Smart Sand, Inc (“Smart Sand”)

Smart Sand is a fully integrated sand supply and services company, offering complete sand, logistics, storage and management solutions to its customers with in-basin transloading terminals and its SmartSystem™ sand storage and loading capabilities. Smart Sand owns and operates premium sand mines and related processing facilities in Wisconsin and Illinois. Combining state-of-the-art mining, logistics, scientific and IT technologies with a commitment to sustainability, Smart Sand is an industry-leading producer of premium monocrystalline sand.

First-Citizens Bank & Trust Company (“First Citizens Bank”)

First Citizens Bank is a top 20 U.S. financial institution with more than $200 billion in assets and a member of the Fortune 500TM. First Citizens Bank offers an array of general banking services including a network of more than 500 branches and offices in 30 states; commercial banking expertise delivering best-in-class lending, leasing and other financial services coast to coast; innovation banking serving businesses at every stage; personalized service and resources to help grow and manage wealth; and a nationwide direct bank.

VFI Corporate Finance (“VFI”)

VFI is an investment-grade rated direct lender in leasing and commercial financing. VFI has a long history of providing corporate financing options for large and mid-size companies for projects throughout North America. VFI can finance 100% of project costs for a wide variety of equipment acquisitions and capital projects, offering aggressive rates and flexible terms on transactions.

PPHB, LP (“PPHB”)

PPHB is an independent investment banking firm providing financial advisory services to middle market companies that offer products and services to the following end markets: