Velarion · Company Intelligence
Compensation Brief
Fiscal year 2025 · Filings through 2026-05-08

Select Water Solutions (WTTR)

CEO John Schmitz was paid $4,876,029 in fiscal year 2025, ↓ down 0.6% from fiscal year 2024, the 31st percentile of its disclosed peer group (SEC filing 0001104659-26-033864 ↗): executive and director compensation, incentive-plan design, equity activity, and governance — every figure in this brief is traceable to its exact location in the company’s SEC filing — the document, the section, the page, and the table, linked directly.

$4,876,029 ↓
John Schmitz total, FY2025
31st
CEO pay percentile vs peers
57:1
CEO-to-median pay ratio
98.18%
Say-on-pay support, latest vote

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Sample answer — “What is the CEO’s total compensation?”
- John Schmitz (Chairman of the Board, President, and Chief Executive Officer), FY2025 total compensation $4,876,029 (base salary $800,000) [exec_comp, SEC accession 0001104659-26-033864, filed 2026-03-24]

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WTTR's next annual pay disclosure, estimated March 30, 2027.est. Filing ↗

01

Summary Compensation Table — fiscal year 2025

Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
John Schmitz$800,000$128,800$3,245,526$0$681,352$0$20,351$4,876,029
Chairman of the Board, President, and Chief Executive Officer
Michael Skarke390,00037,440761,0500231,0670106,7681,526,325
Executive Vice President and Chief Operating Officer
Christopher George410,00039,360800,0930242,917014,1081,506,478
Executive Vice President and Chief Financial Officer
Michael Lyons390,00037,440761,0500231,067014,1201,433,678
Executive Vice President, Chief Strategy & Technology Officer
Cody Ortowski365,00035,040712,2600216,255014,1801,342,735
Executive Vice President, Business and Regulatory Affairs

A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed in the filing, without adjustment.

Three-year trend — total compensation per named executive

Named executive officerFY2025 totalFY2024 totalFY2023 totalΔ FY2024→2025
John Schmitz$4,876,029$4,903,858$4,389,506↓ −27,829
Michael Skarke1,526,3251,465,3471,327,336↑ +60,978
Christopher George1,506,4781,511,6341,158,616↓ −5,156
Michael Lyons1,433,6781,454,547—↓ −20,869
Cody Ortowski1,342,7351,362,1861,242,834↓ −19,451

Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.

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Companies that benchmark against WTTR
10 companies name WTTR as a compensation peer

Each company listed discloses WTTR in its own benchmarking peer group, as disclosed in each company's most recent proxy statement within the last two proxy seasons. Two companies are therefore absent by design: one that named WTTR in an earlier year and no longer does, and one whose own most recent disclosure is older than the last two seasons.

01b

Executives — the named officers

One page per officer: the same table above, read for one person at a time — his own figure and every fiscal year the register holds.

ExecutiveRoleFY2025 total
Christopher GeorgeCFO$1,506,478
John SchmitzCEO$4,876,029
Cody OrtowskiEVP$1,342,735
Michael LyonsExecutive$1,433,678
Michael SkarkeCOO$1,526,325
01c

Board of directors

One page per director: the seat, the committees and the fee table, read for one person at a time.

DirectorRoleFY2025 total
Bruce E. CopeIndependent Director$217,739
Douglas J. WallIndependent Director$232,180
Gayle L. BurlesonIndependent Director$237,180
Luis Fernandez-MorenoIndependent Director$222,180
Richard A. BurnettLead Independent Director$262,180
Robin H. FielderIndependent Director$222,180
Timothy A. RobertsIndependent Director$217,739
Troy W. ThackerFormer director (through FY2025)$28,095
02

Equity transactions since the proxy statement was filed

No insider equity transactions reported since the proxy statement.

03

Grants of plan-based awards — fiscal year 2025

ExecutiveAwardGrant dateThresholdTargetGrantedMaximumGrant-date fair value
John SchmitzPSU2025-02-24————$3,245,526
Michael SkarkePSU—————761,050
Michael LyonsPSU—————761,050
Christopher GeorgePSU—————800,093
Cody OrtowskiPSU—————712,260
03b

Vehicle mix — grant-date fair value by award type

Named executive officerTime-vested (RSU)Performance-vested (PSU)Options / SARs% performance-vested
John Schmitz$0$3,245,526$0100.0%
Michael Skarke0761,0500100.0%
Michael Lyons0761,0500100.0%
Christopher George0800,0930100.0%
Cody Ortowski0712,2600100.0%

% performance-vested = PSU grant-date fair value ÷ (RSU + PSU + Options), a computed value with the derivation shown in the register.

04

Outstanding equity awards at fiscal year-end 2025

ExecutiveAwardShares unvestedExercise priceMarket value unvested
Michael SkarkeRSU73,511—$773,336
John SchmitzRSU313,493—3,297,946
John SchmitzPSU493,524—5,191,873
Michael SkarkePSU115,730—1,217,480
John SchmitzOption195,74925.63—
John SchmitzOption172,24420.5—
Cody OrtowskiPSU108,309—1,139,411
Michael LyonsPSU115,730—1,217,480
Christopher GeorgeRSU74,427—782,972
Cody OrtowskiRSU68,799—723,766
Christopher GeorgePSU121,624—1,279,485
Michael LyonsRSU63,378—666,737
05

Incentive-plan design — the Compensation Discussion & Analysis

We generally reference the middle range of our competitive market for base salaries and target incentive opportunities, and the Compensation Committee maintains a focus on pay-for-performance and compensation in the form of equity awards to leverage the Company's ability to attract, retain, and motivate key talent.

CEO STI target (% of salary)115%
CEO LTI target (% of salary)—
Independent consultantMeridian Compensation Partners
Clawback policyTrue
Anti-hedgingTrue
Anti-pledgingTrue
06

Say-on-pay — recent advisory votes

Meeting yearMeeting dateForAgainstAbstainSupportOutcome
20262026-05-07111,834,9241,385,060691,03698.18%Passed
20252025-05-02101,703,7132,157,98534,26897.89%Passed
20242024-05-0889,879,6142,032,035181,26497.6%Passed
20212021-05-0780,058,5681,667,07895,95997.85%Passed
20182018-05-0483,851,654318,541403,27599.15%Passed

Rows are labeled by annual-meeting year, with the meeting date beside each; the vote held in a given year acts on the prior fiscal year's compensation.

Say-on-pay — history, company's computation

Meeting yearMeeting dateApproval — company's computation
20262026-05-0798.18%a
20252025-05-0297.89%b
20242024-05-0897.6%c

a. Approved under the standard stated in the filing — “Abstentions will have the effect of a vote against the proposal.”.

b. Approved under the standard stated in the filing — “Abstentions will have the effect of a vote against the proposal.”.

c. Approved under the standard stated in the filing — “Abstentions will have the effect of a vote against the proposal.”.

Approval percentages are the company's own reported computations under its own stated standard, not recomputed by Velarion. Where a company does not state a standard, none is assumed.

07

CEO pay ratio

Ratio (CEO : median employee)57 : 1
CEO total compensation$4,871,202
Median employee compensation$86,166
08

Director compensation — fiscal year 2025

DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
Richard A. BurnettIndependent · Lead Independent Director · Audit (Chair)$114,441$147,739$0$0$0$262,180
Gayle L. BurlesonIndependent · Compensation (Chair)89,441147,739000237,180
Douglas J. WallIndependent · Compensation · Not standing for re-election84,441147,739000232,180
Robin H. FielderIndependent · Audit · Nominating/Governance & Sustainability74,441147,739000222,180
Luis Fernandez-MorenoIndependent · Compensation · Nominating/Governance & Sustainability74,441147,739000222,180
Timothy A. RobertsIndependent · Audit · Compensation · Newly elected70,000147,739000217,739
Bruce E. CopeIndependent · Audit · Nominating/Governance & Sustainability · Newly elected70,000147,739000217,739
Troy W. ThackerIndependent · Audit · Not standing for re-election · Departed during FY28,095000028,095
John D. SchmitzEmployee director · Board Chair000—00
09

Board fee structure and ownership guideline

Annual cash retainer$70,000
Annual equity retainer$147,739
Per board meeting fee—
Committee chair fees (audit / comp / nom-gov)20,000 / 15,000
Stock ownership guidelineour non-employee directors are subject to certain stock ownership and retention requirements.
09b

Total cost of the board

ComponentFY2025
Cash retainers and fees$605,300
Equity awards (grant-date value)$1,034,173
All other compensation$0
Total cost of the board$1,639,473

Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.

10

Disclosed peer group — fiscal year 2025

The compensation peer group as the company disclosed it in its own proxy — the reference set behind the percentile above.

10a

Peer reciprocity

Of the companies Select Water Solutions names as compensation peers, which name it back in their own disclosed peer groups. A peer set the market reciprocates reads differently from one selected in a single direction.

Reciprocity shown where the peer's own current proxy has been read — each mark is cited in the register to that peer's filing. A dash means the peer's current proxy was read and names no reciprocal group including Select Water Solutions.

10b

Chief executive pay against the peer group

Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company's own proxy statement.

RankCompanyFYChief executiveSalaryStock awardsOption awardsNon-equity incentiveTotal
1Patterson-UTI Energy, Inc.2025William Hendricks$1,300,000$8,497,991$0$2,264,330$12,077,321
2Aris Water Solutions, Inc.2024Amanda Brock732,3086,432,56702,047,5769,233,151
3Archrock, Inc.2025D. Bradley Childers944,2316,037,304—1,985,3639,037,610
4Helmerich & Payne, Inc.2025John Lindsay1,179,9095,749,95701,559,0169,010,799
5NPK International Inc.2025Matthew Lanigan754,0004,058,53703,339,6328,196,160
6ProPetro Holding Corp.2025Samuel Sledge975,0004,391,41001,137,5006,539,712
7Atlas Energy Solutions Inc.2025John Turner906,1544,072,930005,508,018
8TETRA Technologies, Inc.2025Brady Murphy735,0001,325,33303,061,8255,133,908
9Oil States International, Inc.2025Cindy Taylor925,0002,400,00301,654,2445,079,386
10Select Water Solutions2025John Schmitz800,0003,245,5260681,3524,876,029
11Liberty Energy Inc.2025Ron Gusek591,2822,943,85501,057,7184,793,487
12RPC, Inc.2025Ben Palmer618,0001,388,26501,155,6603,192,075
13CECO Environmental Corp.2024Todd Gleason717,3831,627,505289,575382,6563,051,771
14Cactus, Inc.2025Scott Bender450,0001,821,6340222,7882,524,459
—Solaris Oilfield Infrastructure, Inc.——————not in coverage universe
—U.S. Silica Holdings, Inc.——————not in coverage universe

Each peer's compensation is from its most recently filed proxy; fiscal years differ by company. Each peer's figures come from its own filings; the subject company is highlighted. Peers whose chief executive compensation is outside our coverage universe are stated as such, never left blank.

10c

Incentive design against the same peers

CompanyAnnual incentive payoutLong-term vehicle mixPSU measures include TSRCompensation consultant
Select Water Solutions88.1%RSU 50 · PSU 50Yes — Relative Total Shareholder Return (TSR)Meridian Compensation Partners
Archrock, Inc.not disclosedRSU 50 · PRSU 50not disclosedPearl Meyer
Aris Water Solutions, Inc.not disclosednot disclosednot disclosedCompensation Advisory Partners, LLC and Pay Governance, LLC
Atlas Energy Solutions Inc.not disclosednot disclosednot disclosedMeridian Compensation Partners LLC
Cactus, Inc.not disclosedPSU 50 · RSU 50not disclosedPearl Meyer & Partners, LLC
CECO Environmental Corp.40%PSU 75 · Options 25NoMeridian Compensation Partners LLC
Helmerich & Payne, Inc.109.09%PSU 50 · RSU 50Yes — Total Stockholder Return (TSR)Willis Towers Watson
Liberty Energy Inc.not disclosednot disclosedNoCBIZ Inc.
NPK International Inc.not disclosedRSU 50 · PRSU 50not disclosedZayla Partners, LLC
Oil States International, Inc.not disclosedRSU 50 · PRSU 25 · Cash Performance Award 25not disclosedMeridian Compensation Partners
Patterson-UTI Energy, Inc.not disclosedPSU 50 · RSU 50Yes — Total Stockholder Return (TSR)Pay Governance LLC
ProPetro Holding Corp.not disclosedRSU 50 · PSU 50not disclosedPearl Meyer
RPC, Inc.187%RSU 75 · PSU 25NoMercer, LLC
Solaris Oilfield Infrastructure, Inc.not disclosednot disclosednot disclosednot disclosed
TETRA Technologies, Inc.not disclosedRSU 50 · LTIP Units 50not disclosedPay Governance LLC
U.S. Silica Holdings, Inc.not disclosednot disclosednot disclosednot disclosed

Read from each company's Compensation Discussion and Analysis: annual incentive payout as a percentage of target, the disclosed long-term vehicle mix, whether performance-share measures include a total shareholder return component, and the retained compensation consultant. “Not disclosed” appears only where the company's filing does not state the item.

10d

Frequently asked questions

Who was the highest-paid executive at Select Water Solutions in fiscal 2025?
As disclosed, John Schmitz (Chairman of the Board, President, and Chief Executive Officer) was the highest-paid executive at Select Water Solutions in fiscal 2025, with total compensation of $4,876,029.
How does Select Water Solutions's chief executive pay compare to its disclosed peer group?
As disclosed, John Schmitz's total compensation ranked at the 31st percentile of Select Water Solutions's disclosed peer group.
What is Select Water Solutions's CEO-to-median employee pay ratio?
As disclosed, Select Water Solutions's CEO-to-median employee pay ratio was 57:1.
How did shareholders vote on Select Water Solutions's executive compensation?
As disclosed, 98.18% of shareholders supported Select Water Solutions's executive compensation in the latest say-on-pay vote.
How much does Select Water Solutions spend in total on board compensation for fiscal 2025?
As disclosed, Select Water Solutions reported total board compensation of $1,639,473 for fiscal 2025.

Answers are drawn only from the figures disclosed in this brief and cited to their location in the source filing. Where a figure required for an answer is not disclosed, that is stated rather than estimated.

11

Source register

Each figure's location is given both for the eye (section · page · table · row · column) and for a script (table/row/column index and exact character span in the filed document). Any figure can be independently confirmed against the source.

#SupportsDocumentFiledAccessionLocation in document
1Section 01, John SchmitzDEF 14A2026-03-240001104659-26-033864Section “2025 Summary Compensation Table”. As printed: 4,876,029. Filing ↗machine: span 1041295–1041304
2Section 01, Michael SkarkeDEF 14A2026-03-240001104659-26-033864Section “2025 Summary Compensation Table”. As printed: 1,526,325. Filing ↗machine: span 1075360–1075369
3Section 01, Christopher GeorgeDEF 14A2026-03-240001104659-26-033864Section “2025 Summary Compensation Table”. As printed: 1,506,478. Filing ↗machine: span 1058310–1058319
4Section 01, Michael LyonsDEF 14A2026-03-240001104659-26-033864Section “2025 Summary Compensation Table”. As printed: 1,433,678. Filing ↗machine: span 1092422–1092431
5Section 01, Cody OrtowskiDEF 14A2026-03-240001104659-26-033864Section “2025 Summary Compensation Table”. As printed: 1,342,735. Filing ↗machine: span 1104187–1104196
6Section 03, John Schmitz PSUDEF 14A2026-03-240001104659-26-033864Section “Summary Compensation Table” · grants of plan-based awards table. Filing ↗machine: t92 · r1 · c24 · span 1038962–1038971
7Section 03, Michael Skarke PSUDEF 14A2026-03-240001104659-26-033864Section “Summary Compensation Table” · grants of plan-based awards table. Filing ↗machine: t92 · r7 · c24 · span 1073028–1073035
8Section 03, Michael Lyons PSUDEF 14A2026-03-240001104659-26-033864Section “Summary Compensation Table” · grants of plan-based awards table. Filing ↗machine: t92 · r10 · c24 · span 1090091–1090098
9Section 03, Christopher George PSUDEF 14A2026-03-240001104659-26-033864Section “Summary Compensation Table” · grants of plan-based awards table. Filing ↗machine: t92 · r4 · c24 · span 1055997–1056004
10Section 03, Cody Ortowski PSUDEF 14A2026-03-240001104659-26-033864Section “Summary Compensation Table” · grants of plan-based awards table. Filing ↗machine: t92 · r12 · c24 · span 1101856–1101863
11Section 07, pay ratioDEF 14A2026-03-240001104659-26-033864Section “CEO Pay Ratio”. As printed: 57 : 1. Filing ↗machine: span 1763623–1763625
12Section 08, Richard A. BurnettDEF 14A2026-03-240001104659-26-033864Section “Director Compensation”. As printed: 262,180. Filing ↗machine: t30 · r2 · c21 · span 346512–346519
13Section 08, Gayle L. BurlesonDEF 14A2026-03-240001104659-26-033864Section “Director Compensation”. As printed: 237,180. Filing ↗machine: t30 · r1 · c21 · span 343269–343276
14Section 08, Douglas J. WallDEF 14A2026-03-240001104659-26-033864Section “Director Compensation”. As printed: 232,180. Filing ↗machine: t30 · r8 · c21 · span 365399–365406
15Section 08, Robin H. FielderDEF 14A2026-03-240001104659-26-033864Section “Director Compensation”. As printed: 222,180. Filing ↗machine: t30 · r5 · c21 · span 355898–355905
16Section 08, Luis Fernandez-MorenoDEF 14A2026-03-240001104659-26-033864Section “Director Compensation”. As printed: 222,180. Filing ↗machine: t30 · r4 · c21 · span 352770–352777
17Section 08, Timothy A. RobertsDEF 14A2026-03-240001104659-26-033864Section “Director Compensation”. As printed: 217,739. Filing ↗machine: t30 · r6 · c21 · span 359028–359035
18Section 08, Bruce E. CopeDEF 14A2026-03-240001104659-26-033864Section “Director Compensation”. As printed: 217,739. Filing ↗machine: t30 · r3 · c21 · span 349637–349644
19Section 08, Troy W. ThackerDEF 14A2026-03-240001104659-26-033864Section “Director Compensation”. As printed: 28,095. Filing ↗machine: t30 · r7 · c7 · span 360624–360630
20Section 08, John D. SchmitzDEF 14A2026-03-240001104659-26-033864Section “Director Compensation”. As printed: 0. Filing ↗
21Section 06, 2026 voteForm 8-K2026-05-080001140361-26-020043Item 5.07 · say-on-pay result. As reported: 98.18% (votes for as printed: 111,834,924). Filing ↗
22Section 06, 2025 voteForm 8-K2025-05-060001140361-25-017557Item 5.07 · say-on-pay result. As reported: 97.89% (votes for as printed: 101,703,713). Filing ↗
23Section 06, 2024 voteForm 8-K2024-05-090001140361-24-025099Item 5.07 · say-on-pay result. As reported: 97.6% (votes for as printed: 89,879,614). Filing ↗
24Section 01 trend, Δ column (computed)Computed——Δ = current-FY total − prior-FY total per named officer.machine: formula: Δ = FY(n) − FY(n−1)
25Section 03b vehicle mix (computed)Computed——RSU / PSU / Options grant-date fair values summed per officer from the grants table; % performance-vested = PSU ÷ (RSU+PSU+Options).machine: formula: sums + PSU ratio
26Section 09b board cost (computed)Computed——Cash 605,300 + equity 1,034,173 + all other 0 = 1,639,473, summed across the director compensation table rows.machine: formula: Σ = 1,639,473
27Patterson-UTI Energy, Inc., Section 10b CEO totalDEF 14A2026-04-130000889900-26-000020CEO total compensation as printed in Patterson-UTI Energy, Inc.'s own proxy. As printed: 12,077,321. Filing ↗machine: span 571078–571088
28Aris Water Solutions, Inc., Section 10b CEO totalDEF 14A2025-04-090001193125-25-076892CEO total compensation as printed in Aris Water Solutions, Inc.'s own proxy. As printed: 9,233,151. Filing ↗machine: r5 · c26 · span 289536–289545
29Archrock, Inc., Section 10b CEO totalDEF 14A2026-03-170001104659-26-029581CEO total compensation as printed in Archrock, Inc.'s own proxy. As printed: 9,037,610. Filing ↗
30Helmerich & Payne, Inc., Section 10b CEO totalDEF 14A2026-01-220001104659-26-005786CEO total compensation as printed in Helmerich & Payne, Inc.'s own proxy. As printed: 9,010,799. Filing ↗machine: r1 · c42 · span 1420313–1420322
31NPK International Inc., Section 10b CEO totalDEF 14A2026-04-090000071829-26-000017CEO total compensation as printed in NPK International Inc.'s own proxy. As printed: 8,196,160. Filing ↗machine: span 593230–593239
32ProPetro Holding Corp., Section 10b CEO totalDEF 14A2026-04-080001104659-26-040891CEO total compensation as printed in ProPetro Holding Corp.'s own proxy. As printed: 6,539,712. Filing ↗machine: r1 · c48 · span 1147235–1147244
33Atlas Energy Solutions Inc., Section 10b CEO totalDEF 14A2026-03-270001140361-26-011749CEO total compensation as printed in Atlas Energy Solutions Inc.'s own proxy. As printed: 5,508,018. Filing ↗machine: r5 · c18 · span 569568–569577
34TETRA Technologies, Inc., Section 10b CEO totalDEF 14A2026-04-090000844965-26-000026CEO total compensation as printed in TETRA Technologies, Inc.'s own proxy. As printed: 5,133,908. Filing ↗machine: span 841633–841642
35Oil States International, Inc., Section 10b CEO totalDEF 14A2026-03-270001121484-26-000017CEO total compensation as printed in Oil States International, Inc.'s own proxy. As printed: 5,079,386. Filing ↗machine: r2 · c21 · span 888287–888296
36Select Water Solutions (subject), Section 10b CEO totalDEF 14A2026-03-240001104659-26-033864CEO total compensation as printed in Select Water Solutions's own proxy. As printed: 4,876,029. Filing ↗machine: span 1041295–1041304
37Liberty Energy Inc., Section 10b CEO totalDEF 14A2026-03-050001999371-26-005123CEO total compensation as printed in Liberty Energy Inc.'s own proxy. As printed: 4,793,487. Filing ↗machine: r5 · c14 · span 606395–606404
38RPC, Inc., Section 10b CEO totalDEF 14A2026-03-180001104659-26-030766CEO total compensation as printed in RPC, Inc.'s own proxy. As printed: 3,192,075. Filing ↗machine: t142 · r9 · c14 · span 742140–742149
39CECO Environmental Corp., Section 10b CEO totalDEF 14A2025-04-100001558370-25-004649CEO total compensation as printed in CECO Environmental Corp.'s own proxy. As printed: 3,051,771. Filing ↗
40Cactus, Inc., Section 10b CEO totalDEF 14A2026-03-310001628280-26-022453CEO total compensation as printed in Cactus, Inc.'s own proxy. As printed: 2,524,459. Filing ↗machine: span 346833–346842
41Section 10a, Aris Water Solutions, Inc. reciprocityDEF 14A—0001193125-25-076892Aris Water Solutions, Inc. names Select Water Solutions in its own disclosed peer group (read from its most recent proxy). Filing ↗
42Section 10a, Liberty Energy Inc. reciprocityDEF 14A—0001999371-26-005123Liberty Energy Inc.'s most recent proxy was read; its disclosed peer group does not include Select Water Solutions. Filing ↗
43Section 10a, Atlas Energy Solutions Inc. reciprocityDEF 14A—0001140361-26-011749Atlas Energy Solutions Inc.'s most recent proxy was read; its disclosed peer group does not include Select Water Solutions. Filing ↗
44Section 10a, NPK International Inc. reciprocityDEF 14A—0000071829-26-000017NPK International Inc.'s most recent proxy was read; its disclosed peer group does not include Select Water Solutions. Filing ↗
45Section 10a, Patterson-UTI Energy, Inc. reciprocityDEF 14A—0001628280-25-017335Patterson-UTI Energy, Inc.'s most recent proxy was read; its disclosed peer group does not include Select Water Solutions. Filing ↗
46Section 10a, TETRA Technologies, Inc. reciprocityDEF 14A—0000844965-26-000026TETRA Technologies, Inc. names Select Water Solutions in its own disclosed peer group (read from its most recent proxy). Filing ↗
47Section 10a, CECO Environmental Corp. reciprocityDEF 14A—0001558370-25-004649CECO Environmental Corp.'s most recent proxy was read; its disclosed peer group does not include Select Water Solutions. Filing ↗
48Section 10a, ProPetro Holding Corp. reciprocityDEF 14A—0001104659-26-040891ProPetro Holding Corp.'s most recent proxy was read; its disclosed peer group does not include Select Water Solutions. Filing ↗
49Section 10a, Cactus, Inc. reciprocityDEF 14A—0001628280-26-022453Cactus, Inc.'s most recent proxy was read; its disclosed peer group does not include Select Water Solutions. Filing ↗
50Section 10a, Oil States International, Inc. reciprocityDEF 14A—0001121484-26-000017Oil States International, Inc. names Select Water Solutions in its own disclosed peer group (read from its most recent proxy). Filing ↗
51Section 10a, Archrock, Inc. reciprocityDEF 14A—0001104659-26-029581Archrock, Inc. names Select Water Solutions in its own disclosed peer group (read from its most recent proxy). Filing ↗
52Section 10a, Helmerich & Payne, Inc. reciprocityDEF 14A—0001104659-26-005786Helmerich & Payne, Inc.'s most recent proxy was read; its disclosed peer group does not include Select Water Solutions. Filing ↗

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