ORGANISATIONAL PROFILE GRI 2-1, 2-6 Rex is a multinational oil exploration and production (“E&P”) company listed on the Singapore Exchange’s Mainboard. The Group holds stakes in exploration and production licences in Norway, Oman, Germany and Benin, and is the operator for the assets in Oman, Germany and Benin. The Group’s subsidiaries within the E&P segment include Masirah Oil Ltd (“MOL”) in Oman and Lime Petroleum Holding AS (“LPH”), which wholly owns indirect subsidiaries Lime Petroleum AS (“LPA”) in Norway, Lime Resources Germany GmbH (“LRG”) in Germany, where the acquisition was made in January 2025, and Akrake Petroleum Benin S.A. (“Akrake”) in Benin. Meanwhile, technology-based subsidiaries include Rex Technology Investments Pte. Ltd., which developed Rex Virtual Drilling (“RVD”), the Group’s proprietary liquid hydrocarbon detection technology; and the Xer Technologies (“Xer”) group of companies, which are in the business of commercial drones. Currently, the only oil-producing fields are the Brage and Yme Fields in Norway, where LPA holds interests, and the Yumna Field in Oman, which is 100 per cent held and operated by MOL. For more details on the Group’s corporate structure and business activities, please refer to our Annual Report 2024 or the Company’s website www.rexih.com. REPORTING PRACTICE GRI 2-2, 2-3, 2-4, 2-5 This SR highlights the Group’s dedication to sustainable practices by presenting our governance structures, policies, performance indicators and objectives related to ESG criteria. It also addresses the effects of climate change on our operations. Furthermore, the report expands on the information shared in other sections of the Annual Report, offering deeper insights into the Group’s sustainability strategies and initiatives. Reporting Principles & Statement of Use This SR has been prepared with reference to the Global Reporting Initiative (“GRI”) Standards 2021, including GRI 11: Oil and Gas Sector 2021 Standards, covering FY2024. The GRI Standards are internationally recognised and widely adopted for their comprehensive coverage of economic, environmental, and social reporting topics. The GRI reporting principles of accuracy, balance, clarity, comparability, completeness, sustainability context, timeliness, and verifiability were applied to guide the Group in ensuring the quality and proper presentation of information in this SR. For a more detailed explanation of GRI disclosures, please refer to the GRI Content Index. This report also aims to provide stakeholders with a comprehensive view of the Group’s climate-related risks 6 1 Rex International Holding Limited
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