ABCO SUBSEA HEALTH AND SAFETY POLICY

Our Policy

ABCO Products, Inc. is committed to the continuous improvement of environmental, health and safety performance to help achieve the greatest benefit for all our stakeholders. It is our policy to meet or exceed all applicable environmental, health and safety laws and regulations, and to facilitate full and open discussion to address responsible standards and practices where laws and regulations do not exist. Accordingly, this Environmental, Health and Safety Policy is a standard by which ABCO Products, its business units and employees are continually measured.

Our goals under this policy: Operations

• Integrate workplace environment, health and safety stewardship into our core business activities.

• Make environmental, health and safety considerations a core component in existing operations and in the planning, design and construction of new and expanded facilities, including the integration of physical risk management into our business and decision processes.

• Establish a system for total employee involvement in environmental, health and safety processes and a means to measure that participation.

Communications

• Promote workplace environment, health and safety awareness among customers and in the communities where we operate.

• Provide workplace environment, health and safety training and promote awareness among all employees.

• Cooperate and coordinate, in the spirit of partnership, with local, state and federal authorities and other stakeholders on environmental, health and safety matters and incidents.

Evaluation

• Incorporate critical workplace, health and safety performance metrics into our existing management reporting systems. Include the achievement of high workplace, health and safety standards of excellence as a component of the performance review process for each employee.

• Perform workplace, health and safety process assessments and independent compliance audits at a frequency appropriate to the size and nature of the operations and facilities, and implement corrective action. Perform evaluations of incidents and near misses through formal investigation including the identification of basic and root causes and steps to prevent reoccurrence of a similar event.

• Assess workplace, health and safety risks of existing operations, new business ventures and acquisitions. Each employee is responsible for compliance with this policy and for implementing the policy within his or her area of responsibility. The leadership of each business unit is responsible for implementing management systems with appropriate standards and procedures to carry out this policy.