DOF Group (DOFG) Investor presentation summary

Business profile and scale

• Integrated offshore services spanning vessel ownership and marine management, subsea engineering, project management and offshore project execution.

• Operations across six continents, with 40+ years of operating history, more than 6,000 employees and Norway headquarters.

• Fleet includes 62 owned offshore vessels and 5 hired-in vessels, plus 80 ROVs and AUV equipment; ~2,000 dedicated project and subsea employees.

Evolution and capabilities

• Founded in 1981 with two PSVs; expanded into subsea services through acquisitions and global IMR contract wins.

• Acquired Maersk Supply Service in 2024-2025 to increase scale and capacity in key markets.

• Awarded a third consecutive long-term Petrobras subsea infrastructure inspection contract in Brazil, with aggregate value above USD 900m.

• Commenced its largest SURF project to date in West Africa in 2025.

Fleet and market position

• Fleet value mix: high-end subsea vessels 44%, IMR/CSV 26%, high-end AHTS 20%, and PSV/lower-end AHTS 10%.

• Global operations and local knowledge support service to oil companies across regions, reducing dependence on any single geography.

• Selected customers include Petrobras, TechnipFMC, Chevron, TotalEnergies, ExxonMobil, Woodside Energy, Equinor and Eni.