Diversity, Inclusion and Respect

Diversity, Inclusion And Respect

At Patterson-UTI, we believe that a commitment to diversity and inclusion for all is foundational and extends beyond what is required by various federal, state and local laws. We actively foster an inclusive culture where our employees are supported, valued and respected. We are proud of our workforce, where all employees can contribute to the success of the Company, drawing upon their unique backgrounds, perspectives and life experiences.

We recognize that a diverse workforce is imperative in order to remain competitive and to meet our customers’ expectations. The blend of our employees’ different talents, cultures and skills enables us to better develop and implement cutting edge technology, utilize collaborative problem solving and foster innovation. We believe the diversity of our people makes our Company stronger and enables us to pursue even greater results for the Company and the customers for whom we work.

As part of our diversity and inclusion efforts, we recruit candidates from across different geographies, with a focus on employing local content in the communities near where we operate. We partner with state and local workforce commissions to ensure potential candidates from a variety of backgrounds and experiences are aware of open positions. We also utilize the services of a leading third-party provider of diversity recruitment to help advertise our positions to various organizations.

Please see “Talent Recruitment, Retention and Development” for additional detail regarding our recruitment initiatives. Our leaders remain focused and committed to a diverse workplace and culture of inclusion and respect, and they drive accountability for promoting and maintaining that commitment throughout our Company.

Additionally, our Vice President of Diversity & ESG partners with other Company leaders to ensure that our businesses are each doing their part to adhere to Company policies, programs and initiatives that promote our diverse workplace and our culture of inclusion and respect. For example, our Vice President of Diversity & ESG, in coordination with our Vice Presidents of Human Resources for Patterson-UTI’s respective businesses, meets with our leaders to review, discuss and monitor our actions regarding diversity and inclusion, which includes reviewing and monitoring information regarding the hiring, promotion, and retention of employees.

At the Board of Director level, as part of the director nomination process, our Nominating and Corporate Governance Committee, in evaluating a candidate for nomination to be a director, considers, among other things, diversity in professional background, experience, expertise and perspective (including age, gender and ethnicity). The composition of our Board of Directors is 37.5% female and 25% racially diverse.

Equal Employment Opportunity

Patterson-UTI’s Code of Business Conduct and Ethics and Equal Employment Opportunity and Anti-Harassment Policy prohibit discrimination or harassment of any type and afford equal employment opportunities to all employees and applicants, without regard to age, race, sex, color, religion, national origin, disability, marital status, covered veteran status, genetic information, sexual orientation, gender identity or any other characteristic protected under state, federal or local law.

Anonymous Hotline and Other Reporting Procedures

and we provide several avenues through which they can do so: a supervisor or manager, Human Resources or our anonymous hotline (referred to as the “SHARP Hotline”) by phone or web submission. Our anonymous SHARP Hotline is administered by a third party. We have structures in place to process whistleblower reports, and we take each complaint seriously, investigate it and take appropriate disciplinary action as needed.

Our Human Resources professionals receive robust investigation training, which includes education around employment laws and best practices for conducting neutral and objective investigations. Our employees are also required to provide a work environment free from any form of retaliation for those that report a workplace concern.

Diversity, Inclusion and Respectful Workplace Education & Training Programs

Each employee is expected to demonstrate a shared commitment to Patterson-UTI’s values regarding diversity and inclusion, as well as mutual respect for all co-workers, vendors, customers, third parties, and business partners.

The Company expects our employees to treat all individuals with whom they interact on behalf of the Company with common courtesy, civility and professionalism. In return, each employee should expect to be treated the same way. To that end, Patterson-UTI requires all of our employees to complete training programs on an annual basis regarding our core values, Code of Business Conduct and Ethics and our commitment to a respectful workplace for all.

Supervisors and managers are required to complete enhanced respectful workplace training to ensure that they understand our expectations for them regarding their obligations to promote a work environment where all employees feel included, valued and respected. These training programs set expectations for the behavior of our employees that go beyond what is necessary for compliance with applicable laws and policies; they are designed to share information regarding the importance of diversity, inclusion and respect, how to avoid unconscious bias, and key Company policies.