HSE POLICY AT PENOGAS NIGERIA LTD

At Petroleum Energy Oil & Gas Nigeria Limited (PENOGAS), we are firmly committed to conducting our operations in a manner that protects the health and safety of our employees, contractors, clients, host communities, and the environment. We recognize that operational excellence in the energy sector must be anchored on a strong Health, Safety, and Environment (HSE) culture. Our goal is to achieve zero harm to people, zero environmental incidents, and zero tolerance for unsafe practices across all areas of our business.

PENOGAS is dedicated to complying fully with all applicable local, national, and international HSE laws, regulations, standards, and industry best practices. We integrate HSE considerations into every phase of our operations — from planning and procurement to execution and delivery. Through structured risk assessments, hazard identification processes, and preventive control measures, we actively work to eliminate or minimize risks before work activities commence.

We promote a proactive safety culture built on accountability, competence, and continuous improvement. All employees and contractors are required to adhere strictly to company HSE policies and procedures. We invest in regular training, safety drills, toolbox talks, and competency development programs to ensure that our workforce is well-equipped to perform their duties safely and responsibly. Every individual at PENOGAS is empowered to stop unsafe work without fear of reprisal.

Environmental stewardship is a fundamental component of our operational philosophy. We are committed to minimizing environmental impact through responsible resource management, pollution prevention, waste reduction, and efficient energy use. Where applicable, we implement environmentally sustainable practices and support initiatives that contribute to climate responsibility and ecological preservation within the communities where we operate.

PENOGAS maintains emergency preparedness and response systems designed to manage potential incidents effectively and mitigate their impact. We conduct regular reviews of emergency procedures, maintain clear communication channels, and collaborate with relevant authorities and stakeholders to ensure readiness. Continuous monitoring, auditing, and performance evaluation enable us to identify improvement opportunities and strengthen our HSE management systems.

Management at all levels of PENOGAS is fully responsible for providing the leadership, resources, and oversight necessary to implement this policy effectively. We are committed to continuous improvement of our HSE performance through measurable objectives, transparent reporting, and stakeholder engagement. This HSE Policy serves as a guiding framework for all our operations and reflects our unwavering commitment to safety, environmental responsibility, and sustainable business practices.