Enerflex Ltd.

For the period ended Dec 31, 2024. Filed Feb 27, 2025.

About this filing

The yearly report of certain Canadian companies, filed under a joint US and Canadian system. It is the main yearly account these companies give US investors, largely as filed in Canada.

FY2024 · Filed Feb 27, 2025

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EFXT$19.40+2.8%Stored close · as of Nov 6, 2026

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Contents

EX-99.2 · Share-Based Compensation

Share-Based Compensation

The Company employs the fair value method of accounting for its share-based compensation. The determination of the share-based compensation expense requires the use of estimates and assumptions based on exercise prices, market conditions, vesting criteria, length of employment, and past experiences of the Company. Changes in these estimates and future events could alter the determination of the provision for such compensation. Details concerning the assumptions used are described in Note 23“Share-Based Compensation”.

Note 6. Accounts Receivable and Unbilled Revenue

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