Strategic collaboration to accelerate the deployment of integrated DC-based power systems to meet the surging demand for energy in critical infrastructure sectors

Liberty Energy Inc. (NYSE: LBRT) (“Liberty”), a leader in innovative energy services and technologies, and DC Grid, a pioneer in off-grid modular direct current (DC) power systems, today announced a memorandum of understanding to deliver advanced power solutions tailored to address the growing energy demands of industries such as commercial fleet electric vehicle (EV) hubs and data centers.

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The collaboration leverages Liberty’s power solutions and operational expertise alongside DC Grid’s cutting-edge DC systems to rapidly deploy scalable and sustainable power alternatives. DC Grid’s DC-based off-grid modular power systems are tailored to integrate seamlessly with Liberty’s power infrastructure and provide site-specific energy solutions. The DC ecosystem provides higher power conversion efficiency with a simplified architecture that reduces energy consumption and emissions. The modular solutions further offer redundancy, reliability, and the ability to accelerate deployment timelines for critical infrastructure projects. Small scale power output can be deployed within three months for fleet EV charging hubs, while hundreds of megawatts can be deployed within 12–18 months for data centers.

Liberty will focus on providing power system options through its Liberty Power Innovations (LPI) subsidiary that feed directly into DC Grid’s DC-based appliances that include EV chargers and data center power shelves. Liberty’s low emissions mobile power generation provides outstanding thermal efficiency and fuel flexibility, including natural gas, RNG, and hydrogen. It is a modular design that can be scaled alongside the growing load requirements of a customer. The solution delivers superior operational reliability even in harsh environments, ensuring consistent performance for demanding energy applications.

"A reliable and robust energy supply is essential to drive economic growth, support ready-to-deploy cleantech innovations, and sustain critical advancements in AI," said Vic Shao, Founder and CEO of DC Grid. "Our partnership with Liberty provides us with the opportunity to offer customers fast and reliable options for power. This is especially useful for data centers and fleet EV hubs that are in long queues for service upgrades from the local utilities."

"LPI enables the rapid deployment of distributed power solutions that combine low emissions power generation and balance of plant technology with unparalleled service and support," commented Ron Gusek, President of Liberty Energy. "By pairing our industry leading power generation service capabilities with DC Grid’s modular DC technology, we are positioned to deliver timely, capital efficient energy solutions for high-demand sectors like data centers and fleet EV hubs."

About DC Grid

DC Grid provides off-grid, scalable direct current (DC) power solutions to meet the growing energy demands of electrification and artificial intelligence (AI). By leveraging modular, construction free design, DC Grid ensures rapid deployment of clean energy for fleets, data centers, and other large-scale applications. For more information about DC Grid, visit www.dcgrid.io.

About Liberty

Liberty is a leading North American energy services firm that offers one of the most innovative suites of completion services and technologies to onshore oil and natural gas exploration and production companies. Liberty was founded in 2011 with a relentless focus on developing and delivering next generation technology for the sustainable development of unconventional energy resources in partnership with our customers. Liberty is headquartered in Denver, Colorado. For more information about Liberty, please contact Investor Relations at IR@libertyenergy.com.

Forward-Looking and Cautionary Statements

The information above includes “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements, other than statements of historical facts, included herein are forward-looking statements. These forward-looking statements are identified by their use of terms and phrases such as “may,” “expect,” “estimate,” “outlook,” “project,” “plan,” “position,” “believe,” “intend,” “achievable,” “forecast,” “assume,” “anticipate,” “will,” “continue,” “potential,” “likely,” “should,” “could,” and similar terms and phrases. However, the absence of these words does not mean that the statements are not forward-looking. Although we believe that the expectations reflected in these forward-looking statements are reasonable, they do involve certain assumptions, risks and uncertainties. These forward-looking statements represent our current expectations or beliefs concerning future events, and it is possible that the results described in this release will not be achieved. These forward-looking statements are subject to certain risks, uncertainties and assumptions identified above or as disclosed from time to time in Liberty's filings with the Securities and Exchange Commission. As a result of these factors, many of which are beyond our control, actual results may differ materially from those indicated or implied by such forward-looking statements.

Any forward-looking statement speaks only as of the date on which it is made, and, except as required by law, we do not undertake any obligation to update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.

Investors Michael Stock, Liberty Energy, Chief Financial Officer Anjali Voria, Liberty Energy, Director of Investor Relations 303-515-2851 IR@libertyenergy.com

Media media@dcgrid.io

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