..

“Subject to the Confirmation Condition and in accordance with the Company’s succession plan, the Board appointed William Kimble as the non-executive Chairman of the Board and Ron Gusek as the Company’s Chief Executive Officer.”

William Kimble was appointed as non-executive Chairman of the Board at Liberty Energy Inc..

“Subject to the Confirmation Condition and in accordance with the Company’s succession plan, the Board appointed William Kimble as the non-executive Chairman of the Board and Ron Gusek as the Company’s Chief Executive Officer.”

Christopher A. Wright resigned as Chairman of the Board and Director at Liberty Energy Inc..

“Accordingly, on that date, Mr. Wright resigned from his positions as Chairman of the Board, Director and Chief Executive Officer of the Company, effective upon and subject to the Confirmation Condition.”

Christopher A. Wright resigned as Chief Executive Officer at Liberty Energy Inc..

“Accordingly, on that date, Mr. Wright resigned from his positions as Chairman of the Board, Director and Chief Executive Officer of the Company, effective upon and subject to the Confirmation Condition.”

Liberty Energy Inc. shareholders approved Approval of an amendment and restatement of the Company's Long Term Incentive Plan at the 2024-04-16 meeting.

“Proposal 4: Approval of an amendment and restatement of the Company 's Long Term Incentive Plan . Voting results with respect to the approval of an amendment and restatement of the Company 's Long Term Incentive Plan were as follows: For Against Abstentions Broker Non-Votes 109,155,115 38,998,086 262,407 5,397,822”

Liberty Energy Inc. shareholders approved Ratification of the appointment of Deloitte & Touche LLP as the Company's independent registered public accounting firm for the year ended December 31, 2024 at the 2024-04-16 meeting.

“Proposal 3: Ratification of the appointment of Deloitte & Touche LLP as the Company 's independent registered public accounting firm for the year ended December 31, 2024. Voting results with respect to the ratification of Deloitte & Touche LLP as the Company’s independent registered public accounting firm for the year ended December 31, 2024 were as follows: For Against Abstentions Broker Non-Votes 152,653,410 1,034,957 125,063 0”

Liberty Energy Inc. shareholders approved Advisory vote on the compensation of the named executive officers at the 2024-04-16 meeting.

“Proposal 2: Advisory vote on the compensation of the named executive officers. Voting results with respect to the advisory vote on the compensation of the named executive officers were as follows: For Against Abstentions Broker Non-Votes 145,842,406 2,301,691 271,511 5,397,822”

Liberty Energy Inc. shareholders approved Election of three Class II directors at the 2024-04-16 meeting.

“Proposal 1: Election of three directors. The three individuals listed below were elected as Class II directors of the Company at the Annual Meeting to serve for a term of three years. Voting results for each director were as follows: Names For Withheld Broker Non-Votes Ken Babcock 71,992,538 76,423,070 5,397,822 Audrey Robertson 101,101,514 47,314,094 5,397,822 Christopher A. Wright 113,388,032 35,027,576 5,397,822”

Liberty Energy Inc. reported First quarter ended March 31, 2024 results: revenue $1.1 billion, net income $82 million, EPS $0.48.

“Summary Results and Highlights • Revenue of $1.1 billion, flat sequentially • Net income 1 of $82 million, or $0.48 fully diluted earnings per share (“EPS”)”

Liberty Energy Inc. reported the fourth quarter ended December 31, 2023 results: revenue Fourth quarter 2023 revenue of $1.1 billion, net income fourth quarter 2023 ... net income 1 of $92 million, or $0.54 fully diluted earnings per share, EPS $0.54 fully diluted earnings per share.

“Fourth quarter 2023 revenue of $1.1 billion and net income 1 of $92 million, or $0.54 fully diluted earnings per share”

Liberty Energy Inc. reported the fourth quarter and full year ended December 31, 2023 results: revenue Revenue of $4.7 billion for the year ended December 31, 2023, net income Net income 1 of $556 million, or $3.15 fully diluted earnings per share ("EPS"), for the year ended December 31, 2023, EPS $3.15 fully diluted earnings per share ("EPS").

“Liberty Energy Inc. Announces Fourth Quarter and Full Year 2023 Financial and Operational Results and Increase in Existing Share Repurchase Authorization to $750 Million January 24, 2024 Denver - (Business Wire) - Liberty Energy Inc. (NYSE: LBRT; "Liberty" or the "Company") announced today full year and fourth quarter 2023 financial and operational results. Summary Results and Highlights • Revenue of $4.7 billion for the year ended December 31, 2023 • Net income 1 of $556 million, or $3.15 fully diluted earnings per share ("EPS"), for the year ended December 31, 2023, up 39% and 49%, respectively.”

Liberty Energy Inc. reported third quarter ended September 30, 2023 results: revenue $1.2 billion, net income $149 million, EPS $0.85.

“Revenue of $1.2 billion, a 2% increase over the prior year • Net income 1 of $149 million, or $0.85 fully diluted earnings per share, a 1% and 10% increase, respectively, over the prior year”

Liberty Energy Inc. reported first quarter ended March 31, 2023 results: revenue $1.3 billion, net income $163 million, EPS $0.90.

“• Revenue of $1.3 billion, a 59% increase over the prior year, and net income 1 of $163 million, or $0.90 fully diluted earnings per share”

Liberty Energy Inc. reported the first quarter ended March 31, 2023 results: revenue $1.3 billion, net income $163 million, EPS $0.90 fully diluted earnings per share.

“- Liberty Energy Inc. (NYSE: LBRT; “Liberty” or the “Company”) announced today first quarter 2023 financial and operational results. Summary Results and Highlights • Revenue of $1.3 billion, a 59% increase over the prior year, and net income 1 of $163 million, or $0.90 fully diluted earnings per share • Adjusted EBITDA 2 of $330 million • Delivered strong first”

Liberty Energy Inc. shareholders approved Ratification of the appointment of Deloitte & Touche LLP as the Company’s independent registered public accounting firm for the year ended December 31, 2023 at the 2023-04-18 meeting.

“Proposal 3: Ratification of the appointment of Deloitte & Touche LLP as the Company’s independent registered public accounting firm for the year ended December 31, 2023. Voting results with respect to the ratification of Deloitte & Touche LLP as the Company’s independent registered public accounting firm for the year ended December 31, 2023 were as follows: For Against Abstentions Broker Non-Votes 152,776,524 49,647 75,582 0”

Liberty Energy Inc. shareholders approved Advisory vote on the compensation of the named executive officers at the 2023-04-18 meeting.

“Proposal 2: Advisory vote on the compensation of the named executive officers. Voting results with respect to the advisory vote on the compensation of the named executive officers were as follows: For Against Abstentions Broker Non-Votes 139,251,531 2,498,669 158,712 10,992,841”

Liberty Energy Inc. shareholders approved Election of three Class I directors at the 2023-04-18 meeting.

“Proposal 1: Election of three directors. The three individuals listed below were elected as Class I directors of the Company at the Annual Meeting to serve for a term of three years. Voting results for each director were as follows: Names For Withheld Broker Non-Votes Simon Ayat 114,512,123 27,396,789 10,992,841 Gale A. Norton 89,830,463 52,078,449 10,992,841 Cary D. Steinbeck 105,940,845 35,968,067 10,992,841”

Liberty Energy Inc.: Amended Bylaws to adopt universal proxy rules and update Delaware law provisions (effective 2023-01-24).

“On January 24, 2023, the Board of Directors of the Company approved and adopted amendments (the “ Amendments ”) to the Second Amended and Restated Bylaws of the Company (as amended, the “ Second Amended and Restated Bylaws ”). The Amendments address the new universal proxy rules under Rule 14a-19 of the Securities Exchange Act of 1934, as amended (“ Rule 14a-19 ”), by, among other things, providing that: (i) a stockholder who submits a director nomination notice must also make a representation as to whether such stockholder intends to solicit proxies in support of its proposed nominee in accordance with Rule 14a-19 and (ii) if the stockholder provides notice pursuant to Rule 14a-19 with respect to a proposed nominee and subsequently fails to comply with requirements of Rule 14a-19, the Company will disregard the nomination of the proposed nominee.”

Liberty Energy Inc. amended revolving credit of $525 million with Wells Fargo Bank, National Association, as administrative agent maturing January 23, 2028.

“The Eighth Amendment amends certain terms, provisions and covenants of the Original Credit Agreement, including, among other things: (i) increasing the maximum revolver amount from $425 million to $525 million (the “ Upsized Revolver ”); (ii) increasing the amount of the accordion feature from $75 million to $100 million; (iii) extending the maturity date from October 22, 2026 to January 23, 2028”

Liberty Energy Inc. reported quarter ended December 31, 2022 results: revenue $1.2 billion, net income $153 million, EPS $0.82 fully diluted earnings per share.

“Fourth quarter revenue of $1.2 billion, a 3% sequential increase, and net income 1 of $153 million, or $0.82 fully diluted earnings per share, for the quarter ended December 31, 2022”

Liberty Energy Inc. reported full year ended December 31, 2022 results: revenue $4.1 billion, net income $400 million, EPS $2.11 fully diluted earnings per share.

“Revenue of $4.1 billion, a 68% increase over the prior year, and net income 1 of $400 million, or $2.11 fully diluted earnings per share, for the year ended December 31, 2022”

Liberty Energy Inc. terminated Term Loan Agreement with U.S. Bank National Association (effective 2023-01-23).

“the Company terminated its previously existing term loan facility that was evidenced by that certain credit agreement dated as of September 19, 2017, by and among the Company, Liberty Oilfield Services LLC, Liberty Oilfield Services New Holdco LLC, R/C IV Non-U.S. LOS Corp, other subsidiaries of the Company, U.S. Bank National Association, as administrative agent, and other lenders (as amended, the “ Term Loan Agreement ”).”

Liberty Energy Inc. amended Eighth Amendment with Wells Fargo Bank, National Association (effective 2023-01-23).

“On January 23, 2023, Liberty Energy Inc. (the “ Company ”), Liberty Oilfield Services New Holdco LLC, R/C IV Non-U.S. LOS Corp, Liberty Oilfield Services LLC, other subsidiaries of the Company, Wells Fargo Bank, National Association, as administrative agent (the “ Agent ”), and other lenders entered into an Eighth Amendment to the Credit Agreement and Amendment to the U.S. Guaranty and Security Agreement (the “ Eighth Amendment ”).”