HSEQS Performance Summary

January 2023

deepoceangroup.com 1
HSEQ Objectives 2023

The HSEQ Objectives is now launched and can be found on

the HSEQS site on DeepOcean intranet.
Click here to for the Group HSEQS Program for 2023.

2
Overview January 2023

SAFETY
January gave us a good start to 2023 with an improvement to most KPIs. Note that all frequencies from the start of the year have been altered
from a 24 to 12-hour exposure rate, and all frequency targets have been amended to reflect this change. For additional details please refer to
slide 5 of this report pack.

Safety leadership training was carried out in Aberdeen upon request from the Shell Brent Subsea Infrastructure Decommissioning Project, with
great feedback from the Clients and project team.

Our final ACT Campaign for 2022 has been extended into 2023 with a continued focus delivering certified training across our fleet of vessels
and at a second planned onshore pop-up training facility. Our continued collaboration with Aqua Terra Training Ltd. will ensure that our
employees who either plan work at height activities, physically undertake work at height activities or supervise work at height practices attain
the necessary training and competence requirements to do so in a safe and professional manner.

ENVIRONMENTAL SUSTAINABILITY
For the last two years we have managed to beat our target for CO2 reduction, and that trend continued in January with a further reduction in
CII. In 2023 the aim is to reduce by a further 5% from the end of 2022 result. To achieve this, we need continued focus on eco-transits as a
default, applying route planning to avoid strong currents/weather conditions and plugging in to shore power whenever possible.

We ended the year with a 30% reduction in spill volume compared to 2021, which is very good. However, we also increased the number of
spill cases by about 21%. We started 2023 with a slight increase in case frequency.

Quality
One of the goals for 2022 was to achieve a 25% increase in global audit activity compared to 2021 and we absolutely 'smashed' that goal by
finishing 2022 with a 96% increase in audit activity. Well done to all involved and let's keep that going for 2023!

CNQ is steadily being tracked in NetSuite and the year-end status for 2022 was a CNQ level of 0,8% of overall cost. This is the first time we
have beat the target for CNQ in the last three years and to close out the year so far below the target line of 1.7% is a tremendous
achievement! For 2023 the defined CNQ target is set to 1.5%. The CNQ status is omitted form the January report, but status will be included in
February and forward.

306 962 operational hours in January

+38,6% from last January
Document Management

New Document Management System

Moving from iQubes (eDMS/iQS) to Omega (Omega365)

We've decided to transition away from our current

document management system (iQubes) to a new Project Management
Governing – Nikki Wood
system in 2023. The contract is signed and Projects – Carole Bricault
transituion plans have commenced to move over Standardisation – Tore Nordbø
to Omega365 (previously referred to as PIMS).

Key factors for this change: Q1 Q2

• More user friendly/intuitive for end users;
Set up of new system
• Omega365 is used by majority of our Clients allowing • Migrating existing project
documents/governing
for better collaboration; documents Launch of System
• Testing
• Back-up and archiving - more streamlined due to • Super User Training
• End user training
cloud-based solution;
• Increased resource sharing - global provider;
• Data security is in-line with DeepOcean’s improved
security measures.

4
Changing from IMCA Band B to Band C

Changes to LTI and TRI Frequency

DeepOcean change from Band B to Band C

To fully align with the IMCA injury definitions and allow for accurate benchmarking of safety statistics, DeepOcean have adjusted calculation of offshore
exposure hours from a 24-hour calculation to a 12-hour calculation. This will move us from a Band B, to a Band C benchmarking comparison where companies
report between 1-5 million manhours and have an employee count between 500-2500 (as seen below). As such, DeepOcean have defined new Lost Time
Injury Frequency and Total Recordable Incident Frequency targets based on a 10% improvements on the last three years of IMCA Band C benchmark
performance. Below you can see visualization of the new target line to be used as of 2023 with our 5-year performance.

Note that this change will also affect other frequency calculations, and therefore you will Band Man-hours Employees

see other values than in the December Monthly report. A >10 mill 5000
B 5-10 mill 2500-5000
C 1-5 mill 500-2500
D <1 mill <500

5 Year Total Recordable Incident Frequency Rate 5 Year Total Recordable Incident Frequency Rate
IMCA/DO Comparisson This year 1.89 IMCA/DO Comparisson Last year
1.75
2.11 2.08 1.68

1.84
1.71
1.62
1.25
1.78
1.48 1.02 1.05

1.27 1.29 0.92

0.78
0.92 0.79 0.75

0.54

2018 2019 2020 2021 2022

2018 2019 2020 2021 2022

deepoceangroup.com
IMCA Band C DO TRIF (12h) TRIF Target Line IMCA Band B DO TRIF TRCF Target Line 5
12 Month Rolling TRIF
Safety

Recordable incidents
Summary
Recordable injuries last 12 months
No recordable injuries for the first month of 2023, let's keep this going! Several initiatives were taken during 2022 to ensure
we keep our personnel as safe as possible, including focus on performing dynamic risk assessments (DRAs) with emphasis
on “eyes on path” and “eyes on task”, prevention of hand injuries with proper use of PPE and correct use of hand tools.

For 2023 it is important to remember;

1 1 1 1 1
• Be aware of your surroundings and ensure you keep your 'eyes on path/task';
Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan
• Protect yourself and wear correct PPE for the task;
Medical Treatment Case Lost Time Injury
• Be engaged during toolbox talks and properly identify & prepare for any potential hazards prior to starting work; Restricted Work Case

• If you witness an unsafe act/behaviour, stop the work and initiate a safety conversation.

Lost Time Incident Frequency Rate Total Recordable Incident Frequency Rate
Benchmark/DO Comparisson Benchmark/DO Comparisson

2.08
0.76 0.76

0.68 1.84

0.59 1.62
0.55 1.78
0.55 0.55 1.48 1.48

0.52 0.50
1.27 1.29 1.26

0.92
0.31

2019 2020 2021 2022 2023

2019 2020 2021 2022 2023
IMCA Band C LTI Target DO LTIF DO LTIF roling 12 months IMCA Band C DO TRIF TRI Target 6
DO TRIF roling 12 months
 Safety

First Aid Cases

Summary

We had a very strong finish to 2022 and continue 2023 with no first aid injuries. Significant efforts have been dedicated in recent months to prevent further First Aid injuries and this has
resulted in significant reduction in First Aid Case Frequency compared to the top in August.

For more information on the different cases and up to date statistics, see the Monthly report Dashboard in Synergi.

Cumulative count of First Aid Cases First Aid Case Frequency

10.9 2022 2023

10.5
35 10.1
34 34 10.1
33
9.1 9.2
31 9.0
8.8
8.6

7.8

24
6.4
6.0
5.6
20

14

10

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

2022 2023
Safety

HiPo Overview
Summary

Due to the strong performance in 2022, we decided to reduce the High Potential Frequency Target to 1,14 for 2023. This is a realistic target given that we managed to reach the 2023
target for 9 out the 12 months in 2022.

The massive drop in HiPo frequency that we have seen last year is a great achievement and a result of robust risk assessments and ongoing safety and quality
preparations at our worksites.

For more details see the Monthly report Dashboard in Synergi.

HiPo Count & Frequency Rate

Based on 1,000,000 exposure hours
2.00 5
1.80 1.78
1.80 5

1.60 1.46 4
2022 2023
1.40 4

1.20 3
1.14
1.00 3 Change in High Potential frequency
-86% compared to same period last year.
0.80 2
0.87
0.60 2

0.40 0.29 0.28 0.27 0.26 0.26 0.26 0.26 0.25 1

0.20 1
0.00 1
0.00
01/2022 02/2022 03/2022 04/2022 05/2022 06/2022 07/2022 08/2022 09/2022 10/2022 11/2022 12/2022 01/2023

HiPo Count Target line Rolling 12-month average

 Safety

Dropped objects
Summary

No new dropped objects recorded in January, enabling our dropped object frequency to near the target line for 2023. The frequency for proactive mitigation activities continues to increase
which hopefully will allow us to "catch" more potential dropped objects before they occurr. Proactive activities related to dropped objects include workplace dropped object inspection
reports and any specific Synergi case entries that captures potential dropped objects, including localised Hazard Hunts and workplace inspections.

For a detailed overview of dropped object cases see the Monthly report Dashboard in Synergi.

Increase in Dropped Object Increase in proactive activity

frequency by +19% frequency by +144%

Dropped Object Frequency Rate Proactive activities related to dropped objects

Based on 1,000,000 exposure hours Frequency rate based on 1,000,000 exposure hours
6.0 5.6 5.7 20 110.9
5.3
18
5.2
5.0
16
4.8
4.5 14
4.0 4.4 77.3
4.0 12
3.0 2021 2022 10 59.2 2022 2023
8
2.0
6
4 4
3 3 3 4
1.0 2
1 1 1 2
0.0 0
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan
Number of Dropped Objects Dropped Object frequency Target line Dropped Object frequency
Work at Height Status

Work Work Work Work Work

Procedure
Instruction Instruction Instruction Instruction Instruction

Aspect 1: Status: Completed

Governing Documents Documents live in eDMS.
Procedure & Work Instructions Working Working Working Working Working Working Register of comments being
at Height With With Fall With With Man
& Rescue Ladders
With
MEWPS Protection Scaffolding Riding
collated for next revision review
Baskets

4 – 14 Jan
2 – 9 Nov 25 – 5 Dec 5 – 14 Dec 1 – 16 Feb 22 – 5 Apr
1 – 10 Feb

Aspect 2: Offshore Status: Ongoing into Q1 ‘23

Work at Height Training Onboard training TBC for Edda Flora,
Offshore Onboard Vessels* Volantis, Dina Star, Siem Day, and Stril
Deep Normand Edda Normand Siem Edda
Vision Jarstein Freya Ocean Spearfish Fauna
Server. YTD 92 crew members have been
trained, in addition to 90 trained in 2022.

Status: Ongoing
Aspect 3: EU: 183 via Killingøy, 2nd pop up in March
Work at Height Training US: 40 of 44 trained via Houston (09/02)
HSE / PRS & Field Operational On-Leave Mob/Demob
Onshore Training Centres* Medics Killingøy Engineers IT & Survey Project Project Mex: 24 of 64 trained via Mexico (09/02)
Base Personnel Personnel
Africa: Onshore training TBC locally
* Certified training offering includes:
1. Work at Height Awareness
2. Rescue at Height
3. Use of Mobile Tower Scaffold
4. Personal Fall Protection Equipment
Inspection Frame agreement in place with AquaTerra for the provision of 4 trainers to align with operational requirements.

deepoceangroup.com 10
Environment

Spills to Environment summary

Summary

Three spill cases reported in January, all of which were 1 litre or less. This resulted in an increase in spill frequency.

Priority continues to be to allow suitable time for pre- and post-dive checks, review actions needed to prevent further damage to our ROV manipulators, and verify fitness of seals,
hoses, oil fittings, valves and o-rings prior to dives as these are common elements associated with our spills so far in 2022.

DeepOcean has committed to work systematically and continuously with our engineers and our Clients to prevent spills to the environment and have this as a key commitment in our
2023 strategy.

Environmental Spills Spill Volume to Sea

Number of cases and frequency
800
150 16.67 18.00 673
16.08 16.03 15.77 700
15.22
130 14.72 14.54
14.92 16.00
14.20 14.11
13.87 600
14.15
14.00
110
13.65 500
13.11 12.00
90
400
10.00
70 300
2 2 2
2 8.00 223
197
50 200
6.00 184

30 100
4.00 144
2
10 1 2 10 22 31 35 46 52 56 56 57 3 2.00 0
2019 2020 2021 2022 2023 YTD
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan 0.00
Spill Volume Spill volume target
Cumulative Less than 10l Cumulative More than 10l Rolling 12-month frequnecy Target line Spills
 Environment

Carbon Intensity Indicator Carbon Intensity Indicator

Total kg. CO2 Emitted/Total operation hrs.
Summary

Our new CII target for 2023 is an incremental 5% reduction of the achieved CII for
2022. Looking at the proactive approach put forth by our vessels and offshore 1725
personnel we are confident that we can achieve our target for the third year in a row
1708
by continuing to prioritise the following operational initiatives:
1692
- Shore power connection whenever possible; 1681 2022 CII target
(-5%) 1660
- Eco speed as default; 1662 1665 1665

- Route planning (to avoid adverse weather impacts and currents) 1651
1659 1658
1654 1653
- Bunkering water (instead of water maker onboard)
1636

Project Managers are requested to continue working with their designated HSEQS
resources to monitor and report project CO2 emissions using the Project
Sustainability Reporting in the Project Dashboard and include this reporting in all
upcoming project monthly reports (for more information).

2023 CII target

(-5%) 1566

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan

-4% Reduction compared to same period last year

CII Rolling 12-month CII target
Quality

Synergi reports
Observation reporting
Why is observation reporting important? It is a process that allows ANYONE in the company to alert worksite management of an issue that needs attention, be that an HSEQS
related issue or otherwise, both positive and negative. It gives the company a snapshot view at that point in time of what is being observed at the worksite and what is important to our
employees.
To gain true value from the observation reporting, worksite management needs to evaluate every observation and consider if further action is needed. As this point is of critical
importance to the integrity of our observation reporting process, the DeepOcean guarantee is that: EVERY OBSERVATION SUBMITTED WILL BE READ, REGISTERED AND
CONSIDERED FOR ACTION.

Note that because of the change in exposure hours (change from 24h to 12h) the reporting frequency has changed. To ensure a stretch target for 2023 DO have defined this year’s
goal as 45% increase of the last three years of IMCA Observation frequency.

Observations per Region 5 Year Observation Frequency

Target
362 552

409
393

339

91

31

510 453 562 501 483

Europe Americas Africa 2019 2020 2021 2022 2023

Total Target IMCA Observation Frequency

Quality

Synergi reports
Synergi Case Management
DeepOcean have set a 60-day target for processing HSE Accidents and Quality Non-conformances. Below are the average processing time for region and country. Last 12
months DO have processed a total of 453 Synergi cases and have an average processing time of 51 days. This is very good!

For those who still have cases pending, you can access Synergi and review “my cases” and “my actions”. This way you can start by managing your own personal cases/actions
through to close-out. Link to Synergi system.

Average case processing time last 12 months

Accidents and NCR cases in Synergi

Processing target
60

8
16 23 19 132 18 27 50 64

Angola Congo Equatorial Guinea France Ghana Mexico USA Norway United Kingdom
Africa Americas Europe

Case processing time Processing target

Quality

Self-verifications at the worksite

Self Verificartion check pr vessel

12 12 12 12 12 12 12

10 10

6
5

1
16 16 15 14 13 13 12 11 4 0

Arbol Grande Edda Fauna Normand Siem Edda Freya Normand Edda Flora Deep Vision HOS Bayou Killingøy Dina Star Volantis
Jarstein Spearfish Ocean

Selfverification completed Required # of verifications

Self Verification Categories
Summary 23 23
22
Many vessels reached and exceeded their Self-Verification target for January. The Edda Freya, Siem
Spearfish, Arbol Grande, Edda Fauna, Normand Jarstein and Normand Ocean all exceeded their targets.
14
A great thanks to everybody that have contributed to a Self-verification round. We strongly encourage the 12
10
vessels that are not reaching the Self-Verification target to evaluate why this is the case and if needed,
reach out to the HSEQS department for advice and support. 6
4
A total of 115 self-verifications were completed in January. 1
 Quality

Self-verification vs Synergi Self verification checks vs Synergi reports 2023

Line of Fire 14 4
Working at Height 16 1
Summary
Safe Mechanical Lifting 34 2
Early indications for the number of Self-Verifications undertaken Energy Isolation 41
so far in 2023 clearly highlight that year on year our main work
site activities continue to follow the five IOGP Life Saving Rules Work Authorisation 34

of Hot Work 22

- Line of fire Driving 3

Confined Space 6
- Safe Mechanical Lifting
Bypassing Safety Controls 4
- Work at heights
50 100 150 200 250 300 350 400 450
- Work authorization
2023 Self Verification Checks 2023 Synergi Reports
- Hot work

One of the key strategic objectives for 2023 is to enable

enhanced analysis of all non-conforming areas within the suite of
Self-verification checks. For example, the Bypassing Safety Self verification checks vs Synergi reports 2022
Controls is currently under revision to offer work sites and end
users a more applicable and relevant dataset of questions to Line of Fire 246 37
gain assurances. Working at Height 212 26

Safe Mechanical Lifting 341 36

Energy Isolation 45 5

Work Authorisation 432 8

Hot Work 115 4

Driving 13 8

Confined Space 60 1

Bypassing Safety Controls 17 40

50 100 150 200 250 300 350 400 450

2022 Self Verification Checks 2022 Synergi Reports

Quality

Leadership visits
Summary

The Group KPI for Senior Management Site Visits is four visits per year per senior leader to vessels /onshore worksites. The graph below shows the last 12 months of site visits.

For those that did not get out of the office and engage with our worksites to the desired level in 2022, we think 2023 will be your year☺! Remember to log your visits in the Leadership
Site Visits Power App.

A huge thanks also to worksites that have actively invited onshore leadership to visit and engage with our great offshore crews.

LEADERSHIP SITE VISITS (VIRTUAL/IN-PERSON)

LAST 12 MONTHS

16
15

6
5 5 5
4 4 4 4
Target
4

2 1 2 3 2 1 2 1 3 3
 Audit and Inspection

Master Audit Schedule

A substantial number of audits were completed in 2022, but there are also audits that we did not
manage to complete as planned. Please ensure that audits that have not been carried out as planned 75%
are moved to a realistic time for completion. Status for planned

Audit status per region last 12 months Audit status per Case type last 12 months

6
Americas 5

10
Africa 9 6

27

14
Europe 34 10
7

Internal (first-party) External (second-party) External (third-party)

Ongoing/Completed To be completed Ongoing/Completed To be completed

Please visit Audit Management SharePoint page for more information.

18
Safety Leadership Training

Safety Leadership Training delivered to Shell project team

In January, the Safety Leadership Training facilitation team received a request from the Shell Brents
Subsea Infrastructure decommissioning project Manager Fredrik Mathiesen to deliver training to the
entire project team along with Client representatives.

24 attendees & 4 shell client representatives

A further request has been received from our DOAF Managing Director Maxime Cerramon to deliver
the SLT program to our colleagues in Ghana in Q2.

Excellent at communicating key messages and

The material was excellent. It was great to hear what encouraging participation whilst ensuring all individuals
Client feedback DeepOcean are working on. The handouts, slides and in the room felt comfortable enough to speak openly.
activities/interactions enabled the room to remain engaged. Clear and concise presentations.

19
 Security

Jan 2023 – Maritime Security W-Africa focus

Event Type Jan 2022 2021 2020

Failed attack 1 9 18 44

Kidnap / Ransom 0 6 16 30

Theft 0 11 5 22

Armed robbery 0 6 10 11

Reported incidents in GoG – Jan 2023

Situational overview

An ongoing trend in decreasing numbers of pirate attacks is good news for seafarers and subsea operations in the region. Within 2022, very few incidents were reported, a trend that
had already developed in the second half of 2021. Most importantly, only two seafarers were kidnapped in 2022 after 68 hostages were taken from ships in 2021 and 142 in 2020.

Many improvements have been realised within maritime security nationally and internationally which have aided this trend within the GoG. However, piracy remains merely one
symptom of insecurity at sea. Other illicit activities remain widespread throughout West and Central Africa which may impact this trend and influence an uptick in maritime threats.
Criminal groups known to be responsible for such strikes and based in the Niger Delta in recent years have simply shifted their attention to more lucrative criminal activities for the
time being

Piracy risk level is currently assessed as moderate within the outer risk area and high within the threat areas

deepoceangroup.com
Security

Jan 2023 – Maritime Security Mexico focus

Event Type Nov 2022 2021 2020

Failed attack 0 1 1 14

Armed robbery 0 10 1 12

Reported incidents in GOM Jan 2023

Situational overview

The primary security threat within maritime operations in the Gulf of Mexico (GoM) is theft / armed robbery attacks, this had been in decline recently following significant activity within
2020. However, further incidents in the area in 2022 realize an increase in threat level within the area. During the month of Dec 2 in field PSV was boarded by perpetrators who stole
equipment and departed without harm to crew.

Recent events within the region are seeing a more organized response from vessel crews with crews identifying the treats and taking actions to prevent boarding as well as safely
mustering in citadels. This best practice approach is now seeing a reduction in violent attacks

Operators and Coast Guard authorities have increase security measures in the area to combat ongoing threats of armed robbery and theft.

Deep Ocean have limited operations within offshore GOM / Carmen / Campeche, protocol’s the risk levels within these operations are assessed as moderate

deepoceangroup.com
Security

Jan 2023 – Onshore Security

Key Notes;

24/7 travel assistance and support

As we remobilize vessels to Africa personnel should note, DeepOcean maintains travel and security support via our medical and
security partners RMI & Crisis 24 (previously known as GardaWorld).

Support is accessible to ALL travelers during travel and provides;

• Pre-travel advice and information, location specific in App or web portal (also emailed with your travel booking)
• Alerts and advice notes sent directly to your email/phone, can be set up to suite your travel in an APP or on website Personal Security
• 24/7 Medical and Security assistance

• For security advice and / or support please contact Lhorsfall@deepoceangroup.com or your line manager.

Security Information page https://deepoceangrp.sharepoint.com/sites/HSEQS/SitePages/Security.aspx

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Phone: (+47) 52 70 04 00
Fax: (+47) 52 70 04 01
Email: post@deepoceangroup.com deepoceangroup.com