SEAMECLTDNSE13 August 2025

Seamec Limited has informed the Exchange about Investor Presentation

Seamec Limited

SEAMEC/BSE&NSE/SMO/ INVESTORPRESENTATION /1308/2025

August 13, 2025

Corporate Relations Department BSE Limited Phirojee Jeejeebhoy Towers, Dalal Street, Mumbai – 400001 Scrip Code: 526807

The Manager Listing Department National Stock Exchange of India Limited Exchange Plaza, Plot No. C/1, G Block, Bandra-Kurla Complex, Bandra (East) Mumbai - 400051 Trading Symbol: SEAMECLTD

Sub: Investor Presentation of the Investor Meet of SEAMEC LIMITED (‘the Company’)

Ref:

a. Regulation 30 (read with Schedule III -Part A) of Securities Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (‘Listing Regulations’)

b. ISIN: INE497B01018

Dear Sir / Madam,

Pursuant to our intimation letter SEAMEC/BSE&NSE/SMO/ INVESTOR /1108/2025 dated August 11, 2025, kindly note that the Board of Directors of the Company at its meeting held on Wednesday, August 13, 2025, have inter alia considered and approved Unaudited Standalone & Consolidated Financial Results for the quarter ended June 30, 2025.

Enclosed is the Investor Presentation in this regard.

The above is made available on the Company’s website i.e. https://www.seamec.in/

This is for your information and record.

Yours Faithfully,

For SEAMEC LIMITED

S.N. Mohanty President – Corporate Affairs, Legal and Company Secretary

Investors Presentation | Q1 FY26

Safe Harbor Statement

Quarterly Update

This presentation and the accompanying slides (the “Presentation”), which have been prepared by Seamec Limited (the “Company” or “Seamec”), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any securities, and shall not form the basis or be relied on in connection with any contract or binding commitment whatsoever. No offering of securities of the Company will be made except by means of a statutory offering document containing detailed information about the Company.

This Presentation has been prepared by the Company based on information and data which the Company considers reliable, but the Company makes no representation or warranty, express or implied, whatsoever, and no reliance shall be placed on, the truth, accuracy, completeness, fairness and reasonableness of the contents of this Presentation. This Presentation may not be all inclusive and may not contain all of the information that you may consider material. Any liability in respect of the contents of, or any omission from, this Presentation is expressly excluded.

Certain matters discussed in this Presentation may contain statements regarding the Company’s market opportunity and business prospects that are individually and collectively forward- looking statements. Such forward-looking statements are not guarantees of future performance and are subject to known and unknown risks, uncertainties and assumptions that are difficult to predict. These risks and uncertainties include, but are not limited to, the performance of the Indian economy and of the economies of various international markets, the performance of the industry in India and world-wide, competition, the company’s ability to successfully implement its strategy, the Company’s future levels of growth and expansion, technological implementation, changes and advancements, changes in revenue, income or cash flows, the Company’s market preferences and its exposure to market risks, as well as other risks. The Company’s actual results, levels of activity, performance or achievements could differ materially and adversely from results expressed in or implied by this Presentation. The Company assumes no obligation to update any forward-looking information contained in this Presentation. Any forward-looking statements and projections made by third parties included in this Presentation are not adopted by the Company and the Company is not responsible for such third party statements and projections.

Quarterly Update Q1 FY26

Standalone Financial Highlights of Q1FY26

Revenue

218

222

207

PAT

Q1 FY25 Q4 FY25 Q1 FY26

EBITDA

116

105

PBT

Q1 FY25 Q4 FY25 Q1 FY26

Standalone Financial Highlights of Q1 FY26

Particulars

Revenue

Operating Expenses

EBITDA

EBITDA Margin

Finance Cost

Depreciation

Profit Before Exceptional Items

Exceptional Profit/(Loss)*

Profit After Exceptional Items

Tax Impact

Profit After Tax

Q1 FY26

Q1 FY25

Y-o-Y%

Q4 FY25

Q-o-Q%

Rs. In crore

222.9

107.3

115.6

51.9%

2.8

29.9

82.9

3.3

79.6

217.8

131.7

86.2

39.5%

3.6

27.6

54.9

3.4

51.5

-19%

34%

-22%

51%

55%

207.4

102.7

104.6

50.5%

3.1

30.0

71.5

12.7

58.8

11%

-9%

-0.2%

16%

35%

Revenue YoY- Increase in Revenue is mainly attributable to the Insurance Claim received in Jun’25 for Seamec Diamond. QoQ – Mainly due to higher deployment of Seamec III and Seamec Princess, offset by lower deployment of Glorious barge due to monsoon.

EBITDA

YoY – Majorly due to decrease in the Operating cost of Seamec III which was on lumpsum contact in Q1FY25 and higher utilization of Seamec Princess in Q1FY26 compared to Q1FY25.

QoQ – Higher deployment of Seamec III and Seamec Princess and reduction in operating cost of Seamec Diamond.

Standalone Financial Highlights of Q1 FY26

Key Financial Ratios

Rs. 163 Cr Gross Debt

(0.20) X Net Debt/Equity

Rs. (209) Cr Net Debt

(0.71) X Net Debt/EBITDA

14% ROCE

13% ROE

Consolidated Financial Highlights of Q1FY26

Revenue

231

223

210

PAT

Q1 FY25 Q4 FY25 Q1 FY26

EBITDA

PBT

117

Q1 FY25 Q4 FY25 Q1 FY26

Q1FY25 PBT excluding Exceptional gain

Consolidated Financial Highlights of Q1 FY26

Q1 FY26

Q1 FY25

Y-o-Y%

Q4 FY25

Q-o-Q%

Rs. In crore

230.7

114.0

116.7

50.6%

3.5

34.1

79.1

3.3

75.8

222.9

142.2

80.7

36.2%

3.9

32.1

44.7

8.7

53.4

3.5

-20%

45%

-10%

77%

48%

52%

209.7

118.5

91.2

43.5%

4.1

33.4

53.7

0.1

53.7

12.7

41.0

10%

-4%

28%

-15%

47%

85%

Particulars

Revenue

Operating Expenses

EBITDA

EBITDA Margin

Finance Cost

Depreciation

Profit Before Exceptional Items

Exceptional Profit/(Loss)*

Profit After Exceptional Items

Tax Impact

Profit After Tax

Revenue

YoY- Increase in Revenue is mainly attributable to the Insurance Claim received in Jun’25 for Seamec Diamond. QoQ – Mainly due to higher deployment of Seamec III and Seamec Princess, offset by lower deployment of Glorious barge due to monsoon.

EBITDA

YoY – Majorly due to decrease in the Operating cost of Seamec III which was on lumpsum contact in Q1FY25 and higher utilization of Seamec Princess in Q1FY26 compared to Q1FY25.

QoQ – Higher deployment of Seamec III and Seamec Princess and reduction in operating cost of Seamec Diamond.

Consolidated Financial Highlights of Q1 FY26

Key Financial Ratios

Rs. 232 Cr Gross Debt

(0.22) X Net Debt/Equity

Rs. (247) Cr Net Debt

(0.88) X Net Debt/EBITDA

11% ROCE

10% ROE

Business Update

• Solid execution across our fleet with 93% efficiency factor

• Seamec Princess successfully completed PRP VII project

• SEAMEC II completed its Dry Docking well before its schedule and likely to move to ONGC field

around 10 days in advance from the scheduled time.

• The acquisition of Nusantara is well on track and is likely to commence operations from Dec’25

onwards

• Shareholders approval received for HAL Anant Acquisition and the transaction is expected to be

completed by Oct’25.

Company Overview

Our Journey

2010

Expansion

o Incorporated WOS

“Seamec International FZE”

2020-21

Expansion o Stepdown Subsidiary

“Seamate Shipping FZC”

o Formed JV “Seamec Nirman Infra Ltd” for Tunnel projects

1986-2001

Origin

o Incorporated as Peerless Leasing Pvt Ltd in 1986 o Acquired by Coflex Stena in

1999

o In 2001 Became part of Technip Group and rechristened as Seamec

2014

Transformation

o HAL Offshore Acquires Seamec from Technip Group

o Now Part of MMG Group

2023-25

Current Status

o Acquired Aarey Organic

Industries Private Limited to carry out manufacturing, selling, importing, exporting, buying distributing of various types of chemicals.

o Own and operate 5 state-of-

the-art DSV vessels, 1 OSV and 1 accommodation barge facilitating complex subsea operations.

Company Overview

SEAMEC Limited is a leading provider of Diving Support Vessels (DSVs) and Offshore Support Vessels (OSVs) with a robust presence both in India and internationally. The company’s fleet includes 5 DSVs, 1 OSV, and 1 Accommodation Barge, all equipped to meet diverse offshore needs. SEAMEC is committed to maintaining high standards, demonstrated by its ISM certification and ISO 31000:2018, ISO 45001:2018, ISO 9001:2015, and ISO 14001:2015 certifications.

Our Subsidiaries

Seamec International FZE

Seamate Shipping FZC

Seamec Nirman Infra Limited

Seamec UK Investments Ltd

Incorporated in 2010, our wholly Seamec owned subsidiary International FZE, is actively bulk engaged in transportation and currently operates two bulk carriers.

providing services,

We recently established a step Seamate down subsidiary forming a Shipping FZC by strategic joint venture with Arete Shipping DMCC to further expand our bulk carrier operations.

Set-up a JV with M/s. Nayavridhi Infra LLP by name Seamec Nirman Infra Limited to diversify into tunnel and other EPC contracts.

It is the wholly owned subsidiary of Seamec Limited and was incorporated in March 2023 to explore business opportunities in UK & Europe Region

Aarey Organic Industries Private limited It is the wholly owned subsidiary of Seamec Limited and was acquired in May 2023.

Current Operations

Offshore Shipping

Bulk Carrier Division

Tunnel Construction

Our fleet of multi-functional DSVs and support vessels, including SEAMEC II, SEAMEC III, SEAMEC PRINCESS, SEAMEC PALADIN, SEAMEC SWORDFISH, SEAMEC DIAMOND, and SEAMEC GLORIOUS, supports a wide range of offshore activities.

Managed through SEAMEC International FZE and SEAMATE Shipping FZC, operating two bulk carriers, SEAMEC GALLANT and ASIAN PEARL. SEAMEC NIDHI was sold in April 2024.

SEAMEC Nirman Infra Limited undertook the NATM Tunnel construction for the High-Speed Rail Project in Vapi, Gujarat, in a joint venture with Nayavridhi Infra LLP. With completion of 80% of the project, the company has withdrawn from the project with effect from July due to unavoidable circumstances.

Seamec Limited | Investors Presentation

Key Competitive Strengths

Strong parentage of MMG strengthening financial position and market reputation

Technical expertise and financial strength boosting us to a leading position in tendering process

Low maintenance cost due to proactive preventive maintenance

A formidable player in offshore shipping backed by India’s largest fleet of multi-support vessels

Vibrant leadership and competent management bandwidth having strong executional capabilities

Healthy Financial position with adequate liquidity providing business flexibility and superior profitability

Competent and prudent commercial management facilitating revenue visibility and superior vessel deployment rates

Broad Range of Services

IMR Operations

ROV Operations

Subsea Construction

Pollution Control

Fire Fighting

Rescue Operations

• Carrying out Inspection, Maintenance, and Repair (IMR) of pipelines, single buoy Mooring, spooling, free span corrections, risers, platforms, PLEMS, and other subsea construction

• Supporting Remotely

• Undertaking operations

• Facilitating pollution

Operated Vehicles (ROVs) through unique Dynamic Positioning System (DP)

• Facilitating safe and unmanned subsea operations where human presence is not viable

such as subsea pipelaying, mooring and de-mooring, installation of risers, and Grouting

control activities through schemers, pollution control booms, and dispersant arms

• Supporting sub-sea fire fighting operations through fire fighting I and II equipment mounted on our vessels

• Undertaking Rescue

Operations by engaging dracon scoop, scramble nets, rescue bucket, and UKOOA

Our Marquee Clients

Oilfield Services

Bulk Carrier Services

Promoting Environmental and Oceanic Sustainability

Utilizing Low Sulphur Content Diesel

Adhering to Ballast Water Management (BWM) Regulations

Comprehensive Waste Management procedures

Minimizing Plastic Use

Lowering Consumption of Electricity and Paper

Compliant with IMO regulations

Regularly furnishes fuel consumption report to the Flag State as per IMO guidelines

All vessels fully compliant as per applicable standards.

Compliant with Maharashtra Pollution Control Act

Compliant with BWM regulations to prevent degradation of the marine ecosystem

Ensures proper disposal of e- waste accumulated on vessels through compliant vendors

Implemented 'Single-Use Plastic' policy to minimize plastic use and identify alternatives to plastic in all its operations

Conserving energy by ensuring economic and optimum use of electricity

Minimizing use of paper to bare minimum through well placed operational procedures

Adhering to Highest Safety Standards

Complying with QHSE Standards

We acknowledge our responsibility towards ensuring environmental sustainability and operational safety and strictly adhere to Quality, Health, Safety, Environmental (QHSE) standards.

We are fully compliant with:

ISO 9001:2015

ISO 14001:2018

ISO 45001:2018

Marine Management System Our robust Marine Management System (MMS) provides seamless connect between onshore office staff and vessel operators, ensuring and strengthening operational safety.

Adhering to regulatory requirements, we also carry extensive offshore safety audits of our entire fleet twice a year, ensuring the adequacy of our marine safety operating systems.

SEAMEC: Strong Asset Portfolio

Asset Portfolio – Diving Support Vessels

o Diving Support Vessels are specialized ships designed to facilitate offshore diving operations quipped with dedicated

facilities for divers, advanced diving equipment, and control systems

o DSVs provides services, which include S.B.M maintenance removal and installations, Platform, Riser and Pipeline repairs,

Subsea constructions and Maintenance operations & deployment of ROV

SEAMEC II

Built Year: 1982

Procurement Year: 1993

Gross Tonnage: 4,503

SEAMEC III

Built Year: 1983

Procurement Year: 1993

Gross Tonnage: 4,327

SEAMEC PRINCESS

Built Year: 1984

Procurement Year: 2006

Gross Tonnage: 11,121

Asset Portfolio – Diving Support Vessels

SEAMEC PALADIN

Built Year: 2008

Procurement Year: 2021

Gross Tonnage: 5,648

SEAMEC SWORDFISH

Built Year: 2007

Procurement Year: 2023

Gross Tonnage: 5,372

Asset Portfolio – Offshore Support Vessels

o Offshore Support Vessels (OSVs) are specially designed ships for the logistical servicing of offshore platforms and subsea

installations, from installation through the full-service life of offshore fields

o They are integral to getting supplies and materials where they need to go, as well as building and repairing offshore

equipment. Their versatility means they can be built for just about any type of project

o We added Seamec Diamond to our fleet portfolio in December

Seamec Diamond

Built Year: 2011

Procurement Year: 2023

Gross Tonnage: 1,922

Asset Portfolio – Barge

o A barge is a specialized watercraft designed for transporting goods and commodities on navigable waterways such as

rivers and canals.

o Its distinctive flat-bottomed structure allows it to navigate shallow waters, making it well-suited for inland

transportation.

o One of the key features of barges is their significant cargo capacity, ranging from a few hundred to several thousand tons.

This makes them highly cost-efficient for transporting bulk cargo

SEAMEC GLORIOUS (BARGE)

Built Year: 2006

Procurement Year: 2021

Gross Tonnage: 8,950

Asset Portfolio – Bulk Carrier

o Bulk carriers are specialized vessels designed for the efficient transportation of large quantities of dry bulk cargo, including commodities

like coal, iron ore, and grains.

o We own and operate three main fleet shipping bulk carriers of varying tonnage capacities, positioning us to capitalize

opportunities in changing market conditions.

o SEAMEC GALLANT is operated under our wholly-owned subsidiary “Seamec International FEZ” and ASIAN PEARL is operated under our

Step Down Subsidiary – “SEAMATE Shipping FZC”

o SEAMEC NIDHI which was operated under our wholly-owned subsidiary “Seamec International FEZ” is sold on 6th April 2024.

SEAMEC GALLANT

Built Year: 2011

Procurement Year: 2017

Category: Handymax

Gross Tonnage: 32,289

ASIAN PEARL

Built Year: 2003

Procurement Year: 2020

Category: Handymax

Gross Tonnage: 27,989

Indian Industry Landscape

Future Outlook for India’s Oil & Gas Sector

Crude Oil Consumption

• Forecast Growth: CAGR of 4.59%, reaching 500 million

tonnes by FY40 from 223 million tonnes in FY23

• Barrel Consumption: o FY22: 4.05 MBPD o 2030: 7.2 MBPD o 2050: 9.2 MBPD

Diesel Demand

• Projected Increase: Expected to double to

163 MT by 2029-30

• Oil Demand Composition: Diesel and

petrol to cover 58% of oil demand by 2045

Energy Demand

• Growth Rate: Faster than all major global

economies

• Global Share: Projected to double by 2035

Refining Capacity

• Additions by 2028: 56 MTPA to reach 310

MTPA domestic capacity

• Future Plans: Projected to rise to 667 MTPA

by 2040

Natural Gas Consumption

• Growth Forecast: CAGR of 12.2%,

reaching 550 MCMPD by 2030 from 174 MCMPD in 2021

Source: IBEF Data

Recent Developments and Investments in India's Oil & Gas Sector

Investments

• FDI Inflows: FDI Inflows surged 14% to $81.04 billion from $71.28 billion in FY24.

Production

• Crude Oil Production: 28.6 MMT during April - March 2025 • Peak Production Forecast: Expected mid-decade peak between 2023-2032, around 2027,

driven by KG-Basin projects

Demand

• Oil Demand Growth: Expected increase of 220,000 barrels per day to 5.57 million barrels

per day in 2024, up 4.19% from 2023 (OPEC estimate)

Government Initiatives

• Strategic Investment Plan: US$ 67 billion investment for Indian gas sector over next 5-6

years (February 2024)

• Excise Duty Reduction: Rs. 8 (US$ 0.10) per litre on petrol and Rs. 6 (US$ 0.077) per litre

on diesel (May 21, 2022)

Source: IBEF Data, ONGC Annual Report

Union Budget 2025 Announcements

• Maritime Development Fund with a corpus of Rs 25,000 Crore will be set up

for long-term financing for the maritime industry with upto 49% contribution by government and balance from ports and private sector.

• Shipbuilding Clusters will be facilitated to increase the range, categories and capacity of ships. This will include additional infrastructure facilities, skilling and technology to develop the entire ecosystem.

• Large ships above a specified size will be included in the infrastructure

Harmonized master list*

• Exemption of Basic Custom’s Duty (BCD) on raw materials, components, consumables or parts for the manufacture of ships for another 10 years . Same dispensation for ship breaking.

• The benefits of existing tonnage tax scheme are proposed to be extended to inland vessels registered under the Indian Vessels Act, 2021 to promote inland water transport in the country,”

*The Harmonized Master List (HML) of Infrastructure is a list of infrastructure sub-sectors that the central government of India uses to guide agencies that support infrastructure.

Offshore Support Vessel Market Overview (2022 - 2027)

Key Drivers

Rising Demand Increased global need for oil and natural gas

E&P Activities Higher investments in exploration and production

Advanced Technologies Innovations in deep-water and ultra-deep-water exploration

•

Industry Trends • • •

Expansion of production capabilities. Enhanced supply chain resilience. Focus on energy security and resource extraction

Market Growth Forecast

USD 525.58 million Increase

Economic Impact: •

Significant influence on global economic development. Shaping the future of energy production and consumption

5.41% CAGR

Market Size Outlook (USD Million)

2017

2018

2019

2020

2021

2022

2023

2024

2025

2026

2027

Driving Growth in Offshore Oilfields

1614

14%

629

*Fig in USD Mn

Why Offshore Exploration ? • Depletion of Onshore Reserves: As onshore oil reserves are exhausting; focus

is shifting to offshore exploration.

• Higher Potential: Offshore oilfields present significant opportunities due to

•

their lower depletion rates and greater production capacity. Increased Investment: There is a surge in investment in ultradeep and deepwater drilling. Support from Stakeholders: Both state and private entities are actively supporting efforts to unlock offshore resources.

Strategic drivers for Offshore Exploration: • Oil Price Volatility: Rising fuel prices due to global crude oil price fluctuations and supply chain disruptions are encouraging the search for new reserves. • Geographic Advantage: India’s extensive coastline, encompassing 7,517 km,

•

is well-suited for offshore drilling. Technological and Policy Support: Innovations in technology and supportive governmental policies are enhancing offshore exploration prospects. Future Energy Solutions: Offshore oilfields are expected to play a key role in fulfilling India’s future energy requirements.

FY2024

FY2031

"With a projected 14% CAGR from FY2024 to FY2031, India's oilfield services market is set to expand significantly, reflecting increasing fossil fuel demand driven by population growth and rising vehicle ownership."

Seamec Limited | Investors Presentation

Indian Offshore Oilfield Industry

India currently imports about 80% of oil and about 50% gas that it consumes. Fuelled by the fast growth in GDP, the rising demand for fuel has resulted in India importing almost 88% of its domestic consumption in FY 2024-25.

Current Oil Industry Dynamics

Production and Consumption - INDIA

Imports, Exports & dependency for petroleum - INDIA

214.1

194.3

201.7

223.0

234.3

239.2

85.0

84.4

85.5

87.4

87.8

88.2

32.2

30.5

29.7

29.2

29.4

28.7

25.1

11.4

19.5

7.3

23.6

10.5

25.8

12.7

23.0

10.9

22.3

10.2

2019-20

2020-21

2021-22

2022-23

2023-24(P)

2024-25 (P)

2019-20

2020-21

2021-22

2022-23

2023-24(P)

2024-25(P)

(P): Provisional

Crude Oil Production India MMT

Consumption of Petroleum Products in India MMT

(P): Provisional

Gross Petroleum imports as % of India’s gross imports in value terms %

Gross Petroleum exports as % of India’s gross exports in value terms %

Imports Dependency (based on Consumption)%

Source: PPAC Ready reckoner, Monthly (April-2025)

ONGC – A Key Oil & Gas Player

India has signed contracts for ten oil and gas exploration blocks offered under the recent Open Acreage Licensing Policy (OALP-VIII) bid round. ONGC emerged as the dominant player in the OALP-VIII bid round, securing seven out of ten blocks

Proved Reserves (1P) MMTOE

Crude Oil Production (MMT)

Reserve Accretion (1P) MMTOE

2.26

2.16

1.90

1.67

1.29

581

557

531

515

20 20

FY21

FY22

FY23

FY24

FY25

FY21

FY22

FY23

FY24

FY25

FY21

FY22

FY23

FY24

FY25

ONGC Standalone

Discoveries during FY25

Sr. No. 1

Basin/ Block Bengal Onland

Western Onland

KG Onland

Mumbai Offshore (SW)

Cauvery Offshore (UDW)

Source: #ONGC annual report

Discovery well Ranaghat-2 (WBON5_4-NA-H) West Matar-2 (MRAX) PURN-1 (CB-ONO-PU-A) Vadatal-37 (VDAL) Yandapalli-1 (YPAA) MBS191HDA-1 (MBS191HDA-A) “Neelmani” B-56-2 (B-56-B) “Chandramani”

MBS202HAA-1 (MBS202HAA-A) “Suryamani”

Chola-1 (CYUD191H-CH-AA)

Acreage NELP-VII: WBONN-200 ML-Matar OALP-V: CBONHP-2019/1 NELP PML : Vadatal-Ext-I ML (NELP-VI CBONN-2004/2) ML-Malleswaram OALP-V: MBOSHP-2019/1 ML-C-Series Fields

OALP-VI: MBOSHP-2020/2

OALP-V: CYUDWHP-2019/1

Discovery Type New Prospect New Pool New Prospect New Prospect New Prospect New Prospect New Prospect

New Prospect

New Pool

Hydrocarbon Type Gas

Oil & Gas

Oil

Oil & Gas

Gas Gas

Oil & Gas

Gas

Experienced Management Team

Mr. Sanjeev Agrawal Chairman Qualification: Masters in Commerce, Masters of Business Administration from Coca-Cola University, Atlanta, USA

Experience: Mr. Sanjeev Agrawal is one of the founder of MMG Group. Over the last 26 years, he has played an instrumental role in successfully scaling and business interests in various fields including Off- shore subsea activities, Food & Beverages, Education, Hospitality and Real Estate.

diversifying

complex

group’s

vessels

for

Board of Directors

Key Management

Mrs. Ruby Srivastava IRS (Retired) Independent Woman Director Retired Civil servant in the Government of India, with more than 35 years experience of overall experience. During her illustrious career, she had many coveted posts, including Director Finance and Chief Financial Officer of Nuclear Power Corporation of India Ltd. She was superannuated in the rank of Principal Chief Commissioner Income Tax.

Mr. Rakesh Ayri Chief Executive Officer 40 Yrs experience in Oil & Gas Industry, ship management, sea faring and entrepreneurship.

Mr. Raghav Chandra IAS (Retired) Independent Director Retired Civil Servant with Government of India, superannuated to the rank of Secretary. Holds expertise in the fields of Infrastructure, Sustainability and arts at National level. His extensive experience includes Highway development and management Housing and Urban Infrastructure development, Industrial Infrastructure and Public-Private Partnerships.

Mr. Vinay Kumar Agarwal Chief Financial Officer 25 + Yrs in Finance & Accounts financial governance and compliance, and lead new initiatives to effectively manage business objectives.

Dr. Amarjit Chopra Independent Director PHD on “NPA Management in Banks-A comparison of Public & Private Sector Banks in India” Holds about 50 Yrs Industry Experience and has held key positions on the Board of Bank of Baroda and Indian Bank as a Nominee of Government of India. Member of Standing Committee on Corporate Laws since 3 years.

Mr. S. N Mohanty President - Corporate Affairs, Legal & CS 30+ Yrs experience in corporate affairs, Compliance, Corporate Governance, legal, Commercial, Procurement, HR & Other areas

Mr. Naveen Mohta Whole Time Director 20+ Yrs in Industry Experience with Expertise in Operations & Commercials in offshore fleets

Mr. Rajeev Goel Non-Executive Director Mr. Rajeev Goel is an integral part of MMG Group and part of the Founder group for Oil & Gas business since 1998. He was the key person, instrumental in the acquisition of Seamec Limited by HAL Offshore in 2014. Mr Goel is well versed with MSV operations and EPC operations of MMG’s Oil & Gas portfolio.

For further information, please contact:

Registered & Corporate Office A 901-905, 9th Floor, 215 Atrium, Andheri Kurla Road, Andheri East, Mumbai - 400 093 Tel: (022) 6694 1800 Fax: (022) 6694 1818 Email: contact@seamec.in Website: www.seamec.in

For more information Sunil Gupta VP- Strategy & Investor Relations Email :- sgupta@seamec.in Phone :- +91 9811347372

sgupta@seamec.in

Investor Relations Advisors : MUFG Intime India Private Limited

A part of MUFG Corporate Markets, a division of MUFG Pension & Market Service

Ms. Nidhi Vijaywargia +91 9923450804 nidhi.vijaywargia@in.mpms.mufg.com

nidhi.vijaywargia@

Mr. Nikunj Jain +91 9769060608 nikunj.jain@in.mpms.mufg.com

Thank You

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