Liberty Energy Inc.

Item 1.01 Entry into a Material Definitive Agreement. Supply Contract for Power Generation Equipment On February 13, 2026, the Purchaser and NES-WES entered into the NES-WES Contract for the purchase of power generation equipment, including engines and certain balance of plant equipment, and related services (collectively, the “Equipment”), for the Company’s prospective data center and other distributed power projects. The NES-WES Contract has a purchase price of approximately $493.2 million (the “Contract Price”). The Contract Price includes amounts for certain tariffs and transportation costs, which are subject to adjustment based on actual costs incurred and settled at the final payment milestone. On May 27, 2026, the Purchaser and NES-WES entered into Amendment No. 1, which amended certain milestone invoice and payment events. The payment schedule for the Contract Price includes a down payment due in connection with signing the NES-WES Contract, and the remaining payments are to be made in installments relating to the scheduling, delivery, and takeover of the Equipment, as amended by Amendment No. 1. Delivery milestones, performance testing, and takeover of the Equipment, as amended by Amendment No. 1, are scheduled to occur in 2028 and 2029. The NES-WES Contract provides limits on each party’s total liability and that neither party shall be liable to the other for indirect, special, punitive, incidental, or consequential damages. NES-WES is subject to paying liquidated damages under certain conditions for failure to achieve delivery milestones and performance guarantees. The NES-WES Contract provides that performance deadlines may be extended for certain delays, including force majeure events. The Purchaser may terminate the NES-WES Contract for convenience at any time, subject to payment of a termination charge. NES-WES may suspend performance and terminate the NES-WES Contract for the Purchaser’s failure to make required payments, following notice and a cure period. The foregoing description of the NES-WES Contract and Amendment No. 1 does not purport to be complete and is qualified in its entirety by reference to the full text of the NES-WES Contract and Amendment No. 1, copies of which are filed as Exhibits 10.1 and 10.2, respectively, hereto and are incorporated herein by reference. Forward-Looking Statements This Current Report on Form 8-K contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical facts, included herein that address activities, events or developments that the Company expects, believes or anticipates will or may occur in the future are forward-looking statements, including those with respect to the delivery timelines for Equipment under the NES-WES Contract, the timing and amount of payments under the NES-WES Contract, performance of the Equipment being acquired under the NES-WES Contract, and the performance of NES-WES under the NES-WES Contract. Investors are cautioned that any such statements are not guarantees of future performance and that actual results or developments may differ materially from those projected in the forward-looking statements. These forward-looking statements are identified by their use of terms and phrases such as “may,” “expect,” “estimate,” “outlook,” “project,” “plan,” “position,” “believe,” “intend,” “achievable,” “forecast,” “assume,” “anticipate,” “will,” “continue,” “potential,” “likely,” “should,” “could,” and similar terms and phrases. However, the absence of these words does not mean that the statements are not forward-looking. Any forward-looking statement speaks only as of the date on which it is made, and, except as required by law, we do not undertake any obligation and expressly disclaim any obligation to update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.