OCU Group - Annual Report 2025

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Strategic report

OCU Group | Annual report and financial statements 2025

Governance

Financial statements

Our safety mindset How we do it

Safety is not just a protocol at OCU, it is our first value and foundation for success At OCU, safety is embedded in our corporate mindset, not merely as a guideline but as the foundation on which all operations are built. It is found in every aspect of our strategic vision; our commitment is to the wellbeing of every individual associated with our work. This dedication extends from the executive level through to each team member, ensuring a joined-up and proactive safety culture throughout the organisation. Our approach to safety stems from our leadership, with safety as the first agenda item at every Group Board, subsidiary board, and Executive Committee meeting. This prioritisation amplifies its importance across our entire operation, ensuring it remains at the forefront of our strategic planning and daily activities. It’s a commitment that all levels of leadership actively uphold; our senior leaders, including CEO, COOs, and MDs, not only sponsor safety activity, but are also directly involved in safety reviews, site visits, and planning initiatives.

This hands-on leadership involvement helps to continually reinforce our safety culture and makes sure that our high standards are upheld. By embedding safety into the DNA of our corporate structure, OCU makes sure that it is more than just a concept – it is a dynamic, living part of our everyday operations that guides us in ensuring that every team member, and everyone touched by our work, returns home safe every day.

Integrating safety across a growing business

In the past year, we have not only maintained but strengthened our safety culture across all levels of the Group, including our strategic acquisitions. Our unified approach, driven by the proprietary OCU One platform, now delivers a consistent safety message and method across our expanded operations. This system ensures that our comprehensive safety standards are a fundamental part of the daily operations throughout the Group, generating a common and informed safety culture.

Advanced safety through digital transformation

Proactive safety engagement Our safety engagement is proactive and engaging, highlighted by our quarterly

Our commitment to innovation continues to enhance our safety initiatives. The integration of sophisticated technologies like remote video technology within our horizontal directional drilling team and our industry-leading OCU One platform enables real‑time safety monitoring and incident management. These tools not only streamline our safety processes but also enhance the effectiveness of our safety interventions. Visible commitment to safety On-site visibility of our safety commitments is supported by PPE which includes a ‘Think Safe’ visual - part of our ‘Think Safe + Work Safe = Home Safe’ mindset logo, to serve as a constant reminder of our core safety principles. This visibility is complemented by the OCU One app, which has become an essential tool in our safety toolkit, allowing for the immediate recording and dissemination of safety data and communications across the Group. Our teams are all empowered with ‘Stop Work Authority', allowing them to bring an immediate end to unsafe practices.

stand‑downs, which have become key events for reinforcing our safety culture. These sessions provide valuable safety insights and foster an open dialogue on safety trends and strategies, enhancing our collective commitment to a safe working environment. A culture of continuous safety improvement As we continue to evolve and grow, our approach to safety matures with us, becoming more integrated and far-reaching throughout our operations. This progression is not just about maintaining safety but enhancing it, ensuring that as we accelerate change and shape futures, we are also learning from and setting new benchmarks for safety in the industry. Our journey towards a safer tomorrow is continuous, driven by our commitment to innovation, leadership, and the wellbeing of our people and the communities we serve.

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