FUGRO-ROVTECH LIMITED has a formal HSE Policy and Quality Policy. These policies are displayed on all vessel and office notice boards and they are readily available to all employees via the IMS.Policies are provided to clients on request. Personnel are notified of any changes made to policystatements. A signed copy of FUGRO-ROVTECH LIMITED's HSE Policy and Quality Policy are enclosed below.

The Company as a minimum, complies with all relevant international health, safety andenvironmental protection legislation.
Although some legislation excludes sea going ships covered by regulations of the country of vesselregistration, the Company believes that the HSE management principles and practices embodied init represent sound management philosophy. It will therefore comply with that legislation as far as isreasonably practicable.

FUGRO-ROVTECH LIMITED is an active member of the International Marine Contractors Association (IMCA) and has contributed to their work on improved safety management and environmental protection systems.
FUGRO–ROVTECH LIMITED operates its own Annual Safety Awards Scheme for the vessels itoperates. This has resulted in multiple annual awards for the company's owned and long termcharter vessels and individual awards to a number of its shorter term chartered vessels.

FUGRO-ROVTECH LIMITED has a hierarchy of reporting systems which ensure that QHSE related issues are monitored at all levels of the organisation. QHSE performance is addressed at each of thefollowing meetings:

• Project briefing and debriefing meetings;
• Project Kick-off meetings;
• Weekly production meetings;
• Monthly Departmental safety meetings;
• Managers meetings;
• Quarterly Management Review meetings.

Internal auditing is a key component of the FUGRO-ROVTECH LIMITED IMS. Internal auditors have been trained and a planned, systematic, audit schedule is maintained to audit all business processes on an annual basis. Each of the Company's permanent vessels is audited annually. When ad-hoc vessels are used, they are audited before operations commence. InternalHSE audits of the office/workshop premises are also conducted. External specialists are employed toassist in audits where considered appropriate.