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Page 1: ION Corporate Fact Sheet

FACT SHEETION is a leading provider of technology-driven solutions

to the global oil & gas industry. Our offerings are

designed to help companies reduce risk and optimize

assets throughout the E&P lifecycle.

Vision and Strategy

Our vision is to be the leading innovator in

geoscience and engineering, creating value for our

customers, shareholders and employees.

Our strategy is to develop and leverage innovative

technologies to deliver solutions that address oil &

gas companies’ most challenging problems,

throughout the E&P lifecycle.

Core ValuesUnderlying everything we do

PEOPLE Our people fuel our

innovation. We strive to attract and

develop the best talent in the

business and to support and inspire

them to achieve their personal best.

COLLABORATION Delivering

leading technologies requires

collaboration and honest, open

communication among employees,

customers and partners.

QHSE Quality, health, safety and

environmental stewardship are at

the forefront of everything we do.

INNOVATION We continuously

push the boundaries of geoscience

and engineering to solve the

toughest E&P challenges.

RESULTS We strive to deliver true

value to our stakeholders, including

our shareholders, customers,

employees, partners and

communities.

Quick Facts

→ Technology-driven solutions provider to global E&P

→ Foundedin1968asInput/Output−renamed

ION Geophysical in 2007

→ Headquartered in Houston, Texas

→ Listed on the NYSE (Ticker: IO) since 1994

→ ~600 employees operating in 19 cities on

six continents

→ 2016 revenues of $173 million

→ CEO R. Brian Hanson

C O M P A N Y

Page 2: ION Corporate Fact Sheet

Our Offerings

E&P AdvisorsOur geoscientists offer extensive global experience to deliver full-valuechain commercial and technical solutions to the oil industry worldwide, including basin-scale, regional geological analysis, prospectivity evaluation, portfolio management, conventional and unconventional development and production consulting, reservoir characterization and government and license round support and management.

Optimization Software and ServicesION is a leading provider of navigation systems for offshore seismicacquisition through Gator® and ORCA® as well as survey designsoftware,through MESA®. We also offer seismic survey planning andoptimization services for 2D, 3D and 4D surveys, for both towed streamerand ocean bottom environments. Our newest software offering, Marlin™,provides seismic contractors and E&P operators with situationalawareness for simultaneous operations..

Ocean Bottom ServicesWe provide a full suite of ocean bottom seismic services, from surveydesign, planning and optimization, to data acquisition through our OBSacquisition company OceanGeo, and data processing, interpretation andreservoir characterization.

Integrated Geoscience Programs We offer full-scope 2D and 3D multi-client and proprietary programs, fromsurvey design and planning, data acquisition, and project management, toadvanced processing and imaging services, reservoir characterization andinterpretation.

Seismic Data LibrariesE&P companies use our global BasinSPAN™ library of over 400,000 km ofbasin-wide, deep, geologically-driven 2D multi-client seismic data to evaluateprospectivity in new frontiers or to identify new play concepts.

Imaging ServicesWe have one of the most technologically advanced seismic imaging teamsin the industry, who routinely tackle some of the most complex imagingprojects. Our advanced imaging services include data conditioning,pre-stack depth migration (PreSDM), ray and wave-based model building,high frequency reverse time migration (RTM), Least Squares RTM, Kirchoff,Beam and Q migration, and more.

Seismic Data Acquisition Equipment ION develops seismic imaging systems for both towed streamer and oceanbottom seismic acquisition. Our offerings include streamer positioning andcontrol systems, streamer and ocean bottom cable acquisition systems,including industry-leading Calypso® and VSO systems.

Corporate Leadership

R. Brian HansonPresident and ChiefExecutiveOfficer

Steven A. BateExecutive Vice PresidentandChiefFinancialOfficer

Jamey S. SeelyExecutive Vice President,General Counsel and Corporate Secretary

Colin T. HulmeExecutive Vice President,Ocean Bottom Services

Christopher T. UsherExecutive Vice President andChiefOperatingOfficer,E&P Operations Optimization

Kenneth G. WilliamsonExecutive Vice President and ChiefOperatingOfficer,E&P Technology & Services

Lawrence T. BurkeExecutive Vice President,Global Human Resources

Jacques P. LeveilleExecutive Vice President, Technology

Corporate Headquarters

2105 CityWest Blvd., Suite 100Houston, TX 77042-2855 USATel: +1 281 933 3339Fax: +1 281 879 3626iongeo.com

04/10/2017


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