TSX: BRY

May 2013

Company

Overview

and

Q1 2013

Quarterly

Highlights

Don Caron,

Chief Executive

Officer

Jason Theiss,

Chief Financial

Officer

Drilling Fluids & Steel Pipe

Distribution & Manufacturing

TSX:BRY May 2013

A North America Leader in

TSX: BRY

May 2013

Certain statements set forth in this presentation are forward looking statements. Although Bri-Chem Corp. management believe

their expectations are based on reasonable assumptions, they give no assurance that expected results will be achieved. There

are numerous risks and uncertainties that can effect the outcome and timing of such events, including many factors beyond the

control of Bri-Chem Corp.’s management.

These factors include, but are not limited to, economic and political conditions, government regulation, commodity prices for oil

and gas, steel commodity prices, fluctuations in the level of oil and gas, the need to effectively integrate acquired businesses,

uncertainties as to Bri-Chem’s ability to implement its business strategy effectively in Canada and the United States, Bri-Chem’s

ability to attract and retain key personnel, currency fluctuations and other factors that affect demand for the Company’s product.

Should one or more of these risks or uncertainties occur, or should underlying assumptions prove incorrect, the actual results

and plans for fiscal 2013 and beyond could differ materially from those expressed in the forward looking statements. Additional

information on these and other factors and uncertainties are described under the heading “Risk Factors” in the Company’s most

recent Annual Information Form (“AIF”) and other continuous disclosure materials filed by the Company with Canadian

securities regulators, which are available to the public at www.sedar.com.

Readers are cautioned not to place undue reliance on this forward-looking information, which is given as of the date it is

expressed. The Company does not undertake to update or revise any forward-looking information, whether as a result of new

information, future events or otherwise, except as required by law.

Furthermore, certain measures we use are not recognized measures under International Financial Reporting Standards

(“IFRS”). Specific measures used are earnings before interest, taxes, depreciation, amortization and non-cash stock based

compensation (“EBITDAC”). We strongly recommend the participants review the discussion of these statements in the

“Management’s Discussion and Analysis – Non-IFRS Measures and Reconciliations” section of our 2012 Annual Report and

2013 Interim First Quarter Report.

Forward-Looking Statement

2

TSX: BRY

May 2013

1. COMPANY OVERVIEW

2. INDUSTRY SUMMARY

3. FINANCIAL REVIEW

4. GROWTH OPPORTUNITIES

Presentation Agenda

3

TSX: BRY

May 2013

Market Data

As of May 8, 2013

Exchange Toronto Stock Exchange

Shares Outstanding 17.4M/FD18.8M

Share Price $1.50

52 Week High/Low $3.59/$1.45

Market Capitalization $26.1M

Float 11.1M

Net working capital $45.1M

EBITDAC (1) $10.6M

Earnings per FD share (1) $0.24

EV/EBITDAC (1) 8.6X

P/E (1) 6.3X

Book Value per FD share (1) $2.55

(1) For the TTM March 31, 2013

Management, Directors and

Insiders 36%

Institutional 18%

Retail 45%

Shareholder Breakdown

Company Overview

4

TSX: BRY

May 2013

5

Largest Independent Drilling

Fluids Distributor in North

America

TTM sales of $117M

29 Strategic Warehouses

4 Blending & 2

Packaging Facilities

Exclusive Canadian Steel Pipe

Distributor/ Manufacturer

TTM Sales of $40M

First Thermal Pipe

Expansion API Certified

Mill in North America

Green Technology

Markets

Oil and Gas

Energy

Industrial

Our Business

Company Overview

TSX: BRY

May 2013

6

Q1 Highlights

Company Overview

(1) 2013 Q1 as compared to 2012 Q1

Acquisitions Distribution Divisions

Blending Division Steel Division

Completed General Supply Acquisition – Jan 2013

Fluids sales up in USA 176%(1)

Sales up 65%(1) Steel Manufacturing Sales up 113%(1)

Letter of Intent to acquire Cementco – April 2013

Expanded from 11 to 14 Warehouses in USA

Kemik acquisition Cementing products now distributed into USA

Manufacturing Production up 67%(1)

TSX: BRY

May 2013

7

Production Chemicals

Well maintenance Enhance production

Stimulation Chemicals

Eliminate unwanted materials Injection of fluids for fracturing process

Cementing Chemicals

Displaces the drilling fluids Cements wellbore casing

Drilling Fluids

Lubricates and cools the drill

bit.

Remove cutting debris from

the bottom of the drill hole. Controls subsurface pressure

Prevents the well from

flowing or blowing out.

Oil & Gas Fluids Process Flow

Why our products are essential

Company Overview * See Appendix for Product List

TSX: BRY

May 2013

8

How do we Distribute our Products

Canadian

Distribution

Warehouses

USA

Distribution

Warehouses

Proposed

Strategic

Warehouses

Office /

Blending &

Warehouse

Company Overview

► 29 total warehouses ► 20 third party owned and operated warehouses

minimize capital and operating costs. ► Best industry coverage.

TSX: BRY

May 2013

arket Size

•Market Estimated at $10.1B(1)

•Drilling Fluids ($3.4B)

•Stimulation & Frac Chemicals ($3.5B)

•Cementing Additives ($700M)

•Production Chemicals ($1.2B)

•Environmental (Green) Products ($1.2B)

•Estimated at $1.0B(1)

•Largest Independent Supplier of Drilling Fluids

in Canada

•Targeting Stimulation Fluids Segment

•Market Estimated at $9.1B(1)

•Grown from 0 to 14 warehouses in less than 2

years

•Positioned to become the dominate National

Independent Supplier for USA

North American Wholesale Oilfield Chemical Demand

(est. CAD$1.0B(1) / USA $9.1B, Growing to $13.6B in 2015 (2) )

Stimulation Chemicals, 35%

Drill ings Fluids, 34%

Production Chemicals, 12%

Cementing, 7%

Other Types, 12%

Our Drilling Fluids Markets

(1) Company Estimate

(2) Source: Freedonia Group – US Oilfield Chemical Demand, Industry Summary

9

Target Market Size

TSX: BRY

May 2013

10

Bri-Steel is a North

America innovator in

micro mill

manufacturing

technology and

distributor of small &

large diameter steel

pipe

Markets we serve:

•Oil and Gas

•Oil Sands

•Petro-Chemical

•Industrial

•Construction

•Pipeline

Products we distribute:

•½” – 36”

•Gas Line Pipe

•Fluid Transmission Pipe

•80% Seamless

Our Steel Pipe Markets

(1) Company Estimate

SEAMLESS PIPE $5.6B

(1)

WELDED PIPE $8B (1)

OCTG $24B (1)

SEAMLESS PIPE 700M

(1)

WELDED PIPE

$900M (1)

OCTG $3 (1)

Industry Summary

Target Market Size

Steel Distribution Sales

TSX: BRY

May 2013

Our Manufacturing

Large Diameter Seamless Pipe Production 16”– 36”

First TPE(1) Mill Operating in North America QA/CDA

Total Capital Investment $6M (70% ownership)

Production Startup September 2011

2013 Estimated Production Ramp-up(2) Q1 Actual – 3103MT Q2 – 3500MT Q3 – 3500MT Q4 – 3500MT

Q1 Sales $4.3M Q1 Adjusted Gross Margin 35.6% (3)

Target Market Energy Fluid and Gas Line Pipe

Estimated Production at Full Capacity (4) 24K – 30K MT

American Petroleum Institute Mill Certification May 2012

(1) Thermal Pipe Expansion

(2) Company Estimate running 24x4

(3) In compliance with IFRS gross margins include fixed overheads costs such as production facility lease costs, utilities and indirect labour and amortization of production equipment. Adjusted gross margins reflect the selling price less the cost of product and direct labour to manufacturer the product. (“Non IFRS Measure”)

(4) Assumes Operating 24/7 Industry Summary

11

TSX: BRY

May 2013

($ thousands) Three Months ended March 31,

2013

2012

Revenue $49,695 $52,706

Gross Margin ($) $8,684 $8,413

Gross Margin (%) 17.5% 16.0%

Adjusted EBITDAC (1) $4,390 $5,300

Adjusted EBITDAC (%) (1) 8.8% 10.1%

FD EPS (1) $0.11 $0.18

EBITDA/Share $0.25 $0.30

Financial Review

Q1 Performance

12

(1) The decrease in net earnings and Adjusted EBITDAC for the period is mainly due to

two significant non-cash related items

• $513,775 Foreign exchange

• $242,126 Stock-based compensation

• $755,901.

Excluding these items Adjusted EDITDAC and adjusted FD EPS were $4,903M and $0.13

TSX: BRY

May 2013

Q1 Sales

8%

9%

59%

9%

15%

Steel Dist

Steel Manuf

CDN Fluids

Blending/Packaging

US Fluids

13%

4%

72%

5% 6%

Steel Dist

Steel Manuf

CDN Fluids

Blending/Packaging

US Fluids

Q1 2013 Consolidated

Revenue $49.7M Q1 2012 Consolidated

Revenue $52.7M

Financial Overview

13

TSX: BRY

May 2013

Q1 Gross Margins

15

-

1,000

2,000

3,000

4,000

5,000

6,000

7,000

8,000

9,000

10,000

2009 2010 2011 2012 2013

Steel Mfg $- $- $- $624 $1,543

Steel Dist 2,319 1,086 901 1,118 1,194

Blending/Packaging 634 449 615 563 852

Fluids Dist USA - - - 692 1,790

Fluids Dist CA 1,864 4,694 6,159 6,158 4,464

$ T

ho

usa

nd

s

15.2% 16.4%

15.4%

15.4%

15.3%

23.0%

23.3%

12.3%

15.1%

22.9%

10.0%

35.6% (2) 30.7% (2)

(1) Divisional Gross Margin based on percentage of divisional revenue

(2) Adjusted Gross Margins for Manufacturing (Non IFRS Measure)

19.6%

21.4%

22.0%

19.5%

20.1%

16.4%

14

Financial Review

TSX: BRY

May 2013

Balance Sheet

As of March 31, 2013

Available Credit ($80M ABL) $14.8M

Inventory $71.6M

Total Assets $138.8M

Net working capital $45.1M

Long-term Debt $10.1M

Shareholders Equity $53.4M

Inventory Turnover 2.3x

Return on Assets 27%

Capital Expenditures (Annual) $3.4M

Free Cash Flow (Q1) $3.3M

Financial Review

15

TSX: BRY

May 2013

Five

Successful

Acquisitions

•Profitable

•Experienced Management

•Complementary Fit

•Opportunity for New Growth

•Geographic Expansion

16

Acquisitions

Current

Focus

•Cementing Chemicals

•Texas Based Drilling Fluids

•Stimulation Chemicals

•Small Diameter Steel Manufacturing

(Expansion Project)

•Production Chemicals

2007 2008 2010 Expansion

Project

2011 2012 2013

Cementco (1) Letter of Intent

(1) On April 30, 2013 BRY announced LOI to acquire Cementco Growth Opportunities

TSX: BRY

May 2013

17

Drilling

Fluids

Division

USA Drilling Fluids Market

Segment - $3.4B

Further Acquisitions

Establish Texas Warehouse Locations

Bulk Rail Blending & Packaging

Canada - Expand

Chemical Blending

Capacity - $350M

Production

Stimulation

Cementing

Steel

Pipe

Division

Ramping up Production of

Manufacturing Facility

Add 3rd Shift

Additional Testing Equipment

Explore additional Micro

Mill opportunities

Houston Based 2nd Large Diameter Mill

New Small Diameter Mill

Our Strategy

Growth Opportunities

TSX: BRY

May 2013

Well Positioned

Strong Core

Business

Platform

Profitable

North

American

Leader

Experienced

CDA & USA

Management

Massive USA

Expansion

Opportunity

18

Growth Opportunities

Strong Fundamentals

North American Industry Leader

Strong Working Capital Position

No Funding Requirements for Internal Growth

Significant Organic Growth in: • USA Fluids Division • Steel Pipe Manufacturing Division • Blending & Packaging Division

Market and Revenue growth from Recent Acquisitions: • Kemik • General Supply • Cementco (Proposed closing late Q2)

Trading at 0.6x Book Value

All Divisions Generating Positive EBITDAC • $10.6M TTM EBITDAC

TSX: BRY

May 2013

19

BRI-CHEM CORP. Don Caron Jason Theiss

Chief Executive Officer Chief Financial Officer

2125 64 Avenue 2125 64 Avenue

Edmonton, Alberta Edmonton, Alberta

T6P 1Z4 T6P 1Z4

Email: dcaron@brichem.com Email: jtheiss@brichem.com

Ph: 780.420.6885 Ph: 780.577.0595

Contacts

Appendix

TSX: BRY

May 2013

20

Don Caron Chief Executive

Officer & Director

Director of Edmonton based Private Equity Firm.

Founder of International Technologies Inc. which merged to create CCS Income Trust. (1992)

Founder of CFE Industries Inc. which merged to create Commercial Solutions Inc. (2002)

Founder of mBase Inc. which merged to create Bri-Chem Corp. (2007)

Albert Sharp Director

Former Chief Executive Officer of Altus Geomatics, partnership residing under Altus Group Income Fund. (TSX: AIF.UN)

Retired Trustee of Altus Group Income Fund.

Member of The Canadian Institute of Geomatics; The International Right of Way Association; and, The Alberta

Association of Surface Land Agents.

Eric Sauze Director & Chair

of Audit Committee

Former Chief Operating Officer and Chief Financial Officer of Commercial Solutions Inc. (TSX:CSA)

Chartered Accountant and Chartered Financial Analyst.

Chief Financial Officer of Western Canadian based oil and gas valve company.

Brian Campbell

Director

Over 25 Years of field and management experience in the drilling fluids industry.

Founded Bri-Chem in 1985.

Former President of Bri-Chem Fluids division.

Trent Abraham President of Fluids

Division

Over 20 years experience in the drilling fluids industry, oversees the day to day operations

Former owner of Millennium Technologies which was purchased by Bri-Chem (2007).

Jason Theiss Chief Financial

Officer

Neil Rasmussen President of Steel Division

Chartered Accountant.

Prior, controller of private income trust, and senior auditor with public accounting firm.

Joined Bri-Chem in 2007.

President of Bri-Steel Corporation and Bri-Steel Manufacturing with over 15 years of steel industry experience

Founded Bri-Steel Corporation.

Bios

Appendix

TSX: BRY

May 2013

21

Fluid Products

Stimulation &

Fracturing

Sodium Chloride

Silica Fume

Processed Lime

Hydrated Lime

Copper Chloride

Gilsonite

Kelzan

Barite

Bentonite

Oil Based Muds

Emulsifiers

Defoaming Agents

Calcium Nitrate

Soda Ash

Polymers

Surfactants

Acids

Guar Gums

Petro Distillate

Borate Salts

Citric Acid

Corrosion Inhibitors

Scale Inhibitors

Methanol

Sand Dispersants

Foaming Agents

De-waxing

Solvents

Hydrogen Sulfide

Appendix

Cementing &

Other

Production

Chemicals

Drilling

Fluids