Mr. Paul Mahoney reports

ENERFLEX LTD. COMPLETES ASIA PACIFIC DIVESTITURE AND CONFIRMS TIMING OF THIRD QUARTER FINANCIAL AND OPERATIONAL RESULTS

Enerflex Ltd. has completed the previously announced divestiture of the majority of its operations in the Asia Pacific (APAC) region to INNIO Group. The divested business is primarily focused on Enerflex's after-market services (AMS) product line.

Paul Mahoney, president and chief executive officer, commented: "The successful completion of this accretive transaction reflects our commitment to disciplined portfolio management and long-term value creation. The divestiture allows Enerflex to sharpen our focus on core regions of North America, Latin America and the Middle East, and strengthens our ability to allocate capital toward opportunities that support profitable growth, free cash flow generation and attractive returns for shareholders.

"I would like to thank our strong team in the APAC region for their commitment to Enerflex and their contributions as we built a leading AMS business in APAC. Enerflex and INNIO have a long-standing global relationship, with Enerflex serving as a channel partner across our core operating regions, and we look forward to continuing to build on that partnership."

Enerflex will continue to deliver engineered systems solutions in APAC, including natural gas compression, processing and electric power generation, through local sales teams, with equipment manufactured from the company's three facilities in North America.

Q3 financial and operational results

Enerflex plans to release its financial results and operating highlights for the three and nine months ended Sept. 30, 2026, on Thursday, Oct. 29, 2026, prior to market open. Results will be communicated by news release and will be available on the company's website and under the electronic profile of the company on SEDAR+ and EDGAR, respectively.

Investors, analysts, members of the media and other interested parties are invited to participate in a conference call and audio webcast on Thursday, Oct. 29, 2026, at 8 a.m. MT, where members of senior management will discuss the company's results. A question-and-answer period will follow.

To participate, register on-line. Once registered, participants will receive the dial-in numbers and a unique PIN to enter the call. The audio webcast of the conference call will be available on the Enerflex website under the investors section or can be accessed directly on-line.

About Enerflex Ltd.

Enerflex is a leading provider of modular natural gas, power and treated water technology solutions, delivering value through disciplined execution and a deliberate approach to where the company competes. Enerflex's customer-focused delivery model supports operational excellence, innovation and scalability across the company's global footprint with a focus on creating long-term shareholder value.

With approximately 4,500 engineers, manufacturers, technicians, professionals and innovators, Enerflex is bound together by a shared vision: transforming energy for a sustainable future. The company remains committed to the future of natural gas and the critical role it plays, while focused on sustainability offerings to support the world's energy needs.

Enerflex's common shares trade on the Toronto Stock Exchange under the symbol EFX and on the New York Stock Exchange under the symbol EFXT.

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