ProFrac Holding (ACDC) Announces CFO Resignation

ProFrac Holding Corp. (NASDAQ: ACDC) ("ProFrac", or the "Company") today announced that Lance Turner will resign from his position as Chief Financial Officer (CFO) effective June 17, 2024. Mr. Turner has agreed to serve as a consultant following his separation from the Company to ensure a smooth and successful transition to the new CFO, Austin Harbour.

"Lance has been a valued member of our executive team for the past two years, and I want to thank him for his many contributions to ProFrac," said Matt Wilks, ProFrac's Executive Chairman. "He has been an integral part of our transformation. Lance's significant contributions to the financial management and strategic direction of the Company, as well as his efforts to strengthen our balance sheet and enhance our liquidity, have positioned the Company well for the future. We wish him the best in his future endeavors.

"I also want to welcome Austin Harbour as our new CFO," continued Mr. Wilks. "He has extensive industry experience, and we expect he will be a valuable asset going forward as we execute our strategy and capitalize on opportunities in the marketplace."

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