CO VID 19 Up date Gr adua l l y r ampi ng up oper at i ons i n Cana da fol l owi ng si gni fi c an t red ucti on i n act i vi t y o S u sp e n si o n o f al l d rill in g in Que b e c fro m M arch 2 4 t o A p ril 2 0 d u e t o g o v e rnm e n t o rde r t o m in im iz e n o n e ssent ia l b u si n e ss act iv it y o R e m ai n e d ac t iv e in Nun a vu t T e rr it o ry Ont ario an d Ne w B run swick b u t d rill in g o n c e rtai n p ro j e ct s w as re d u ced o r t e m p o r arily su sp e n d e d Int ernati ona l dri l l i ng ope r at i ons red uced as a res ul t of go v ernm ent res tri ctions or customer de ci si ons to red uce or de l a y cer ta i n projects P rec au ti ona ry heal th an d saf et y me asures i mpl em ente d across ope r at i ons Impl em ente d cost red ucti on me asures o R e d u ced c ap it al e xp e n d it u re s an d in v e n t o ry p u rchas e s whi le im p leme n t in g a p ro g r am t o p ro g re ssi v e ly re d u ce o v e r al l in v e n t o ry lev e ls Conti nui ng to mana ge v ari abl e cost structure an d cash to support a red uced l ev el of ope r at i ons whi l e mai nta i ni ng the fl exi bi li t y req ui red to resume normal ope r at i ons as res tri cti ons are l i fted an d customers res ume projects El i gi bl e to recei v e be nefi ts through the Cana da Eme rge ncy W age Subsi dy progr am duri ng Q4 FY2 0 2 0 an d Q1 F Y2 0 2 1 Increased fi na nci al fl exi bi li t y through amende d fi na nci ng agree me nts wi th l ende rs an d 1 7 mi l l i on of l oan s sec ured by Chi l ean subsi di ary i n M a y 2 0 2 0 O rbit Garant consi der s t he healt h sa fet y of it s personne l cust omer s suppli er s a nd the comm uniti es i n which it ope rates to b e a top pr iorit y 26 IN V E S T O R PR E S E N T A T IO N JUN E 2020