b'STAATSOLIE MAATSCHAPPIJ SURINAME N.V.NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS FOR THE YEAR ENDED DECEMBER 31, 2021 (Continued)SECTION 8. Drillingandloggingoperationswillcontinue,usingOTHER theMaerskValiantdrillship.DSToperationswillbecarriedoutonKrabdagu-1toappraisetheresourcesandproductivity,andatleastthree8.1 EVENTS AFTER THE REPORTING PERIODfurther exploration and appraisal wells are planned New Suriname Tax Measurestobedrilledin2022ontheblock.BasedontheresultsoftheTripartiteconsultation TotalEnergiesistheoperatorofBlock58,witha(government,businessandunions)andin 50%workinginterest,whileAPACorporationholdsanticipation of the introduction of the Value Addedtheremaining50%.Tax(VAT),thebracketsforthepayrolltaxand Amendment of credit facility personalincometaxareadjustedasperJanuary1st,2022. OnMarch31,2022,Staatsolieamendeditsexisting credit facility with a syndicate of lenders. Thetax-freesumisincreasedfromSRD220.50 TheoutstandingamountofthetermloanasofthatpermonthtoSRD4,000permonth.Thetaxcredit datewasUS$422million,andamaturitydateofofSRD750thereforeexpiresonthesamedate. May25,2025.Withthisamendment,effectiveonTheincreaseinthetax-freesumalsomeans theaforementioneddate,theoutstandingamountthatamountsfromthevarioustaxbracketsalso remainedatUS$422million.ThenewmaturityincreasedbySRD4,000. dateisonJanuary25,2028.TheaimofthisFurthermore,asofJanuary1,2022,theexemption amendmentistofree-upliquiditytosupportthefromtheholidayallowanceandbonusorgratuity financingofourinvestmentprogramincludingthealsoincreasedfrom1monthsgrosssalarywitha firstdevelopmentinOffshoreBlock58.maximumofSRD4,000peryeartoonemonths Prepaid dividend grosssalarywithamaximumofSRD6,516peryear.Inthefirstquarterof2022interimdividendoverThetemporarysolidaritylevyof10%extra,which thefiscalyear2022ofUS$15,769waspaidtothewasintroducedinFebruary2021,expiredon shareholder.January1,2022.Impact of COVID-19 PandemicItisexpectedthattheturnovertaxwillbereplacedbytheVATasofJuly2022. Lookingahead,followingtheoutbreakoftheCOVID-19pandemic,theGroupseesincreasedTotalEnergies announces another significantuncertaintiesandeconomicdisruptionbecausediscovery in Block 58oftheoutbreak.IntheeventofaprolongedOnFebruary21,2022,TotalEnergiesandAPA pandemictheremaybeanegativeeffectonourCorporationannouncedthattheyhavemadea customersandoverallbusinessactivitywhichsignificantnewoilandassociatedgasdiscovery maynegativelyimpactthefinancialperformanceattheKrabdagu-1well,inthecentralareaof oftheGroup.TheGrouphastakenmeasurestoBlock58,offshoreSuriname.Thisfollowsprevious ensure that its employees and partners continue discoveriesatMaka,Sapakara,Kwaskwasiand tobesafewhileinteractingtogether.MeasuresKeskesi,andthesuccessfullytestedSapakara havebeentakentominimizetheimpactoftheSouth-1 appraisal well. pandemic and to continue operations. Located18kilometerssouth-eastofSapakara GiventheevolvingnatureofCOVID-19,South,Krabdagu-1wasdrilledatawaterdepth uncertainties will remain and currently it is not of780metersandencounteredapproximately90 possibletoaccuratelyestimatethefutureimpactofmetersofnetoilpayingoodqualityMaastrichtian thepandemiconthefuturefinancialperformanceandCampanianreservoirs. oftheGroup.Wecontinuetomonitorthissituationand its potential impact on our operations and will ThissuccessfulexplorationwellatKrabdagu-1 takefurtheractionasnecessaryinresponsetotheisasignificantadditiontothediscovered economic disruption.resourcesinthecentralareaofBlock58.Thisresult encourages to continue the exploration andappraisalstrategyofthisprolificBlock58inordertoidentifysufficientresourcesbyyearend2022forafirstoildevelopmentsaidKevinMcLachlan,SeniorVicePresident,ExplorationatTotalEnergies.181'