CALFRAC ANNOUNCES VOTING RESULTS OF ELECTION OF DIRECTORS

CALGARY, AB, May 3, 2022 /CNW/ - Calfrac Well Services Ltd. ("Calfrac") (TSX: CFW) is pleased to announce that, at its annual and special meeting of shareholders held today, each of the eight nominees proposed as a director and listed in its management information circular dated April 6, 2022 were elected as directors. Detailed results of the voting for each nominee are set out below.

Nominee	Votes For		Votes Withheld
	Number	%	Number	%
George S. Armoyan	25,658,214	96.16	1,025,278	3.84
Anuroop Duggal	18,270,962	68.47	8,412,530	31.53
Lindsay R. Link	25,721,974	96.40	961,518	3.60
Ronald P. Mathison	25,725,280	96.41	958,212	3.59
Douglas R. Ramsay	22,996,232	86.18	3,687,260	13.82
Charles Pellerin	23,830,884	89.31	2,852,608	10.69
Pat Powell	26,673,918	99.96	9,574	0.04
Chetan R. Mehta	26,676,137	99.97	7,355	0.03

Calfrac's common shares and warrants are publicly traded on the Toronto Stock Exchange under the trading symbols "CFW" and "CFW.WT", respectively. Calfrac provides specialized oilfield services to exploration and production companies designed to increase the production of hydrocarbons from wells drilled throughout western Canada, the United States and Argentina.

SOURCE Calfrac Well Services Ltd.

please contact: George Armoyan, Interim Chief Executive Officer, Telephone: [phone], Fax: [phone]; Michael Olinek, Chief Financial Officer, Telephone: [phone], Fax: [phone]