Seamec Limited · NSE:SEAMECLTD

Seamec — Q4 FY2024 Earnings Presentation

36 slides from Seamec's earnings presentation, May 28, 2024

1. Slide 1: Intimation letter to BSE Limited

   SEAMEC/BSE/PRESENATION/SMO/2805/2024 May 28, 2024 BSE Limited Phirojee Jeejeebhoy Towers, Dalal Street, Mumbai – 400001 Trading Symbol: 526807 Sub: Investor Presentation of the Investor Meet of SEAMEC LIMITED (‘the Company’) Ref: a. Regulation 30 (read with Schedule III -Part A) of Securities Exchan

2. Slide 2: Intimation letter to NSE

   SEAMEC/NSE/PRESENATION/SMO/2805/2024 May 28, 2024 National Stock Exchange of India Limited Exchange Plaza Plot No. C/1, G Block, Bandra-Kurla Complex, Bandra (East) Mumbai - 400 051 Trading Symbol: “SEAMECLTD” Sub: Investor Presentation of the Investor Meet of SEAMEC LIMITED (‘the Company’) Ref: a.

3. Slide 3: Investors Presentation | Q4 FY24

   /ŶǀĞƐƚŽƌƐWƌĞƐĞŶƚĂƚŝŽŶͮYϰ&zϮϰ

4. Slide 4: Safe Harbour Statement

   ^ĂĨĞ,ĂƌďŽƵƌ^ƚĂƚĞŵĞŶƚ YƵĂƌƚĞƌůLJhƉĚĂƚĞ dŚŝƐ ƉƌĞƐĞŶƚĂƚŝŽŶ ĂŶĚ ƚŚĞ ĂĐĐŽŵƉĂŶLJŝŶŐ ƐůŝĚĞƐ ;ƚŚĞ ͞WƌĞƐĞŶƚĂƚŝŽŶ͟Ϳ͕ ǁŚŝĐŚ ŚĂǀĞ ďĞĞŶ ƉƌĞƉĂƌĞĚ ďLJ ^ĞĂŵĞĐ >ŝŵŝƚĞĚ ;ƚŚĞ ͞ŽŵƉĂŶLJ͟ Žƌ ͞^ĞĂŵĞĐ͟Ϳ͕ ŚĂǀĞ ďĞĞŶ ƉƌĞƉĂƌĞĚ ƐŽůĞůLJ ĨŽƌ ŝŶĨŽƌŵĂƚŝŽŶ ƉƵƌƉŽƐĞƐ ĂŶĚ ĚŽ ŶŽƚ ĐŽŶƐƚŝƚƵƚĞ ĂŶLJ ŽĨĨĞƌ͕ ƌĞĐŽŵŵĞŶĚĂƚŝŽŶ Žƌ ŝŶǀŝƚĂƚŝŽŶ ƚŽ ƉƵƌĐŚĂƐĞ

5. Slide 5: Quarterly Update

   ey SEAMEC LIMITED Quarterly Update

6. Slide 6: Standalone Financial Highlights of Q4 and FY24

   ^ƚĂŶĚĂůŽŶĞ&ŝŶĂŶĐŝĂů,ŝŐŚůŝŐŚƚƐŽĨYϰŶĚ&zϮϰ ZĞǀĞŶƵĞ /d ĂƐŚWƌŽĨŝƚ Wd Ϯϯϰ ϭϬϱ ϭϬϭ ϳϲ ϵϰ ϵϭ YƵĂƌƚĞƌůLJ ϮϬϱ ϲϯ ϭϭϱ Ϯϰ Ϯϰ Ͳϭ Yϰ&zϮϯ Yϯ&zϮϰ Yϰ&zϮϰ Yϰ&zϮϯ Yϯ&zϮϰ Yϰ&zϮϰ Yϰ&zϮϯ Yϯ&zϮϰ Yϰ&zϮϰ Yϰ&zϮϯ Yϯ&zϮϰ Yϰ&zϮϰ ϳϬϳ ϮϵϬ Ϯϳϴ ϭϴϳ ϳϭй ϭϮϭй ϭϭϴй ϯϱϮй ŶŶƵĂů ϰϭϱ ϭϯϭ ϭϮϴ ϰϭ &zϮϯ &zϮϰ &zϮϯ &zϮϰ &zϮϯ &zϮϰ &zϮϯ &zϮϰ ^ĞĂŵĞ

7. Slide 7: Standalone Financial Highlights of Q4 FY24

   ^ƚĂŶĚĂůŽŶĞ&ŝŶĂŶĐŝĂů,ŝŐŚůŝŐŚƚƐŽĨYϰ&zϮϰ ZƐ͘/ŶĐƌŽƌĞ WĂƌƚŝĐƵůĂƌƐ Yϰ&zϮϰ Yϰ&zϮϯ zͲŽͲzй Yϯ&zϮϰ YͲŽͲYй ZĞǀĞŶƵĞ Ϯϯϰ͘ϯ ϭϭϱ͘ϯ ϭϬϯй ϮϬϱ͘Ϯ ϭϰй KƉĞƌĂƚŝŶŐdžƉĞŶƐĞƐ ϭϮϵ͘ϱ ϵϭ͘ϯ ϭϭϭ͘Ϯ /d ϭϬϰ͘ϴ Ϯϰ͘Ϭ ϯϯϳй ϵϰ͘Ϭ ϭϮй /dDĂƌŐŝŶ ϰϰ͘ϳй ϮϬ͘ϴй ϰϱ͘ϴй &ŝŶĂŶĐĞŽƐƚ ϯ͘ϵ Ϭ͘ϭ ϯ͘ϭ ĂƐŚWƌŽĨŝƚ ϭϬϭ͘Ϭ Ϯϯ͘ϵ ϯϮϯй ϵϬ͘ϵ ϭϭй ĞƉƌĞĐŝĂƚŝŽŶ Ϯϳ͘ϴ Ϯϳ͘Ϭ

8. Slide 8: Standalone Financial Highlights of FY24

   ^ƚĂŶĚĂůŽŶĞ&ŝŶĂŶĐŝĂů,ŝŐŚůŝŐŚƚƐŽĨ&zϮϰ ZƐ͘/ŶĐƌŽƌĞ WĂƌƚŝĐƵůĂƌƐ &zϮϰ &zϮϯ zͲŽͲzй ZĞǀĞŶƵĞ ϳϬϲ͘ϳ ϰϭϰ͘ϱ ϳϭй KƉĞƌĂƚŝŶŐdžƉĞŶƐĞƐ ϰϭϳ͘Ϯ Ϯϴϯ͘ϯ /d Ϯϴϵ͘ϱ ϭϯϭ͘Ϯ ϭϮϭй /dDĂƌŐŝŶ ϰϭ͘Ϭй ϯϭ͘ϲй &ŝŶĂŶĐĞŽƐƚ ϭϭ͘ϰ ϯ͘ϯ ĂƐŚWƌŽĨŝƚ Ϯϳϴ͘Ϯ ϭϮϳ͘ϵ ϭϭϴй ĞƉƌĞĐŝĂƚŝŽŶ ϭϬϱ͘ϴ ϵϮ͘ϳ WƌŽĨŝƚĞĨŽƌĞdžĐĞƉƚŝŽŶĂů/ƚĞŵƐ ϭϳϮ͘ϰ ϯϱ͘Ϯ ϯϵϬй džĐĞƉƚŝŽŶĂůWƌŽĨŝƚͬ

9. Slide 9: Standalone Financial Highlights of FY24: Key Financial Ratios

   ^ƚĂŶĚĂůŽŶĞ&ŝŶĂŶĐŝĂů,ŝŐŚůŝŐŚƚƐŽĨ&zϮϰ <ĞLJ&ŝŶĂŶĐŝĂůZĂƚŝŽƐ ZƐ͘Ϯϯϰƌ Ϭ͘Ϭϰy ϭϳй 'ƌŽƐƐĞďƚ EĞƚĞďƚͬƋƵŝƚLJ ZK ZƐ͘ϯϰƌ Ϭ͘ϭϮy Ϯϭй EĞƚĞďƚ EĞƚĞďƚͬ/d ZK ^ĞĂŵĞĐ>ŝŵŝƚĞĚ ͮ /ŶǀĞƐƚŽƌƐWƌĞƐĞŶƚĂƚŝŽŶ 7ϳ

10. Slide 10: Consolidated Financial Highlights of Q4 FY24

    ŽŶƐŽůŝĚĂƚĞĚ&ŝŶĂŶĐŝĂů,ŝŐŚůŝŐŚƚƐŽĨYϰ&zϮϰ ZƐ͘/ŶĐƌŽƌĞ WĂƌƚŝĐƵůĂƌƐ Yϰ&zϮϰ Yϰ&zϮϯ zͲŽͲzй Yϯ&zϮϰ YͲŽͲYй ZĞǀĞŶƵĞ Ϯϯϵ͘ϱ ϭϮϰ͘ϲ ϵϮй Ϯϭϵ͘ϭ ϵй KƉĞƌĂƚŝŶŐdžƉĞŶƐĞƐ ϭϰϵ͘ϭ ϵϵ͘Ϭ ϭϮϮ͘ϳ /d ϵϬ͘ϰϮ Ϯϱ͘ϲ Ϯϱϯй ϵϲ͘ϰϮ Ͳϲй /dDĂƌŐŝŶ ϯϳ͘ϴй ϮϬ͘ϱй ϰϰ͘Ϭй &ŝŶĂŶĐĞŽƐƚ ϱ͘ϭ ϭ͘Ϯ ϰ͘ϱ ĂƐŚWƌŽĨŝƚ ϴϱ͘ϯ Ϯϰ͘ϰ ϮϱϬй ϵϭ͘ϵϯ Ͳϳй ĞƉƌĞĐŝĂƚŝŽŶ ϯϱ͘ϯ ϯϭ͘ϰ

11. Slide 11: Consolidated Financial Highlights of FY24

    ŽŶƐŽůŝĚĂƚĞĚ&ŝŶĂŶĐŝĂů,ŝŐŚůŝŐŚƚƐŽĨ&zϮϰ ZƐ͘/ŶĐƌŽƌĞ WĂƌƚŝĐƵůĂƌƐ &zϮϰ &zϮϯ zͲŽͲzй ZĞǀĞŶƵĞ ϳϱϴ͘ϭ ϰϱϳ͘Ϯ ϲϲй KƉĞƌĂƚŝŶŐdžƉĞŶƐĞƐ ϰϴϳ͘ϭ ϯϭϬ͘ϴ /d Ϯϳϭ͘ϭ ϭϰϲ͘ϰ ϴϱй /dDĂƌŐŝŶ ϯϱ͘ϴй ϯϮ͘Ϭй &ŝŶĂŶĐĞŽƐƚ ϭϲ͘ϯ ϲ͘ϴ ĂƐŚWƌŽĨŝƚ Ϯϱϰ͘ϴ ϭϯϵ͘ϲ ϴϯй ĞƉƌĞĐŝĂƚŝŽŶ ϭϯϰ͘ϴ ϭϭϮ͘Ϭ WƌŽĨŝƚĞĨŽƌĞdžĐĞƉƚŝŽŶĂů/ƚĞŵƐ ϭϮϬ͘Ϭ Ϯϳ͘ϲ ϯϯϱй džĐĞƉƚŝŽŶĂůWƌŽĨŝƚͬ

12. Slide 12: Consolidated Financial Highlights of FY24: Key Financial Ratios

    ŽŶƐŽůŝĚĂƚĞĚ&ŝŶĂŶĐŝĂů,ŝŐŚůŝŐŚƚƐŽĨ&zϮϰ <ĞLJ&ŝŶĂŶĐŝĂůZĂƚŝŽƐ ZƐ͘ϯϬϳƌ Ϭ͘Ϭϱy ϭϭй 'ƌŽƐƐĞďƚ EĞƚĞďƚͬƋƵŝƚLJ ZK ZƐ͘ϰϴƌ Ϭ͘ϭϴy ϭϯй EĞƚĞďƚ EĞƚĞďƚͬ/d ZK ^ĞĂŵĞĐ>ŝŵŝƚĞĚ ͮ /ŶǀĞƐƚŽƌƐWƌĞƐĞŶƚĂƚŝŽŶ 10 ϭϬ

13. Slide 13: Business Updates – Q4 FY24

    ƵƐŝŶĞƐƐhƉĚĂƚĞƐʹ Yϰ&zϮϰ ^ĞĂŵĞĐ ŝĂŵŽŶĚ ™ ĐƋƵŝƌĞĚĂŶKĨĨƐŚŽƌĞ^ƵƉƉŽƌƚsĞƐƐĞů͞^ĞĂŵĞĐ ŝĂŵŽŶĚ͟ĨŽƌh^ϳŵŝůůŝŽŶ͘ ™ dĂŬĞŽǀĞƌĐŽŵƉůĞƚĞĚŽŶϮŶĚ :ĂŶƵĂƌLJϮϬϮϰ͘ ™ džƉĞĐƚĞĚƚŽďĞĚĞƉůŽLJĞĚǁŝƚŚKE'ĨƌŽŵYϭ&zϮϱĨŽƌĂƉĞƌŝŽĚŽĨϯLJĞĂƌƐĂƚh^ϴ͕ϳϱϬͬͲ ƉĞƌĚĂLJ ^ĞĂŵĞĐ WĞĂƌů ™ ŶƚĞƌĞĚŝŶƚŽĂŐƌĞĞŵĞŶƚƚŽƉƵƌĐŚĂƐĞKĨĨƐŚŽƌĞ^ƵƉƉŽƌƚsĞƐƐĞů͞^ĞĂŵĞĐ WĞĂƌů͟ĨŽƌh^ϳŵŝů

14. Slide 14: Company Overview

    ey SEAMEC LIMITED Company Overview

15. Slide 15: Our Journey

    KƵƌ:ŽƵƌŶĞLJ ϮϬϭϬ ϮϬϮϬͲϮϮ džƉĂŶƐŝŽŶ džƉĂŶƐŝŽŶ o ^ƚĞƉĚŽǁŶ^ƵďƐŝĚŝĂƌLJ o /ŶĐŽƌƉŽƌĂƚĞĚtK^ ͞^ĞĂŵĂƚĞ ^ŚŝƉƉŝŶ&͟ ͞^ĞĂŵĞĐ /ŶƚĞƌŶĂƚŝŽŶĂů&͟ o &ŽƌŵĞĚ:s͞^ĞĂŵĞĐ EŝƌŵĂŶ /ŶĨƌĂ>ƚĚ͟ĨŽƌ dƵŶŶĞůƉƌŽũĞĐƚƐ o džƉĂŶĚĞĚĨůĞĞƚďLJĂĚĚŝƚŝŽŶ ŽĨWĂůĂĚŝŶ͕^ǁŽƌĚĨŝƐŚĂŶĚ 'ůŽƌŝŽƵƐĂƌŐĞ͘ ϮϬϮϯ ϭϵϴϲͲϮϬϬϭ ƵƌƌĞŶƚ^ƚĂƚƵƐ ϮϬϭϰ KƌŝŐŝŶ o KǁŶƐĂŶĚŽƉĞƌĂƚĞϱ Ɛ

16. Slide 16: Company Overview

    ŽŵƉĂŶLJKǀĞƌǀŝĞǁ sŝƐŝŽŶĂƌLJ>ĞĂĚĞƌƐŚŝƉ s • hŶĚĞƌĂĚLJŶĂŵŝĐůĞĂĚĞƌƐŚŝƉŽĨDƌ͘^ĂŶũĞĞǀŐĂƌǁĂůͲ ŚĂŝƌŵĂŶŽĨDD'͕ǁĞŚĂǀĞĞĂƌŶĞĚĂ ƌĞƉƵƚĂƚŝŽŶŽĨĂƌĞůŝĂďůĞĂŶĚƉƌĞĨĞƌƌĞĚƉůĂLJĞƌŝŶKĨĨƐŚŽƌĞKŝůĨŝĞůĚĂŶĚDĂŝŶ&ůĞĞƚƐŚŝƉƉŝŶŐ ŝŶĚƵƐƚƌLJ ĐƋƵŝƐŝƚŝŽŶŽĨƐŝĂŶWĞĂƌů • hŶĚĞƌĂũŽŝŶƚǀĞŶƚƵƌĞĂŐƌĞĞŵĞŶƚďĞƚǁĞĞŶ^ĞĂŵĞĐ /ŶƚĞƌŶĂƚŝŽŶĂů&ĂŶĚƌĞƚĞ^ŚŝƉƉŝŶŐD͕ ĂŶĞǁďƵ

17. Slide 17: Key Competitive Strengths

    <ĞLJŽŵƉĞƚŝƚŝǀĞ^ƚƌĞŶŐƚŚƐ ^ƚƌŽŶŐƉĂƌĞŶƚĂŐĞŽĨ dĞĐŚŶŝĐĂůĞdžƉĞƌƚŝƐĞĂŶĚ >ŽǁŵĂŝŶƚĞŶĂŶĐĞĐŽƐƚ DD'ƐƚƌĞŶŐƚŚĞŶŝŶŐ ĨŝŶĂŶĐŝĂůƐƚƌĞŶŐƚŚ ĚƵĞƚŽƉƌŽĂĐƚŝǀĞ ĨŝŶĂŶĐŝĂůƉŽƐŝƚŝŽŶĂŶĚ ďŽŽƐƚŝŶŐƵƐƚŽĂůĞĂĚŝŶŐ ƉƌĞǀĞŶƚŝǀĞŵĂŝŶƚĞŶĂŶĐĞ ŵĂƌŬĞƚƌĞƉƵƚĂƚŝŽŶ ƉŽƐŝƚŝŽŶŝŶƚĞŶĚĞƌŝŶŐ ƉƌŽĐĞƐƐ Ϭϭ ϬϮ Ϭϯ Ϭϰ Ϭϱ Ϭϲ Ϭϳ ĨŽƌŵŝĚĂďůĞƉůĂLJĞƌŝŶ sŝďƌĂŶƚůĞĂĚĞƌƐŚŝƉĂŶ

18. Slide 18: Broad Range of Services

    ƌŽĂĚZĂŶŐĞŽĨ^ĞƌǀŝĐĞƐ /DZKƉĞƌĂƚŝŽŶƐ ZKsKƉĞƌĂƚŝŽŶƐ ^ƵďƐĞĂŽŶƐƚƌƵĐƚŝŽŶ WŽůůƵƚŝŽŶŽŶƚƌŽů &ŝƌĞ&ŝŐŚƚŝŶŐ ZĞƐĐƵĞKƉĞƌĂƚŝŽŶƐ • ĂƌƌLJŝŶŐŽƵƚ/ŶƐƉĞĐƚŝŽŶ͕ • ^ƵƉƉŽƌƚŝŶŐZĞŵŽƚĞůLJ • hŶĚĞƌƚĂŬŝŶŐŽƉĞƌĂƚŝŽŶƐ • &ĂĐŝůŝƚĂƚŝŶŐƉŽůůƵƚŝŽŶ • ^ƵƉƉŽƌƚŝŶŐƐƵďͲƐĞĂĨŝƌĞ • hŶĚĞƌƚĂŬŝŶŐZĞƐĐƵĞ DĂŝŶƚĞŶĂŶĐĞ͕ĂŶĚZĞƉĂŝƌ KƉĞƌĂƚĞĚsĞŚŝĐůĞƐ;ZKsƐͿ ƐƵĐŚĂƐ

19. Slide 19: Our Marquee Clients

    KƵƌDĂƌƋƵĞĞůŝĞŶƚƐ KŝůĨŝĞůĚ^ĞƌǀŝĐĞƐ ƵůŬĂƌƌŝĞƌ^ĞƌǀŝĐĞƐ ^ĞĂŵĞĐ>ŝŵŝƚĞĚ ͮ /ŶǀĞƐƚŽƌƐWƌĞƐĞŶƚĂƚŝŽŶ ϭϳ

20. Slide 20: Complying with QHSE Standards

    ĚŚĞƌŝŶŐƚŽ,ŝŐŚĞƐƚ^ĂĨĞƚLJ^ƚĂŶĚĂƌĚƐ ŽŵƉůLJŝŶŐǁŝƚŚY,^^ƚĂŶĚĂƌĚƐ tĞĂĐŬŶŽǁůĞĚŐĞŽƵƌƌĞƐƉŽŶƐŝďŝůŝƚLJƚŽǁĂƌĚƐĞŶƐƵƌŝŶŐ ĞŶǀŝƌŽŶŵĞŶƚĂůƐƵƐƚĂŝŶĂďŝůŝƚLJĂŶĚŽƉĞƌĂƚŝŽŶĂůƐĂĨĞƚLJĂŶĚ ƐƚƌŝĐƚůLJĂĚŚĞƌĞƚŽYƵĂůŝƚLJ͕,ĞĂůƚŚ͕^ĂĨĞƚLJ͕ŶǀŝƌŽŶŵĞŶƚĂů ;Y,^ͿƐƚĂŶĚĂƌĚƐ͘ tĞĂƌĞĨƵůůLJĐŽŵƉůŝĂŶƚǁŝƚŚ͗ /^KϵϬϬϭ͗ϮϬϭϱ /^KϭϰϬϬϭ͗ϮϬϭϴ /^KϰϱϬϬϭ͗ϮϬϭϴ DĂƌŝŶĞ DĂŶĂŐĞ

21. Slide 21: Promoting Environmental and Oceanic Sustainability

    WƌŽŵŽƚŝŶŐŶǀŝƌŽŶŵĞŶƚĂůĂŶĚKĐĞĂŶŝĐ^ƵƐƚĂŝŶĂďŝůŝƚLJ ĚŚĞƌŝŶŐƚŽĂůůĂƐƚ ŽŵƉƌĞŚĞŶƐŝǀĞ hƚŝůŝnjŝŶŐ>Žǁ^ƵůƉŚƵƌ DŝŶŝŵŝnjŝŶŐWůĂƐƚŝĐ >ŽǁĞƌŝŶŐŽŶƐƵŵƉƚŝŽŶ tĂƚĞƌDĂŶĂŐĞŵĞŶƚ tĂƐƚĞDĂŶĂŐĞŵĞŶƚ ŽŶƚĞŶƚŝĞƐĞů hƐĞ ŽĨůĞĐƚƌŝĐŝƚLJĂŶĚWĂƉĞƌ ;tDͿZĞŐƵůĂƚŝŽŶƐ ƉƌŽĐĞĚƵƌĞƐ ŽŵƉůŝĂŶƚǁŝƚŚ/DKƌĞŐƵůĂƚŝŽŶƐ ůůǀĞƐƐĞůƐĨƵůůLJĐŽŵƉůŝĂŶƚĂƐƉĞƌ ŽŵƉůŝĂŶƚǁŝƚŚDĂŚĂ

22. Slide 22: Indian Industry Landscape

    es SEAMEC LIMITED Indian Industry Landscape

23. Slide 23: Indian Offshore Oilfield Industry

    /ŶĚŝĂŶKĨĨƐŚŽƌĞ KŝůĨŝĞůĚ/ŶĚƵƐƚƌLJ /ŶĚŝĂŶŽĨĨƐŚŽƌĞŽŝůĨŝĞůĚŝŶĚƵƐƚƌLJƉƌŽǀŝĚĞƐĐƌŝƚŝĐĂůƐƵƉƉŽƌƚƚŽƚŚĞĐŽƵŶƚƌLJ͛ƐKŝůΘ'ĂƐƐĞĐƚŽƌǁŚŝĐŚƉůĂLJƐĂŬĞLJƌŽůĞŝŶ/ŶĚŝĂŶĞĐŽŶŽŵŝĐĚĞǀĞůŽƉŵĞŶƚ͘ /ŶĚŝĂ͛ƐƐŚĂƌĞŝŶŐůŽďĂůŽŝůĐŽŶƐƵŵƉƚŝŽŶůŽǁĞƌƚŚĂŶƚŚĂƚŽĨh^ĂŶĚŚŝŶĂ /ŶĐƌĞĂƐŝŶŐ 'ƌŽǁŝŶŐĞŵĂŶĚ WŽůŝĐLJ^ƵƉƉŽƌƚ /ŶǀĞƐƚŵĞŶƚƐ o /ŶĚŝĂ͗ϯƌĚůĂƌŐĞƐƚŽŝůĐŽŶƐƵŵĞƌŐůŽ

24. Slide 24: Indian Offshore Oilfield Industry (Contd.)

    /ŶĚŝĂŶKĨĨƐŚŽƌĞKŝůĨŝĞůĚ/ŶĚƵƐƚƌLJ;ŽŶƚĚ͘Ϳ ƵƌƌĞŶƚKŝů/ŶĚƵƐƚƌLJLJŶĂŵŝĐƐ /ŶĚŝĂĐƵƌƌĞŶƚůLJŝŵƉŽƌƚƐĂďŽƵƚϴϱйŽĨŽŝůĂŶĚĂďŽƵƚϱϬйŐĂƐƚŚĂƚŝƚĐŽŶƐƵŵĞƐ͘&ƵĞůůĞĚďLJƚŚĞĨĂƐƚŐƌŽǁƚŚŝŶ'W͕ƚŚĞƌŝƐŝŶŐĚĞŵĂŶĚĨŽƌ ĨƵĞůŚĂƐƌĞƐƵůƚĞĚŝŶ/ŶĚŝĂŝŵƉŽƌƚŝŶŐĂůŵŽƐƚϴϳйŽĨŝƚƐĚŽŵĞƐƚŝĐĐŽŶƐƵŵƉƚŝŽŶŝŶ&zϮϬϮϮͲϮϯ͘ WƌŽĚƵĐƚŝŽŶĂŶĚŽŶƐƵŵƉƚŝŽŶͲ /E/ /ŵƉŽƌƚƐ͕džƉŽƌƚƐΘĚĞƉĞŶĚĞ

25. Slide 25: Growth Drivers for Indian Oil and Gas Industry

    /ŶĚŝĂŶKĨĨƐŚŽƌĞKŝůĨŝĞůĚ/ŶĚƵƐƚƌLJ;ŽŶƚĚ͘Ϳ 'ƌŽǁƚŚƌŝǀĞƌƐĨŽƌ/ŶĚŝĂŶKŝůĂŶĚ'ĂƐ/ŶĚƵƐƚƌLJ 'ƌŽǁŝŶŐĞŵĂŶĚ • KŝůĚĞŵĂŶĚŝŶ/ŶĚŝĂŝƐƉƌŽũĞĐƚĞĚƚŽƌĞŐŝƐƚĞƌĂϮdžŐƌŽǁƚŚďLJϮϬϰϱ͘ • ŝĞƐĞůĚĞŵĂŶĚŝŶ/ŶĚŝĂŝƐĞdžƉĞĐƚĞĚƚŽĚŽƵďůĞƚŽϭϲϯDdďLJϮϬϮϵͲϯϬ͕ǁŝƚŚĚŝĞƐĞůĂŶĚŐĂƐŽůŝŶĞĐŽǀĞƌŝŶŐϱϴйŽĨ/ŶĚŝĂ͛ƐŽŝůĚĞŵĂŶĚďLJϮϬϰϱ͘ • EĂƚƵƌĂůŐĂƐĐŽŶƐƵŵƉƚŝŽŶŝŶ/ŶĚŝĂŝƐĞdžƉĞĐƚĞĚƚ

26. Slide 26: Indian Offshore Oilfield Industry (Contd.)

    /ŶĚŝĂŶKĨĨƐŚŽƌĞKŝůĨŝĞůĚ/ŶĚƵƐƚƌLJ;ŽŶƚĚ͘Ϳ /ŶĚŝĂŶŽĨĨƐŚŽƌĞŽŝůĨŝĞůĚƐĞƌǀŝĐĞƐŝŶĚƵƐƚƌLJŝƐǁĞůůƉŽŝƐĞĚƚŽŐƌŽǁŝŶƚŚĞďĂĐŬĚƌŽƉŽĨƚŚĞƌŝƐŝŶŐĞŶĞƌŐLJĚĞŵĂŶĚŽĨƚŚĞĐŽƵŶƚƌLJ͘ • /ŶĐƌĞĂƐŝŶŐKŝůΘ'ĂƐΘWĂĐƚŝǀŝƚŝĞƐ ďĂĐŬĞĚďLJƌŝƐŝŶŐĚĞŵĂŶĚĨŽƌŽŝůĂŶĚ • dŚĞŐŽǀĞƌŶŵĞŶƚƚĂƌŐĞƚŝŶŐƚŽůŽǁĞƌ ŐĂƐ ĚĞƉĞŶĚĞŶĐĞŽŶŽŝůŝŵƉŽƌƚƐďLJ ŝŶĐƌĞĂƐŝŶŐůŽĐĂůƉƌŽĚƵĐƚŝŽŶĂŶĚ ŽƚŚĞ

27. Slide 27: ONGC – Key Oil & Gas Player

    KE'ʹ <ĞLJKŝůΘ'ĂƐWůĂLJĞƌ /ŶĚŝĂŚĂƐƐŝŐŶĞĚĐŽŶƚƌĂĐƚƐĨŽƌƚĞŶŽŝůĂŶĚŐĂƐĞdžƉůŽƌĂƚŝŽŶďůŽĐŬƐŽĨĨĞƌĞĚƵŶĚĞƌƚŚĞƌĞĐĞŶƚKƉĞŶĐƌĞĂŐĞ>ŝĐĞŶƐŝŶŐWŽůŝĐLJ;K>WͲs///ͿďŝĚƌŽƵŶĚ͘ KE'ĞŵĞƌŐĞĚĂƐƚŚĞĚŽŵŝŶĂŶƚƉůĂLJĞƌŝŶƚŚĞK>WͲs///ďŝĚƌŽƵŶĚ͕ƐĞĐƵƌŝŶŐƐĞǀĞŶŽƵƚŽĨƚĞŶďůŽĐŬƐ ŝƐĐŽǀĞƌŝĞƐĚƵƌŝŶŐ&zϮϯ ^ƌ͘EŽ͘ ĂƐŝŶͬůŽĐŬ ŝƐĐŽǀĞƌLJǁĞůů ĐƌĞĂŐĞ ŝƐĐŽǀĞƌLJdLJƉĞ ,LJƚĚƌŽĐ

28. Slide 28: SEAMEC: Strong Asset Portfolio

    S SEAMEC LIMITED SEAMEC: Strong Asset Portfolio

29. Slide 29: Asset Portfolio – Diving Support Vessels

    ƐƐĞƚWŽƌƚĨŽůŝŽʹ ŝǀŝŶŐ^ƵƉƉŽƌƚsĞƐƐĞůƐ o ŝǀŝŶŐ^ƵƉƉŽƌƚsĞƐƐĞůƐĂƌĞƐƉĞĐŝĂůŝnjĞĚƐŚŝƉƐĚĞƐŝŐŶĞĚƚŽĨĂĐŝůŝƚĂƚĞŽĨĨƐŚŽƌĞĚŝǀŝŶŐŽƉĞƌĂƚŝŽŶƐƋƵŝƉƉĞĚǁŝƚŚĚĞĚŝĐĂƚĞĚ ĨĂĐŝůŝƚŝĞƐĨŽƌĚŝǀĞƌƐ͕ĂĚǀĂŶĐĞĚĚŝǀŝŶŐĞƋƵŝƉŵĞŶƚ͕ĂŶĚĐŽŶƚƌŽůƐLJƐƚĞŵƐ o ^sƐƉƌŽǀŝĚĞƐƐĞƌǀŝĐĞƐ͕ǁŚŝĐŚŝŶĐůƵĚĞ^͘͘DŵĂŝŶƚĞŶĂŶĐĞƌĞŵŽǀĂůĂŶĚŝŶƐƚĂůůĂƚŝŽŶƐ͕WůĂƚĨŽƌŵ͕ZŝƐĞƌĂŶĚWŝƉĞůŝŶĞ

30. Slide 30: Asset Portfolio – Diving Support Vessels

    ƐƐĞƚWŽƌƚĨŽůŝŽʹ ŝǀŝŶŐ^ƵƉƉŽƌƚsĞƐƐĞůƐ ^DW>/E ^D^tKZ&/^, ƵŝůƚzĞĂƌ͗ϮϬϬϴ ƵŝůƚzĞĂƌ͗ϮϬϬϳ WƌŽĐƵƌĞŵĞŶƚzĞĂƌ͗ϮϬϮϭ WƌŽĐƵƌĞŵĞŶƚzĞĂƌ͗ϮϬϮϯ 'ƌŽƐƐdŽŶŶĂŐĞ͗ϱ͕ϲϰϴ 'ƌŽƐƐdŽŶŶĂŐĞ͗ϱ͕ϯϳϮ ^ĞĂŵĞĐ>ŝŵŝƚĞĚ ͮ /ŶǀĞƐƚŽƌƐWƌĞƐĞŶƚĂƚŝŽŶ Ϯϴ

31. Slide 31: Asset Portfolio – Offshore Support Vessels

    ƐƐĞƚWŽƌƚĨŽůŝŽʹ KĨĨƐŚŽƌĞ^ƵƉƉŽƌƚsĞƐƐĞůƐ o KĨĨƐŚŽƌĞ^ƵƉƉŽƌƚsĞƐƐĞůƐ;K^sƐͿĂƌĞƐƉĞĐŝĂůůLJĚĞƐŝŐŶĞĚƐŚŝƉƐĨŽƌƚŚĞůŽŐŝƐƚŝĐĂůƐĞƌǀŝĐŝŶŐŽĨŽĨĨƐŚŽƌĞƉůĂƚĨŽƌŵƐĂŶĚƐƵďƐĞĂ ŝŶƐƚĂůůĂƚŝŽŶƐ͕ĨƌŽŵŝŶƐƚĂůůĂƚŝŽŶƚŚƌŽƵŐŚƚŚĞĨƵůůͲƐĞƌǀŝĐĞůŝĨĞŽĨŽĨĨƐŚŽƌĞĨŝĞůĚƐ o dŚĞLJĂƌĞŝŶƚĞŐƌĂůƚŽŐĞƚƚŝŶŐƐƵƉƉůŝĞƐĂŶĚŵĂƚĞƌŝĂůƐǁŚĞƌĞƚŚĞLJŶĞĞĚƚŽŐŽ͕ĂƐǁĞůůĂƐďƵŝůĚŝŶŐ

32. Slide 32: Asset Portfolio – Barge

    ƐƐĞƚWŽƌƚĨŽůŝŽʹ ĂƌŐĞ o ŶtŝƐĂƐƉĞĐŝĂůŝnjĞĚǀĞƐƐĞůĚĞƐŝŐŶĞĚĨŽƌŽƉĞƌĂƚŝŶŐŝŶƐŚĂůůŽǁǁĂƚĞƌĂƌĞĂƐŽƌǁŚĞƌĞƚŚĞƌŝƐŬŽĨĨĂŝůƵƌĞŽĨŵĂĐŚŝŶĞĐĂŶ ĐĂƵƐĞƐĞǀĞƌĞĐŽŶƐĞƋƵĞŶƚŝĂůůŽƐƐĞƐ͘ o tŝƐĂůƐŽƵƐĞĚĨŽƌƉƌŽǀŝĚŝŶŐĂĐĐŽŵŵŽĚĂƚŝŽŶƚŽŽĨĨƐŚŽƌĞƉĞƌƐŽŶŶĞůƚŽǁŽƌŬ͘ o tŝƐƵƐĞĚĨŽƌĐĂƌƌLJŝŶŐŽƵƚ^ĂƚƵƌĂƚŝŽŶĂŶĚŝƌŝǀŝŶŐ͕ZKs͕ƌĂŶĞ^ƵƉƉŽƌƚĞƚĐ ƐŝŵŝůĂƌƚŽD^sƐ͘ ^D'>KZ

33. Slide 33: Asset Portfolio – Bulk Carrier

    ƐƐĞƚWŽƌƚĨŽůŝŽʹ ƵůŬĂƌƌŝĞƌ o ƵůŬĐĂƌƌŝĞƌƐĂƌĞƐƉĞĐŝĂůŝnjĞĚǀĞƐƐĞůƐĚĞƐŝŐŶĞĚĨŽƌƚŚĞĞĨĨŝĐŝĞŶƚƚƌĂŶƐƉŽƌƚĂƚŝŽŶŽĨůĂƌŐĞƋƵĂŶƚŝƚŝĞƐŽĨĚƌLJďƵůŬĐĂƌŐŽ͕ŝŶĐůƵĚŝŶŐ ĐŽŵŵŽĚŝƚŝĞƐ ůŝŬĞĐŽĂů͕ŝƌŽŶŽƌĞ͕ĂŶĚŐƌĂŝŶƐ͘ o tĞŽǁŶĂŶĚŽƉĞƌĂƚĞƚŚƌĞĞŵĂŝŶĨůĞĞƚƐŚŝƉƉŝŶŐďƵůŬĐĂƌƌŝĞƌƐŽĨǀĂƌLJŝŶŐƚŽŶŶĂŐĞĐĂƉĂĐŝƚŝĞƐ͕ƉŽƐŝƚŝŽŶŝŶŐƵƐƚŽĐĂƉŝƚĂůŝnjĞ ŽƉƉŽƌƚƵŶŝƚŝĞƐŝŶĐŚĂ

34. Slide 34: Experienced Management Team

    © SEAMEC LIMITED Experienced Management Team

35. Slide 35: Experienced Management Team

    džƉĞƌŝĞŶĐĞĚDĂŶĂŐĞŵĞŶƚdĞĂŵ ŽĂƌĚŽĨŝƌĞĐƚŽƌƐ <ĞLJDĂŶĂŐĞŵĞŶƚ Dƌ͘^ƵƌŝŶĚĞƌ^ŝŶŐŚ<ŽŚůŝ Dƌ͘ZĂŬĞƐŚLJƌŝ /ŶĚĞƉĞŶĚĞŶƚŝƌĞĐƚŽƌ ŚŝĞĨdžĞĐƵƚŝǀĞKĨĨŝĐĞƌ ϰϮнLJĞĂƌƐĞdžƉĞƌŝĞŶĐĞŝŶƚŚĞďĂŶŬŝŶŐŝŶĚƵƐƚƌLJ͘ ϰϬzƌƐ ĞdžƉĞƌŝĞŶĐĞŝŶKŝůΘ'ĂƐ/ŶĚƵƐƚƌLJ͕ƐŚŝƉ ,ĞŚĂƐďĞĞŶĂŚĂŝƌŵĂŶĂŶĚDŽĨWƵŶũĂďΘ^ŝŶĚĂŶŬ͕WƵŶũĂďEĂƚŝŽŶĂůĂŶŬĂŶĚ//&>ƚĚ͘ ŵĂŶĂŐĞŵĞŶƚ͕ƐĞĂĨĂƌŝŶŐĂŶĚĞŶƚƌ

36. Slide 36: Contact Details / Thank You

    &ŽƌĨƵƌƚŚĞƌŝŶĨŽƌŵĂƚŝŽŶ͕ƉůĞĂƐĞĐŽŶƚĂĐƚ͗ /ŶǀĞƐƚŽƌZĞůĂƚŝŽŶƐĚǀŝƐŽƌƐ͗ ZĞŐŝƐƚĞƌĞĚΘŽƌƉŽƌĂƚĞKĨĨŝĐĞ KƌŝĞŶƚĂƉŝƚĂů;ĂĚŝǀŝƐŝŽŶŽĨ>ŝŶŬ'ƌŽƵƉͿ ϵϬϭͲϵϬϱ͕ϵƚŚ&ůŽŽƌ͕ϮϭϱƚƌŝƵŵ͕ ŶĚŚĞƌŝ<ƵƌůĂZŽĂĚ͕ Dƌ͘EŝŬƵŶũ:ĂŝŶ ŶĚŚĞƌŝĂƐƚ͕DƵŵďĂŝͲ ϰϬϬϬϵϯ нϵϭϵϳϲϵϬϲϬϲϬϴ dĞů͗;ϬϮϮͿϲϲϵϰϭϴϬϬ&Ădž͗;ϬϮϮͿϲϲϵϰϭϴϭϴ ŶŝŬƵŶũ͘ũĂŝŶΛůŝŶŬŝŶƚŝŵĞ͘ĐŽ͘ŝŶ ŵĂŝů͗ĐŽŶƚĂĐƚΛƐĞ

SEAMEC — Q4 FY2024 Earnings Presentation on 6ix