On November 16, 2021, John Yearwood, Maria Jelescu Dreyfus, Colleen Calhoun and Jennifer Gill Roberts were appointed as members of the Board of Directors of Nabors Energy Transition Corp. The Board has determined that Mses. Dreyfus, Calhoun and Roberts are “independent directors” as defined in the New York Stock Exchange listing standards and applicable U.S. Securities and Exchange Commission (the “Commission”) rules and will serve on the audit, compensation and nominating and corporate governance committees with Ms. Dreyfus serving as chair of the audit committee, Ms. Roberts serving as chair of the compensation committee and Ms. Calhoun serving as chair of the nominating and corporate governance committee.