Restrepo William J

Row 1 · 2017-01-06 · Other · Disposed 7,947 · Balance 0

F1: On December 16, 2016, an order confirming the plan of reorganization (the "Plan") of C&J Energy Services Ltd. (the "Company") and certain of its subsidiaries was entered by the United States Bankruptcy Court for the Southern District of Texas, Houston Division. On January 6, 2017, the Plan became effective pursuant to its terms and all of the Company's equity was cancelled.

Row 1 · 2026-01-01 · Exercise / conversion · Acquired 17,105 · Balance 128,434

F1: Reflects the number of shares vesting on January 1, 2026 in respect of the 17,105 earned and vested Performance restricted stock units originally granted on January 1, 2025.

Row 2 · 2026-01-01 · Tax withholding · Disposed 4,343 · Balance 124,091

F2: Reflects the number of shares surrendered on January 1, 2026 to satisfy the tax withholding on the vesting and issuance of 17,105 shares of the 17,105 Performance restricted stock units originally granted on January 1, 2025. The remaining 12,762 vested performance shares were retained by Mr. Restrepo.

Row 4 · 2026-01-01 · Grant · Acquired 17,105 · Balance 17,105

F3: Performance restricted stock units convert into common shares on a 1-for-1 basis.

F4: These Performance restricted stock units were earned by Mr. Restrepo pursuant to his employment agreement and the terms therein upon his qualifying retirement on October 1, 2025 as Chief Financial Officer, based on the achievement of certain objectives for the year 2025, as determined on December 31, 2025, by the Compensation Committee. 185.78% of the target number of performance restricted stock units granted pursuant to the terms of Mr. Restrepo's employment agreement were determined to have been earned, subject to proration to reflect the partial year of employment. The number reported above reflects the number of earned performance restricted stock units, prorated through September 30, 2025, that are payable in share-settled restricted stock units. The Performance restricted stock units that settle in shares are scheduled to fully vest, in accordance with Mr. Restrepo's employment agreement, on the first anniversary of the date of grant, January 1, 2026.

Row 5 · 2026-01-01 · Exercise / conversion · Disposed 17,105 · Balance 0

F3: Performance restricted stock units convert into common shares on a 1-for-1 basis.

F1: Reflects the number of shares vesting on January 1, 2026 in respect of the 17,105 earned and vested Performance restricted stock units originally granted on January 1, 2025.

Row 3 · Balance 44,212

Row 1 · 2023-12-18 · Disposition to issuer · Disposed 1,500 · Balance 0

F4: In connection with the closing of the Business Combination, the shares of NETC Class A Common Stock were redeemed for a cash price of $10.99 per share.

F5: The Reporting Person disclaims beneficial ownership of all shares of NETC Class A Common Stock reported, except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of the securities for purposes of Section 16 or for any other purpose.

Row 2 · 2023-12-14 · Gift · Disposed 71,200 · Balance 112,604

F1: The shares of the Issuer's Class F common stock, par value $0.0001 per share ("NETC Class F Common Stock"), are automatically convertible into shares of the Issuer's Class B common stock, par value $0.0001 per share ("NETC Class B Common Stock") at the time of the Issuer's initial business combination on a one-for-one basis, subject to adjustment pursuant to certain anti-dilution rights, and have no expiration date. Prior to and following the Issuer's initial business combination, the shares of NETC Class B Common Stock will be convertible, at the option of the holder, into shares of the Issuer's Class A common stock, par value $0.0001 per share.

F2: On December 14, 2023, Nabors Energy Transition Sponsor LLC effectuated a pro rata distribution of 4,325,000 of its shares of NETC Class F Common Stock, of which 1,946,250 shares were distributed to Greens Road Energy LLC ("Greens Road," and such distribution, the "Sponsor Distribution"). Following the Sponsor Distribution, Greens Road effectuated a pro rata distribution to its members, including the Reporting Person, pursuant to which the Reporting Person received 183,604 shares. On December 14, 2023, the Reporting Person made a bona fide gift for no consideration of 71,200 shares of the Issuer's Class F Common Stock.

Row 3 · 2023-12-18 · Disposition to issuer · Disposed 112,604 · Balance 0

F1: The shares of the Issuer's Class F common stock, par value $0.0001 per share ("NETC Class F Common Stock"), are automatically convertible into shares of the Issuer's Class B common stock, par value $0.0001 per share ("NETC Class B Common Stock") at the time of the Issuer's initial business combination on a one-for-one basis, subject to adjustment pursuant to certain anti-dilution rights, and have no expiration date. Prior to and following the Issuer's initial business combination, the shares of NETC Class B Common Stock will be convertible, at the option of the holder, into shares of the Issuer's Class A common stock, par value $0.0001 per share.

F3: In connection with the closing of the business combination (the "Business Combination") between the Issuer, Vast Renewables Limited ("Vast"), Neptune Merger Sub, Inc. ("Merger Sub"), the Sponsor and Nabors on December 18, 2023, whereby, among other things, Merger Sub merged with and into the Issuer and each share of NETC Class F Common Stock, was exchanged for a number of ordinary shares of Vast equal to the Exchange Ratio (as defined in the Business Combination Agreement, dated as of February 14, 2023, by and among the Issuer, Merger Sub, Vast, the Sponsor and Nabors, as amended), each share of NETC Class F Common Stock was automatically cancelled and ceased to exist.