◦ We still expect to convert at least 50% of our adjusted EBITDA to free cash flow in 2023 • Continued commitment to return capital to shareholders Copyright 2023 ChampionX. All rights reserved. 6 • Positive adjusted EBITDA margin momentum ◦ Returned 80% of free cash flow to shareholders in the first quarter ◦ We remain committed to returning at least 60% of free cash flow to shareholders in 2023 Note: See ChampionX First Quarter 2023 earnings release and the appendix herein for reconciliation of non-GAAP f ...