Icon Energy Limited Annual Report 2017

OPERATING SAFELY Icon Energy has developed a comprehensive Safety Management System and is committed to the safety of its staff, contractors and joint venture partners. Our safety strategies and culture are focused on maintaining a safe and incident free work place as our highest priority. Icon has always and will continue to work with its joint venture partners to raise safety awareness and promote positive safety behaviour in the field. Icon Energy has a strong focus on contractor management, contractor pre-qualification process and training which has contributed to no safety incidents being recorded this year. Icon Energy appreciates the efforts made by its contractors, associates and employees, for their contribution in maintaining our excellent safety record. ENVIRONMENTAL MANAGEMENT Icon Energy is committed to ensuring that the impacts of Icon’s operations on the environment are minimal. As part of our planning, operations and rehabilitation activities, we continually monitor our environmental performance to strict criteria. Icon Energy is proud to report, that we have maintained our zero environmental incidents record. Environmental planning and research is conducted at the outset of each and every Icon Energy Project. From pre-project to post-project, environmental management measures are employed, checked, maintained and recorded. At Icon Energy, we operate with care and respect under our Environmental Authorities to ensure the natural environments in which we work are preserved for the future. We take the time to plan, assess, monitor and rehabilitate our projects responsibly. We respect the environment and acknowledge that our care and planning will foster ecosystems, maintain species and honour the livelihood of the people we work with and in the wider community. Wherever the opportunity arises, Icon Energy seeks to employ fellow stakeholders and the local community. Icon Energy’s operational health and safety officers and operations staff are required to complete all the necessary accreditation to ensure that all personnel remain fully compliant with the oil and gas industry’s stringent health, safety and environmental policies and procedures. WORKING TO BENEFIT ALL COMMUNITIES AND CULTURES Icon Energy’s community engagement is focused on maintaining long-term, collaborative and trusting relationships amongst the communities in which we operate. Icon Energy respects all cultures and people, seeking to foster their prosperity, quality of life and their relationship with the land, climate and water resources. Icon Energy is committed to upholding its strong relationships, built up over the past 25 years, with our fellow landholders. Where we operate, we ensure that all landholders and traditional owners are consulted and their needs considered prior to conducting any activities. At Icon Energy, we believe that sustainability is about working safely, effectively and harmoniously with the community and the environment. We ensure that we work efficiently to minimise our impact on the environment, while also looking to benefit the communities in which we operate. 11 ICON ENERGY ANNUAL REPORT 2017 SUSTAINABILITY REPORT