CORPORATE GOVERNANCE SUMMARY

Our Corporate Governance is divided into:

1. Board Governance
The Board of Directors of Marine Platforms is responsible for the formulation of the strategic decisions of the company and supervising its business by the provisions of the Companies and Allied Matters Act, 2004.

The board of directors is led by a Non-Executive Chairman while the Chief Executive Officer oversees the day-to- day running of the Company.

The board meeting holds at least once every quarter. Extraordinary meetings are held if there is an urgent need for the attention of the board.

The office of the Company Secretary is functional and active. She circulates the board papers ahead of the meeting to all the directors. It is a requirement for all the directors to attend statutory meetings of the Company.

2. Shareholders’ Matters
We have a duly constituted board of directors comprising of three shareholders, executive and non-executive directors whose goal is to act in the best interest of the company.

3. Internal Control
We have a compliance team that ensures our processes complies with the applicable laws while our financial audit is carried out by KPMG professionals.

4. Anti-Corruption Initiatives
On the 14th of April 2016, Marine Platforms signed an anti-bribery and corruption policy in a bid to encourage good corporate governance. Marine Platforms and its employees have the responsibility to comply with the existing laws on corruption and to be prohibit it.

Business Conduct and Ethics
Marine Platforms and its employees have a broad reputation for performing our operations and dealings with our Clients with honesty and integrity. Marine Platforms code of conduct policy provides information about how we carry out the activities of the company.

Business Partner Non-Solicitation Policy
All our business partners and contractors pledge to upholding this policy upon registration with Marine Platforms, and it emphasizes that they will not accept or offer bribes to employees.