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Investor Presentation

CADELER ENETI Combined company uniquely placed to address industry challenges Operating one of the most diversified fleet in the sector strengthening client value proposition 10 4 6 # of capable wind turbine and foundation installation vessels¹ 9 Selected scale & diversification benefits Right vessel for the right project ✓ Cross utilisation of fleets and parallel operations of vessels ✓ Synergies relating to secondary steel scope for smaller vessels ✓ Scale to allow for true global presence ✓ Improved utilization and fewer repositioning voyages 4 4 4 ✓ 3 3 3 Ability to take on smaller projects between larger projects 2 2 1 1 1 1 Ability to offer capacity in situations where projects delays are impacting available capacity CADELER DEME ENETI Seaway 7 Van Oord Heerema Fred Olsen Jan de Nul Saipem Boskalis Havfram Dominion Mærsk Energy Supply Service Penta Ocean Shimizu 1) Selected players in the industry where an owned vessel either has a pipeline of installation work or will be a value driver in O&M work as estimated by management. Including known undelivered newbuilds. Source: 4C Offshore and public filings
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