Civeo : 2020 Corporate Responsibility

2020 CORPORATE RESPONSIBILITY REPORT

Contents

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Letter from our CEO

About Civeo

Sustainability at Civeo

Environmental Stewardship

Social Responsibility

Corporate Governance

Forward-looking Statements

1 // 2020 Corporate Responsibility Report

Dear Stakeholders,

We are once again honored by the trust you have placed in our company to provide an unmatched level of hospitality service to our customers and guests, while maintaining our commitment to creating long-term value for our shareholders, practicing good corporate governance, creating a safe and healthy work environment, advancing responsible environmental stewardship and being

a compassionate and ethical community neighbor.

While the events of 2020 tested and tried the world's resolve, they also highlighted the abilities of individuals and organizations to solve and overcome challenges. Like others, the challenges we faced were complex and ever-changing. However, our team of dedicated, passionate employees met those challenges with resilience and compassion. Our historic focus on innovation and safety positioned us well

to deal with COVID-19 and the related issues, while also allowing us to continue to generate free cash flow, reduce our leverage and progress our operational, strategic and financial priorities. I would like to thank our global team for their tireless efforts. Your diligence, pride and focus on safety has allowed us to keep our locations open and our guests comfortable and safe throughout the pandemic.

In 2020 and in 2021, we have elevated the visibility and focus of our environmental, social and governance (ESG) efforts companywide and are currently developing initiatives to continue to improve transparency and performance. We maintained

a strong focus on safety in 2020 and achieved a 20 percent decrease in our Total Recordable Incident Rate (TRIR) compared to 2019, exceeding our performance goal. We have also continued our focus on environmental protection and conservation and maintained our efforts to advance various diversity and inclusion initiatives across the business, including relationships with our Indigenous partners. Also

in 2020, as in previous years, our team sustained our steadfast commitment to helping our neighbors when they needed us most. In addition to providing COVID-19-related support, we supported relief efforts following flooding, hurricanes and bushfires in the areas where we operate. We have also progressed our corporate governance efforts with the recent adoption of a formal human rights policy and increased diversity on our Board of Directors.

We will continue to push forward on our ESG efforts as we work to stimulate economic growth in our communities, provide value for our shareholders and create welcoming places to live and work for our guests. As the world determines progressively more effective ways to deal with COVID-19, we understand that many unprecedented challenges remain, of which there are no easy answers. At Civeo, we embrace these challenges and look forward to developing innovative solutions to help build a stronger, fairer and more prosperous future for all.

Bradley J. Dodson

President and Chief Executive Officer

"In 2020 and in 2021, we have elevated the visibility and focus of our environmental, social and governance (ESG) efforts companywide and

are currently developing initiatives to continue improving transparency and performance."

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About Civeo

Who We Are	What We Do
Civeo is a global workforce accommodation	Our business is hospitality. As one of the
specialist dedicated to helping people maintain	world's largest integrated providers of workforce
healthy, productive and connected lives while	accommodations, we own and/or operate
working and living away from home.	approximately 29,000 rooms across 28 properties
Civeo is on the New York Stock Exchange	throughout Canada, Australia and the U.S. We
provide food services, housekeeping, facility
listed as CVEO.
management, laundry, water and wastewater
	treatment, power generation, communications
	systems, security and logistics.

As of December 31, 2020
Canada	Australia	U.S.
16 lodges with 19k+ rooms	9 villages with 9k+ rooms	3 lodges with 900+ rooms

Core Values

Our core values are engrained in how we do our work every day on behalf of our stakeholders.

Safety	Care	Excellence
We put the safety	We care about	We strive for excel-
of our employees	our people,	lence, delivered with
and guests above	guests, customers,	passion and pride.
all other concerns.	environment
	and communities.

Integrity	Collaboration
We act with integrity,	We collaborate
and our clients and	with each other,
communities can	our customers, our
trust us to deliver	communities and
on our promises.	our partners.

3 // 2020 Corporate Responsibility Report

ESG

Sustainability at Civeo

Civeo is committed to providing best-in-class workforce accommodations in a way that helps protect people, the environment and the communities where we operate. Our corporate responsibility activities are organized around three primary pillars - environmental stewardship, social responsibility and corporate governance.