Civeo Corp
For the period ended May 27, 2026. Filed Apr 13, 2026.
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May 27, 2026 · Filed Apr 13, 2026
Contents
2026 Proxy Statement37
| 2026 Proxy Statement | 37 |
TRIR safety performance achievement resulting in a 200% payout for the Consolidated Company; 194% payout for Canada and 200% payout for Australia.
Based on these results, the following AICP payouts were approved by the Compensation Committee. These payouts are stated in U.S. dollars. Mr. McCann’s bonus, which is paid out in Australian dollars, has been converted to U.S. dollars below at an exchange rate of $0.6448 U.S. dollar per Australian dollar, the average exchange rate for 2025. Mr. Fraser's bonus, which is paid out in Canadian dollars, has been converted to U.S. dollars below at an exchange rate of $0.7156 U.S. dollar per Canadian dollar, the average exchange rate for 2025.
| Business Performance · Total AICP Payout | |||||
|---|---|---|---|---|---|
| Name | Position | Financial | Safety | $ | % of Target |
| Bradley J. Dodson | President and Chief Executive Officer | $210,375 | $225,000 | $435,375 | 58% |
| E. Collin Gerry | Senior Vice President, Chief Financial Officer and Treasurer | $69,283 | $74,100 | $143,383 | 58% |
| Andrew S. Fraser | Senior Vice President, Canada | $33,061 | $72,884 | $105,945 | 42% |
| Peter L. McCann | Senior Vice President, Australia | $128,287 | $67,704 | $195,991 | 87% |
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