Liberty Energy Launches Bettering Human Lives Foundation to Advance Clean Cooking Solutions

Liberty Energy (NYSE: LBRT), a leading North American energy services company, is proud to announce the establishment of the Bettering Human Lives Foundation, a non-profit organization dedicated to promoting clean cooking solutions and improving the well-being of communities worldwide. The launch of the Bettering Human Lives Foundation (BHL Foundation) complements the company’s initiatives focused on alleviating poverty.

The mission of the Bettering Human Lives Foundation is rooted in the conviction that clean cooking has the power to transform lives. Currently, one-third of the global population relies on open fires or polluting stoves for meal preparation, contributing to poor health and premature deaths, and hindering human potential. This issue is urgent, and the foundation is committed to increasing access to clean cooking fuels.

The Bettering Human Lives Foundation aims to achieve its mission by directly supporting innovators and entrepreneurs in Africa and Asia, enabling them to establish and expand their businesses in the clean cooking sector. By fostering solutions at the grassroots level, the foundation seeks to empower communities and provide families with a viable pathway out of poverty through access to modern, clean energy.

Under the dynamic leadership of Executive Director Anne Hyre, the Bettering Human Lives Foundation benefits from a wealth of experience. With over 30 years of dedicated service in public health across Africa and Asia, Anne will play a pivotal role in steering the foundation's clean cooking initiatives toward creating a lasting and positive impact on communities.

Liberty Energy has made an initial commitment of $1 million and is confident that the foundation will raise significant funds from others inside and outside our industry given the immense impact on human lives and opportunities provided by access to clean cooking fuels. Chris Wright, Founder and CEO of Liberty Energy, expressed the company's dedication to making a positive impact: "We believe that access to clean cooking fuels is the largest single step in the emergence from dire poverty. Through the Bettering Human Lives Foundation, we are committed to supporting local initiatives that bring about lasting change and contribute to the well-being of individuals and families."