Ethics

Violations of Danford Energy Services Ltd. (“Danford Energy Services Ltd”)’s Code of Business Conduct and Ethics or applicable laws, rules and regulations can result in serious damage to Danford Energy Services Ltd, its reputation and the reputations of its Employees. Accordingly, if an Employee has knowledge of any possible violation of the Code of Business Conduct and Ethics or any possible breach of applicable laws, rules or regulations or any possible wrongdoing or questionable practices regarding accounting or auditing matters or internal accounting controls (collectively called an “Alleged wrongdoing”), that Employee is encouraged to report such.

The report should be made to the Employee’s immediate supervisor, if appropriate.

Each complaint will be thoroughly investigated to ensure there are sufficient grounds and evidence supporting it. Upon confirmation of the alleged wrongdoing, the matter will be resolved by appropriate action.

Danford Energy Services Ltd and its directors, officers and Employees shall not retaliate against any Employee who reports, in good faith, an Alleged wrongdoing or a retaliatory act or who assists in the investigation of the Alleged wrongdoing. The term “in good faith” means that the reporting Employee should have evidence or reasonable grounds for believing that an Alleged wrongdoing or retaliatory act has occurred and must act without malicious intent or personal agenda. Reports of Alleged wrongdoings or retaliatory acts that were not made in good faith will be viewed as a serious disciplinary offence and may be subject to sanctions, including termination of employment for cause without notice or payment in lieu of notice.