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NEWPARK CODE OF BUSINESS ETHICS AND CONDUCT

Our Core Values at Newpark are Integrity, Respect, Excellence and Accountability. We are committed to operating with the highest ethical standards and the law everywhere we do business. In order to provide guidance on how to adhere to our Core Values and how to best comply with the ethical and legal standards that apply to our business, we have developed the Newpark Code of Business Ethics and Conduct (“Code”). The Code is the foundation of our Compliance and Ethics program and sets forth the compliance, legal, and ethical standards that apply to our work and our relationships with customers, outside partners, and our co-workers. The Code applies to all Newpark employees, officers, subsidiaries, and joint ventures in which we have a controlling interest. We also expect everyone working on Newpark’s behalf to adhere to our ethical standards. If you have any questions about the Code and its contents, please contact the Legal Department. In order to report potential violations of the Code, you can submit a report through the Ethics and Compliance Hotline.