ACT ENERGY TECHNOLOGIES LTD.

ACT Energy Technologies Ltd. (formerly Cathedral Energy Services) has been a trusted partner to North American energy companies requiring high-performance directional drilling services. ACT Energy Technologies Ltd., based in Calgary, Alberta, Canada, is incorporated under the Business Corporations Act (Alberta). We operate in Canada and in the United States as "Altitude Energy Partners", and in the U.S. under "Discovery Downhole Services" and "Rime Downhole Technologies". ACT's common shares are publicly-traded on the Toronto Stock Exchange under the symbol "ACX". ACT is a trusted partner to North American energy companies requiring high performance directional drilling services and related downhole technologies. We work in partnership with our customers to tailor our equipment and expertise to meet their specific geographical and technical needs. Our experience, technologies and responsive personnel enable our customers to achieve higher efficiencies and lower project costs. ACT Energy Technologies Ltd., together with its subsidiaries, provides directional drilling services to oil and natural gas companies in Canada and the United States. It offers remote directional and measurement-while-drilling (MWD), automated gamma, drilling optimization, and well planning and rotary steerable services. The company also offers mud motors, MWD technology solutions, rotary steerable systems, drilling motors and components, and downhole technology products. It is also involved in the operation of real-time operations centers, that offers continuous monitoring, collaboration, and optimization services; and provision of equipment rental, training, maintenance, and repair services. The company was formerly known as Cathedral Energy Services Ltd. and changed its name to ACT Energy Technologies Ltd. in July 2024. ACT was founded in 1998.