Supporting Communities through the Power of e

The support we provide to the local communities where we operate directly reflects our company values. Despite the challenges that we faced due to the COVID-19 global pandemic, our employees’ passion for helping those in need remains steadfast. They are always quick to adopt new and innovative measures to continue to be safely engaged in their communities.

We are proud of the people of Dril-Quip who are making a positive impact not just on the job but in the communities in which they work and live. They are a testament to the ‘power of everyone,' inherent in our enabling, empowering culture . . . Dril-Quip’s Power of e.

Serving Our Local Communities

In 2021, employees helped build safe and affordable homes for struggling families in our local Houston communities with Habitat for Humanity. We will continue our work with Habitat for Humanity in 2022 and anticipate an increase in participation due to the growing interest expressed by employees.

The Dril-Quip Activities Committee coordinated our participation in the 2021 toy drive, Operation Stocking Stuffer, benefitting underprivileged children in the Houston Area. Our employees filled several boxes of toy donations and delivered them to the Houston Fire Department. Thanks to our employees and other contributors in the Houston area, the 2021 toy drive served more than 6,500 families.

In Aberdeen, our employees sponsored a Christmas Charity Raffle. Dril-Quip matched employee donations, and the money raised was donated to CFINE, a local charity whose key focus is on improving health and wellbeing, tackling poverty, and building resilience through various ranges of support and services.

Following natural disaster Harvey, the Employee Assistance Fund (EAF) was established in 2020 to provide financial assistance to employees through grants from employee and company contributions.

In 2021, Dril-Quip’s EAF provided grants to employees impacted by natural disasters such as Hurricane Nicholas and the Texas Freeze.

In Q3 2021, many Houston-based employees generously made one-time and recurring charitable donations to our EAF during a fun-filled, outdoor Chili Cookoff. (Special measures were in place with respect to COVID-19 protocols). Employees contributed to the fund through an entertaining ‘Executive Dunk Tank’ where employees donated money to throw balls at a target to dunk volunteers from our top leadership.

8%

of employees received financial support through EAF in 2021

At Dril-Quip, we realize that investing in our community’s education is critical in developing tomorrow’s talent.

Commitment to Quality Education

One of the best ways to encourage our world’s future workforce is to ensure that students and teachers have the resources they need. Not only has Dril-Quip partnered and sponsored education programs, but we have also donated to classrooms. In 2021, Dril-Quip donated Chromebook laptops to Truitt Middle School.

Dril-Quip believes that all children should have access to STEM education. Through our commitment to quality education and increasing the diversity, equity, and inclusion in STEM education within our local communities, Dril-Quip is investing in STEM programs in communities across the globe.

Dril-Quip entered into a collaboration agreement with the ASME Foundation as a sponsor of their INSPIRE STEM Readiness Program. INSPIRE gives kindergarten through 12th-grade students immersive, hands-on educational experiences in science, technology, engineering, and mathematics by utilizing interactive online and in-class content. Students build knowledge of engineering concepts and are introduced to various STEM career paths, including those in the energy sector.

A core priority of the INSPIRE program is to increase diversity, equity, and inclusion across the engineering profession by inspiring more girls, women, and students of color to pursue STEM-related education and careers. More than half of the nearly 400,000 students who have participated in the program attend schools classified as Title I, and 54 percent of INSPIRE participants identify as underserved minorities. (Title I schools are institutions in the U.S. that receive federal financial assistance due to large populations of students from low-income families.)

It made me more excited than ever to learn about engineering because I was planning to be an engineer when I grow up.

—6th-grade student, Pasadena ISD/Houston

10%

of the Houston Engineering Department Volunteered

The support from our Dril-Quip engineers was overwhelming. The initiative was at full capacity. ASME continues to work with us in coordinating our 2022 engagement with local schools, assisting with one-on-one coaching with volunteers and meal preparations. The virtual class engagement has received tremendous positive feedback from the schools and our engineers.

Dril-Quip employees continue to advocate for health and hope in local communities across the globe.

Commitment to Community Health

In support of Breast Cancer Awareness month, employees demonstrated their support by wearing pink in our Mexico, Ecuador, and U.S. locations. In Aberdeen, we raised funds for the Macmillan Cancer Support Center through the Macmillan Coffee Morning event. Funds raised helped Macmillan to continue to offer physical, emotional, and financial support to families in their fight against cancer.

In November 2021, employees participated in the Houston Heart Walk to support the American Heart Association. Dril-Quip had seven teams and was recognized as one of the top corporate contributors, a direct result of the fundraising and engagement from our employee volunteers.

As part of Dril-Quip’s corporate social responsibility commitment, we actively support local communities across our international operations. We are working closely with Ghana’s Tikobo Township community residents to convert a home into a fully functioning medical clinic. The Episcopal Clinic will provide improved access to healthcare for 500 residents and create 10 jobs. The clinic will also provide education on personal hygiene and HIV and AIDS prevention. The Episcopal Clinic was officially commissioned in April 2022.