Mr. Rene Amirault reports

SECURE ANNOUNCES REDEMPTION OF SENIOR SECOND LIEN SECURED NOTES

Secure Energy Services Inc. has delivered notices of redemption for all of its outstanding 11.000 per cent senior second-lien secured notes due 2025. The aggregate principal amount of the notes currently outstanding is approximately $153-million (U.S.). As set forth in the redemption notices, the redemption date will be Feb. 22, 2024, and the redemption price is 105.5 per cent of the principal amount of the notes, plus accrued and unpaid interest up to, but excluding, the redemption date, all in accordance with the provisions of the indenture governing the notes. The redemption notices are being delivered through the facilities of Deutsche Bank Trust Company Americas. The redemption will be fully financed with proceeds from the previously announced asset sale to Waste Connections Inc., which closed on Feb. 1, 2024.

This press release does not constitute a notice of redemption of the notes. Information concerning the terms and conditions of the redemptions is described in the redemption notices distributed to holders of the notes by Deutsche Bank Trust Company Americas, the U.S. trustee with respect to the notes. Beneficial holders with any questions about the redemptions should contact their respective brokerage firm or financial institution.

About Secure Energy Services Inc.

Secure is a leading waste management and energy infrastructure business headquartered in Calgary, Alta. The corporation's extensive infrastructure network located throughout Western Canada and North Dakota includes waste processing and transfer facilities, industrial landfills, metal recycling facilities, crude oil and water gathering pipelines, crude oil terminals, and storage facilities. Through this infrastructure network, the corporation carries out its principal business operations, including the processing, recovery, recycling and disposal of waste streams generated by its energy and industrial customers and gathering, optimization, terminalling and storage of crude oil and natural gas liquids. The solutions the corporation provides are designed not only to help reduce costs, but also to lower emissions, increase safety, manage water, recycle byproducts and protect the environment.

Secure's common shares trade under the symbol SES and are listed on the Toronto Stock Exchange.

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