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Mature Asset ManagementValeura applies a risk-based approach to the management of mature assets, supported by a range of strategic initiatives to uphold operational integrity and mitigate the risk of interruptions. The Company maintains high reliability and availability of critical equipment and facilities by implementing a rigorous maintenance schedule and inspection programme. By proactively prioritising critical areas, the Company is able to reduce the likelihood of emergency situations that could compromise safety, productivity, and operational continuity. Asset management is further strengthened through comprehensive lifecycle evaluations, which assess current conditions, historical maintenance records, operating status, and remaining lifespan. This ensures alignment with asset retirement plans, identifies potential gaps, and enables the development of specific strategies that support sustainable business objectives, while maintaining safety and cost-effectiveness.In addition, Valeura extensively implements Failure Modes and Effects Analysis (FMEA) during the initial asset registration phase to determine equipment critically and to establish appropriate maintenance and inspection strategies. During the operational phase, this method is integrated with Root Cause Analysis (RCA), which allows for the identification of potential failure points and understanding underlying causes. This enables the development and implementation of dynamic and targeted preventive programmes. The combined approach supports operational resilience and aims to minimise environmental impact, enhance safety, and foster continuous improvement across all aspects of operations.Monthly Maintenance and Integrity Status ReportsValeura maintains transparency and accountability through the regular communication of Monthly Maintenance and Integrity Status Reports. These digital reports provide a comprehensive overview of current performance metrics, identify potential risks or areas of concern, and outline strategic actions for improvement. By incorporating data-driven insights, the reports facilitate informed decision-making and foster a culture of continuous improvement. Furthermore, they highlight key achievements and track progress towards organisational goals, ensuring that all team members remain aligned and committed to maintaining the highest standards of integrity and operational excellence.082 2024 SUSTAINABILITY REPORT%uf098 Sustainability at Valeura %uf098 Environment %uf098 Social %uf098 Governance %uf098 Appendix