GULF MARINE SERVICES PLC

AGM Information • Jun 7, 2023

Company Number: 8860816

The Companies Act 2006 Public Company Limited by Shares

GULF MARINE SERVICES PLC (the "Company")

At the Annual General Meeting of the Company held at Gulf Marine Services WLL, Office 403, International Tower, 24th (Karama) Street, Abu Dhabi, United Arab Emirates at 2.30pm (UAE time) on 7 June 2023, the following ordinary and special resolutions were passed.

Ordinary Resolution

1. To authorise the Directors generally and unconditionally, in accordance with section 551 of the Companies Act 2006 (the "Act"), to exercise all the powers of the Company to allot shares in the Company or grant rights to subscribe for, or convert any security into, shares in the capital of the Company up to a maximum aggregate nominal amount of £13,552,194 pursuant to a rights issue.

This authority shall apply in substitution for all previous authorities obtained prior to the date hereof pursuant to section 551 of the Act and shall expire on the date of the next AGM or at the close of business on 30 June 2024, whichever is the earlier, but in each case the Company may, before such expiry, make an offer or agreement which would or might require equity securities to be allotted after such expiry and the Directors may allot equity securities under any such offer or agreement as if the authority conferred by this resolution had not expired.

For the purposes of this resolution, "rights issue" means an offer to holders of ordinary shares in proportion (as nearly as may be practicable) to their existing holdings, to subscribe for further securities by means of the issue of a renounceable letter (or other negotiable document) which may be traded for a period before payment for securities is due, but subject to such exclusions or other arrangements as the Directors may consider necessary or expedient to deal with treasury shares, fractional entitlements, record dates, legal, regulatory or practical problems in, or under the laws of, any territory or any other matter.

Special Resolution

13. Notice of general meetings, other than AGMs

That a general meeting, other than an AGM, may be called on not less than 14 clear days' notice.

Company Secretary