Mr. Preet Dhindsa reports

ENERFLEX LTD. ANNOUNCES EXTENSION OF REVOLVING CREDIT FACILITY AND TIMING OF SECOND QUARTER RELEASE

Enerflex Ltd. has entered into an amended and restated credit agreement dated July 11, 2025, with respect to its syndicated secured revolving credit facility (the RCF). The maturity date of the RCF has been extended by three years to July 11, 2028, and availability is unchanged at $800-million. As at March 31, 2025, the company had drawn $117-million on its RCF. Led by the Royal Bank of Canada as agent, Enerflex received renewed lending commitments from all current syndicate members. All amounts presented in this release are in United States dollar unless otherwise stated.

The company also continues to maintain a $70-million unsecured credit facility (the LC facility) with one of the lenders in its RCF syndicate. The LC facility is supported by performance security guarantees provided by Export Development Canada.

Joe Ladouceur, Enerflex's chief financial officer (unterim), commented: "We appreciate the strong support and continued partnership from our lending syndicate. The renewal of the RCF provides Enerflex with strong liquidity and improved terms, supporting efforts to deliver long-term growth and value creation for Enerflex shareholders.

Enerflex's near-term priorities remain unchanged and include: (1) enhancing the profitability of core operations; (2) leveraging the company's leading position in core operating countries to capitalize on expected increases in natural gas and produced water volumes; and (3) maximizing free cash flow to further strengthen Enerflex's financial position, provide direct shareholder returns and invest in selective customer supported growth opportunities."

Q2 earnings release

Enerflex plans to release its financial results and operating highlights for the three and six months ended June 30, 2025, prior to the markets opening on Thursday, Aug. 7, 2025. Results will be communicated by news release and will be available on the company's website and under the electronic profile of the company on SEDAR+ and EDGAR, respectively.

Investors, analysts, members of the media and other interested parties are invited to listen to or participate in a conference call and audio webcast on Thursday, Aug. 7, 2025, at 8 a.m. MT, where members of senior management will discuss the company's results. A question-and-answer period will follow.

Those wishing to listen or participate may register on-line. Once registered, participants will receive the dial-in numbers and a unique PIN to enter the call. The audio webcast of the conference call will be available on the Enerflex website under the investors section or can be accessed directly on-line.

About Enerflex Ltd.

Enerflex is a premier integrated global provider of energy infrastructure and energy transition solutions, deploying natural gas, low-carbon and treated water solutions -- from individual, modularized products and services to integrated custom solutions. With over 4,600 engineers, manufacturers, technicians and innovators, Enerflex is bound together by a shared vision: transforming energy for a sustainable future. The company remains committed to the future of natural gas and the critical role it plays, while focused on sustainability offerings to support the energy transition and growing decarbonization efforts.

Enerflex's common shares trade on the Toronto Stock Exchange under the symbol EFX and on the New York Stock Exchange under the symbol EFXT.