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Investor Presentaiton

Revenue ($ in millions) $600 $450 $489 $300 $378 Offshore Projects Group Offshore Projects Group (OPG) provides a broad portfolio of integrated subsea project capabilities and solutions, including: project management and engineering; subsea installation and intervention; IMR (inspection, maintenance, and repair) services; IWOCS and RWOCS services; large work packages (e.g., riserless light well intervention; hydrate remediation; well stimulation); diving; and dredging and decommissioning. Project scopes are supported by: ⚫ our owned vessels; $150 • chartered third-party vessels; and • manned diving operations for special services. $0 2021 2022 2023F 16% EBITDA Margin* 16% * For a reconciliation of this segment's Adjusted EBITDA Margin to Operating Income, see the Supplemental Information slides. Ⓡ OCEANEERING 17
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