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CORPORATE CODE OF CONDUCT

PREAMBE

Offshore Global Logistics Ltd is a logistics and supply chain firm whose operations span across the East African region. We pride ourselves in being at the forefront of end-to-end supply chain solutions through providing innovative, proactive, cost-effective services to our customers and in a sustainable way. Our company is committed to operating in a way that minimizes our impact on the environment, promotes positive social outcomes, and ensures good governance practices. It is of great importance that as we pursue the provision of the highest quality supply chain solutions, the highest standards of conduct and integrity be observed. Through this, we will bring more value to our customers and stakeholders while building trust and ultimately contributing to the enrichment of the values of our society. This code of conduct cuts across and applies to all our stakeholders, employees, shareholders, customers, business partners and consultants. For us to achieve this, Offshore Global logistics has set forth this Corporate Code of Conduct. We expect all our stakeholders to adhere to these standards and consider them as the minimum acceptable standards for doing business with Offshore Global Logistics Limited or any group of companies.

Principles and standards of business conduct.

Provision of quality services

We shall, at all times, endeavor to provide logistics and supply chain services of outstanding quality while paying close attention to the safety and integrity of both our business and those of our clients.

Compliance with Laws

Offshore Global Logistics complies with all the applicable laws and regulations of the countries it operates. It is therefore required that all our employees and stakeholders including contractors and agents observe the highest standards of conduct. Any businesses which contravene the laid down regulations must be turned down. Offshore shall not provide any services that are considered illegal.

Prohibition of Bribery

Offshore Global logistics prohibits payment or a promise to pay any financial or non-financial advantage of any form for the purpose of business or other gains. Employees of offshore Global Logistics are forbidden from demanding, accepting or accepting a promise of money or any form of reward for the purpose of any business or individual gain to the paying party. Prohibition of conflict of interest Offshore Global Logistics employees shall not engage into other activities, roles or tasks that can violate the interests of the company. We shall engage in trade with vendors with fairness and objectivity without violation of the interests of the company whether or not by promoting self-interests, those of a family member(s), relatives, friends, acquittances or organizations. Management must be informed whenever there is a financial participation (greater than one percent) by immediate family members.

Safeguarding company assets

Offshore Global Logistics places great value on the integrity of her employees. Our success is pegged on the innovativeness of our employees and the experience they have gained over the years. Therefore, all Offshore Global Logistics employees must ensure the business secrets of the company are kept secret. Publicizing operational and other business secrets without permission, passing information to third parties or use of information for self-gain is strictly forbidden. The use of Offshore Global logistics operational resources, including IT infrastructure by staff and stakeholders, including suppliers and clients for personal gain without the right approval, unless this has been allowed in the work contract is forbidden.

Public and Media dealings

At Offshore Global Logistics, we understand that providing the public and the media with well thought out, clear and consistent information strengthens our image. Therefore, all statements to the public or the media relating to Offshore Global Logistics can only be made after consultation and approval by the authorized employees.

Fair dealings

We value our customers, business partners and suppliers. Employees must deal fairly with our customers, business partners and suppliers and treat them with honesty and respect.

Theft and Fraud

Offshore Global Logistics employees must only use the company resources for legitimate business purposes and are mandated to protect them from theft, misuse or loss. Theft of company resources is a criminal offense.

Prohibition of conflict of interest

Offshore Global Logistics employees shall not engage into other activities, roles or tasks that can violate the interests of the company. We shall engage in trade with vendors with fairness and objectivity without violation of the interests of the company whether or not by promoting self-interests, those of a family member(s), relatives, friends, acquittances or organizations. Management must be informed whenever there is a financial participation (greater than one percent) by immediate family members.

Relationship with its People and the Society

Environmental protection

We shall uphold the legal regulations related to environmental protection and will engage actively in protection and preservation of the environment. Political and religious activities Offshore Global Logistics does not have any political or religious affiliations. The organization will not allow any political activities to be undertaken within its premises or during any of the business activities.

Prevention of Discrimination

Offshore Global Logistics guarantees its employees of a working environment free of discrimination. Any forms of aggravation or disadvantage on account of race, ethnic origin, religion, disability, age, gender or sexual identity will not be tolerated. We expect our employees and management to focus on promoting equality amongst fellow staff.

Creating and Maintaining Safe and Fair working Conditions

Offshore Global Logistics takes great responsibility for its employees and strives to ensure an attractive working environment. We strive to ensure the safety and health of our employees. We ensure fair renumeration and reasonable working hours in line with the laid out legal framework. We condemn strongly all forms of child or forced labor.

Social Contribution activities

As a good corporate citizen, Offshore Global Logistics promotes harmony with regional communities and the international society. We are actively engaged in social contribution activities through our business operations and sustainable development of our corporate value.

Sound corporate Accounting

Offshore Global Logistics shall ensure sound financial statements in compliance with the relevant laws and regulations.

Promoting Diversity

Offshore Global Logistics embraces the diversity of its employees and we recognize the importance of diversity in realizing sustainable growth through tapping into a wide range of human resources. Offshore Global Logistics Code of Conduct Version 2021.4.0

IMPLEMENTATION AND ORGANIZATION

All employees of Offshore Global Logistics Ltd are obliged to adhere by this Corporate Code of Conduct. Managerial staff are mandated with the responsibility of promoting the Code of Conduct as role models in their area of responsibility. The Code of conduct is reviewed regularly and adjusted in line with the current working conditions and legislation. Our stakeholders and clients will be notified of this corporate code of conduct.

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