Mr. Michael Olinek reports

CALFRAC WELL SERVICES LTD. 2025 FIRST QUARTER EARNINGS RELEASE, CONFERENCE CALL AND WEBCAST

Calfrac Well Services Ltd. intends to release its first quarter 2025 results before the market opens on Thursday, May 15, 2025, and has scheduled a conference call to begin at 10 a.m. MT (12 p.m. ET) on the same day.

Financial statements and management's discussion and analysis will be posted on Calfrac's website and on SEDAR+ after the press release has been disseminated.

A replay of the conference call will also be available on Calfrac's website for at least 90 days.

To participate in the question-and-answer session, you may dial toll-free at 1-800-717-1738 (or at 1-646-307-1865 for international participants) 15 minutes prior to the start of the call and ask for the Calfrac Well Services first quarter 2025 earnings release conference call to register.

About Calfrac Well Services Ltd.

Calfrac provides specialized oilfield services to exploration and production companies designed to increase the production of hydrocarbons from wells with continuing operations focused throughout North America and Argentina. The company executes on its brand promise -- "do it safely, do it right, do it profitably" -- to generate long-term, sustainable returns for its shareholders.