Tangram Energy Limited Health and Safety Policy

At Tangram Energy, Health, Safety and the Environment are at the forefront of our business. We hold HSE as a core value, putting safety first for our staff and those who we work with. We are fully aware of the dangers associated with working in a hazardous industry and we are dedicated to protecting staff, associates and the environment.

This core value Tangram holds is supported by the following principles:

• We foster a positive and transparent culture of health and safety for those working on Tangram Energy's behalf as a top business priority.
• We ensure a safe working environment for everyone that works on our behalf such as guests and visitors.
• We demonstrate commitment and leadership in all relevant health and safety matters relating to the business.
• We hold ourselves and each other accountable for the safety of everyone working on behalf of the company and we each lead by example.
• We seek to develop competence through a process of continual learning and improvement.
• We engage with, communicate and listen to our stakeholders perspectives on health and safety matters and take them seriously.
• We undertake regular HSE assessments to identify health and safety related risks and act appropriately to mitigate and control those risks.
• We seek to understand and recognise the need for compliance with health and safety regulations.
• Tangram recognises that a person's well-being is both physical and psychological.

Tangram Energy Limited Environmental Policy

Care for the environment is at the forefront of our business model. We understand that we must comply with applicable legislation in all areas of operation. We aim to educate people about the risks and consequences concerning our environment and to treat it with respect. As a small E&P company, we strive to lead by example in taking care for the environment.

Tangram Energy implements this statement with the following principles:

• We foster a positive and transparent culture of environmental awareness.
• We take precautions to minimise our impact on the environment, and to avoid incidents and accidents occurring.
• We demonstrate commitment and leadership in all relevant environmental matters relating to our business and how they can be mitigated.
• We ensure the appropriate levels of competence in our employees to manage emergency situations.
• We seek to develop individually and improve each other in minimising our waste.
• We engage with, communicate and listen to our stakeholders perspectives on health and safety matters and take them seriously.
• We respect the interests of local people and take on board their concerns regarding environment issues.
• We undertake to identify environmental related risks and hazards; and then act appropriately to mitigate and control them.
• We seek to understand and recognise the need for compliance with environmental regulations.