Calfrac Well Services Ltd. Announces Appointment of Chief Executive Officer

Executive Summary

• Calfrac Well Services Ltd. announced the appointment of Tyler Dahlseide as its new Chief Executive Officer, effective February 4, 2026.
• Dahlseide joins from an internal Vice‑President role and brings senior leadership experience from Ferus Inc. and the national trade association Enserva.
• The Board expressed confidence that his background in growth and organizational transformation will support execution of Calfrac’s strategic plan.

Key Details

• Appointed CEO: Tyler Dahlseide, effective February 4, 2026.
• Prior Roles: Vice President, Optimization and Strategy at Calfrac (since September 2025); former President and director of Ferus Inc.; Chairman of Enserva (2023‑2025).
• Board Comment: Chairman Ron Mathison highlighted Dahlseide’s talent, motivation, and experience in driving growth and transformation.
• CEO Quote: “I am grateful for the opportunity to lead this respected and storied energy services business… to unlock value for the Company’s shareholders.”
• Company Ticker: TSX: CFW (Calfrac Well Services Ltd.).

Notable Quotes

• Ron Mathison, Chairman: “The Board of Directors is very pleased to appoint Tyler as CEO. He is a talented, motivated leader, and we believe his considerable experience at stewarding growth and organizational transformation will be key to Calfrac executing its strategy moving forward.”
• Tyler Dahlseide, CEO: “I am grateful for the opportunity to lead this respected and storied energy services business, and I look forward to working with the entire Calfrac team to unlock value for the Company’s shareholders.”