Expro Group Holdings N.V.

Second Quarter 2026 Highlights Revenue was $393 million Net income of $2 million Adjusted EBITDA 1 of $ $76 million with an Adjusted EBITDA margin 1 of 19.3% Cash flow from operations of $81 million, or 20.7% of revenues Adjusted free cash flow 1 of $56 million Share repurchases of approximately $20 million (1.3 million shares at an average $15.42 per share) Liquidity at the end of the quarter stood at $492 million Michael Jardon, Chief Executive Officer, commented, Our second quarter results reflect a good sequential increase coming out of a seasonally low first quarter.

SEC original ↗Expro Group Holdings N.V. — Earnings release (8-K exhibit)EX-99Jul 28, 2026

The Company s capital allocation centers around investing in the business, maintaining a solid financial position, M&A, and returning cash to shareholders through share repurchases.

SEC original ↗Expro Group Holdings N.V. — Earnings release (8-K exhibit)EX-99Jul 28, 2026

Specifically, on returning cash to shareholders, the Company repurchased approximately $20 million or 1.3 million shares during the second quarter.

SEC original ↗Expro Group Holdings N.V. — Earnings release (8-K exhibit)EX-99Jul 28, 2026

This brings the year-to-date repurchases to approximately 2.5 million shares, representing approximately $40 million of cash returned to shareholders.

SEC original ↗Expro Group Holdings N.V. — Earnings release (8-K exhibit)EX-99Jul 28, 2026

2 Shareholder Return During the second quarter of 2026, the Company repurchased approximately 1.3 million shares at an average price of $15.42 per share, resulting in approximately $20 million of share repurchases.

SEC original ↗Expro Group Holdings N.V. — Earnings release (8-K exhibit)EX-99Jul 28, 2026

After the share repurchases during the first and second quarters of 2026, the Company has approximately $60 million remaining under its current Board of Directors share repurchase authorization to acquire up to $100 million of outstanding shares.

SEC original ↗Expro Group Holdings N.V. — Earnings release (8-K exhibit)EX-99Jul 28, 2026

The Company s capital allocation centers around investing in the business, maintaining a solid financial position, M&A, and returning cash to shareholders through share repurchases.

SEC original ↗Expro Group Holdings N.V. — Earnings release (8-K exhibit)EX-99Jul 28, 2026

We are continually evaluating what we can do to drive further efficiency gains of our own, through cost control and other various internal initiatives.

SEC original ↗Expro Group Holdings N.V. — Earnings release (8-K exhibit)EX-99Jul 28, 2026

Additionally, Expro remains focused on driving ongoing efficiency improvements and further optimizing its cost base.

SEC original ↗Expro Group Holdings N.V. — Earnings release (8-K exhibit)EX-99Jul 28, 2026

As part of its continuous portfolio review process, the Company is assessing targeted actions across selected geographies and product lines to improve returns, enhance operating leverage, and support sustained margin expansion and free cash flow growth.

SEC original ↗Expro Group Holdings N.V. — Earnings release (8-K exhibit)EX-99Jul 28, 2026

We expect these will be driven by the continued execution of our strategic initiatives, strong operating leverage across the business, and five months of contribution from the recently completed Enhanced Drilling acquisition.

SEC original ↗Expro Group Holdings N.V. — Earnings release (8-K exhibit)EX-99Jul 28, 2026

To account for these uncertainties, we are taking a conservative approach to our revised guidance; however, we do expect to be able to capture some upside above these estimates in the second half of the year, particularly in the fourth quarter.

SEC original ↗Expro Group Holdings N.V. — Earnings release (8-K exhibit)EX-99Jul 28, 2026

Moreover, such statements are subject to a number of assumptions, risks and uncertainties, many of which are beyond the control of the Company, which may cause actual results to differ materially from those implied or expressed by the forward-looking statements.

SEC original ↗Expro Group Holdings N.V. — Earnings release (8-K exhibit)EX-99Jul 28, 2026

Such assumptions, risks and uncertainties also include the factors discussed or referenced in the Risk Factors section of the definitive Proxy Statement/Prospectus, dated April 21, 2026, and the Annual Report on Form 10-K of Expro Group Holdings N.

SEC original ↗Expro Group Holdings N.V. — Earnings release (8-K exhibit)EX-99Jul 28, 2026

( Expro NV ) for the year ended December 31, 2025, in each case filed with the SEC, as well as other risks and uncertainties set forth in other filings with the SEC by the Company and Expro NV.

SEC original ↗Expro Group Holdings N.V. — Earnings release (8-K exhibit)EX-99Jul 28, 2026

Legal Proceedings 41 Item 1A.

SEC original ↗Expro Group Holdings N.V. — 10-Q Quarterly report10-QJul 28, 2026

Revenue Disaggregation of revenue We disaggregate our revenue from contracts with customers by geography, as disclosed in Note 5 Business segment reporting , as we believe this best depicts how the nature, amount, timing and uncertainty of our revenue and cash flows are affected by economic factors.

SEC original ↗Expro Group Holdings N.V. — 10-Q Quarterly report10-QJul 28, 2026