To prevent and mitigate potential workplace safety hazards, the Group has developed and implemented standardised procedures to identify, assess, and address health, safety, security, and environmental risks within our operations. Skilled personnel are tasked with conducting risk assessments to evaluate exposure to various health hazards. The results of these assessments are used to enhance and continuously improve our ORMS, which is reviewed and updated annually. The Group remains dedicated to continuously enhancing its HSE policies and procedures. We actively seek feedback from employees, contractors, and regulatory authorities to ensure that workplace health and safety measures are comprehensive and effective. Alongside reinforcing standardised safety practices on-site, we encourage both employees and contractors to stay vigilant, emphasising that maintaining safety is a shared responsibility. All operators involved in the Group’s drilling and operational activities are required to comply with strict HSE regulations and are subject to rigorous prequalification and audits for each drilling project in their respective regions. Norway LPA conducts company risk assessments and office inspections regularly, with a minimum of two assessments per year. In compliance with the Norwegian Working Environment Act, notification procedures and routine meetings are in place. Additionally, LPA has implemented an internal incident reporting and notification system. As part of LPA’s “see-to-duty” responsibility, LPA also monitors and records incidents related to non-operated activities. LPA and LPH have engaged an international medical and security assistance service for all employees in case of emergency under business travel and operations. Oman MOL’s Occupational Health and Safety (“OHS”) system is designed in accordance with the International Safety Management (“ISM”) standards and complies with local and international OHS regulations. The system incorporates MOL’s internal risk management processes and those of its contractors, addressing various workplace hazards, including chemical, biological, ergonomic, physical, and psychosocial risks. These risks are systematically identified, evaluated, and controlled to prevent workplace injuries and illnesses. MOL also ensures that workers and their safety representatives are fully engaged and well-trained on all OHS aspects, including emergency procedures. Regular safety briefings, offshore medical examinations, and emergency drills are conducted onboard the MOPU and FSO to maintain a high standard of health and safety awareness. MOL’s HSE and Human Resources teams are tasked with identifying and assessing health risks to implement appropriate response measures. Monthly safety meetings, As Low As Reasonably Practicable (“ALARP”), are held to discuss safety concerns and share reports with Management for further action. In cases of noncompliance, emergency meetings are convened to address the issues. Additionally, any OHS concerns that pose a significant risk due to work conditions or practices are reported to the relevant local authorities. Routine reviews, inspections, and audits are systematically conducted across all operations and activities to identify and mitigate work-related hazards and risks, while also promoting continuous enhancement of the OHS system. Employees are encouraged to report any work-related hazards and unsafe situations through various channels, such as hazard hunts, daily Toolbox Talks, stop-work authority programmes and weekly workplace inspections. This reporting process enables a thorough review and investigation of all reported findings, resulting in necessary remedial and corrective actions. Furthermore, workers are empowered to voice concerns about unsafe acts and conditions in the workplace through our “Safety Observation and Intervention Programme”, in addition to exercising their “Stop Work Authority” when needed. All work-related incidents undergo a thorough investigation following MOL’s Incident Investigation procedures. This involves MOL and its contractors analysing the sequence of events leading to the incident to collect pertinent information. Following the completion of the investigation report, the findings are reviewed and shared with Management. This process facilitates discussions aimed at formulating appropriate recommendations and corrective actions to prevent similar incidents in the future. Rex International Holding Limited 87
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