SECURE

We released our 2024 Q4 and year-end results. Here are the highlights: ? ? Achieved Adjusted EBITDA of $117 million ($0.50/basic share) in the fourth quarter and $490 million Adjusted EBITDA in 2024 ($1.92/basic share), the top end of the guidance provided. ? Repurchased $657 million common shares at an average price of $11.47 in 2024, reducing shares outstanding by 19%. ? Reiterating 2025 Adjusted EBITDA guidance of $510 - $540 million, with the mid-point reflecting a 10% increase over 2024 pro forma.

What’s better than a job well done? A job well done safely. Last year, our drilling technologies and surface rentals teams put in over 335,000 hours in some of the toughest, high-risk environments out there - and they did it with zero recordable incidents. Safety isn’t just a checkbox... it’s how we roll.

High-stakes turnarounds demand a high-performance waste partner - that’s where SECURE comes in. When every minute counts, we make sure waste never stands in your way.?Visit SECURE.CA/turnarounds or email [email protected] to learn more.

Since 2022, EXTENDRILL? has been used on over 390 wells drilled in Canada... and for good reason. Its unmatched ability to reduce frictional forces results in increased rates of penetration (ROP) and reduced wear and tear on equipment, allowing operators to drill faster in the Deep Basin. EXTENDRILL? is a proprietary drilling lubricant designed for brine drilling, enabling our customers to save an average of two days in rig time at incredibly low dosing rates compared to traditional lubricants. For more information on EXTENDRILL? and SECURE’s drilling solutions, please contact [email protected].

We love to tackle the tough stuff alongside our customers. Our in-house chemistries were leveraged to develop a novel emulsion breaker to meet the unique challenges of Clearwater producer, Baytex Energy's facility. “Implementing SECURE’s Emulsion Breaker EB 2003 provided us with a solution that not only allowed us to meet pipeline specifications efficiently but also brought significant savings. Reducing our trucking costs and achieving chemical savings underscores the effectiveness of this innovative approach,” says John Hickley, Area Superintendent of Calgary-based, Baytex Energy. With significant dollars saved annually, improved efficiency and enhanced sustainability, SECURE’s EB 2003 sets a new benchmark for custom chemical solutions. Learn more at [email protected] or https://lnkd.in/d6aYs8Um.

SECURE rocked Movember's Oil Rig Rumble, pushing our total raised for the cause to more than $1M since 2020. From mental wellbeing to preventing men's cancers, Movember is doing incredibly important work in the community. This three-peat is a huge accomplishment for our team who proudly rallies for men's health every year.

We've shared our 2025 guidance and business update. Here are the highlights: ?? 2025 Adjusted EBITDA of $510 - $540 million. ?? 2025 organic growth capital of approximately $75 million related to high-value waste and energy infrastructure projects. ?? Maximized allowable repurchases under the NCIB that commenced in December 2023. ?? Renewal of the NCIB for the repurchase of up to approximately 19 million common shares, representing approximately 8% of common shares outstanding.

We are proud to be recognized as a Silver partner through CN's EcoConnexions Partnership Program. The program highlights companies who are committed to building a sustainable future, with 73 companies being recognized in 2024. ? Our metals recycling division is proud to work alongside CN to reduce environmental impact. With our modern fleet of mobile equipment and 24-hour derailment response, we've helped our customers transform waste into value by keeping hundreds of thousands of tonnes of metal out of landfills. Read more here: https://bit.ly/49DrLHh

At SECURE, we’re committed to making a difference in the communities where we live and work. Through volunteering and donations, Team SECURE is #GivingBack next week during our annual Week of Giving in support of the United Way. We’re proud to help create hope and drive positive change. ? #SECURE #UnitedWay #GiveBack

Team SECURE is reflecting on this past year’s successes, challenges and unwavering commitment to safety at our Town Hall. We talked about opportunities for growth in the upcoming year and also thanked everyone for their outstanding efforts during Movember. We can’t wait to gather again in 2025!