 HOUSTON, TX ACCESSWIRE May 6, 2021 National Energy Services Reunited Corp. NESR or the Company NASDAQ:NESRNASDAQ:NESRW, a national, industry-leading provider of integrated energy services in the Middle East and North Africa MENA and Asia Pacific regions, today reported certain preliminary unaudited financial results for the quarter ended March 31, 2021. The Company posted the following results for the periods presented: Revenue for the first quarter of 2021 is 212 million, growing 7 year-over-year and remaining flat quarter-over-quarter Operating income for the first quarter of 2021 is 16 million, improving 29 quarter-over-quarter Adjusted EBITDA a non-GAAP measure for the first quarter of 2021 is 50 million1 Net cash provided by operating activities for the first quarter of 2021 is 47 million, improving 38 million year-over-year Free cash flow a non-GAAP measure for the first quarter of 2021 is 37 million, improving 50 million year-over-year and 4 million over the sequential quarter1 Three Months Ended 1 Variance in US thousands except percentages March 31, 2021 December 31, 2020 March 31, 2020 Sequential Year-over- year Revenue 212,426 213,175 199,299 - 7 Operating income 15,733 12,172 18,515 29 15 Adjusted EBITDA non-GAAP 1 50,221 54,615 50,938 8 1 Net cash provided by operating activities 47,482 47,717 9,949 235 37,533 Free cash flow non-GAAP 1 36,701 32,842 13,593 3,859 50,294 1 The Company presents its financial results in accordance with generally accepted accounting principles in the United States of America GAAP. 