SCHEDULE 13D/A 0001580320 XXXXXXXX LIVE 3 Common Shares, no par value 06/18/2025 false 0001590584 17878Y207 Civeo Corp

THREE ALLEN CENTER 333 CLAY STREET, SUITE 4400 HOUSTON TX 77002

ANDREW FREEDMAN, ESQ. 212-451-2300 OLSHAN FROME WOLOSKY LLP 1325 Avenue of the Americas New York NY 10019 0001580320 N ENGINE CAPITAL, L.P. WC N DE 1111951.00 0.00 1111951.00 0.00 1111951.00 N 8.3 PN 0001580325 N Engine Jet Capital, L.P. WC N DE 112228.00 0.00 112228.00 0.00 112228.00 N 0.8 PN 0001961580 N Engine Lift Capital, LP WC N DE 113935.00 0.00 113935.00 0.00 113935.00 N 0.8 PN 0001665590 N Engine Capital Management, LP OO N DE 1338114.00 0.00 1338114.00 0.00 1338114.00 N 9.9 PN Y Engine Capital Management GP, LLC OO N DE 1338114.00 0.00 1338114.00 0.00 1338114.00 N 9.9 OO Y Engine Investments, LLC OO N DE 1224179.00 0.00 1224179.00 0.00 1224179.00 N 9.1 OO Y Engine Investments II, LLC OO N DE 113935.00 0.00 113935.00 0.00 113935.00 N 0.8 OO 0001293424 N Ajdler Arnaud OO N C9 1338114.00 0.00 1338114.00 0.00 1338114.00 N 9.9 IN Common Shares, no par value Civeo Corp THREE ALLEN CENTER 333 CLAY STREET, SUITE 4400 HOUSTON TX 77002 The following constitutes Amendment No. 3 to the Schedule 13D filed by the undersigned ("Amendment No. 3"). This Amendment No. 3 amends the Schedule 13D as specifically set forth herein. Unless otherwise defined herein, all capitalized terms used herein shall have the meanings given to them in the Schedule 13D. Item 4 is hereby amended to add the following: The Reporting Persons believe that the Board could benefit from the perspective of a highly qualified, independent director in boardroom deliberations. To that end, the Reporting Persons are engaging, and expect to continue to engage, in discussions with the Issuer regarding the appointment of such a new independent director to the Board. Item 5(a) is hereby amended and restated as follows: The aggregate percentage of Shares reported owned by each person named herein is based upon 13,453,255 Shares outstanding as of April 25, 2025, which is the total number of Shares outstanding as reported in the Issuer's Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on April 30, 2025. A. Engine Capital As of the date hereof, Engine Capital directly owned 1,111,951 Shares. Percentage: Approximately 8.3% B. Engine Jet As of the date hereof, Engine Jet directly owned 112,228 Shares. Percentage: 0.8% C. Engine Lift As of the date hereof, Engine Lift directly owned 113,935 Shares. Percentage: 0.8% D. Engine Management Engine Management, as the investment manager of each of Engine Capital, Engine Jet and Engine Lift, may be deemed to beneficially own the 1,338,114 Shares owned in the aggregate by Engine Capital, Engine Jet and Engine Lift. Percentage: Approximately 9.9% E. Engine GP Engine GP, as the general partner of Engine Management, may be deemed to beneficially own the 1,338,114 Shares owned in the aggregate by Engine Capital, Engine Jet and Engine Lift. Percentage: Approximately 9.9% F. Engine Investments Engine Investments, as the general partner of each of Engine Capital and Engine Jet, may be deemed to beneficially own the 1,224,179 Shares owned in the aggregate by Engine Capital and Engine Jet. Percentage: Approximately 9.1% G. Engine Investments II Engine Investments II, as the general partner of Engine Lift, may be deemed to beneficially own the 113,935 Shares owned by Engine Lift. Percentage: 0.8% H. Arnaud Ajdler Mr. Ajdler, as the managing partner of Engine Management and the managing member of each of Engine GP, Engine Investments and Engine Investments II, may be deemed to beneficially own the 1,338,114 Shares owned in the aggregate by Engine Capital, Engine Jet and Engine Lift. Percentage: Approximately 9.9% The filing of this Schedule 13D shall not be deemed an admission that the Reporting Persons are, for purposes of Section 13(d) of the Securities Exchange Act of 1934, as amended, the beneficial owners of any securities of the Issuer that he or it does not directly own. Each of the Reporting Persons specifically disclaims beneficial ownership of the securities reported herein that he or it does not directly own. ENGINE CAPITAL, L.P. /s/ Arnaud Ajdler 06/18/2025 Engine Jet Capital, L.P. /s/ Arnaud Ajdler 06/18/2025 Engine Lift Capital, LP /s/ Arnaud Ajdler 06/18/2025 Engine Capital Management, LP /s/ Arnaud Ajdler 06/18/2025 Engine Capital Management GP, LLC /s/ Arnaud Ajdler 06/18/2025 Engine Investments, LLC /s/ Arnaud Ajdler 06/18/2025 Engine Investments II, LLC /s/ Arnaud Ajdler 06/18/2025 Ajdler Arnaud /s/ Arnaud Ajdler 06/18/2025