QHSES Policy

HEALTH, SAFETY, ENVIRONMENTAL, AND SECURITY (HSES) POLICY

It is the policy of the KTM Services Inc. and its contractors (the "Company") to conduct their activities so as to:

* Consider first the health, safety, and security of employees, contractors, and third parties who may be affected.
* Protect the environment, prevent pollution, and strive to continually improve the environmental management system and performance.
* Ensure that health, safety, environment, and security (HSES) matters have priority among business objectives.
* Protect the security of employees, facilities, and assets.
* Comply with all legal requirements of the country/jurisdiction in which the Company is operating.
* Maintain the ability of the Company to continuously improve HSES performance through regular review of procedures and practices.

The Company will carry out this policy through corporate and operational activities that are supported by management and shall require the commitment of each individual employee to achieve these objectives. The Company is committed to providing continuing education and training to achieve Company goals.

All employees are responsible for the observance of the Company's HSES policies and procedures and the development of their job skills relating to HSES issues. All employees are directed to consider and help protect the health, safety, and security of those working under their supervision and alongside them and to act to protect the environment within the scope of their work.

The Company's HSES policies and procedures incorporate guidance from the International Marine Contractors Association (IMCA), the International Association of Oil and Gas Producers, the American Petroleum Institute (API), the International Association of Drilling Contractors (IADC), and other relevant industry organizations. Furthermore, the policies and procedures should be supplemented by applicable codes and standards recommended by industry classification societies, client safety policies, and sovereign laws. Generally, the most stringent standards shall be followed. The goal is to prevent accidents, injuries, job related illnesses, and environmental degradation.

HEALTH

* The Company seeks to conduct activities in such a way as to ensure the health of employees, contractors and third parties.
* The Company will continually update and implement the measures necessary to maintain the health of employees.
* The Company will handle employee medical conditions with the highest degree of confidentiality.

SAFETY

* The Company believes that all injuries are preventable and actively promotes high standards of safety awareness.

* The Company is committed to maintaining safe working methods to reduce the risk of work-related injuries. The Company is committed to providing high quality equipment, training, and personal protective equipment.

* The Company encourages employees to evaluate assigned tasks and to resolve problems in a productive and safe manner.

* The Company is committed to improving the safety management skills of all employees. Emergency plans shall be maintained for safety, security, and environmental protection.

ENVIRONMENT

The Company will:

* Endeavor to reduce emissions and discharges of waste, which are known to have a negative effect on the environment.

* Promote procedures designed to ensure safe operation of equipment and to protect the environment in compliance with relevant regulations.

* Provide services which are not harmful to the environment.

SECURITY

The Company will:

* Promote a secure working environment by establishing and maintaining appropriate security measures.

* Protect the security of company personnel, assets and installations by taking steps to prepare for, prevent or mitigate foreseeable harms.

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