Floatel International Ltd was established in 2006 and is incorporated under the laws of Bermuda. The mission of the Company is to own and operate the most modern, safe and reliable fleet of semi-submersible accommodation and construction support vessels (flotels), in order to provide a cost efficient operation and meet the increased market and regulatory demands. The fleet is designed to meet the needs set by new challenging projects in deep water and hostile environments. Floatel International strives to provide superior living standard and support services compared to the existing flotel fleet.

Tidewater Inc. (Tidewater) is the owner and operator of the world’s largest Offshore Support Vessel (OSV) fleet. Established in 1956, Tidewater is anchored by its long heritage with over 65 years of experience supporting offshore energy exploration and production activities worldwide. Driven by our strive for excellence, Tidewater has evolved over the years, successfully completing financial restructuring in 2017 and acquiring offshore companies including GulfMark in 2018 and Swire Pacific Offshore in 2022. Tidewater pioneered the world’s first custom-build oil & gas service vessel, Ebb Tide in 1955. Today, our diverse fleet comprises over 200 vessels including Anchor Handling Towing Supply Vessels, Platform Supply Vessels, offshore tugs, specialty vessels, crew boats and floating storage vessels that are well-equipped with state-of-art technologies. They provide a myriad of high quality and cost-effective marine services. Tidewater aims to be the global leader in the offshore industry by upholding highest safety and operational standards and providing exceptional services to customers across the regions where we operate. We take pride in delivering these services in an honest, cost-efficient, profitable, and transparent manner for stakeholders, including employees, customers, capital sources, vendors, and local communities. People and vessels are our best assets. Our workforce comprises over 500 shore-based employees and 5,000 seagoing employees, highly skilled maritime professionals from diverse nationalities, backgrounds, and cultures. We care for our people, local communities, the environment and seek to comply with all applicable laws and regulations. We are committed to: • Operating safely, in compliance with all applicable laws • Minimizing environmental impacts • Developing the next generation of specialized marine support vessels • Preserving our financial strength through solid returns, a strong balance sheet and disciplined capital management

Citi's mission is to serve as a trusted partner to our clients by responsibly providing financial services that enable growth and economic progress. Our core activities are safeguarding assets, lending money, making payments and accessing the capital markets on behalf of our clients. We have 200 years of experience helping our clients meet the world's toughest challenges and embrace its greatest opportunities. We are Citi, the global bank – an institution connecting millions of people across hundreds of countries and cities. For information on Citi’s commitment to privacy, visit on.citi/privacy.