Asset Management Policy

“Asset management is the coordination of processes that maximise the value of assets and extend their safe working life.”

The purpose of this Asset Management Policy is to demonstrate Quintas Energy’s commitment to providing asset management and specialist technical and data services to investors in the renewable energy sector. We will fulfil these obligations by embedding asset management as a key discipline to maximise the value and extend the safe working life of the assets under our management. Quintas Energy is committed to:

1. Managing Assets through a Compliant Asset Management System
   Operating an Asset Management System that aligns with the requirements of ISO 55001:2024 and supports the achievement of strategic objectives.
2. Strategic Asset Management Plan (SAMP) and Long-Term Client Collaboration
   Establishing strategic objectives that are aligned with stakeholder requirements, corporate objectives, and relevant sustainability goals.
   Collaborating with clients to develop and implement Strategic Asset Management Plans (SAMPs) that ensure sustainable, long-term value creation and aid decision-making at the highest level. Our SAMP approach integrates risk assessment, performance optimisation, lifecycle cost analysis, and sustainability objectives to align asset management strategies and all planning activities with client business goals. 
   Taking an active, risk-based approach to emerging challenges and incorporating them into a Risk Framework for mitigation and tracking. This includes changes in challenges such as climate change, cybersecurity, and similar external factors to ensure resilience and long-term viability.
3. Integrated Management Systems – uniting all standards in a comprehensive internal control programme 
   Ensuring that our asset management activities are coordinated and supervised via an Integrated Management System (IMS). Quintas Energy applies robust internal controls and governance mechanisms to identify gaps, maintain high service quality, regulatory compliance, and continuous improvement in asset management practices.
   Ensuring all relevant stakeholders are aware of:
   a) The Asset Management System, including its purpose and benefits; and
   b) Their roles and responsibilities in achieving Quintas Energy’s objectives. 
   Clearly defining roles, responsibilities, and authorisations to empower employees to make informed decisions, supported by robust processes.
   Identifying training needs and providing appropriate development opportunities to ensure employees competence and alignment with asset management objectives.
   Maintaining strict adherence to all relevant legal, regulatory, and statutory obligations while monitoring changes to ensure ongoing compliance.
4. Defining and Monitoring Desired Levels of Asset Performance
   Establishing measurable targets and key performance indicators for asset management activities to ensure accountability and progress tracking.
   Providing stakeholders with regular, documented performance analyses, supported bymeetings and access to our Asset Management System, to maintain transparency.
5. Commitment to Supplier Control and Pre-Qualification
   Maintaining rigorous supplier control and structured pre-qualification processes to ensure that all service providers meet our quality, compliance, and performance standards. We evaluate suppliers based on technical capability, reliability, regulatoryc ompliance, and alignment with sustainability objectives, ensuring that only those meeting our stringent criteria are engaged in asset management operations.
6. Promoting Continuous Improvement
   Encouraging continuous improvement by fostering an environment that supports innovation and systematic enhancement of employee competencies, asset management processes, and the Asset Management System.
7. Knowledge Management, Data Integrity and Data Driven Continuous Improvement Maintaining and developing a reliable, accurate, and secure AI-enabled asset database to support informed decision-making, while ensuring knowledge is retained, managed,and shared effectively.
   Using a data-driven approach for asset management, ensuring systematic collection,analysis, and use of performance indicators to identify areas for improvement and respond proactively to risks and opportunities.
8. Using its asset management skills and services to continuously adapt to new climate initiatives including
   Water conservation, pollution control, biodiversity protection and net gain wherever possible. We are committed to circular economy principles including solar panel and component recycling, decommissioning practices, and local employment and engagement wherever practicable.

This policy applies to all internal and external stakeholders involved in Quintas Energy’s asset management activities. Copies of this policy will be readily available to appropriate stakeholders as determined by Quintas Energy.

This policy will be reviewed annually or when required due to significant changes in the external or internal environment.