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CRISIS MANAGEMENTAs a part of its overall approach to risk management, Valeura has adopted a framework to respond to emergency situations or business disruptive events such as oil spills or accidents. The Response Framework involves a three-tier structure, with clear distinction between roles and responsibilities of the teams at each level. The teams collaborate as appropriate to manage the situation and ensure business continuity.%u2022 Country Response Team (CRT) supports the coordiation between the SRT, the Crisis Management Team (CMT) and other relevant functions during emergencies.%u2022 During a business disruption, the CRT acts as a Business Continuity Management Team (BCMT) to maintain business continuity.%u2022 The Crisis Management Team (CMT) consists of key Senior Management personnel who are responsible for leading and coordinating the response to a crisis. %u2022 The CMT, under the direction of the CMT leader, may invite members from other functions to provide specialised expertise, support decisionmaking, and implement crisis management actions.%u2022 Site Response Teams (SRTs) exist in every site, such as dilling rigs, warehouses, production platforms, etc.%u2022 The SRTs are the first to respond to incidents at both onshore and offshore sites.%u2022 The SRTs are responsible for coordinating with specialised teams, local emergency services, and government agencies to support crisis management.Site Response Teams Country Response Team Crisis Management TeamVarious emergency response plans have been prepared to guide the Company%u2019s response to potential scenarios relevant to the oil and gas industry, for example oil spills, typhoon-related evacuation of personnel, fire and exploration, and medical emergencies. EMERGENCY AND BUSINESS CONTINUITY TRAINING FOR CRT TEAM%u2022 To ensure effective emergency response and business continuity, all Country Response Team (CRT) members completed a focused training session covering key readiness measures: Role Clarity: Clear understanding of each CRT member%u2019s responsibilities during a crisis. Activation Protocols: Step-by-step guidance on how and when to activate the CRT. Remote Work Readiness: Procedures to maintain operational continuity through remote working. Business Continuity Awareness: Practical knowledge to support company-wide stability in disruptive scenarios. VALEURA ENERGY INC. 103