Innovex International, Inc.

B USINESS General Innovex designs, manufactures, sells and rents mission critical engineered products to the global oil and natural gas industry. Our vision has been to create a global leader in well-centric products and technologies through organic, customer-linked innovations and disciplined acquisitions to drive leading returns for our investors. On September 6, 2024, the transactions contemplated in the Merger Agreement, dated as of March 18, 2024 (the "Merger Agreement"), between Innovex Downhole Solutions, Inc. ( Legacy Innovex ) and Dril-Quip, Inc. ( Dril-Quip ) (the Merger ) were consummated. Following the Merger, Legacy Innovex became a wholly owned subsidiary of Dril-Quip, and the name Dril-Quip, Inc. was changed to Innovex International, Inc. . In connection with the consummation of the Merger, the outstanding shares of common stock, par value $0.01 per share, of Legacy Innovex (the Legacy Innovex Common Stock ) were converted into the right to receive 32,183,966 shares of common stock, par value $0.01 per share, of the Company (the Company Common Stock ). The number of shares of Company Common Stock received for each share of Legacy Innovex Common Stock by the Legacy Innovex stockholders was equal to 2.0125. On November 29, 2024, we acquired 80% of the issued and outstanding equity securities of Downhole Well Solutions, LLC ( DWS ). The acquisition was completed simultaneously with the signing of the Equity Purchase Agreement on November 29, 2024.