IMDEX Limited Company Ov er view 13 17 Dec 1980 A ustr alian company Pilbar a Gold NL incorpor ated 21 July 1985 Pilbar a Gold NL changed name t o I MDEX Limited 24 Sept 1987 IMDEX Limited listed on the ASX 1988 F ormation of A ustr alian Mud Company 1997 Acquisition of Sur tr on T echnologies P ty Ltd and Ace Drilling Supplies 2001 Joint v entur e formed with I MDEX and Rashid T r ading Establishment R TE in Saudi Ar abia 1 July 2005 Sale of I MDEX Miner als 1 A ug 2005 Acquisition of African based company Samchem 1 A ug 2006 Acquisition of Swedish based REFLEX Gr oup of Companies and United Kingdom based company Char dec 1 Ma y 2007 Acquisition of Swedish based company Flexit 1 July 2007 Ace mer ged with REFLEX I MDEX fnalised the sale of its inter est in I MDEX Ar abia t o R TE 1 July 2007 Acquisition of Canadian based P olyDrill and a 75 inter est in Kazakhstan based Sua y Ener gy Ser vices 31 Oct 2007 Sale of Sur tr on T echnologies 1 No v 2007 Acquisition of Chilean based company Southernland 1 Jan 2008 Acquisition of German based company System Entwicklungs 1 July 2008 Acquisition of the r emaining 25 of Kazakhstan based Sua y Ener gy Ser vices 1 Sept 2008 Acquisition of A ustr alian based company Wildcat Chemicals A ustr alia 1 July 2010 New r egional structur e implemented and business r epor ting str eamlined int o Miner als and Oil Gas Divisions 1 Sept 2010 Acquisition of A ustr alian based companies Fluidstar and E cospin 1 Mar 2011 Acquisition of German based company MudData 1 July 2011 F ormation of DHS Ser vices joint v entur e 1 July 2011 Acquisition of A ustr alian based company A ustr alian Drilling Specialties P ty Ltd 1 A ug 2011 Acquisition of Br azilian based company System Mud Industria e Comer cioLtda 1 Jan 2012 Acquisition of V aughn Ener gy Ser vices VES b y IMDEX s DHS Ser vices joint v entur e 1 No v 2012 Acquisition of ioGlobal P ty Ltd ioAnalytics P ty Ltd and ioGlobal Solutions Inc t ogether ioGlobal 1 Dec 2012 DHS Ser vices and V aughn Ener gy Ser vices r ebr anded as VES International 1 Sept 2014 Acquisition of 2iC 30 June 2015 Div estment of Sua y Ener gy Ser vices 2016 Div estment of AMC Oil Gas Oct 2019 Sale of 30 inter est in V aughn Ener gy Ser vices VES Dec 2019 Ex er cised option t o acquir e Flexidrill Limited and Flexidrill Construction Limited t ogether Flexidrill Our Hist or y