SOCIAL Focus 3: Prioritising Health and Safety The Group prioritises health and safety as a fundamental aspect of our operations, demonstrating a strong commitment to providing a secure and healthy environment for all employees, contractors, and stakeholders. In line with our HSE Policy, we carefully manage our activities to continuously minimise risks, improve safety performance, and uphold our goals of “no accidents, no harm to people, and no damage to the environment”. We have implemented processes to identify, mitigate, and report potential hazards, reducing the likelihood of workplace injuries and fatalities. Additionally, we maintain clear communication with contractors and sub-contractors to ensure they are fully informed of our safety requirements and expectations. Occupational Health and Safety GRI 403-1, 403-2, 403-4, 403-7, 403-8 Oil & gas E&P are both capital and labour-intensive. The drilling of wells requires highly specialised crew to work on-site for extended periods, often in potentially hazardous environments. This presents considerable risks to our employees and contractors supporting us at various locations. Any accidents on-site could have serious repercussions on our workforce, disrupt business operations, and damage our reputation. As a result, Rex places the highest importance on the health and safety of our workforce. Where Rex or any of its subsidiaries is the operator, risks associated with operations are managed through the implementation of the Group’s Operations Risk Management System (“ORMS”) which covers all workers and contractors. The ORMS is adapted to the local rules and regulations in each jurisdiction where necessary. The ORMS is also subjected to an annual internal review to improve its effectiveness. 86 Annual Report 2025
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