Effective Date: August 2018

Ocean Power Technologies is committed to ensuring a safe and healthy workplace and environment for our employees, customers, suppliers and our community.

Health, Safety & Environment is an OPT Core Value. At OPT, we aspire to transform the world through innovative ocean-energy solutions. To achieve this vision, focus on Health and Safety isn't just important to us - it's a fundamental building block of our company culture. Every business decision is premised on protecting our people, our partners, and our community.

We work together with our stakeholders to continuously improve our quality of execution and delivery. Every process and product design centers on ensuring the well-being of anyone that engages it, and the well-being of the environment within which it coexists. We believe that Quality and Safety are both complimentary and inherently prerequisites to one another, which sets the foundation for a Healthy and Safe workplace and environment.

All OPT employees are responsible for complying with HSE policies, procedures, laws, regulations and requirements. We hold each other accountable for our well-being through training, awareness, transparency, visibility, and most importantly regular communication. At OPT, everyone is empowered to take immediate action upon detecting an unsafe situation, including observe and report, question, and if need be stand-down an operation.

Every employee is engaged in Health, Safety and Environment. At OPT, we hold each other to the highest HSE standards, where every employee, customer, contractor and supplier has a voice directly to our business leadership. Our safety culture is built from the ground-up, from initial on-boarding of every new employee, and with a well-defined review and reporting rhythm including a rotating safety-committee, monthly management safety reviews, and monthly safety all-hands meetings. We are fully committed to fostering a healthy and safe workplace and environment.