With roots dating to 1938, Expro Group Holdings N.V. (the “Company,” “Expro,” “we,” “our” or “us”) is a global provider of energy services with operations in over 60 countries. The Company’s portfolio of capabilities includes products and services related to well construction, well flow management, subsea well access, and well intervention and integrity. The Company’s portfolio of products and services enhance production and improve recovery across the well lifecycle, from exploration through abandonment.

On October 30, 2025, the Company’s Board of Directors (the “Board”) approved a new stock repurchase program, pursuant to which the Company is authorized to acquire up to $100.0 million of its outstanding common stock from October 30, 2025 through December 31, 2026 (the “Stock Repurchase Program”). Under the Stock Repurchase Program, the Company may repurchase shares of the Company’s common stock in open market purchases, in privately negotiated transactions or otherwise. The Stock Repurchase Program will continue to be utilized at management’s discretion and in accordance with federal securities laws. The timing and actual numbers of shares repurchased will depend on a variety of factors including price, corporate requirements and the constraints specified in the Stock Repurchase Program, along with general business and market conditions. The Stock Repurchase Program does not obligate the Company to repurchase any particular amount of common stock, and it could be modified, suspended or discontinued at any time. During the three months ended March 31, 2026, the Company repurchased approximately 1.2 million shares at an average price of $16.52 per share, for a total cost of approximately $20.0 million. During the three months ended March 31, 2025, the Company repurchased approximately 1.0 million shares at an average price of $10.08 per share, for a total cost of approximately $10.0 million.

On April 1, 2026, the Company announced that its Board of Directors has unanimously approved a plan to change its corporate domicile from the Netherlands to the Cayman Islands (the "Proposed Redomicile"). Subject to shareholder approval, the Proposed Redomicile will be effected through a series of transactions, including a cross-border legal merger whereby Expro Group Holdings N.V. will merge with and into its subsidiary, Expro Luxembourg S.A., followed as soon as practicable thereafter by a merger of Expro Luxembourg S.A. with and into Expro Ltd ("Expro Cayman"), a newly-formed Cayman Islands exempted company. The transaction date is planned to be effective retrospectively on January 1, 2026.

Upon completion of these transactions, Expro Cayman will become the new parent company of the Expro group. Each outstanding share of common stock of Expro Group Holdings N.V. ("Expro Common Stock") will be automatically converted into one ordinary share of Expro Cayman ("Expro Cayman Ordinary Shares"). Expro Common Stock is expected to continue trading on the New York Stock Exchange ("NYSE") up to and including the effective date. Following completion, the Expro Cayman Ordinary Shares are expected to be listed on the NYSE, continuing under the existing ticker symbol "XPRO". The Proposed Redomicile is designed to ensure the Company's shares will trade uninterrupted.

The Proposed Redomicile is subject to conditions, including approval by the Company's shareholders. The shareholder vote is expected to be conducted at the Company’s 2026 annual meeting of shareholders, which is anticipated to occur in June 2026.