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PT WINTERMAR OFFSHORE MARINE Tbk
Jl. Kebayoran Lama No 155
Jakarta 11560 Indonesia
Tel : 62 21 530 5201 / 2
Fax : 62 21 530 5203
www.wintermar.com
                                                                                                                                        NO. 104/NL/II/2024



                                                                               NEWSLETTER # 104
                                                                                2 FEBRUARY 2024

PT Wintermar Offshore Marine Tbk                                                           PT Wintermar Offshore Marine Tbk
invests in Bruneian Company for                                                            berinvestasi    pada   Perusahaan
Offshore Supply Vessel Operations                                                          Brunei    untuk    Operasi  Kapal
                                                                                           Pendukung Lepas Pantai

On January 30, 2024, PT Wintermar Offshore Marine Tbk                                      Pada tanggal 30 Januari 2024, PT Wintermar Offshore Marine
(WINS) entered a strategic venture through a 49% stake in                                  Tbk (WINS) memulai usaha strategis melalui kepemilikan
SAVWIN Sdn Bhd with a Brunei-based partner.                                                saham sebesar 49% di SAVWIN Sdn Bhd dengan mitra
                                                                                           berbasis di Brunei.

Through this partnership, Wintermar will have an advantage in                              Melalui kemitraan ini, Wintermar akan memiliki keunggulan
tendering for longer term contracts in Brunei which favour local                           dalam tender untuk kontrak jangka panjang di Brunei yang
content. Savwin Sdn Bhd will initially operate a Fast Multi-                               lebih memprioritaskan konten lokal. Savwin Sdn Bhd pada
Purpose Supply Vessel which is currently on a long term                                    tahapan awal akan mengoperasikan Kapal Fast Multi-Purpose
contract in Brunei until 2027. This initiative signifies our                               Supply yang saat ini sedang dalam kontrak jangka panjang di
strategic expansion to enhancing our maritime service offerings                            Brunei hingga 2027. Inisiatif ini menandakan ekspansi strategis
and strengthening our local presence in Brunei's maritime                                  kami untuk meningkatkan penawaran layanan maritim kami
sector, where Wintermar has been operating since 2014.                                     dan memperkuat kehadiran domestik kami di sektor maritim
                                                                                           Brunei, dimana Wintermar telah beroperasi sejak 2014.
Wintermar group’s 4Q2023 fleet utilization reached 74%, which                              Utilisasi armada grup Wintermar pada 4Q2023 mencapai 74%,
was better than 70% recorded in 3Q2023. Total contracts on                                 yang lebih baik dari 70% yang dicatatkan pada 3Q2023. Per 31
hand as at 31 December 2023 amounted to US$ 82 million.                                    Desember 2023, kontrak Perseroan yang telah dimiliki untuk
                                                                                           dikerjakan adalah sebesar US$82 juta.



                           Quarterly Utilization Trend                                                  Wintermar Group - Contracts on Hand (US$ million)
85%                                                     82%                                  90

80%                                                                                          85
                                                76%                                                                                                          82
                                                                                    74%                                       79   80
75%                                                                                                                                     79
                                         70%                                 70%             80
             68%           68%
                                                               68%                                                                            76
70%                 67%                                                                                                  74
                                                                                             75                72                                  72
      63%
65%                                                                                                                                                     69
                                  61%
                                                                                             70    66
60%                                                                                                       66        66
                                                                      56%

55%                                                                                          65

50%                                                                                          60
       Q1     Q2     Q3     Q4     Q1     Q2      Q3     Q4     Q1     Q2     Q3     Q4
      2021   2021   2021   2021   2022   2022    2022   2022   2023   2023   2023   2023




                                                               ISM Code & ISPS Compliant
                                                                                                                                                        Page | 1
Page 2
 PT WINTERMAR OFFSHORE MARINE Tbk
 Jl. Kebayoran Lama No 155
 Jakarta 11560 Indonesia
 Tel : 62 21 530 5201 / 2
 Fax : 62 21 530 5203
 www.wintermar.com
                                                                                                                                         NO. 104/NL/II/2024
                                                                   Ms. Pek Swan Layanto, CFA
                                                                           Investor Relations
                                                                    PT Wintermar Offshore Marine Tbk
                                                                        Tel (62-21) 530 5201 Ext 401
                                                                    Email: investor_relations@wintermar.com



                                                                            DISCLAIMER
Certain statements made in this publication involve a number of risks and uncertainties that could cause actual results to differ materially from those projected. Certain
statements relating to business and operations of PT Wintermar Offshore Marine Tbk and Subsidiaries (the Company) are based on management’s expectations,
estimates and projections. These statements are not guarantees of future performance and involve risks, uncertainties and assumptions that are difficult to predict.
Certain statements are based upon assumptions as to future events that may not prove to be accurate. Therefore, actual outcomes and results may differ materially
from what is expressed or forecasted in such statements. The Company makes no commitment, and disclaims any duty, to update or revise any of these statements.
This publication is for informational purposes only and is not intended as a solicitation or offering of securities in any jurisdiction. The information contained in this
publication is not intended to qualify, supplement or amend information disclosed under corporate and securities legislation of any jurisdiction applicable to the
Company and should not be relied upon for the purpose of making investment decisions concerning any securities of the Company.




                                                      ISM Code & ISPS Compliant
                                                                                                                                                           Page | 2

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