Valaris Market Overview and Strategic Positioning slide image

Valaris Market Overview and Strategic Positioning

Operational Excellence Consistent Operational Results Industry-Leading Customer Satisfaction Fleet-Wide Operational Effectiveness 99% 99% 99% 99% 98% 98% 2016 Ensco 2017 ■Rowan 2018 Achieved nearly 100% operational effectiveness for the past three years • Focus on optimizing customers' well delivery through well planning, drilling performance and performance contracts Rated 1st in ENERGYPOINT SEARCH INC Total Satisfaction OFFSHORE DRILLERS Customer Satisfaction 2018-19 Won 10 of 17 categories in latest survey2 - Total Satisfaction Health, Safety & Environment Performance & Reliability Middle East - Job Quality - HPHT Wells - Ultra-Deepwater Wells Deepwater Wells Shelf Wells VALARIS North Sea 1 Average of legacy Ensco "Operational Utilization" and legacy Rowan "Billed Uptime" for 2016, 2017 and 2018 2 2018 Oilfield Products & Services Customer Satisfaction Survey conducted by EnergyPoint Research 24 24
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