Tom Budreau

Octave Reliance (formerly ETQ Reliance) is the leading Quality, EHS, Food Safety and Compliance management software for identifying, mitigating and preventing high-risk events through integration, automation and collaboration. Reliance uses best-in-class integrated modules and enterprise application integration to manage and measure quality and compliance processes and execute organizational change. Octave provides mission-critical software that empowers organizations to make informed decisions across every stage of the asset lifecycle — Design, Build, Operate and Protect — where performance, safety, and reliability are non-negotiable and failure is not an option. Turning complex operational data into actionable intelligence, Octave connects expertise, real-world conditions and enterprise-scale insight to improve performance, resilience and incident response where it matters most. Octave has approximately 7,200 employees in 45 countries. The spin-off of Octave remains subject to an ongoing separation process and final approval of the board and shareholders, as well as other conditions, consents and regulatory approvals. There can be no assurances a separation, spin-off or listing will occur.