Mr. Ken Zinger reports

CES ENERGY SOLUTIONS CORP. ANNOUNCES RENEWAL OF NORMAL COURSE ISSUER BID AND PROVIDES Q2 CONFERENCE CALL DETAILS

The Toronto Stock Exchange has accepted CES Energy Solutions Corp.'s notice of its intention to implement a normal course issuer bid (NCIB). The NCIB effectively renews the previous NCIB, which will terminate on July 21, 2026.

Under the previous NCIB, the corporation sought and obtained approval to purchase 18,911,524 common shares of CES, and, to date, 10.51 million common shares will have been acquired through market purchases on the TSX and other alternative Canadian securities trading platforms, at a volume-weighted average purchase price of approximately $10.65 per common share.

CES's board of directors and management continue to believe that from time to time the market price of CES's common shares do not reflect their underlying value. Accordingly, the renewal of CES's NCIB provides the corporation with an additional capital allocation alternative that allows CES to reduce the corporation's common shares, providing an attractive opportunity to enhance shareholder value.

As of July 9, 2026, there were 210,465,637 issued and outstanding common shares, and a public float of 181,390,795 common shares. Pursuant to the renewed NCIB, CES may purchase through the facilities of the TSX and other alternative Canadian securities trading platforms, from time to time over the next 12 months, up to 18,139,079 common shares, being 10.0 per cent of the public float of common shares. Common shares purchased under the NCIB will be subsequently cancelled by the corporation. The NCIB will commence on July 22, 2026, and will terminate on the earlier of July 21, 2027, or the date on which the maximum number of common shares that can be acquired pursuant to the NCIB have been purchased.

Under TSX rules, CES may repurchase up to 206,017 common shares on any single trading day on the TSX, representing 25 per cent of the average daily trading volume of 824,071 common shares on the TSX for the six months ended June 30, 2026. The corporation is also permitted to make one block purchase in excess of the daily maximum per calendar week.

CES will enter into an automatic securities purchase plan in connection with the NCIB, which would permit the corporation to repurchase its common shares during periods of blackout or other periods in which the corporation would not ordinarily be permitted to repurchase its common shares. Such automatic securities purchase plan will be subject to certain parameters set by the corporation from time to time, which would govern the automatic purchase of common shares.

Q2 2026 conference call details

CES also announced today that it will host a conference call on Aug. 7, 2026, following the upcoming release of its financial results for the second quarter ended June 30, 2026. The results are expected to be released after the close of market the day before the conference call. Ken Zinger, president and chief executive officer of CES, will host the call.

Date:  Aug. 7, 2026

Time:  9 a.m. MT

Dial-in:  Access the call via telephone.

Webcast:  A webcast will be available.

If you do not have an Internet connection, you may access the call by dialling in to an operator toll-free at 800-715-9871 or internationally at 646-307-1963. A recording of the live audio webcast of the conference call will be accessible on the corporation's website. The webcast will be available for approximately 90 days.

About CES Energy Solutions Corp.

CES Energy Solutions is a leading provider of technically advanced consumable chemical solutions to the energy industry. These products and services are deployed at the drill bit, at the point of completion and stimulation, at the wellhead and pump-jack to support continuing production needs, and finally through to the pipeline and mid-stream market. These chemical solutions are instrumental in allowing the oil and gas industry to maximize returns in an environment of steadily increasing service intensity and advanced technical requirements. CES's business model is asset light and requires limited reinvestment capital to operate and grow. As a result, CES has been able to capitalize on the growing market demand for drilling fluids and production and specialty chemicals in North America while generating strong free cash flow.

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