Slide 1: Investor Relations
= INVESTOR RELATIONS
Slide 2: Core Lab is the leading provider of reservoir description and production enhancement
CORPORATE OVERVIEW CORE LAB IS THE LEADING PROVIDER OF PROPRIETARY AND PATENTED RESERVOIR DESCRIPTION AND PRODUCTION ENHANCEMENT SERVICES AND PRODUCTS 2
Slide 3: 2025 Segment Results
CORPORATE OVERVIEW 2025 SEGMENT RESULTS 3
Slide 4: Global Footprint, Strategic Access
CORPORATE OVERVIEW GLOBAL FOOTPRINT, STRATEGIC ACCESS 4
Slide 5: Focus on Value Creation, Anchored by Our Three Financial Tenets
FINANCIAL OVERVIEW FOCUS ON VALUE CREATION, ANCHORED BY OUR THREE FINANCIAL TENETS - MAXIMIZE FREE CASH FLOW - MAXIMIZE RETURN ON INVESTED CAPITAL - RETURN EXCESS CAPITAL TO SHAREHOLDERS 5
Slide 6: 2025 Financial Achievements
FINANCIAL OVERVIEW 2025 FINANCIAL ACHIEVEMENTS Expanded global footprint in high-growth, high-value regions Returned excess free cash to shareholders through share buybacks and quarterly dividends Reduced our debt leverage ratio to its lowest level in nine years Disciplined capital deployment aligne
Slide 7: Macro Fundamentals: Favorable Drivers Supporting Growth
FAVORABLE DRIVERS SUPPORTING GROWTH MACRO FUNDAMENTALS Global Energy Depletion of International Offshore Unconventional Demand Reserves Growth Resource Development Growing energy demand Global decline rates of Rebounding deepwater Expansion of shale and tight supports long-term ~7% drive continued a
Slide 8: Production Remains Vital as Economies Expand and Energy Demand Increases
FAVORABLE LONG-TERM MARKET DRIVERS PRODUCTION REMAINS VITAL AS ECONOMIES EXPAND AND ENERGY DEMAND INCREASES SOURCE: EIA.gov 8
Slide 9: Turning Reservoir Data into Recovery Gains
CLIENT ECONOMICS TURNING RESERVOIR DATA INTO RECOVERY GAINS • Helping clients unlock incremental barrels across both mature and emerging assets • Enabling operators to optimize recovery, extend field life, and improve long-term returns • Accelerated decline rates in unconventionals are driving de
Slide 10: Unlocking Efficiency and Enhancing Profitability
CLIENT ECONOMICS UNLOCKING EFFICIENCY AND ENHANCING PROFITABILITY 10
Slide 11: Client Operating and Capital Budgets
CLIENT ECONOMICS CLIENT OPERATING AND CAPITAL BUDGETS 11
Slide 12: Competitive Edge
COMPETITIVE EDGE THE ERA OF HARVESTING EMERGING NEW GROWTH REPLACING UNCONVENTIONALS OPPORTUNITIES DEPLETING RESERVES North America Middle East International Conventional and Unconventional Offshore Conventional 12
Slide 13: Proprietary Technologies and Multi-Disciplinary Services
OPERATING PROFILE PROPRIETARY TECHNOLOGIES AND MULTI-DISCIPLINARY SERVICES SETTING THE BENCHMARK FOR EXCELLENCE Reservoir Description Optimized results, reduced risk and improved decision-making through extensive data and proprietary digital solutions Production Enhancement Maximized production and
Slide 14: A Legacy of Distinct Capabilities and Proven Impact
COMPETITIVE EDGE A LEGACY OF DISTINCT CAPABILITIES AND PROVEN IMPACT Technology Innovators Exceptional IP and proprietary technologies that de-risk projects and optimize reservoir performance Proven Operational Results International network enabling operational efficiency, client growth, and expansi
Slide 15: Core Characterization
RESERVOIR DESCRIPTION TECHNOLOGIES CORE CHARACTERIZATION Rock Properties • Geologic Characterization • Storage Capacity • Flow Properties • Log Calibration • Geomechanical Properties • Digital Rock Characterization 15
Slide 16: Reservoir Conditions Testing
RESERVOIR DESCRIPTION TECHNOLOGIES RESERVOIR CONDITIONS TESTING FLUID PROPERTIES MEASURED AT ACTUAL RESERVOIR TEMPERATURES AND PRESSURES 16
Slide 17: Advancing Decisions with Data—Fast
RESERVOIR DESCRIPTION TECHNOLOGIES ADVANCING DECISIONS WITH DATA—FAST 17
Slide 18: Accelerating Early-Stage Unconventional Reservoir Understanding
RESERVOIR DESCRIPTION TECHNOLOGIES ACCELERATING EARLY-STAGE UNCONVENTIONAL RESERVOIR UNDERSTANDING Nuclear Magnetic Resonance (NMR) 18
Slide 19: Reservoir Diagnostics
PRODUCTION ENHANCEMENT TECHNOLOGIES RESERVIOR DIAGNOSTICS 19
Slide 20: Reservoir Diagnostics
PRODUCTION ENHANCEMENT TECHNOLOGIES RESERVIOR DIAGNOSTICS 20
Slide 21: Next-Generation Perforating Platform
PRODUCTION ENHANCEMENT TECHNOLOGIES NEXT-GENERATION PERFORATING PLATFORM DESIGNED FOR FAST-PACED UNCONVENTIONAL MARKETS 21
Slide 22: Next-Generation Perforating Platform
PRODUCTION ENHANCEMENT TECHNOLOGIES NEXT-GENERATION PERFORATING PLATFORM DESIGNED FOR FAST-PACED UNCONVENTIONAL MARKETS 22
Slide 23: Next-Generation Perforating Platform
PRODUCTION ENHANCEMENT TECHNOLOGIES NEXT-GENERATION PERFORATING PLATFORM DESIGNED FOR FAST-PACED UNCONVENTIONAL MARKETS 23
Slide 24: Ultra-High Shot Density Perforating
PRODUCTION ENHANCEMENT TECHNOLOGIES ULTRA-HIGH SHOT DENSITY PERFORATING ENGINEERED FOR RELIABLE PLUG & ABANDONMENT 24
Slide 25: Ultra-High Shot Density Perforating
PRODUCTION ENHANCEMENT TECHNOLOGIES ULTRA-HIGH SHOT DENSITY PERFORATING ENGINEERED FOR RELIABLE PLUG & ABANDONMENT 25
Slide 26: Ultra-High Shot Density Perforating
PRODUCTION ENHANCEMENT TECHNOLOGIES ULTRA-HIGH SHOT DENSITY PERFORATING ENGINEERED FOR RELIABLE PLUG & ABANDONMENT 26
Slide 27: Positioned for Long-Term Growth
GROWTH STRATEGIES POSITIONED FOR LONG-TERM GROWTH Advancing Innovation Through Technology Development and Acquisition Leveraging Our Global Network for Scalable Growth Elevating the Client Experience Through Digital and Integration Solutions 27
Slide 28: Investment Thesis
INVESTMENT THESIS Core Lab is uniquely positioned to de-risk client investments through data-driven, customized solutions Core Lab’s outstanding client engagement and retention, and global footprint create a steady pipeline of organic growth opportunities Core Lab's 90 years of delivering proven ope
Slide 29: Gwen Gresham, SVP Corporate Development and Investor Relations
Gwen Gresham Senior Vice President Corporate Development and Investor Relations Corelab.com/Investors Investor.Relations@corelab.com Linkedin.com/Company/Core-Laboratories 29
Slide 30: Forward-Looking Statements and Non-GAAP Information
Forward-Looking Statements Non-GAAP Information This presentation, as well as other statements Core Lab makes, includes forward-looking Management believes that the exclusion of certain income and expenses enables it to evaluate statements regarding the Company’s future revenue, profitability, bus