Strategic Rationale for Tidewater's Acquisition of SPO Fleet

Global Footprint in All Major Offshore Regions 5 Americas 34 OSVS 2 1 3 12 Europe - 29 OSVS 3 1 17 8 11 West Africa - 50 OSVS 4 5 3 Note: Reflects only PSVS and AHTSS, includes TDW vessels booked as AHFS; does not reflect TDW fleet of crew boats, maintenance vessels or tug boats. 12 7 3 Middle East/Asia Pac - 61 OSVS 4 2 6 10 9 T Total Fleet -174 OSVS 63 PSV AHTS 16 18 12 Legend SPO Locations ■>900m2 ■■700-900m2 <700m2 ■4-8K BHP 6 ■8 12K BHP ■12 - 16K BHP ■>16K 111 Tidewater Locations tdw.com

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