TETRA TECHNOLOGIES Business Summary

TETRA Technologies, Inc. (TTI) is a geographically diversified energy services and solutions company that generates revenue through the sale of specialized completion fluids and the provision of comprehensive water management services. The company operates via two primary business segments: Completion Fluids & Products, which manufactures and markets clear brine fluids, additives, and industrial chemicals like calcium chloride; and Water & Flowback Services, which provides end-to-end water solutions including recycling, treatment via its proprietary TETRA Oasis technology, and flowback services utilizing its SandStorm solids separator. TTI is increasingly pivoting toward low-carbon energy markets, leveraging its Arkansas brine acreage for bromine and lithium extraction and expanding its PureFlow electrolyte business for long-duration energy storage. In the competitive landscape, TTI contends with major oilfield service providers such as Halliburton, Baker Hughes, and Select Water Solutions, distinguishing itself as a high-margin specialist in aqueous chemistry and sustainable water lifecycles rather than a broad-spectrum integrated driller. As of March 2026, the leadership team is led by President and CEO Brady M. Murphy, who joined the company in 2018 with over 35 years of industry experience, including executive roles at Halliburton and Paradigm Group B.V. The financial department is currently overseen by Senior VP and CFO Elijio V. Serrano, who is set to retire on March 31, 2026, and will be succeeded by Matthew J. Sanderson, the current Executive VP and Chief Commercial Officer with a 19-year pedigree from SLB (Schlumberger). Other key executives include Alicia P. Boston, Senior VP and General Counsel, and Kurt Hallead, VP of Investor Relations and Treasurer. The company’s Board of Directors, chaired by John F. Glick, features notable industry veterans such as Julie Sloat, the former CEO of American Electric Power, and Dr. Thomas R. Bates, Jr., highlighting a strategic focus on energy transition and institutional governance.