Governance and Ethics Target Targets for FY2025 Status • Zero incidents of non-compliance with applicable local and/or international corporate laws and regulations. Met • Zero complaints concerning breaches of customer privacy and losses of customer data. Met • Zero reported incidents of corruption. Met • Investigate and report 100% of whistleblowing reports annually. Met • Conduct yearly suppliers analysis to ensure compliance with social and environmental standards and group policies. Met Perpetual Targets • Zero incidents of non-compliance with applicable local and/ or international corporate laws and regulations • Zero complaints concerning breaches of privacy and loss of data. • Zero reported incidents of corruption. • Investigate and report 100% of whistleblowing reports annually. • Assess 100% of new suppliers in Oman for HSE criteria prior to onboarding. • Conduct yearly suppliers analysis to ensure compliance with social and environmental standards and group policies. Financial Assistance Received from the Government GRI 201-4 Capital-intensive industries, such as oil exploration, necessitate that the Group invests in assets located in jurisdictions that provide appealing tax incentives. Financial assistance or incentives from governments in these regions significantly influence the Group’s investment decisions, as they directly impact the long-term return on investment. In 2025, LPA received US$0.55 million for offshore tax losses incurred in FY2024. No tax receivable is pending in 2026. For more information on the changes in tax assistance received from the government, please refer to our financial statements in our Annual Report. In Oman, an audit of recoverable costs and proposed budgets are regularly presented to the Omani Ministry of Energy and Minerals for approval. 100 Annual Report 2025
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