Mooreast Whistleblowing Policy

Whistleblowing Policy / Reporting
Mooreast and its subsidiaries do not tolerate any malpractice, impropriety, statutory non-compliance, unethical conduct or wrongdoing by any employee or other party in the course of their dealings with the Company.

This policy provides a responsible, secure and confidential framework for whistleblowing without fear of adverse consequences. Mooreast aims to ensure that anyone, including individuals who have no relationship or affiliation with Mooreast, can raise concerns regarding misconduct, irregularities, malpractices or other wrongdoing.

Mooreast will ensure that concerns raised in good faith are taken seriously, appropriately assessed and investigated where necessary, with the outcome communicated to the whistle-blower where appropriate.

Policy Objectives
The objectives of this policy are to:

a) Encourage the timely reporting of alleged malpractice, misconduct, unethical conduct or wrongdoing;

b) Provide a confidential channel for escalation of concerns without fear of reprisal;

c) Ensure consistent, fair and timely response to reported improprieties and appropriate communication with whistle-blowers;

d) Ensure appropriate oversight by the Board of Directors and/or Audit Committee;

e) Prevent and deter misconduct and other wrongdoing;

f) Protect the legitimate interests and rights of Mooreast; and

g) Promote a culture of openness, accountability and integrity.

Protection Against Retaliation
Mooreast prohibits retaliation, harassment, victimisation, intimidation, discrimination or any other adverse action against any person who, in good faith, raises a concern, makes a report, provides information or assists with an investigation under this policy.

Any individual who believes that they have experienced retaliation or adverse treatment as a result of making a report or assisting with an investigation should report the matter through the whistleblowing channel.

Any person found to have engaged in retaliation, harassment, victimisation, intimidation, discrimination or other adverse conduct against a whistle-blower may be subject to appropriate disciplinary or other action in accordance with applicable Company policies and laws.

This protection applies to reports made in good faith, even where the concern is subsequently found to be unsubstantiated. However, deliberately false, malicious or misleading reports may be subject to appropriate action.

Reporting Channel
To encourage individuals to raise concerns in good faith, Mooreast has established a dedicated communication channel for reporting concerns to the Audit Committee.

Reports may be submitted anonymously, and individuals may choose not to disclose their identity.

Address:
51 Shipyard Road
Mooreast Offshore Base
Singapore 628139
Attention: Audit Committee

Email: whistleblow@mooreast.com

Where the identity of a whistle-blower is provided, Mooreast will keep the identity and information relating to the report confidential, except where disclosure is required by law or is necessary for the proper investigation or handling of the matter.

Investigation and Follow-up
All reports will be handled appropriately and confidentially. The Audit Committee or its designated representative will assess the report and determine the appropriate course of action, including whether further investigation is required.

Where contact details have been provided, the whistle-blower may be contacted for additional information where necessary.

Review of Policy
This policy shall be reviewed regularly. Mooreast may amend this policy where necessary to comply with applicable laws and regulations or to accommodate organisational changes.

The Head of Audit Committee shall be responsible for coordinating the review of this policy. Internal Audit may review management’s compliance with this policy and recommend improvements or updates as necessary to ensure its continued effectiveness.