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EVALUATION OF PERFORMANCECyber-resilienceIn 2024, Valeura made substantial advancements in strengthening its cybersecurity framework and building resilience across its operations. These achievements reflect a strategic, structured approach to identifying and mitigating risks in an increasingly complex digital environment, particularly within the oil and gas sector in the region.Throughout the year, the Company updated its cybersecurity policies and incident response plans to align with the rapidly evolving global threat landscape. In addition to revising its internal protocols, Valeura placed a strong emphasis on protecting operational technology (OT) assets and critical infrastructure, reinforcing its cyber defences.The Company also actively promoted a cyber-aware culture. This included training initiatives and phishing email tests to ensure Valeura%u2019s personnel were equipped with the skills and awareness required to detect and respond to threats in real time. Valeura also strengthened its posture against zero-day vulnerabilities and elevated its monitoring of supply chain and third-party risks %u2013 both of which are emerging concerns across the industry.VALEURA ENERGY INC. 095