Letter From Our CEO

Thank you for your interest in Cimarron’s ongoing sustainability journey. As a long-standing, industry-leading provider of emissions compliance and control solutions, our Company is delivering significant Environmental benefits by reducing greenhouse gases and other pollutants for our customers around the world – Cimarron’s environmental footprint is summarized herein. In addition, this 2021 Sustainability Report highlights our commitments to Social progress and Governance best practices, as we are committed to market leadership across these important areas within our communities and throughout our industry and end markets.

In this report, I am excited to share details with you about our sustainability progress to date and our aspirations for the future… and it all begins with our people! Cimarron’s employees care deeply about our neighbors and our shared planet. Our culture encourages a bias for action that is evident in our employees’ commitment to deliver leading-edge, greenhouse gas (GHG) emission reduction products and services that improve the safe operations of our customers while minimizing negative environmental impacts on our world. Operating sustainably aligns with our company values and is a driving motivation for our highly engaged employees.

The last two years have been difficult as the Covid-19 pandemic negatively impacted our global population and economy. Across our regions of operation and in alignment with evolving government regulations, Cimarron quickly adopted new health and safety procedures in order to keep our employees, customers and communities safe. Importantly, these priorities have always been core to our culture. Uniquely, however, amidst this challenging backdrop, Cimarron was able to strategically expand our global presence and product capabilities, as we completed and integrated the acquisitions of Hybon-EDI, Aereon and Jordan Technologies. Looking ahead, we are well positioned to serve the growing needs of our global customer base as they seek efficient and safe operation of their assets while reducing their environmental footprint in a measurable manner.

On behalf of our Company, I am very proud of what our organization was able to achieve in 2021 amidst difficult circumstances. With creative planning and resourcing, we maintained greater than 96% on-time delivery for all new products sales. Further, we minimized our customer’s non-productive time by having experienced service technicians and parts available. In spite of challenging work environments, I am grateful to report we achieved strong safety metrics – a 0.68 TRIR (Total Recordable Incidents Rate), well below the industry target of 1.00. New product development remains an important area of resource investment. In December 2021, the U.S. Department of Energy awarded a $1 million grant to Cimarron for next-generation development and support of environmental products.

At Cimarron, we S-T-R-I-V-E to protect our environment, not harm it; we S-T-R-I-V-E to be an active contributor in our communities, not a passive benefactor; and, in all we do, we S-T-R-I-V-E to make life better for our employees, customers, shareholders and communities.

Thank you for joining us on this journey,

Jeff Foster