Team Inc Announces One-For-Ten Reverse Stock Split

Team Inc TISI:

• TEAM, INC. ANNOUNCES ONE-FOR-TEN REVERSE STOCK SPLIT

• TEAM INC - REVERSE STOCK SPLIT IS SCHEDULED TO TAKE EFFECT AT ABOUT 5:00 P.M. EASTERN TIME ON DECEMBER 21, 2022

• TEAM INC - SHARES ARE EXPECTED TO BEGIN TRADING ON SPLIT-ADJUSTED BASIS AT MARKET OPEN ON DECEMBER 22, 2022

• TEAM INC - TRADING IN COMMON STOCK WILL CONTINUE ON NYSE UNDER SYMBOL "TISI"