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Investor Presentation

CADELER ENETI Improving mob/demob efficiency to reduce cost and improve utilization Cross utilization of equipment, sea fastenings and tooling can significantly reduce project costs, by minimising time and materials used during mobilisation and de-mobilisation between projects Add further operational days and boost earnings on actual installations āœ“ Complementary vessels to enable stronger fleet utilization - "The right tool for the right job" āœ“ Additional scopes made available for a versatile fleet i.e., secondary steel, service etc Allocated vessels by region to maximize utilization on value adding services Project 1 mobilization Project 1 execution Project 1 de-mobilization Project 2 mobilization Project 2 execution Data only for illustrative purposes. A larger fleet enables us to install more turbines, by significantly reducing project preparation time and relocation time 2024 Q1 Q2 Q3 Q4 Regular mob scope >25 days 2025 Q1 Expected efficiency gains of >20 days for combined mob-demob and lower project cost due to cross utilization
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