AT A GLANCE. Group Financial Highlights. For the year % Change

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1 Group Financial Highlights For the year % Change Group Profit & Loss Account ($ ) Turnover 1,67,986 1,11,12.8 Profit EBITA 112, ,673 (12.4) Operating Profit 74,38 89,883 (17.33) Profit BeforeTax 9, ,291 (18.1) Attributable Profit 78,4 92,98 (14.72) AT A GLANCE Group Balance Sheet ($ ) Total Assets 1,2,11 1,488, 2.46 Total Liabilities 83,242 38, Net Tangible Assets 917, ,64 (1.21) Shareholders Funds 927,127 94,8 (1.37) Minority Interests 14,746 1, Capital Employed 941,873 9,34 (.89) Cash and Cash Equivalent 22, , Borrowings 11,29 27, Net Cash 11,77 134,73 (24.47) Financial Ratios Earnings Per Share (EPS) EPS, before tax (cents) (18.64) EPS, after tax (cents). 6.4 (1.14) Dividend Per Share Net Dividend (cents) (21.7) Gross Dividend (cents). 6. (23.8) Net Assets Value Per Share (cents) (1.76) Net Tangible Assets Per Share (cents) (1.6) Return on Turnover (%) (14.44) Return on Total Assets (%) (17.3) Return on Equity (%) (1.) SembCorp Marine 23 11

2 Group Quarterly Results 3 3 In compliance with the mandatory quarterly reporting for listed companies in Singapore with effect from 23, the Group commenced its first quarterly reporting on April 28, (S$ ) Total 23 Quarterly Turnover Contributions Quarterly Turnover Contributions Turnover 19, ,36 339, ,97 1,67,986 Operating Profit 17,777 22,967 17,89 1,7 74,38 EBITDA 27,247 31,8 27,817 26,9 112,712 Profit before Tax 23,72 27,166 24,374 19,921 9,186 Attributable Profit 18,8 21,61 18,93 19,492 78, Earnings per share (cents) - Year-to-date Earnings per share (cents) In Quarter (S$ ) Total Turnover 22,13 289,884 26,24 263,321 1,11,12 Operating Profit 17,48 21,24 2,67 3,6 89,883 EBITDA 26,979 3,881 3,99 4, ,673 Profit before Tax 34,716 2,66 2,711 3, ,291 Attributable Profit 29,47 23,88 19,37 19,733 92,98 Earnings per share (cents) - Year-to-date Earnings per share (cents) In Quarter Quarterly Operating Profit Quarterly Operating Profit Quarterly Profit Before Tax and Attributable Profit Quarterly Profit Before Tax and Attributable Profit Profit before Tax Attributable Profit Profit before Tax Attributable Profit 12 SembCorp Marine 23 SembCorp Marine 23 13

3 Significant Events January Launch of Green Wave Environmental Care Project for Schools by Sembawang Shipyard Presentation of Long Service Awards in Jurong Shipyard Ministerial visit of the Republic of Kazarkhstan led by his Excellency, Deputy Prime Minister of Kazakhstan, Mr Karim Massinmov Presentation of Commendation Award at the 29th Annual Report Award Ceremony Presentation of the Gold Award to Sembawang Shipyard and Silver Award to Jurong Shipyard at the SIT Convention organised by the Ministry of Manpower s Occupational Safety and Health (Training and Promotion Centre) Acquisition of the entire shareholding in Sinna Services Inaugural Green Wave Environmental Care Project for Schools Award Presentation Ceremony by Sembawang Shipyard with guest-of-honour Mr Lim Swee Say, Minister for the Environment February Announcement of Financial Results 22 Award of $34 million contract to Sembawang Shipyard for the complete outfitting and commissioning for an offshore dynamic pipelay construction barge Visit to Jurong Shipyard by officials from the Ministry of Manpower and Economic Development Board March Delivery of Saipem 3, a sophisticated heavy lift crane by Sembawang Shipyard to Saipem (Italy) Implementation of comprehensive SARS prevention and management systems in Jurong and Sembawang Shipyards April Commencement of first quarterly earnings reporting in compliance with the mandatory quarterly reporting for listed companies in Singapore 4th Annual General Meeting and Extraordinary Ordinary Meetings for shareholders Delivery of FSO Kome-Kribi 1 by Jurong Shipyard to Modec International LLC Delivery of W. D. Fairway, the world s largest trailing suction hopper dredger by Sembawang Shipyard to Boskalis Westminster BV (the Netherlands) Delivery of FPSO Fluminense by Jurong Shipyard to Modec International LLC Presentation of Grand Award and four other awards to Jurong Shipyard at SembCorp Industries Idea Award Ceremony May Disposal of the entire 19.78% equity interests in Jurong Engineering June Delivery of Constellation I, an Ultra-Premium class jack-up drilling rig by PPL Shipyard to GlobalSantaFe Start of 4th Anniversary celebrations for SembCorp Marine through a series of inter-shipyards games Milestone in Rig Construction for Jurong Shipyard July Acquisition of additional 3% equity interest in PPL Shipyard making it an 8% subsidiary of SembCorp Marine Award of $11 million shipbuilding contract to Jurong Shipyard to design and construct two units of 2,6 TEU container vessels for Wan Hai Lines with options for two more units Presentation of the Annual Safety Performance Awards 23 to Jurong Shipyard by the Ministry of Manpower s Occupational Safety and Health Training Centre Launch of Health and Hygiene Campaign in Jurong Shipyard August Announcement of Interim Results 23 38th National Day Observance Ceremony at Jurong Shipyard with guest-of-honour Mr Tharman Shanmugaratnam, Acting Minister for Education National Day Celebrations at Sembawang Shipyard with guest-of-honour Dr Tony Tan, Deputy Prime Minister and Co-ordinating Minister for Security and Defence and Adviser to Sembawang Shipyard Employees Union September Award of $11 million shipbuilding contract to Jurong Shipyard to design and construct two additional units of 2,6 TEU container vessels for Wan Hai Lines Signing of joint venture agreement between Dolphin Shipping Company and Pacific Carriers Limited to operate and service offshore supply vessels Presentation of Gold Award and Silver Awards to Jurong Shipyard and Gold Awards to Sembawang Shipyard at the SIT Conventions organised by the Association of Singapore Marine Industries Presentation of the 23 Singapore H.E.A.L.T.H. Award (Silver) to Jurong Shipyard, Sembawang Shipyard and Jurong SML Shipyard Job awareness fair at the National University of Singapore October Announcement of Third-Quarter Results 23 November Presentation of the Innovation of the Year Award to Jurong Shipyard by SPRING Singapore for its innovative Load-out and Mating Operations Christening of the 1st 2, TEU container vessel, Thomas Mann at Jurong Shipyard Participation in the Learning Expo organised by the Ministry of Manpower Visit by Mr Matthias Yao, Deputy General Secretary of NTUC and his delegation to Jurong Shipyard December Delivery of newbuilt container vessel, Thomas Mann, to owner by Jurong Shipyard Contribution of $214,8 to 1,94 needy students from 63 schools located within the vicinity of Jurong and Sembawang Shipyards with guest-of-honour Mr Hawazi Daipi, Parliamentary Secretary, Ministry of Education and Ministry of Manpower Disposal of entire interest in joint-venture company, Bohai Sembawang Shipyard (Tianjin) January 24 Long Service Award presentation in Jurong Shipyard February Announcement of Financial Results 23 Media and Analysts Briefing Presentation of Provisional Statement of Compliance of a Port Facility to Jurong SML and SML Shipyard Presentation of Provisional Statement of Compliance of a Port Facility to Sembawang Shipyard March Presentation of Merit Award to SembCorp Marine at the 3th Annual Report Awards Ceremony Presentation of Provisional Statement of Compliance of a Port Facility to Jurong Shipyard 14 SembCorp Marine 23 SembCorp Marine 23 1

4 Awards and Accolades Innovation of the Year Award 23: Jurong Shipyard Project: Load-out and Mating-in-Dock Rig Building Technique Singapore Innovation Awards 23 Awarded by SPRING Singapore in recognition of the innovative load-out and mating-in-dock rig building technique, a first of its kind in this region. Commendation Award: SembCorp Marine 29th Annual Report Awards 22 Organised by the Institute of Public Accountants of Singapore, Securities Investors Association, Institute of Management, Singapore Institute of Directors, Singapore Exchange Limited and Business Times, this award is presented to listed companies whose annual reports have reached a high standard of disclosure beyond the minimum regulatory requirements, based on stringent criteria set by the organising committee. Merit Award: SembCorp Marine 3th Annual Report Awards 23 Organised by the Institute of Public Accountants of Singapore, Investment Management Association of Singapore, Securities Investors Association, Institute of Management, Singapore Institute of Directors, Singapore Exchange Limited and Business Times, this award is presented to listed companies whose annual reports have reached a high standard of excellence in disclosure. Grand Award: Jurong Shipyard Project: SMARTime Management System IDEA (Innovate, Discover, Engineer and Achieve) Award Ceremony 23 Organised by SembCorp Industries and presented to companies for innovation and creativity at work. Gold Awards: Jurong Shipyard and Sembawang Shipyard Project: Dust Purifier (Jurong); Safe-T-Guide for Winches (Sembawang) 6th Safety Innovation Team (SIT) Convention Organised by the Association of Marine Industries and presented to companies for innovation. Silver Award: Jurong Shipyard (3rd consecutive year); Sembawang Shipyard; Jurong SML Shipyard Singapore H.E.A.L.T.H. Awards 23 Presented to companies with comprehensive wellness programmes. Silver Awards (2) and Merit Awards (8): Jurong Shipyard Annual Safety Performance Awards Ceremony 23 Organised by Ministry of Manpower Occupational Safety and Health Training Centre. Presented on project basis to companies that have achieved good safety records. IDEA Awards (4): Jurong Shipyard Project: Flat Plate Clamping Jig, Portable T Clamp, New Cradle Roller and Robust Welding Cable Connector IDEA Award Ceremony 23 Organised by SembCorp Industries and presented to companies for innovation and creativity at work. Gold Award: Sembawang Shipyard Project: Safe-T-Guide for Winches National Safety Innovation Team 23 Organised by the Ministry of Manpower in recognition of innovative companies. 16 SembCorp Marine 23 SembCorp Marine 23 17

5 Group Corporate Structure as at March 12, 24 Supporting Companies Shipyards (Singapore) Jurong Shipyard Pte Ltd Sembawang Shipyard Pte Ltd Jurong SML Pte Ltd PPL Shipyard Pte Ltd 8% 1% 1% 1% Shipyards (Overseas) P.T. Karimun Sembawang Shipyard (Indonesia) Cosco (Dalian) Shipyard Co. Ltd (China) Mauá Jurong SA (Brazil) 3% 2% 1% JPL Services Pte Ltd Jurong Machinery & Automation Pte Ltd Jurong Integrated Services Pte Ltd Jurong Marine Contractors Pte Ltd 1% 1% 1% 7% Bulk Trade Pte Ltd Jurong Clavon Pte Ltd JPL Industries Pte Ltd Jurong Marine Services Pte Ltd % 3.8% % 1% 18 SembCorp Marine 23 SembCorp Marine 23 19

6 Board of Directors 3 Tan Pheng Hock Non-Independent Director Appointed Director on April 16, 2 Re-elected at AGM on May 3, 22 4 Kiyotaka Matsuzawa Independent Director Appointed Director on September 3, 21 Re-elected at AGM on May 3, 22 Member, Audit Committee Naoteru Tsuda Independent Director Appointed Director on May 3, 22 Re-elected at AGM on May 3, 23 6 Low Sin Leng Non-Independent Director Appointed Director on November 14, 22 Re-elected at AGM on April 17, 23 7 Tan Tew Han Independent Director Appointed Director on April 17, 23 Chairman, Audit Committee Member, Executive Resource & Compensation Committee Member, Nominating Committee 8 Ajaib Haridass Independent Director Appointed Director on October 31, 23 Member, Audit Committee Member, Executive Resource & Compensation Committee Member, Nominating Committee 1 Wong Kok Siew Chairman & Non-Independent Director Appointed Director on May 2, 1998 Re-elected at AGM on May 3, 22 Chairman, Executive Resource & Compensation Committee Chairman, Nominating Committee 2 Tan Kwi Kin President & Independent Director Executive Director Appointed Director on April 17, Re-elected at AGM on April 17, Heng Chiang Gnee Alternate Director to Tan Kwi Kin Appointed Alternate Director on April 6, 21 Not in the picture: Naoteru Tsuda 2 SembCorp Marine 23 SembCorp Marine 23 21

7 Organisation Structure as at March 12, 24 Shipyards (Singapore) Jurong Shipyard Supporting Companies Board of Directors Executive Director: Wong Weng Sun General Manager (Production): Lee Yeok Hoon General Mgr (Offshore): Don Lee General Mgr (Shipbuilding): Tang Ying Kee Jurong Integrated Services Executive Director: Chang King President : Tan Kwi Kin Deputy President : Heng Chiang Gnee corporate@sembcorpmarine.com.sg Asst General Mgr (Comm): Tey Chin Tiong corporate@jspl.com.sg os_eng@jspl.com.sg Sembawang Shipyard Chairman: Heng Chiang Gnee Executive Director: Ong Poh Kwee General Manager: Wong Lee Lin Asst General Mgr (Business): K. K.Wee Asst General Mgr (Conversion): Samuel Wong Asst General Mgr (Operations): Neo Choon Gee sembship@sembcorp.com.sg Jurong Machinery & Automation General Manager: Goh Tee Ten admin@jmapl.com.sg JPL Services Executive Director: Yu Ching Ong Staff Support Human Resource Wong Peng Kin, Senior Vice President wongpk@sembcorpmarine.com.sg Kevin Choong, Asst General Manager kvchoong.hrd@jspl.com.sg Koh Guat Siew, Asst General Manager GSKoh@sembmarine.com Finance & Administration Wee Sing Guan, Chief Financial Officer sgwee@sembcorpmarine.com.sg Tan Cheng Tat, Vice President chengtat@sembcorpmarine.com.sg Low Siew Lian, Asst General Manager siewlian@sembmarine.com Jurong SML Alternate Chairman: Yu Ching Ong Executive Director: Freddie Woo General Manager: Lee Chak Tiong smlsmktg@sembcorp.com.sg PPL Shipyard jpl_services@pacific.net.sg Jurong Marine Contractors Executive Director: Wong Peng Kin General Manager: Lee Yeok Hoon jmcl@pacific.net.sg Bulk Trade General Manager: Andy Ang andyang@bulktrade.com.sg Commerical Chua Teck Lian, Senior Vice President tlchua@sembcorpmarine.com.sg Engineering Seow Tan Hong, Senior Vice President thseow@sembcorpmarine.com.sg Corporate Development Ng Thiam Poh, Senior Vice President tpng@sembcorpmarine.com.sg Wong Yu Liong, Vice President ylwong@sembcorpmarine.com.sg Investor Relations & Communications Judy Han, Vice President judy@sembcorpmarine.com.sg Dy Chairman: Dr Benety Chang Managing Director: Ong Tian Khiam Deputy MD: Ong Poh Kwee corporate@ppl.com.sg Shipyards (Overseas) P.T. Karimun Sembawang Shipyard (Indonesia) Commissioner: Heng Chiang Gnee General Manager: B. H. Kok ptkss@sembmarine.com Jurong Clavon Executive Director: Ong Kim Sang admin@jcn.com.sg JPL Industries Executive Director: Lee Yeok Hoon admin@jplind.com.sg Cosco (Dalian) Shipyard (China) Legal Tan Yah Sze, Corporate Counsel tanys@sembcorpmarine.com.sg Internal Audit Woo Hin Tab, Manager htwoo@sembcorpmarine.com.sg Mauá Jurong SA (Brazil) Director & CEO: Chew Yam Poey Directors: Paulo Oliveira/ Yeoh Keng Chin commercial@mauajurong.com.br Chairman: Wang Xing Ru Executive Advisor: Liu Chin Peng coscdyd@mail.dlptt.in.cn 22 SembCorp Marine 23 SembCorp Marine 23 23

8 Corporate Directory Registered Office 29 Tanjong Kling Road, Singapore 6284 Telephone : (6) Fax : (6) /(6) Website : corporate@sembcorpmarine.com.sg Share Registrar Kon Choon Kooi Pte Ltd 47 Hill Street, #6-2 Chinese Chamber of Commerce & Industry Building Singapore Auditor Ernst & Young Certified Public Accountants Singapore Audit Partner: Daniel Soh (Appointed during the financial year ended December 31, 23) Bankers Bank of America NT & SA Citibank N.A. DBS Bank Ltd Mizuho Corporate Bank Ltd Oversea-Chinese Banking Corporation Limited Standard Chartered Bank Sumitomo Mitsui Banking Corporation The Bank of Tokyo-Mitsubishi, Ltd United Overseas Bank Limited Financial Calendar End of Financial Year December 31, 23 Announcement of 23 Financial Results February, 24 Despatch of Annual Report April 13, 24 Annual General Meeting April 28, Proposed Final Dividend Book Closure May 6, 24 to May 7, 24 Entitlement Date May, 24 Payment Date May 18, 24 Share Listing SembCorp Marine s shares are listed on the Singapore Exchange Securities Trading Limited Company Secretary Ms Lim Seh Li Ms Kwong Sook May (effective March 1, 24) 24 SembCorp Marine 23