June 24, 2022

STEP Energy Services Ltd. Announces Annual General Meeting Voting Results

CALGARY, Alberta, June 24, 2022 (GLOBE NEWSWIRE) -- STEP Energy Services Ltd. (the “Company” or “STEP”) is pleased to announce that at its 2022 annual general meeting of shareholders held on June 23, 2022, each of the following seven nominees were elected as directors of STEP on a vote passed by ballot to serve until the next annual meeting of shareholders of STEP, or until their successors are elected or earlier appointed. Proxies were received on this matter as follows:

Nominee # Votes For % Votes For # Votes Withheld % Votes Withheld
Evelyn M. Angelle 45,740,644 99.992% 3,510 0.008%
Regan Davis 45,739,654 99.990% 4,500 0.010%
Douglas C. Freel 45,739,504 99.990% 4,650 0.010%
Jeremy Gackle 45,726,451 99.961% 17,703 0.039%
Donna Garbutt 45,740,644 99.992% 3,510 0.008%
James Harbilas 45,736,654 99.984% 7,500 0.016%
Jason Skehar 45,736,504 99.983% 7,650 0.017%
         

Final voting results on all matters voted on at the meeting will be filed on SEDAR (www.sedar.com).

ABOUT STEP
STEP is an oilfield service company that provides hydraulic fracturing, fluid and nitrogen pumping, and coiled tubing solutions. Our combination of modern equipment along with our commitment to safety and quality execution has differentiated STEP in plays where wells are deeper, have longer laterals, and higher pressures. STEP has a high-performance, safety-focused culture, and our experienced technical office and field professionals are committed to providing innovative, reliable, and cost-effective solutions to our clients.

Founded in 2011 as a specialized deep capacity coiled tubing company, STEP has grown into a North American service provider delivering completion and stimulation services to exploration and production companies in Canada and the U.S. Our Canadian services are focused in the Western Canadian Sedimentary Basin, while in the U.S., our fracturing and coiled tubing services are focused in the Permian and Eagle Ford basins in Texas, the Uinta-Piceance and Niobrara-DJ basins in Colorado and the Bakken basin in North Dakota.

Our four core values; Safety, Trust, Execution, and Possibilities inspire our team of professionals to provide differentiated levels of service, with a goal of flawless execution and an unwavering focus on safety.

For more information please contact:

Steve Glanville
President & Chief Operating Officer                              Klaas Deemter
Chief Financial Officer   Telephone: 403-457-1776 Telephone: 403-457-1772   Email: investor_relations@step-es.com
Web: www.stepenergyservices.com    

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