At Valaris, we are proud to provide responsible solutions that deliver energy to the world. We continue to develop our sustainability program, including this year setting goals that drive meaningful advancements toward building a more resilient and sustainable company. We look forward to promoting sustainable business practices alongside our stakeholders. As part of its commitment to sustainability, Valaris has set a target to reduce Scope 1 emissions intensity per active day by 10% to 20% by 2030 compared to a 2019 baseline. Energy Efficient Practices: Optimizing the efficiency of power generation on drilling units, including implementing a fleet-wide digitalization of diesel engine monitoring and developing Power Management Plans to optimize diesel engine fuel consumption Energy-Saving Upgrades and Procedures: Rolling-out energy efficient technologies, such as the ABS enhanced electrical system notation, EHS-E, installed on one of its drillships with an additional drillship currently being upgraded Biofuel Blends: Using biofuel blends, where made available by customers Jackup Rig Electrification: Electrifying jackup drilling units using a local electric grid or from other sources, where made available by customers.