Parex Resources’ Commitment

Parex Resources Inc. (the “Company”) requires the highest standards of professional and ethical conduct from its directors, suppliers, contractors, partners, consultants, and employees. They are expected to behave and perform their duties and activities in a manner consistent with the Company’s Code of Conduct, Corporate Policies and all applicable laws and regulations.

In addressing concerns, employees have many options available to them and are expected, for routine issues, to manage through normal communication channels including speaking to their leader, executive member, Human Resources, or compliance officer in Colombia. For additional information on communication channels available to address a concern, see the Code of Conduct.

Additionally, all stakeholders, including employees, are invited to elevate any concern to an Executive or submit it through EthicsPoint. Parex’s EthicsPoint Hotline is a tool that is available to share concerns related to our operations, business practices and/ or Code of Conduct which could jeopardize compliance with regulations related to the prevention of corruption, money laundering, financing of terrorism and matters related to the possible violation of Human Rights.

Investigation Process

The Company has a Whistleblower hotline available, EthicsPoint, to provide an anonymous and confidential method for the submission of reports. Reports can be made on the EthicsPoint system seven days a week, 24 hours a day, in either English or Spanish.

You may use either of the following two methods to submit a report:

• Online: Select the "Make a Report" link at the top of this web page.
• By Telephone (Toll-free): See Call Centre Contact Information.

Following receipt of a complaint, EthicsPoint provides notification to select Board members and executives. When a report is received, an investigation will commence using internal and/or external resources, as required. Upon the conclusion and/or resolution of an investigation, the Whistleblower is updated through a confidential key. All reports will be handled promptly and discreetly.

NOTE: By submitting the report, you are consenting to allow the contents of the report to be shared with an appropriate investigation team to conduct a thorough investigation.

After you complete your report, you will be assigned a unique code called a "report key." Write down your report key and password and keep them in a safe place. After 5-6 business days, use your report key and password to check your report for feedback or questions.