HSE Policies & Code of Conduct

EMAR Offshore Services is an international ship management company committed to

the values of fair competition, environmental protection, and positive social
development.

This Code of Conduct is principally designed to communicate our business values to our
employees, so that they may be a positive force within our day-to-day interactions, both
internally and externally.

In addition, this Code serves as charter to our clients, partners, and other business relations,
indicating the company’s commitment to ethical and honourable business practises.

EMAR recognises that we all have our own individual interests and encourages the development of
these interests, especially where they are beneficial to the community at large. However, we must
always act in the best interests of the Company and we must avoid any situation where our
personal interests conflict or could conflict with our obligations toward the Company.

As employees, we must not acquire any financial or other interest in any business or participate in
any activity that could deprive the Company of the time or the attention we need to devote to the
performance of our duties.

We must not, directly or indirectly through any members of our families or persons living with
us or with whom we are associated, or in any other manner: have any financial interests that
could have a negative impact on the performance of our duties, or derive any financial benefit
from any contract between the Company and a third party where we are in a position to
influence the decisions that are taken regarding that contract.

We as employees have an obligation to inform our supervisor of any business or financial

interests that could be seen as conflicting or possibly conflicting with the performance of our
duties. If the supervisor considers that such a conflict of interest exists or could exist, he or she
is to take the steps that are warranted in the circumstances. Any behaviour that deviates from
this code should be reported immediately to our supervisor If, after our supervisor has been
informed, appropriate steps still have not been taken, we should personally bring the matter
directly to the attention of the management (management@emaroffshoreservices.com) and
HSSE / Operations Manager (operations@emaroffshoreservices.com).

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Health & Safety policy
The Company's Health and Safety Policy is in place to prevent accidents, incidents and work related
illnesses among the Company's employees, contractors and visitors. The Health and Safety is of utmost
importance and absolutely essential to our organization and to secure our long term business success.
This policy is dictated and fully supported by senior management and applies to all employees,
contractors and visitors.

To reach the goals we are committed to the following:

• Take personal responsibility and always embrace a good and sound safety culture onboard all
vessels and sites.

• Empowering our colleagues to lead by example and promote safe behaviour.

• Acting responsibly and being accountable for our actions.

• Stopping any unsafe activity, intervening and welcoming intervention.

• To proactively use the company´s risk management system to identify, assess, mitigate and
manage risks to employees, contractors and assets before any work is commenced.

• To ensure continuous improvement in occupational health and safety performance.

• That our vessels are maintained and taken care of with regards to health and safety.

• That our employees are well educated, motivated and trained for their position.

• That all health and safety requirements from the administration and class are fulfilled.

• That existing national and international legislation are followed.

• That reported deficiencies are investigated, analysed and followed up with the objective of
improving health and safety in our company.

• To wear the correct personal protective equipment as required.

• That equipment used is approved and in good condition.

• That hazardous chemicals and materials are used only in accordance with procedures and
methods that effectively protect employees against accidents and illness.

• That machines, tools and other technical aids are in good working order and used in a sensible
manner with regards to health and safety.

Johan van Beek

Director

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Environmental policy
The Company's Environmental Policy is in place to prevent us from harming environment. We are
committed to continual improvements in environmentally sound performance and pollution
prevention. This policy is dictated and fully supported by senior management and applies to all
employees, contractors and visitors.

To reach these goals we are committed to the following:

• Follow existing national and international legislation.

• Establishing and reviewing our environmental objectives and maintaining our vessels to minimize
all unnecessary environmental impact.

• To proactively use company risk management system to identify, assess, mitigate and manage
risks to environment before any work is commenced.

• Environmentally orientated training for both vessel‐based and shore‐based employees.

• To keep our employees on board and ashore currently updated regarding the environmental
regulations considering sea transportation.

• Never throw anything overboard except for food waste when located 12 nautical miles or more
from nearest land.

• Ensure all garbage, including waste from engines and black water generated on board sent ashore
are delivered to an approved station ashore.

• Seek to reuse, recycle and recover waste whenever possible.

• Seek to minimize the amount of garbage.

• Seek to use environmentally friendly anti‐fouling.

• Try to influence suppliers and contractors to operate within environmental standards that are not
in conflict with our policies.

• Seek to purchase environmentally friendly products from environmentally certified suppliers to

minimize the environmental impact from purchase.

• Continuous replacement of equipment and development of an environmentally friendly fleet.

• Use vessels with optimized hull to reduce fuel consumption.

• Closely cooperate with engine manufacturer to reduce emissions and fuel consumption.

• Immediately informing the national authorities in case of accidents which may lead to pollution
of the environment.

Johan van Beek

Director

EMAR Offshore Services – Code of Conduct – 3

Drug & alcohol policy
In order to maintain a safe operation and to protect the environment, it is important for all employees
in the company to respect this policy. The policy will support the employee health and contribute to
an efficient, safe and competitive operation.

We as managing owners have one objective only in this respect: Our Vessels and/or the equipment
must not be operated by crew members impaired by drugs or alcohol.

EMAR Offshore Services has decided that no drugs or alcohol shall be consumed on board, nor any
persons influenced by drugs or alcohol may enter our vessels. This prohibition applies for the vessel's
crew as well as for any other persons entering our vessels.

To ensure that the above objective is fulfilled, drug tests will be performed at least once a year by an
independent organisation.

If someone refuses to submit a drug and alcohol test or if someone have a positive drug and alcohol
test result or in other ways violates the drug and alcohol policy this will lead to disciplinary action by
the Management, including immediate termination of the employment.

All test reports are filed for 4 years and positive test samples are saved for 1 year.

Smoking policy

To contribute to the safety, health and well‐being of all crew and passengers and to protect the air
quality on board the vessel, smoking (including all types of smoking substances such as e‐cigarettes) is
prohibited in the following areas onboard the EMAR Offshore Services vessels:

Non‐smoking areas

• In the accommodation areas or in the toilets

• In compartment below deck or in the engine room

• In the cabin or on bridge

• Accommodation areas on shore owned or leased by EMAR Offshore Services

Smoking areas

• Aft areas of main deck

• Weather deck on master’s approval

NOTE: SMOKING IS STRICTLY PROHIBITED DURING FUEL TRANSFERS AND BUNKERING OPERATIONS

Johan van Beek

Director

EMAR Offshore Services – Code of Conduct – 4

IT policy
The computers and all other electronic equipment on board the vessel is owned by EMAR Offshore
Services and is intended for use in the operations only. Also, all information contained in the electronic
equipment belongs to EMAR Offshore Services and may not be distributed further.

To maintain a good IT environment we have the following guidelines:

E‐mail use

• All use of the vessels e‐mail shall be work‐related. To keep the risk of SPAM etc. to a minimum
the vessels e‐mail address shall not be used for e‐registrations or other equivalent.

• The sender is always responsible for seeing to it that a clear description of the email is
described in the subject field.

• All sent e‐mails should have a stated sender’s name.

Internet use

• The use of internet on a computer owned by EMAR Offshore Services shall be in the purpose
of collecting information concerning the line of work.

• Internet should be used with common sense and good judgment by all the employees.

• To download music, films, software or images to EMAR Offshore Services computers is strictly
forbidden. However, exceptions may be made when images are needed on behalf of the work.

• To visit websites whose contents are against EMAR Offshore Services ethic rules is strictly
forbidden. This means websites of racist, pornographic or politically extreme contents.

Information control

• Images or movies taken on our work, our employees or our vessels may not be published in
public places such as Facebook, Twitter or YouTube.

• Information received from EMAR Offshore Services or our clients may not be distributed
further or published in public places such as Facebook, Twitter or YouTube.

Measures to be taken when this policy is violated

All employees are responsible for reporting every suspected violation of this policy to the HSSE
Manager. A serious violation may lead to compensation claims and dismissal, and if the violation is
very serious, the result may be a report to the police and prosecution.

Johan van Beek

Director

EMAR Offshore Services – Code of Conduct – 5

EMAR Offshore Services declares herewith:

Legal compliance

To comply with mandatory rules and regulations; and that applicable codes, guidelines and standards
recommended by the Organization, Administrations, classification societies and maritime industry
organizations are taken into account.

Prohibition of corruption and bribery

To not tolerate or engage in any form of corruption or bribery, including any payment or other form
of benefit conferred on any government official for the purpose of influencing decision making in
violation of law.

Respect for the basic human rights of employees

To promote equal opportunities for and treatment of its employees irrespective of skin color, race,
nationality, social background, disabilities, sexual orientation, political or religious conviction, sex or
age; To respect the personal dignity, privacy and rights of each individual;

To refuse to employ or make anyone work against his will;

To refuse to tolerate any unacceptable treatment of employees, such as mental cruelty, sexual
harassment or discrimination;

To prohibit behaviour including gestures, language and physical contact, that is sexual, coercive,
threatening, abusive or exploitative;

To provide fair remuneration and to guarantee the applicable national statutory minimum wage; To
comply with the maximum number of working hours laid down in the applicable laws;

To recognize, as far as legally possible, the right of free association of employees and to neither favour
nor discriminate against members of employee organizations or trade unions.

Prohibition of child labour

To employ no workers under the age of 18. Health and Safety of employees

To take responsibility for the health and safety of its employees;

To control hazards and take the best reasonably possible precautionary measures against accidents
and occupational diseases;

To provide training and ensure that employees are educated in health and safety issues;

EMAR Offshore Services – Code of Conduct – 6

Environmental protection

To act in accordance with the applicable statutory and international standards regarding
environmental protection.

To minimize environmental pollution and make continuous improvements in environmental

protection; Supply Chain

To use best efforts to promote among its suppliers compliance with this Code of Conduct.

To comply with the principles of non‐discrimination with regard to supplier selection and treatment.

Tools and sharp objects policy

Due to the risk of cuts, puncture wounds or lacerations presented from tools or sharp objects left in
exposed areas, all tools and sharp objects (e.g. open blade knifes) should, when not used, be stored
properly in a place where they do not pose any danger to visitors or crew.

Jewellery policy

This policy applies to all employees carrying out work on board any of our vessels or vessels equipment.

The wearing of finger rings, earrings and facial jewellery, bracelets and necklaces is prohibited where
work activities involve any risk from wearing these jewelleries.

The only exception is for medical bracelets which should, when worn, be covered by clothing or
personal protective equipment to the extent that it does not pose danger.

Where other jewellery is worn, such as that associated with body piercing, this is only permitted where
the jewellery is continuously and completely covered by clothing.

Wrist watches must be removed when working with moving equipment and machinery.

In addition to jewellery long hair should be put in a ponytail or covered by a hat or similar so as not to
risk being caught during deck or engine work.

EMAR Offshore Services – Code of Conduct – 7

Breaches
A breach of the EMAR Offshore Services Code of Conduct will be reviewed as a serious matter and
will be addressed by Management accordingly. A serious breach of the Code may result in the
immediate termination of employment.

It is therefore extremely important that any breaches of the Code of Conduct be brought also to the
attention of the management (management@emaroffshoreservices.com) and HSSE / Operations
Manager (operations@emaroffshoreservices.com). It is the policy of the Company not to allow
retaliation for reports of misconduct by others that we make in good faith.

Contact
Media or Other requests:

Management attention Johan van Beek: (management@emaroffshoreservices.com)

HSSE / Operations Manager attention Marco la Pira (operations@emaroffshoreservices.com)

Tel office +31 162 727 098

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