57 ANNUAL REPORT 2024 ETHICAL GOVERNANCE (CONT’D) Corporate Governance and Anti-Corruption Effective corporate governance is essential for operational stability and building stakeholder trust at Keyfield. Our policies underscore the Group’s commitment to transparency, defining the roles and responsibilities of the Board. We reinforce our governance with a zero-tolerance policy on bribery while promoting a culture of merit, diversity and integrity. Corporate Governance In line with the principles set forth in the MCCG 2021, the Group has established the following policies to ensure transparency, accountability, and ethical conduct throughout our operations. Corporate Disclosure Policy Forms the Group’s commitment to ensuring transparency, accuracy, and timeliness in disclosing information Director’s Fit and Proper Policy Defines criteria for Director appointments and re-elections, focusing on merit, diversity, integrity and competence Anti Bribery and Corruption Policy Prohibits bribery and corruption, ensuring that the company upholds ethical business practices in all operations Board Charter Policy Delineates the roles, responsibilities, and governance practices of the Board, ensuring effective governance and shareholder Board Diversity Policy Outlines the commitment to a diverse Board that enhances decision-making, fosters inclusion, and aligns with corporate goals Remuneration Policy Outlines the structure for determining the remuneration of directors and senior management based on their performance, skills, and the company’s objectives Code of Conduct and Business Ethics Policy Safeguards our reputation through ethical practices, integrity, and accountability Related Party Transactions Policy Ensures that transactions with related parties are conducted at arm’s length and on terms that are fair to the company and its shareholders Whistle-Blowing Policy Establishes a confidential process for stakeholders to report concerns related to malpractices and improprieties Keyfield's corporate governance policies can be accessed at: https://keyfieldoffshore.com/corporate-governance/ SUSTAINABILITY STATEMENT FY2024 (cont’d)
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