OKEA ASA

Environmental & Social Information • Mar 30, 2021

Appendix: GRI INDEX

General disclosures	Disclosure description	Boundary	Part omitted, reason, explanation.	Notes, Sources, and connections to other frame works
102 General Disclosures Organi zational Profile	102-1 Name	OKEA ASA
102 General Disclosures Organi zational Profile	102-2 Activities, brands, products, ser vices	OKEA ASA
102 General Disclosures Organi zational Profile	102-3 Location of Headquarters	OKEA ASA
102 General Disclosures Organi zational Profile	102-4 Location of Operations	OKEA ASA
102 General Disclosures Organi zational Profile	102-5 Ownership and Legal Form	OKEA ASA
102 General Disclosures Organi zational Profile	102-6 Markets Served.	OKEA ASA
102 General Disclosures Organi zational Profile	102-7 Scale of the organization	OKEA ASA
102 General Disclosures Organi zational Profile	102-8 Information on employees and other workers	OKEA ASA
102 General Disclosures Organi zational Profile	102-9 Supply Chain	OKEA ASA
102 General Disclosures Organi zational Profile	102-10 Significant changes to org & supply chain	OKEA ASA
102 General Disclosures Organi zational Profile	102-10 Significant changes to org & supply chain	OKEA ASA

102 General Disclosures Organiza tional Profile	102-11 Precautionary Principle or ap proach	OKEA ASA
102 General Disclosures Organi zational Profile	102-12 External initiatives	OKEA ASA
102 General Disclosures Organi zational Profile	102-13 Membership of associations	OKEA ASA
Strategy	102-14 Statement form senior deci sion-maker.	OKEA ASA
Strategy	102-15 Key impacts, risks, and opportu nities	OKEA ASA
Ethics & Integrity	102-16 Values, principles, standards, and norms of behaviour	OKEA ASA
Ethics & Integrity	102-17 Mechanisms for advice and con cerns about ethics	OKEA ASA
Governance	102-18 Governance structure	OKEA ASA
Stakeholder engagement	102-40 List of stakeholder groups	OKEA ASA
Stakeholder engagement	102-41 Collective bargaining agreements	OKEA ASA
Stakeholder engagement	102-42 Identifying and selecting stake holders.	OKEA ASA
Stakeholder engagement	102-43 Approach to stakeholder engage ment	OKEA ASA
Stakeholder engagement	102-44 Key topics and concerns raised.	OKEA ASA
Reporting practice	102-45 Entities included in the consoli dated financial statements.	OKEA ASA
Reporting practice	102-46 Defining report content and topic Boundaries.	OKEA ASA
Reporting practice	102-47 List of Material Topics	OKEA ASA
Reporting practice	102-50 Reporting period	OKEA ASA

Reporting practice	102-51 Date of most recent report	OKEA ASA
Reporting practice	102-52 Reporting cycle	OKEA ASA
Reporting practice	102-53 Contact points for questions regarding the report	OKEA ASA	Please contact VP Investor relations or VP Legal Marit Moen Vik- Langlie, if you have any questions. trond.omdal@okea.no Tel +47 71564344 marit.viklanglie@okea.no Tel +47 71564231
Reporting practice	102-54 Claims of reporting in accordance with GRI standards	OKEA ASA
Reporting practice	102-55 GRI content index	OKEA ASA
Reporting practice	102-56 External assurance	OKEA ASA
200 Economic	201 Economic performance	OKEA ASA
200 Economic	201-1 Direct economic value generated and distributed.	OKEA ASA
200 Economic	201-2 Financial implications and other risks and opportunities due to climate change	OKEA ASA
200 Economic	201-3 Defined benefit plan obligations and other retirement plans	OKEA ASA
200 Economic	203 Indirect economic impact	OKEA ASA
200 Economic	203-1 Infrastructure investments and services supported.	OKEA ASA
200 Economic	203-2 Significant indirect economic impacts	OKEA ASA
200 Economic	204 Procurement practices	OKEA ASA
200 Economic	204-1 Proportion of spending on local suppliers	OKEA ASA
200 Economic	Anti-corruptions	OKEA ASA
200 Economic	205-1 Operations assessed for risks relat ed to corruption.	OKEA ASA

200 Economic	205-2 Communication and training about anti-corruption policies and pro cedures	OKEA ASA	Information unavailable. OKEA will consider establishing reporting on this in 2021.
200 Economic	205-3 Confirmed incidents of corruption and actions taken.	OKEA ASA
200 Economic	206-1 Legal actions for anti-competitive behaviour, anti-trust, and monopoly practices	OKEA ASA
200 Economic	207 Tax	OKEA ASA
200 Economic	207 -1 Approach to tax	OKEA ASA
200 Economic	207-2 Tax governance, control, and risk management	OKEA ASA
200 Economic	207-3 Stakeholder engagement and management of concerns related to tax.	OKEA ASA
200 Economic	207-4 Country by country reporting	OKEA ASA
300 Environmental	301 Materials	OKEA ASA
300 Environmental	301-1 Materials used by weight or volume.	OKEA ASA	Information unavailable.	Materials are not among the top material issues for OKEA. Based on SASB and IPIECA materiality map, ma terials are not likely to be material for the sector).
	302 Energy	OKEA ASA
300 Environmental	302-1 Energy consumption within the organization	Operational control		We report total energy consumption aligned with industry guidelines.
300 Environmental	302-2 Energy consumption outside of the organization	OKEA ASA	Information unavailable. OKEA will consider establishing reporting on this in 2021.
300 Environmental	302-3 Energy intensity	OKEA ASA	By dividing annual consumption (numeration) by various measures of physical scale (denominator)	The energy intensity calculation is based on total ener gy consumption within the organization (GJ) divided with production volumes (Boe).
				• SDG: 12 • UNGC: Principle 7, Principle 8 • SASB: General Issue / Energy Management (See also: SASB Industry Standards)
300 Environmental	302-4 Reduction of energy consumption	OKEA ASA
300 Environmental	302-5 Reductions in energy require ments of products and services	OKEA ASA	Information unavailable. OKEA will consider establishing reporting on this in 2021.

300 Environmental	303 Water and effluents	OKEA ASA
300 Environmental	303-1 Interactions with water as a shared resource	Operational control	Information unavailable. OKEA will consider establishing reporting on this in 2021.
300 Environmental	304 Biodiversity	OKEA ASA
300 Environmental	304-1 Operational sites in or adjacent to protected areas and areas of high biodi versity values outside protected areas.	Operational control		Freshwater withdrawal from surface water, ground water and municipal water supplies are merged and reported as 'Total freshwater withdrawal'. Other water sources are not used. Reported numbers are based on water bunkering data. Our reporting is limited to fresh water and not broken down into the categories required by GRI.
300 Environmental	304-2 Significant impacts of activities products and services on biodiversity	Operational control
300 Environmental	304-3 Habitats protected or restored.	Operational control
300 Environmental	304-4 IUCN Red List species and national conservation list species in areas affected by operations.	Operational control
300 Environmental	305 Emissions	OKEA ASA
300 Environmental	305-1 Direct (Scope 1) GHG emissions	Operational control		Direct GHG emissions (CO₂ e) includes CO₂, methane and N2O, calculated from GWP100 values from AR4. Emissions subject to quotas are verified annually by Ecoxy in accordance with EU regulations and ISO 14065. CH4 (Methane)are N103 combustion in NEMS, using GWP100 valuesfrom AR4. N2O calculated from GWP100 values from AR4.
300 Environmental	305-2 Energy indirect (Scope 2) GHG emissions	Operational control	Emissions are reported on opera tional basis.	Includes electricity (marked based) with the factor 0,396 (NVE: kg CO₂/KWh) and district heating with the factor 0,011 (Norsk Energi: kg CO₂/KWh) and location based with the factor 0,017 (NVE: kg CO₂/KWh)
300 Environmental	305-3 Other indirect (Scope 3) GHG emissions	OKEA ASA		The Scope 3 emissions are calculated for waste gener ated in operations with the use of the standard: https:// ghgprotocol.org/sites/default/files/standards_support ing/Ch5_GHGP_Tech.pdf

300 Environmental	305-4 GHG emissions intensity CO2e emission intensity CO2 emissions intensity (equity share) Methane Intensity	Operational control/Equity basis		Methane intensity: Percentage of methane emissions from gross direct (Scope 1) GHG emissions
300 Environmental	305-5 Reduction of GHG emissions	Operational control	Emissions are reported on opera tional basis.	GRI 305-7 b: Gas combustion is the main source for NOx in OKEA. The NOx factor for the fuel gas is calculated using Predictive Emission Modelling (PEMS). Emissions of Sox are a function of the sulphur content of the fuel gas. NOBERG's Supervisor for Emission Reporting (NOROG 044) describes the calculation of the emission factor for Sox. The gas produced on Draugen is treated with H2S scavenger. The Sox factor is calculated based on an average content of H2S of 12 ppm. Sox emissions is calculated in NEMS, and the emission factors used for calculating emissions factors are docu mented in NEMS. Emissions of NOx, CH4 and nmVOC are calculated in NEMS. Standard factors (NOROG guide 044) are used to calculate emissions of CH4 and nmVOC. GRI 305-7 c: Fees Regulations - Tax on NOx emissions NOROG 044- Recommended guidelines emissions and discharge reporting
300 Environmental	305-7 NOx, Sox, and other significant air emissions	Operational control
300 Environmental	306 Waste	OKEA ASA
300 Environmental	306-1 Water discharge by type and dis posal method	Operational control
300 Environmental	306-2 Waste by type and disposal method	Operational control		Reused, recycled, and recovered (incl. energy recovery) waste is merged and reported as 'waste. recovered' in the reported total waste generated. Waste other than 'waste recovered' are sent to final storage fa cility or incinerated without energy recovery. The above applies to both hazardous and non-hazardous waste.

400 Social	403-2 Hazard identification, risk assess ment and incident investigation	OKEA ASA
400 Social	403-3 Occupational health services	OKEA ASA
400 Social	403-4 Worker participation, consultation and communication on occupational health and safety	OKEA ASA
400 Social	403-5 Worker training on occupational health and safety	OKEA ASA
400 Social	403-6 Promotion of worker health	OKEA ASA
400 Social	403-7 Prevention and mitigation of occupational health and safety impacts directly linked by business relationships.	OKEA ASA	OKEA`s scope for recording, reporting and follow up in cidents include all activities operated/ controlled by the company and certain activities operated/ controlled by business relationships. Business relationships comprise non-operated joint ventures, non-controlled companies, and supply chain activities. Evaluation of whether health and safety impacts linked to our operations and activi ties through our business relationships shall be included in our scope of ongoing risk management, incident registration, verification work, follow-up and implemen tation of mitigating actions is decided on a case-by-case basis.
400 Social	403-8 Workers covered by an occupa tional health and safety management system.	OKEA ASA
400 Social	403-9 Work-related injuries	Operational control	Total number of injuries and fatalities, relative to the total workforce. • SDG:3 • SASB: General Issue / Employee Health & Safety
400 Social	403-10 Work-related ill-health	Operational control
400 Social	404 Training and Education	OKEA ASA
400 Social	404-1 Average hours of training per year per employee	OKEA ASA
400 Social	404-2 Programs for upgrading employee skills and transition assistance programs.	OKEA ASA
400 Social	404-3 Percentage of employees receiving regular performance and career develop ment reviews.	OKEA ASA
400 Social	405 Diversity and Equal Opportunity	OKEA ASA

400 Social	405-1 Diversity of governance bodies and employees	OKEA ASA	Percentage of male-to-female metrics, broken down by various organizational levels. • UNGC: Principle 6 • SASB: General Issue / Employee Engagement, Diversity & Inclusion
400 Social	405-2 Ratio of basic salary and remunera tion of women to men	OKEA ASA	As a ratio: the median total compensation for men com pared to the median total compensation for women. • UNGC: Principle 6 • SASB: General Issue / Employee Engagement, Diversity & Inclusion
400 Social	406 Non-discrimination	OKEA ASA
400 Social	406-1 Incidents of discrimination and corrective actions taken.	OKEA ASA
400 Social	407 Freedom of association and collec tive bargaining	OKEA ASA
400 Social	407-1 Operations and suppliers in which the right to freedom of association and collective bargaining may be at risk.	OKEA ASA
400 Social	408 Child Labour	OKEA ASA
400 Social	408-1 Operations and suppliers at signifi cant risk for incidents of child labour	OKEA ASA
400 Social	409 Forced or Compulsory Labour	OKEA ASA
400 Social	409-1 Operations and suppliers at signifi cant risk for incidents of forced labour	OKEA ASA
400 Social	411 Rights of Indigenous People	OKEA ASA
400 Social	411-1 Incidents of violations involving rights of Indigenous people.	OKEA ASA
400 Social	412 Human Rights Assessment	OKEA ASA

400 Social	412-1 Operations that have been subject to human rights reviews or impact assessments.	OKEA ASA
400 Social	412-2 Employee training on human rights policies or procedures	OKEA ASA
400 Social	412-3 Significant investment agreements and contracts that include human rights clauses or that underwent human rights screening.	OKEA ASA
400 Social	413 Local Communities	OKEA ASA
400 Social	413-1 Operations with local community engagement, impact assessment and development programs	OKEA ASA
400 Social	414 Supplier Social Assessment	OKEA ASA
400 Social	414-1 New suppliers that were screened using social criteria.	OKEA ASA
400 Social	414-2 Negative social impacts in the supply chain and actions taken.	OKEA ASA	This applies to all suppliers that OKEA has contracted.
400 Social	415 Public Policy	OKEA ASA
400 Social	415-1 Political contributions	OKEA ASA
400 Social	419 Socioeconomic Compliance	OKEA ASA
400 Social	419-1 Non-compliance with laws and reg ulations in the social and economic area	OKEA ASA