Mtq Corporation Limited · SGX:M05

Mtq — Investor Presentation (2024)

28 slides from Mtq's investor presentation, May 20, 2024

1. Slide 1: MTQ Engineering Pte Ltd

   ENGINEERING PTE LTD a wholly owned subsidiary of MTQ Corporation Limited

2. Slide 2: Corporate Profile

   Corporate Profile MTQ Corporation Limited began its operation in Singapore in 1969 as Metalock (Singapore) Private Limited and was renamed to MTQ Corporation Limited in April 2003. It was listed on Singapore Stock Exchange under SESDAQ in 1988 then subsequently upgraded to SGX-Mainboard in 1999. Tod

3. Slide 3: Business Units

   Business Units MTQ ENGINEERING PEMAC Singapore Premier Sea & Land (PSL) Mid-Continent Distribution MTQ Oilfield Business Indonesia PT Binder Corporation MTQ Engineering LLC Abu Dhabi (Operational 2025) Bahrain MTQ Bahrain United Kingdom In-Line Valve 2

4. Slide 4: MTQ Engineering

   MTQ Engineering • Specializes in oilfield equipment repairs and reconditioning, component manufacturing, fabrication and rental operations • Focus on high pressure drilling equipment, notably Blow-Out Preventer related components and pressure control equipment. • Preferred Engineering Services provi

5. Slide 5: Our Customers

   Our Customers MTQ services OEMs, service companies, and oil & gas operators OEMs Service Companies Oil & Gas Operators 5

6. Slide 6: MTQ Engineering – Tuas Facility

   MTQ Engineering – Tuas Facility Total land space : 44,000 m2 Sheltered Workshop Area : 31,000 m2 Machine shop capability: Open Area : 13,000 m2 • 2 CNC Horizontal Lathes • 5 CNC Vertical Turning Machines • 10 CNC Horizontal Mills • 1 CNC Vertical Mills Welding shop capability: • 16 Manual Arc Weldin

7. Slide 7: MTQ Engineering Achievements & Awards

   MTQ Engineering Achievements & Awards Quality • Certified to ISO 9001 standards since Dec 1998 • API Q1 Certification (including API 16AR Registration Scope) since Sept 2013 • API 6A Monogram License since April 1998 • API 16A Monogram License since July 2002 • API 16C Monogram License since July 20

8. Slide 8: MTQ and Schlumberger-Cameron Partnership

   MTQ and Schlumberger-Cameron Partnership • Exclusive Partner with Schlumberger/Cameron Drilling in APAC market for Pressure Control Equipment. • List of Pressure Control Equipment inclusive of: ➢ API 16F – Riser Joints, Telescopic Joints, Riser Running Test Tools. ➢ Connectors – API 16A (HC, HC/H4,

9. Slide 9: BOP repair in collaboration with Schlumberger

   BOP repair in collaboration with Schlumberger Dismantling and blasting for inspection 8

10. Slide 10: BOP repair in collaboration with Schlumberger

    BOP repair in collaboration with Schlumberger Pre and Final machining Machining 9

11. Slide 11: BOP repair in collaboration with Schlumberger

    BOP repair in collaboration with Schlumberger Welding / Cladding and Furnace PWHT 10

12. Slide 12: BOP repair in collaboration with Schlumberger

    BOP repair in collaboration with Schlumberger Inspection (NDE and dimension) 11

13. Slide 13: BOP repair in collaboration with Schlumberger

    BOP repair in collaboration with Schlumberger Assembly, Testing (Hydrostatic and Shear) and Drift 12

14. Slide 14: BOP repair in collaboration with Schlumberger

    BOP repair in collaboration with Schlumberger In-house blasting and painting 13

15. Slide 15: BOP repair in collaboration with Schlumberger

    BOP repair in collaboration with Schlumberger Subsea BOP stack up and barge transportation 14

16. Slide 16: BOP repair in collaboration with Schlumberger

    BOP repair in collaboration with Schlumberger Testing and Painting of Cameron Dual Annular BOP 15

17. Slide 17: Manufacturing/Repair of MPD for OEM

    Manufacturing/Repair of MPD for OEM Managed Pressure Drilling (MPD) equipment 16

18. Slide 18: Manufacturing/Repair of MPD for OEM

    Manufacturing/Repair of MPD for OEM Managed Pressure Drilling (MPD) equipment 17

19. Slide 19: Repair and servicing of Telescopic Joint

    Repair and servicing of Telescopic Joint Telescopic Joint 18

20. Slide 20: Manifolds Maintenance

    Manifolds Maintenance CHOKE MANIFOLD LOAD TEST ON SKID 14 READY FOR SHIPMENT

21. Slide 21: Manifolds Maintenance

    Manifolds Maintenance HYDROSTATIC TEST JUNK CATCHER MANIFOLD 15

22. Slide 22: New Manufacturing Equipment/Components

    New Manufacturing Equipment/Components Locking Bracket API Clamp Casing Hanger Multi-Bowl 12” Integral Pulling Head Single String Block Valve Diverter Support Housing Transport Skid Lock Insert 21

23. Slide 23: Repair Equipment/Components

    Repair Equipment/Components 45 Degree Elbow Manifold components Suction Module Clamps Blind Flange Adapter Spool Strainer Block Elbow Block Spacer Spool 22 Adapter Ring

24. Slide 24: Structural Fabrication

    Structural Fabrication LMRP Frame Bell Mouth Fire Water Swivel Turret Bottom Link Plate 23

25. Slide 25: Structural Fabrication

    Structural Fabrication Accumulator Bottle Racks Support Frame Hydraulic Lines Cover Full MPD System Transportation Skid Cover Weldment 25

26. Slide 26: Assembly and Stackup

    Assembly and Stackup Rebuilt and complete stack-up 18 ¾” Choke & Kill Refurbishment - 15,000 PSI Blowout Preventer (BOP) for semi-submersible rig 25

27. Slide 27: Assembly and Testing of Equipment/Components

    Assembly and Testing of Equipment/Components ROV Operable Spool tree Handling Tool Offset Lift Cap Tool Assy Seal Assembly Retrieval Tool 18-3/4” Seal Assembly Rerun BOP Orientation Pin 27

28. Slide 28: Scan to follow us on LinkedIn

    MIQ Scan to follow us on LinkedIn

MTQ — Investor Presentation (2024) on 6ix