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Sto

p W

or

k P

olic

y

B-POL-01.0003

Revision 02. Original date: 24 February 2010. Revision date: 21 November 2011.

Policy prepared by: Vice President HSE. Approved by: COMEX. Validated by: Quality Director of BOURBON.

1 / 1

BOURBON believes that all incidents are preventable.

All persons, employees and contractors, working at or visiting any BOURBON vessels, shore bases and

offices

shall

follow these two key principles with regard to working safely at all times:

1. E

n

g

a

g

e

i

n a

ll

w

or

k sa

f

e

l

y

or

n

ot

a

t

a

ll.

2. Th

e

r

e

i

s

a

l

ways

tim

e

to co

ndu

ct

a

ll t

asks

corr

e

ctl

y and

th

e

r

e

f

or

e

SAFELY.

All persons working at or visiting any BOURBON vessels, shore bases and offices have the right and

obligation to

STO

P

ANY

W

ORK

that they consider may create any unmanaged risk to personnel, the

environment or assets. All persons

shall

also support the STOP WORK decisions of others.

TH

I

S

I

S YOUR RES

P

ONS

I

B

I

L

I

TY AND YOU HAVE FULL AUTHOR

I

TY

.

It is also an expectation and obligation for anyone stopping work in such circumstances to bring such

conditions immediately to the attention of their immediate supervisor, who is responsible for informing the

Vessel and/or Operational Management (as applicable.) Such Management must be involved in the

assessment and resolving process.

No work will resume until all STOP WORK issues and concerns have been properly assessed and resolved.

BOURBON encourages and

shall

fully support STOP WORK decisions.

No form of retribution will be tolerated against any person who in good faith exercises his or her authority in

conformance with the intent of this Policy.

Christian Lefèvre

Chief Executive Officer

Gaël Bodénès

Chief Operating Officer

Laurent Renard

Chief Financial Officer

25