Annexes

Statement of use — SEDCO Holding has reported in accordance with the GRI Standards for the period 1 January 2025 to
31 December 2025.

GRI 1 used — GRI 1: Foundation 2021

For the Content Index – Essentials Service, GRI Services reviewed that the GRI content index has been presented in a way consistent with the requirements for reporting in accordance with the GRI Standards, and that the information in the index is clearly presented and accessible to the stakeholders.

GRI STANDARD/OTHER SOURCE	DISCLOSURE	LOCATION	OMISSION			GRI SECTOR STANDARD REF. NO.
			REQUIREMENT(S) OMITTED	REASON	EXPLANATION
General disclosures
GRI 2: General disclosures 2021	2-1 Organizational details	Our Legacy of 50 Years
	2-2 Entities included in the organization’s sustainability reporting	About the Report
	2-3 Reporting period, frequency and contact point	About the Report
	2-4 Restatements of information	About the Report
	2-5 External assurance	About the Report
	2-6 Activities, value chain and other business relationships	Our Investment Ecosystem	n/a
	2-7 Employees	Strategic Direction: Our Team
	2-8 Workers who are not employees		Omitted	Not applicable	All employees are classified as FTE.
	2-9 Governance structure and composition	Corporate Governance: Governance Framework	n/a
	2-10 Nomination and selection of the highest governance body		Omitted	Confidentiality constraints	Nomination of the Board is conducted according to the Company’s CG Manual. However, as a family-owned organization, the manual is not made public.
	2-11 Chair of the highest governance body	Corporate Governance: Board of Directors Corporate Governance: Governance Framework	n/a
	2-12 Role of the highest governance body in overseeing the management of impacts	Corporate Governance: Governance Framework Corporate Governance: ESG Governance
	2-13 Delegation of responsibility for managing impacts	Corporate Governance: Governance Framework Corporate Governance: ESG Governance
	2-14 Role of the highest governance body in sustainability reporting	Executive Chairman's message Corporate Governance: Governance Framework Corporate Governance: ESG Governance
	2-15 Conflicts of interest	Corporate Governance: Governance Framework
	2-16 Communication of critical concerns		Omitted	Information unavailable/incomplete	Communication of critical concerns occurs on a case-by-case basis. Systems dictated by the CG Manual are under development for disclosure.
	2-17 Collective knowledge of the highest governance body	Corporate Governance: Governance Framework Corporate Governance: Functioning of the Board	n/a
	2-18 Evaluation of the performance of the highest governance body	Corporate Governance: Functioning of the Board
	2-19 Remuneration policies		Omitted	Confidentiality constraints	While dictated by a comprehensive HR policy, this information is bound by confidentiality.
	2-20 Process to determine remuneration		Omitted	Confidentiality constraints	While dictated by a comprehensive HR policy, this information is bound by confidentiality.
	2-21 Annual total compensation ratio		Omitted	Confidentiality constraints	While comprehensive HR policies are in place to define and dictate remuneration, analysis and disclosure of this information is still under review.
	2-22 Statement on sustainable development strategy	Executive Chairman's message Social and Environmental Impact	n/a
	2-23 Policy commitments	Corporate Governance: Ethics and Compliance Corporate Governance: ESG Governance Social and Environmental Impact
	2-24 Embedding policy commitments	Corporate Governance: Governance Framework Corporate Governance: ESG Governance Corporate Governance: Ethics and Compliance Social and Environmental Impact
	2-25 Processes to remediate negative impacts		Omitted	Information unavailable/incomplete	While guided by long-standing values and a code of conduct; considering the Company's small footprint across the value-chain and level of ESG maturity, these systems and processes are still being developed.
	2-26 Mechanisms for seeking advice and raising concerns	Corporate Governance: Ethics and Compliance	n/a
	2-27 Compliance with laws and regulations	Corporate Governance: Ethics and Compliance
	2-28 Membership associations		Omitted	Not applicable	Not applicable to line of business
	2-29 Approach to stakeholder engagement	Social and Environmental Impact : Sustainability Governance
	2-30 Collective bargaining agreements		Omitted	Not applicable	All employment contracts abide by the Labour Law applicable to the Kingdom of Saudi Arabia and implementing regulations issued by the Ministry of Human Resources and Social Development; which do not provide for collective agreements. Working conditions and terms of employment of employees are not influenced or determined based on other collective bargaining agreements.
Material topics
GRI 3: Material topics 2021	3-1 Process to determine material topics	Social and Environmental Impact : Sustainability Governance
	3-2 List of material topics	Annexures: Material Topics
Economic performance
GRI 3: Material Topics 2021	3-3 Management of material topics	Strategic direction
GRI 201: Economic Performance 2016	201-1 Direct economic value generated and distributed		Omitted	Confidentiality constraints	As a family-owned organization, financial information related to EVG&D is not disclosed publicly.
	201-2 Financial implications and other risks and opportunities due to climate change		Omitted	Information unavailable/ incomplete	As part of transition to a financial investor, the Company is re-assessing implications of risks and opportunities, and involvement/engagement with the investment portfolio.
	201-3 Defined benefit plan obligations and other retirement plans		Omitted	Confidentiality constraints	As a family-owned organization, financial information is not disclosed publicly.
	201-4 Financial assistance received from government		Omitted	Confidentiality constraints	As a family-owned organization, financial information is not disclosed publicly.
Indirect economic impacts
GRI 3: Material Topics 2021	3-3 Management of material topics	Our Investment Ecosystem Investment Impact
GRI 203: Indirect Economic Impacts 2016	203-1 Infrastructure investments and services supported	Investment Impact
	203-2 Significant indirect economic impacts	Investment Impact
Procurement practices
GRI 3: Material Topics 2021	3-3 Management of material topics		Omitted	Information unavailable/incomplete	Considering the Company's minimal engagement with the supply-chain and level of ESG maturity, procurement processes are being developed in line with the Company's sustainable sourcing intentions, and disclosure metrics are being improved.
GRI 204: Procurement Practices 2016	204-1 Proportion of spending on local suppliers		Omitted	Information unavailable/incomplete
Energy
GRI 3: Material Topics 2021	3-3 Management of material topics	Social and Environmental Impact : Energy and Emissions
GRI 302: Energy 2016	302-1 Energy consumption within the organization	Social and Environmental Impact : Energy and Emissions
Water and effluents
GRI 3: Material Topics 2021	3-3 Management of material topics	Social and Environmental Impact : Water Conservation
GRI 303: Water and Effluents 2018	303-3 Water withdrawal	Social and Environmental Impact : Water Conservation
Emissions
GRI 3: Material Topics 2021	3-3 Management of material topics	Social and Environmental Impact : Energy and Emissions
GRI 305: Emissions 2016	305-1 Direct (Scope 1) GHG emissions		Omitted	Information unavailable/incomplete	Considering the Company's minimal environmental footprint, and ESG maturity at a nascent stage, measurement and reporting on emissions is still under development.
Waste
GRI 3: Material Topics 2021	3-3 Management of material topics	Social and Environmental Impact : Circularity and Waste Management
GRI 306: Waste 2020	306-1 Waste generation and significant waste-related impacts		Omitted	Not applicable	Considering the Company's minimal waste footprint, waste-generation and waste-related impacts are considered negligible/non-significant.
	306-2 Management of significant waste-related impacts		Omitted	Not applicable	Considering the Company's minimal waste footprint, waste-generation and waste-related impacts are considered negligible/non-significant.
	306-4 Waste diverted from disposal	Social and Environmental Impact : Circularity and Waste Management
Employment
GRI 3: Material Topics 2021	3-3 Management of material topics	Strategic Direction: Our Team
GRI 401: Employment 2016	401-1 New employee hires and employee turnover	Strategic Direction: Our Team
	401-3 Parental leave		Omitted	Information unavailable/incomplete	While organizational policies provide for parental leave, recording and disclosure of these metrics is under development.
Occupational health and safety
GRI 3: Material Topics 2021	3-3 Management of material topics	Strategic Direction: Our Team
GRI 403: Occupational Health and Safety 2018	403-1 Occupational health and safety management system		Omitted	Information unavailable/incomplete	While in compliance with labour laws and directives, the Company comes under the category of 'lowest-risk environment' since it is a commercial employer. As such, these systems, monitoring, and disclosures are under development, albeit at a lower priority.
	403-6 Promotion of worker health	Strategic Direction: Our Team Social and Environmental Impact : Social Review
Training and education
GRI 3: Material Topics 2021	3-3 Management of material topics	Strategic Direction: Our Team
GRI 404: Training and Education 2016	404-1 Average hours of training per year per employee	Strategic Direction: Our Team
	404-2 Programs for upgrading employee skills and transition assistance programs	Strategic Direction: Our Team
	404-3 Percentage of employees receiving regular performance and career development reviews	Strategic Direction: Our Team
Diversity and equal opportunity
GRI 3: Material Topics 2021	3-3 Management of material topics	Strategic Direction: Our Team Corporate Governance: Ethics and Compliance
GRI 405: Diversity and Equal Opportunity 2016	405-1 Diversity of governance bodies and employees	Strategic Direction: Our Team
	405-2 Ratio of basic salary and remuneration of women to men		Omitted	Confidentiality constraints	As a family-owned organization, financial information pertaining to remuneration is not disclosed publicly.
Non-discrimination
GRI 3: Material Topics 2021	3-3 Management of material topics	Strategic Direction: Our Team Corporate Governance: Ethics and Compliance
GRI 406: Non-discrimination 2016	406-1 Incidents of discrimination and corrective actions taken	Strategic Direction: Our Team
Local communities
GRI 3: Material Topics 2021	3-3 Management of material topics	Social and Environmental Impact : Social Review
GRI 413: Local Communities 2016	413-1 Operations with local community engagement, impact assessments, and development programs	Social and Environmental Impact : Social Review