CORPORATE GOVERNANCE, RISK & COMPLIANCE

INTEGRITY · ACCOUNTABILITY · RESPONSIBLE BUSINESS

At METTA PETROLEUM PTE. LTD., we believe that sustainable business relationships are built upon integrity, transparency, accountability and trust.
Operating in international energy and commodity markets requires disciplined commercial judgement, responsible risk management and appropriate attention to regulatory and compliance requirements.
Our approach is therefore guided not only by commercial objectives, but also by a commitment to responsible business conduct, appropriate due diligence and the development of long-term relationships with credible customers, suppliers, commercial counterparties, financial-instrument providers, financial counterparties, professional advisors and strategic partners.

01 | SANCTIONS COMPLIANCE & PRODUCT ORIGIN

METTA PETROLEUM is committed to responsible and compliant international trade and does not knowingly engage in petroleum, oil, gas or energy transactions involving sanctioned or prohibited product origins, countries, entities, persons, vessels, banks or other counterparties where participation would contravene applicable sanctions, trade restrictions or laws.
All prospective transactions are subject to appropriate sanctions and counterparty screening. Where relevant, METTA PETROLEUM seeks to establish the origin and supply chain of the product, the identity and authority of the seller or title holder, the loading location, vessel and shipping parties, financial counterparties and other material participants before proceeding with a transaction.
Where product origin, ownership, sanctions exposure or the identity of a material transaction party cannot be satisfactorily established, METTA PETROLEUM may decline, suspend or discontinue the opportunity.

02 | CORPORATE GOVERNANCE

Building Trust Through Responsible Governance
Good corporate governance provides the foundation for responsible and sustainable business.
METTA PETROLEUM seeks to conduct its affairs with appropriate oversight, accountability and commercial discipline while maintaining clear responsibilities for business decisions and corporate conduct.
Our governance principles are centred upon:
Integrity — Conducting business honestly and ethically.
Accountability — Taking responsibility for our decisions, commitments and actions.
Transparency — Promoting clear and accurate communication with relevant stakeholders.
Commercial Discipline — Evaluating opportunities based upon sound commercial judgement rather than transaction volume alone.
Compliance — Conducting business in accordance with applicable laws, regulations, contractual obligations and relevant compliance requirements.
Long-Term Value Creation — Building sustainable relationships and creating value beyond individual transactions.

03 | BUSINESS ETHICS & INTEGRITY

Doing Business the Right Way
Integrity is fundamental to the METTA philosophy.
We seek to conduct our business fairly, professionally and responsibly and expect similar standards from the counterparties and partners with whom we engage.
Our approach emphasises:
Honest and fair dealing
Accurate representation of commercial information
Respect for contractual commitments
Confidentiality of commercially sensitive information
Avoidance of improper business practices
Appropriate management of conflicts of interest
Respectful and professional conduct
Responsible decision-making
Our objective is straightforward:
To build relationships in which trust is earned through consistent conduct and responsible execution.

04 | COUNTERPARTY DUE DILIGENCE

Know Who You Do Business With
International energy and commodities trading involves complex supply chains, multiple jurisdictions and substantial commercial commitments.
Understanding our counterparties is therefore an important part of responsible transaction management.
Depending upon the nature, value, jurisdiction and risk profile of a proposed transaction, METTA PETROLEUM may undertake appropriate counterparty due diligence before proceeding.
This may include consideration of:
Know Your Customer (KYC)
Understanding the identity and background of customers and counterparties.
Know Your Business (KYB)
Reviewing relevant corporate information, ownership and business activities.
Corporate Verification
Reviewing available incorporation, registration and corporate information.
Beneficial Ownership
Seeking appropriate information regarding ownership and control where relevant.
Commercial Background
Considering business history, reputation and transaction experience where appropriate.
Transaction Purpose
Understanding the commercial rationale and underlying nature of the proposed transaction.
Our objective is to engage with credible counterparties and pursue transactions that meet appropriate commercial, compliance and risk-management standards.

05 | AML & CFT

Supporting Responsible International Trade
International energy and commodity trading can involve substantial cross-border financial flows.
METTA PETROLEUM recognises the importance of appropriate measures relating to Anti-Money Laundering (AML) and Countering the Financing of Terrorism (CFT).
Depending upon the transaction and applicable requirements, relevant considerations may include:
Counterparty identification
Beneficial ownership information
Source and purpose of funds where appropriate
Transaction structure
Payment arrangements
Financial counterparties and relevant banking parties
Jurisdictional considerations
Unusual transaction characteristics
Where concerns cannot be satisfactorily addressed, METTA PETROLEUM may decline to proceed with a proposed transaction.

06 | SANCTIONS & TRADE COMPLIANCE

Responsible Cross-Border Trading
International energy and commodities trading operates across multiple jurisdictions and is subject to evolving trade restrictions and sanctions regimes.
METTA PETROLEUM recognises the importance of considering applicable sanctions and trade restrictions when evaluating international transactions.
Depending upon the nature of the transaction, relevant parties may include:
Buyers and sellers
Beneficial owners
Financial counterparties, providers, banks and financial institutions
Vessels and shipowners
Shipping and logistics providers
Countries of origin and destination
Other material transaction participants
Transactions may also require consideration of applicable import, export, customs or trade-control requirements.
METTA PETROLEUM does not seek to participate in transactions that would knowingly contravene applicable laws, sanctions or trade restrictions.
METTA PETROLEUM is committed to conducting business without bribery, corruption or improper influence.
We do not support the offering, requesting, giving or receiving of improper payments or benefits intended to influence business decisions.
Our approach applies to dealings with:
Customers
Suppliers
Intermediaries
Agents
Consultants
Service providers
Government-related parties
Other business partners
Business opportunities should be pursued through commercial merit, professional capability and mutual value.

07 | ANTI-BRIBERY & ANTI-CORRUPTION

Integrity Without Compromise
METTA PETROLEUM is committed to conducting business without bribery, corruption or improper influence.
We do not support the offering, requesting, giving or receiving of improper payments or benefits intended to influence business decisions.
Our approach applies to dealings with:
Customers
Suppliers
Intermediaries
Agents
Consultants
Service providers Financial counterparties and financial-instrument providers
Government-related parties
Other business partners
Business opportunities should be pursued through commercial merit, professional capability and mutual value.

08 | COMMERCIAL & TRANSACTION RISK

Disciplined Evaluation Before Execution
Every physical energy and commodities transaction carries commercial and operational risks.
METTA PETROLEUM seeks to evaluate material transaction considerations before committing to a trade.
Depending upon the transaction, these may include:
Counterparty Risk
The ability and willingness of contractual parties to perform their obligations.
Product Risk
Product specification, quality, availability and quantity.
Price Risk
Market movements and the pricing mechanism applicable to the transaction.
Credit & Payment Risk
Payment terms, financial instruments, providers requirements and relevant banking arrangements.
Logistics Risk
Shipping, storage, port, terminal and delivery considerations.
Documentation Risk
Accuracy, authenticity and consistency of transaction documentation.
Jurisdictional Risk
Legal, regulatory and geopolitical considerations relevant to the transaction.
Operational Risk
Events that may affect loading, transportation, inspection or delivery.
The objective is not to eliminate every commercial risk—which is impossible—but to identify, understand and manage risk responsibly.

09 | DOCUMENTATION INTEGRITY

Confidence Through Reliable Documentation
Documentation plays a critical role in international energy and commodities trading.
METTA PETROLEUM recognises the importance of ensuring that material commercial and transaction documents are appropriately reviewed and consistent with agreed contractual requirements.
Depending upon the transaction, documentation may include:
Corporate documents
Commercial contracts
Invoices
Product documentation
Certificates of Origin
Inspection reports
Bills of Lading
Vessel documentation
Insurance documents
Terminal or storage documents
Financial-instrument, banking and payment documentation
Export or customs documentation where applicable
Where appropriate, information may be independently verified or clarification sought from the relevant providers, issuing institution or responsible party.

10 | FINANCIAL INTEGRITY & TRADE FINANCE

Responsible Financial Structures
METTA PETROLEUM seeks to ensure that payment and trade-finance arrangements supporting qualifying transactions are commercially appropriate and acceptable to the relevant counterparties, financial-instrument providers and financial parties.
Depending upon the transaction, payment structures may involve recognised banking instruments or other agreed settlement mechanisms.
METTA PETROLEUM may work with established SBLC / DLC providers, financial counterparties and other independent financial-solution providers to facilitate appropriate trade-finance arrangements supporting qualifying underlying transactions. The relevant provider, in turn, may coordinate with suitable issuing banks or financial institutions.
All financial-instrument and trade-finance arrangements remain subject to transaction assessment, due-diligence, KYC/AML and compliance requirements, provider procedures, applicable banking requirements and acceptance by the respective financial partners.
METTA PETROLEUM acts as an introducer, commercial facilitator and transaction coordinator where financial arrangements are required for third-party qualifying transactions and does not itself issue banking instruments. Where METTA PETROLEUM participates as a principal buyer in a petroleum, energy or commodity transaction, the Company is responsible for satisfying the financial-capability and payment-security requirements agreed with the seller, which may include arranging acceptable bank-issued payment instruments, guarantees, collateral or other agreed payment arrangements through appropriate financial institutions, subject to the contractual terms, credit approval and applicable banking procedures.

11 | RESPONSIBLE INTERMEDIARIES & BUSINESS PARTNERS

METTA PETROLEUM recognises that agents, introducers, brokers, consultants and other intermediaries may participate in international business development.
Where appropriate, we seek to understand:
The identity of the intermediary
Their role in the proposed transaction
The party they represent
Their commercial authority where relevant
The nature of compensation arrangements
Potential conflicts of interest
Relevant compliance considerations
We believe intermediaries should add legitimate commercial value and operate with appropriate transparency and professionalism.

12 | CONFIDENTIALITY & INFORMATION RESPONSIBILITY

Protecting Business Relationships
International energy, commodities and financial transactions frequently involve commercially sensitive information.
METTA PETROLEUM respects the confidentiality of information entrusted to us and seeks to handle commercial, corporate and transaction information responsibly.
Where appropriate, confidentiality arrangements may be established between parties to protect commercially sensitive information.
Information should be shared only with relevant parties and for legitimate business purposes, subject to contractual and legal requirements.

13 | CONTINUOUS RISK AWARENESS

Governance Is an Ongoing Responsibility
Energy and commodities markets, regulatory requirements, geopolitical conditions and commercial risks continue to evolve.
METTA PETROLEUM therefore views governance, risk awareness and responsible business conduct as ongoing responsibilities rather than one-time exercises.
As our business develops, we seek to continually strengthen our internal practices, commercial controls and risk-management capabilities in line with the scale and complexity of our activities.

14 | THE METTA STANDARD

Integrity in Every Relationship
At METTA PETROLEUM, responsible business is not separate from commercial success.
We believe the two should reinforce one another.
Our objective is to conduct business with counterparties who share our commitment to:
Integrity · Transparency · Professionalism · Compliance · Mutual Respect
By combining sound commercial judgement with responsible business practices, we seek to build relationships capable of enduring beyond individual transactions.
Trust is not simply part of our business. It is the foundation upon which our business is built.