Smart Sand, Inc.

The Company is a fully integrated frac and industrial sand supply and services company. It provides complete mine-to-wellsite proppant supply and logistics solutions to its frac sand customers. The Company produces low-cost, high-quality Northern White sand, which is a premium sand used as a proppant to enhance hydrocarbon recovery rates in the hydraulic fracturing of oil and natural gas wells, and for various industrial applications. It also offers proppant logistics solutions through its in-basin transloading terminals and SmartSystems™ wellsite proppant storage capabilities. The Company has expanded its product line to include Industrial Products Solutions ("IPS"), offering sand for industrial uses to diversify its customer base and markets. It markets products and services to oil and natural gas exploration and production companies, oilfield service companies, and diversified industrial and commercial customers. Key assets include its proprietary SmartDepot™ portable wellsite proppant storage silos, SmartPath® wellsite proppant management system, and SmartBelt™ conveyor system. The Company operates through its Sand Segment, selling sand via short-term and long-term contracts or spot sales. Incorporated in Delaware in July 2011, it began operations at its Oakdale, Wisconsin facility in July 2012 with 1.1 million tons of annual processing capacity. After expansions, the Oakdale facility's current annual processing capacity is approximately 5.5 million tons. This facility has access to both the Canadian Pacific Class I rail network (via an onsite, unit train capable rail facility) and the Union Pacific Class I rail network (via the nearby Byron, Wisconsin transload facility).