Sustainability

• We are actively taking steps to reduce emissions from our operations and have established long-term reduction targets by 2025.
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⁽¹⁾ Notes: Talos GHG Intensity based upon AQS/GOADS reporting methods utilizing Talos offshore operated production plus third-party operated wells flowing through Talos production facilities. Scope 1 GHG Intensity reduction targets calculated from 2018 baseline. Emissions reduction benchmarking data per Bloomberg, includes 34 U.S. listed independent Upstream companies.

• We are committed to protecting the diverse ocean and coastal environments where we operate. Through our Safety and Environmental Management System (SEMS), we actively identify and monitor our operations to minimize impacts and ensure full compliance with applicable industry standards and regulations.
• 0 offshore hydrocarbon releases >1 Bbl in 2021
• >50 offshore structures decommissioned since 2015

• We are focused on reducing water usage and waste from all stages of our operations, conduct regular audits of our progress and maintain compliance with best practices and regulations.
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• We seek out ways to reduce energy use in our operations through process improvements and equipment optimization

• Our Codes of Conduct establish our commitment to human rights as a fundamental part of our responsibilities, and we also expect our business partners to maintain human rights policies and practices consistent with our own. The Talos Human Rights Policy details our commitment to uphold human rights.

• We know that a diverse workforce brings expanded creativity, problem-solving, and leads to better decision-making and enhanced performance. Talos is committed to providing equal employment opportunity and maintains active programs to champion diversity and inclusion efforts among our employees as well as our contractors.

• Our employees are our most valuable asset. The collective sum of the individual differences, life experiences, knowledge, unique capabilities, and talent that our employees invest in their work represents a significant part of not only our culture and reputation, but our Company’s achievement as well. To help our team members reach their full potential, we invest in their future with competitive pay, training, benefits, and by enabling an entrepreneurial and collaborative culture that fosters innovation and sets us apart from our peers.
• Key Initiatives
• Competitive compensation and benefits
• Training and career development programs
• Voted Top Workplace in Houston nine consecutive years by the Houston Chronicle

• We actively support the communities in which we work and live, and we recognize the link between local communities, the success of our employees, and ultimately the success of our business.
• An established Talos Community Committee engages directly in outreach, fundraising, education and awareness with stakeholders and the general public.
• Key Initiatives
• $500 annual allowance for every employee to donate to a charitable or community organization of their choice
• Company match on employee charitable donations

• We strive to optimize the independence, committee structure and policies of our Board of Directors to maximize results for our shareholders.

As one of the largest independent operators in the Gulf of Mexico, with operations in both the U.S. and Mexico, Ethics and Compliance is one of Talos’s core values. We conduct business with the highest ethical standards and instill a culture of honesty and integrity.

• Key Initiatives
• Clear policies for conduct, ethics, anti-corruption and bribery
• Anonymous Ethics and Compliance Hotline