Effective Date: 2-2-2024

At Grey Ocean Company, we are committed to the highest standards of Health, Safety, and Environment (HSE) performance. We recognize that our success is dependent on the well-being of our employees, contractors, visitors, and the communities in which we operate. This HSE Policy outlines our commitment to maintaining a safe and healthy workplace while minimizing our environmental impact.

1. Health and Safety

1.1. Commitment:

• We are committed to providing a safe and healthy workplace for all employees, contractors, and visitors.
• Management will actively promote and support health and safety initiatives.

1.2. Compliance:

• We will comply with all relevant health and safety laws and regulations.
• All employees and contractors are expected to adhere to safety procedures and guidelines.

1.3. Risk Management:

• We will identify and assess potential health and safety hazards.
• Mitigation measures will be implemented to reduce or eliminate identified risks.

1.4. Training and Awareness:

• Employees will receive appropriate HSE training.
• Regular communication and awareness programs will be conducted.

1.5. Incident Reporting and Investigation:

• All incidents will be reported promptly.
• Thorough investigations will be conducted to determine the root cause and implement corrective actions.

2. Environment

2.1. Environmental Stewardship:

• We are committed to minimizing our environmental impact.
• Environmental considerations will be integrated into our decision-making processes.

2.2. Compliance:

• We will comply with all applicable environmental laws and regulations.
• Regular assessments will be conducted to ensure ongoing compliance.

2.3. Resource Efficiency:

• We will promote the efficient use of resources, including energy and water conservation.
• Waste reduction and recycling initiatives will be implemented.

2.4. Emergency Preparedness:

• Emergency response plans will be in place to address environmental incidents.
• Training and drills will be conducted to ensure preparedness.

3. Continuous Improvement

3.1. Performance Monitoring:

• Key HSE performance indicators will be monitored regularly.
• Performance reviews will be conducted to identify areas for improvement.

3.2. Stakeholder Engagement:

• We will engage with employees, contractors, and local communities to understand concerns and expectations.
• Open communication channels will be maintained to address feedback.

3.3. Management Review:

• Senior management will conduct regular reviews of the HSE Policy to ensure its effectiveness.
• Necessary updates and improvements will be implemented.

At Grey Ocean Company, every employee and contractor plays a crucial role in upholding this HSE Policy. We are dedicated to fostering a culture of responsibility, accountability, and continuous improvement to achieve our HSE goals. By adhering to these principles, we will contribute to a safer, healthier, and more sustainable future for all.