Civeo Awarded Four-Year Integrated Services Contract with Ontario’s Ministry of the Solicitor General

Press Release

OTTAWA, Ontario—-Feb. 4, 2026– Civeo Corporation (NYSE: CVEO) today announced that it was awarded a four-year contract with Ontario’s Ministry of the Solicitor General, under which it anticipates producing and transporting approximately 20,000 meals per day to ten provincial correctional facilities across Ontario. While the contract is expected to commence in April 2026, transition activities will start in advance of April 2026. The contract includes an option to extend the term by two years.

The new contract incorporates cook-chill food production and transportation of the prepared meals. Meals will be produced at a centralized facility and transported to ten provincial correctional facilities throughout Ontario. The contract is expected to generate approximately C$24 million in revenues in the first year of the contract period.

“We are keen to develop our relationship with the Ontario government. We appreciate the Ontario Ministry of the Solicitor General for entrusting us with this contract award and we look forward to capitalizing on further growth opportunities in Canada and across North America,” said Andy S. Fraser, President, Civeo Canada.

About Civeo

Civeo Corporation is a leading provider of hospitality services with prominent market positions in the Australian natural resource regions and the Canadian oil sands. Civeo offers comprehensive solutions for lodging hundreds or thousands of workers with its long-term and temporary accommodations and provides food services, housekeeping, facility management, laundry, water and wastewater treatment, power generation, communications systems, security and logistics services. Civeo currently owns and operates a total of 28 lodges and villages in Australia and North America with an aggregate of approximately 27,500 rooms. In addition, Civeo operates and provides hospitality services at 24 customer-owned locations with more than 19,000 rooms. Civeo is publicly traded under the symbol CVEO on the New York Stock Exchange. For more information, please visit Civeo’s website at www.civeo.com

Regan Nielsen
Civeo Corporation
Vice President, Corporate Development & Investor Relations
713-510-2400

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