SEATRIUM LIMITED — Capital/Financing Update 2026

Mar 11, 2026

Seatrium Limited Registration No. 196300098Z 80 Tuas South Boulevard, Singapore 637051 T +65 6265 1766

Seatrium Completes Crescent Yard Divestment

Singapore, 11 March 2026 – Seatrium Limited (“Seatrium”, or the “Group”) refers to its earlier announcement dated 23 February 2026 in relation to the divestment of its Crescent Yard in Singapore.

The Group wishes to announce that the divestment has been completed on 11 March 2026. This divestment, together with other non-core asset divestments disclosed in the earlier announcement, is expected to deliver over S$50 million in annualised cost savings upon completion.

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About Seatrium Limited

Headquartered and listed in Singapore, Seatrium Limited is a leading provider of specialised engineering solutions for the global offshore, marine, and energy sectors. Seatrium plays a pivotal role in delivering offshore energy infrastructure assets globally that is the backbone of some of the world’s essential energy systems.

With over 60 years of proven expertise, Seatrium operates across 15 countries through an integrated network of advanced yards, engineering and technology centres; supported by a diverse and dedicated workforce of more than 24,000 employees.

Seatrium’s diversified business positions it to play a critical role in the global energy transition. Its core business segments mainly include Oil & Gas Newbuilds and Conversions; Offshore Wind; Repairs & Upgrades. Its expanding product portfolio includes FPSOs, FPUs, Offshore Converter Platforms and a wide range of offshore installation vessels, amongst others.

Longstanding customer relationships with the world’s largest energy majors, asset operators and owners, and Transmission System Operators underscore Seatrium’s ability to consistently deliver high standards of safety, quality and timeliness.

Amidst the global energy transition, Seatrium has robust capabilities in developing new technologies and solutions (such as Carbon Capture & Storage and New Energies). Guided by a culture of innovation; and core values prioritising people, safety and sustainability; Seatrium strives to create enduring value for all stakeholders, engineering towards a sustainable energy future.

Discover more: Website | LinkedIn

For more information, please contact:

Amelia Lee

Head, Investor Relations and Corporate Communications Tel No: +65 6803 0053 Email: amelia.lee@seatrium.com

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