Second Quarter 2026 SummaryRevenue of $2,941 for Q2 2026 increased by $550 or 23% compared to Q2 2025. High Arctic generated oilfield services operating margin of $1,302 for Q2 2026 with a corresponding operating margin percentage of 46.2% compared to $1,126 and 49.1% for the prior year comparative quarter. Adjusted EBITDA was primarily impacted by the same factors impacting oilfield services operating margin as noted above. Net income was $3 in Q2 2026 compared to a net loss of $295 in Q2 2025. (2) Readers are cautioned that oilfield services operating margin, oilfield services operating margin as percentage of revenue, EBITDA (earnings before interest, tax, depreciation, and amortization), adjusted EBITDA, operating income (loss), funds flow from operating activities and working capital do not have standardized meanings prescribed by IFRS.