Health and Safety Metrics12 Health Safety Metrics Number Rate* Fatalities as a result of work-related injury 0 NA High-consequence work-related injury (excluding fatalities)13 0 NA Recordable work-related injury 0 NA Fatalities as a result of work-related ill health 0 NA Recordable work-related ill health 0 NA * Per 200,000 work hours. Crisis and Emergency Preparedness Production operations in Oman started in 2020. Since then, MOL has undertaken several collaborative emergency drills with local authorities. These exercises aimed to ensure the protection of crew members aboard both the jack-up barge and the vessel, as well as to address potential hostage scenarios in the event of terrorism. On top of that, routine weekly and monthly emergency simulations are conducted on the MOPU and the FSO. LPA trains its Crisis Management Team at least four times a year. Health and Safety Targets Targets for FY2025 Status FY2025 Performance Maintain zero operational downtime related to HSE incidents. Met • Zero fatality rate achieved for the Group’s operations in both Norway and Oman. Conduct a minimum of 10 hours of OHS training annually for employees and contractors in Oman. Met • A minimum of 10 hours of OHS training in total has been conducted for employees and contractors in Oman. Perpetual Targets • Maintain zero operational downtime related to HSE incidents. • Conduct a minimum of 10 hours of OHS training annually for employees and contractors in Oman. Focus 4: Creating Inclusive Communities Local Employment and Procurement GRI 202-2, 204-1 The Group prioritises hiring local talent in its operational regions, striving to build a workforce that reflects the diversity of the communities it serves. All employment contracts comply with local laws, and employees are remunerated based on their contributions and work merit. As the operating regions have no minimum wage legislation, the Group follows a merit-based approach to employee compensation. The Group recognises the economic and operational value of hiring locally, particularly in senior management positions in key locations like Singapore, Norway, and Oman. Senior management encompasses key leadership roles, including C-suite executives and positions such as the Chief Executive Officer / General Manager, responsible for the Group’s core management functions. These roles are typically filled by individuals either born in or with indefinite legal residency (for example, naturalised citizens or permanent visa holders) in the respective regions of operation. This approach further emphasises the Group’s dedication to supporting local communities while enhancing its business performance. Proportion of Key management hired from local community Singapore 20% Norway 100% Oman NA Germany 100% Additionally, the group actively supports local economies by prioritising procurement from local suppliers whenever feasible. Local equipment suppliers are given greater preference with overseas suppliers considered only when there are no suitable local options available. This method enhances supply chain resilience while ensuring operational sites are well-equipped. In Oman, a combination of local and international suppliers is used because of the limited expertise among local suppliers for specific operations. 12 Based on all employees and contractors/licensees. Singapore, Norway, Germany and Oman had no incidents reported during this period. 13 "High-consequence work-related injuries" has been defined as an injury from which the worker cannot, does not, or is not expected to recover fully to preinjury health status within six months. 90 Annual Report 2025
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