Kosmos Energy fundamentally disagrees with the Norwegian Council on Ethics’ assessment of our activities offshore Western Sahara and its divestment recommendation. The Council’s decision is disappointing coming as it does after several years of engagement between Kosmos and the Council.

In April 2016, former Legal Advisor for the U.S. Department of State Abraham Sofaer sent a letter to the Norwegian Council on Ethics in response to its proposed divestment recommendation. The letter argues that the Council’s decision “cannot be justified under international law or fundamental ethical norms.”

In December 2013, Kosmos and ONHYM signed the First Joint Declaration of Principles committing to ensuring that the people of Western Sahara will benefit in an “effective and transparent” manner from and hydrocarbon development and will be consulted in the process.

Originally published in February 2014, this document outlines the legal and ethical basis for Kosmos’ ongoing exploration activities offshore Western Sahara.

During the course of its operations, Kosmos has exchanged correspondence on its activities with a representative of the Saharawi Arab Democratic Republic.

During the normal course of business, Kosmos has corresponded with international stakeholders, such as the Norwegian Support Committee for Western Sahara, who have requested more information about our activities.

During the normal course of business, Kosmos has corresponded with international stakeholders, such as Western Sahara Resource Watch, who have requested more information about our activities.

During the normal course of business, Kosmos has responded to letters sent by civil society organizations based in Western Sahara.

This authoritative document provides the legal foundation for our work.

Kosmos Energy was founded with the goal of creating value for all our stakeholders, including investors, employees and the governments and the citizens of our host countries. While the company exists primarily to provide returns to investors, this is most likely to be achieved, over the longer term, through advancing the societies in which we work. These Principles reflect the values that have guided us through our first decade. They are also informed by what we have learned over those early years and by what our stakeholders have told us about their expectations of a responsible oil and gas company.

This annual report outlines our commitment to operating in accordance with our Business Principles and includes real-life examples from around the world.

This document outlines our commitment to operating in a safe and environmentally sound manner. The Standard consists of 10 “Elements,” each containing specific management system expectations with corresponding key performance measures for how Kosmos Corporate, Country, and Operational levels within the company are to manage its HSES risks.

This report from the McKinsey Global Institute presents countries and companies with a new model for successfully managing resource development. It has six core elements: building the institutions and governance of the resources sector; developing infrastructure; ensuring robust fiscal policy and competitiveness; supporting local content; deciding how to spend a resources windfall wisely; and transforming resource wealth into broader economic development.

Where it is legally possible and acceptable to our host governments, we make the material terms of our petroleum agreements and production sharing contracts publicly available. This document is our contract with Government of Morocco and covers the Cap Boujdour contract area. (See Exhibit 10.27)