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1 ©2021 TETRA Technologies, Inc. Company Overview March 2021
©2021 TETRA Technologies, Inc.
©2021 TETRA Technologies, Inc. Disclaimer
Forward -Looking Statements
Theinformation inthispresentation includes “forward -looking statements .”Allstatements, other than statements ofhistorical factincluded inthispresentation, regarding ourmanagement,
strategy, future operations, financial position, estimated revenues andlosses, projected costs, prospects, plans andobjectives ofmanagement areforward -looking statements .When used
inthispresentation, thewords “could,” “believe,” “anticipate,” “intend,” “estimate,” “expect,” “project” andsimilar expressions areintended toidentify forward -looking statements, although
notallforward -looking statements contain such identifying words .These forward -looking statements arebased onTETRA’s current expectations andassumptions about future events and
arebased oncurrently available information astotheoutcome andtiming offuture events .When considering forward -looking statements, youshould keep inmind theriskfactors and
other cautionary statements described under theheading “Risk Factors” included inTETRA’s Annual Report onForm 10-Kfiled with theSecurities andExchange Commission and
subsequent Form 10-QQuarterly Reports .Wecaution youthatthese forward -looking statements aresubject toalltherisks anduncertainties, most ofwhich aredifficult topredict and
many ofwhich arebeyond ourcontrol .These risks include, butarenotlimited to,thelevel ofcapital spending bytheoilandnatural gasindustry natural orman- made disasters andother
external events thatmay disrupt ouroperations, volatility ofoiland natural gasprices, changes ingeneral economic and geopolitical conditions, large ormultiple customer defaults
including defaults resulting from actual orpotential insolvencies, technological advancements inoilfield orchemicals technologies, competitive conditions inourindustry, ourability tofully
protect ourintellectual property rights andchanges inthelong- term supply ofanddemand foroilandnatural gas.Should oneormore ofthese risks oruncertainties occur, orshould
underlying assumptions prove incorrect, ouractual results andplans could differ materially from those expressed inanyforward -looking statements .Youarecautioned nottoplace undue
reliance onanyforward -looking statements, which speak only asofthedate ofthispresentation. Except asotherwise required byapplicable law, wedisclaim anyduty toupdate anddo
notintend toupdate anyforward -looking statements, allofwhich areexpressly qualified bythestatements inthissection, toreflect events orcircumstances after thedate ofthis
presentation. This presentation includes financial measures thatarenotpresented inaccordance with generally accepted accounting principles ("GAAP"), including EBITDA, adjusted
EBITDA, adjusted EBITDA margin, adjusted freecash flowandnetdebt.While management believes such measures areuseful forinvestors, they donothave anystandardized meaning
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