At Kosmos, we see our interactions with local business partners as another way to contribute to the countries in which we operate. In fact, in the event of exploration success, oil and gas development can be an important engine of economic development. We maintain high standards for our suppliers and commercial partners in terms of safety, the environment, and anti-corruption. Suppliers are required to adhere to our Business Principles. Their willingness to observe the standards articulated in our Business Principles and supporting policies is a key consideration in the selection process. When a potential local supplier is found to be outside our HSE standards, we often work to provide the necessary training or certification to elevate them to the standard. This is frequently the case, as we operate in several countries with nascent oil and gas industries. We periodically organize contractor forums to provide training and reinforce our HSE-related expectations. Local and multinational contractors attend these sessions in order to further commit themselves to working within our standards. Ensuring that our suppliers and contractors fully understand their contractual obligations regarding anti-corruption provisions is vitally important. Our local procurement professionals offer one-on-one sessions with our suppliers to explain our requirements under our policies, the U.S. Foreign Corrupt Practices Act of 1977, the UK Bribery Act of 2010, and other relevant local legislation. During this process, we often identify areas for additional training within our local supply chain. In 2015, we conducted a formal review of our approach to local content, both at the corporate level Kosmos personnel at the shore base in Nouakchott, Mauritania exemplify our entrepreneurial spirit and team-based approach. BUSINESS PRINCIPLE 6 Commercial Responsibilities