Enhancing energy efficiency is not only a reflection of economic benefits but also a testament to our commitment to environmental responsibility.

• Regular Evaluation and Updates: We regularly evaluate and update equipment and technologies, introducing more efficient energy-use solutions.

• Comprehensive Energy Efficiency Improvement Plan: In oil extraction, the company is implementing a comprehensive energy efficiency improvement plan. This includes upgrading equipment, optimizing processes, and promoting energy-saving technologies. For example, more energy-efficient motors are being used at oilfield pumping stations to enhance energy efficiency, reduce energy consumption, and lower carbon emissions.

• Data Analysis and Process Optimization: We use advanced data analysis tools to ensure the optimal use of energy during production. Through detailed analysis and optimization of operational processes, we have successfully reduced energy consumption.

We recognize the value of natural resources, especially in our core business areas with water scarcity, such as Kazakhstan and Iraq. Therefore, we are committed to optimizing water usage through efficient water resource management strategies to reduce environmental impact. Here are the specific measures we have implemented:

• Water Reuse and Recycling: We implement water reuse and recycling technologies in the production process, reducing the demand for fresh water. By setting up efficient water treatment facilities, we recycle wastewater generated during production, significantly reducing reliance on external water sources.

• Wastewater Treatment and Compliance Discharge:To reduce the impact of production activities on water resources, we strictly adhere to wastewater treatment standards and use advanced technologies for wastewater treatment. This ensures that all discharged water meets or exceeds local environmental requirements.

• Efficient Water Use Technologies and Conservation Measures:We promote the use of efficient water technologies and conservation measures in all our operations. By installing water-saving devices and optimizing water use processes, we have significantly reduced water consumption.

The circular economy is one of the core strategies of Geo-Jade. We are committed to promoting the recycling of materials and resources, ensuring that the maximum value of resources is utilized while minimizing environmental impact. Here are the key measures we have taken in the area of the circular economy:

• Material Recycling: We implement a series of programs to maximize the recycling and reuse of waste materials generated during production, such as metals and plastics. We collaborate with professional recycling companies to ensure proper handling and reuse of these materials.

• Reuse of Oil Pipes: Used oil pipes are sorted and evaluated for either direct reuse in production processes or reprocessing into other industrial products.

• Reuse of Oil Barrels: Oil barrels are thoroughly cleaned and inspected before being reused, facilitating resource recycling.

• Waste Heat Recovery from Chimneys: We efficiently use waste heat to reduce energy consumption and promote a circular economy.

• Sustainability in Product Design: We consider the entire product lifecycle during the design process, using materials that are easy to recycle.

• Efficient Resource Utilization: We adopt efficient resource management and utilization strategies, such as optimizing supply chain management to reduce energy consumption and waste generation during material transportation and implementing energy-saving measures.

• High-Standard Supplier Selection: We choose suppliers with high environmental standards to ensure that environmental requirements are met at the source.

• Employee Education and Training: We provide education and training on circular economy principles and practices to increase employees' understanding and participation.

• Collaboration and Innovation: We seek opportunities for collaboration with other companies, government agencies, and non-governmental organizations, encouraging innovation and exploring new methods and technologies.