Message from Our Chief Executive Officer

In 2024, we remained focused on investing in our people and technologies to perform operations for our customers so they can safely and efficiently produce oil and gas to serve the energy needs around the world.

We are committed to minimizing our environmental impact in the locations where we operate, and we partner with our customers to properly engage with the local communities in these operational areas. We continue to make significant investments in the safety, development, and overall well-being of our employees. We foster a respectful culture where employees feel valued for their contributions. We maintain a strong focus on ethics and integrity in all our operations at every level.

We are proud of our accomplishments as an industry leader in drilling products and drilling and completions services, but we are also aware of the challenges ahead. We are committed to remaining resilient in a difficult market to continue to meet the needs of our customers, maintaining a supportive culture for our employees and being a responsible steward of capital for our shareholders.

I am proud to share our Sustainability Report with you. I extend my gratitude to all our customers, investors and business partners. Your support, feedback, and hard work drive us to do better every day.

Thank you,

Andy Hendricks

President & Chief Executive Officer