HISTORY AND KEY MILESTONES 2013 Incorporation of Keyfield Offshore Sdn. Bhd. 2016 In April 2016, secured our first chartering contract 2017 In March 2017, took delivery of our first own vessel, Laguna Setia 1, and commenced first charter in April 2017 2018 In June 2018, Keyfield Offshore applied to PETRONAS and subsequently obtained the Vessel Owner-Operator license with the SWEC code 21121510S 2019 In April 2019, Petronas Carigali Sdn. Bhd. (“PCSB”) awarded Keyfield Offshore a Letter of Award For Umbrella Contract to be a panel contractor(1) 2020 • In September 2020, took delivery of our second own vessel, Laguna Setia 2 • Incorporation of Keyfield International Berhad in November 2020 2024 • Took delivery of Amanah in January 2024, Itqan in July 2024 and Aulia in August 2024 • Listed on the Main Market of Bursa Malaysia Securities Berhad (“Bursa Securities”) in April 2024 • Entered into a Shipbuilding Contract to construct a newbuild DP2 AWB in June 2024 • Appointed as panel contractor for the PCC for OSV services for PACs(3) in April 2024 • Achieved AA3 bond rating from RAM Rating Services Berhad in October 2024 2025 • Took delivery of Gratitude in January 2025, Blessing in April 2025 and Harmony in October 2025 • Disposed Lestari in June 2025 • Entered into the Malaysia Book of Records for most solar panels with Battery Energy Storage System (“BESS”) onboard Wisdom in January 2025 2021 Took delivery of Falcon in February 2021 and Kindness in November 2021 2022 Completed acquisitions of Grace, Compassion and Commander in February 2022 and obtained 3 additional SWEC codes(2) 2023 Took delivery of Lestari in March 2023, then Helms 1 and Wisdom in April 2023 2026 • Disposed Compassion in February 2026 • Entered into 2 separate Shipbuilding Contracts to construct 2 newbuild DP2 AHTS with dieselelectric engine in February and March 2026 • Obtained 2 additional SWEC codes(4) Notes: (1) Panel contractor under PCSB’s “Umbrella Contract for Offshore Support Vessel Services for PCSB and Petroleum Arrangement Contractors’ (“PACs”) Drilling and Project Activities” for a period of 3 years plus a unilateral extension of 2 years by PCSB. (2) 3 additional SWEC codes: (i) 21121518S (Platform Supply Vessel); (ii) 21121519S (Safety Standby/General Purpose/Utility Vessel) both in November 2022; and (iii) 21121511S (Anchor Handling Tug (AHT)/Anchor Handling Tug & Supply (AHTS)/Tow Tug Boat) in December 2022. (3) Panel contractor under PCSB’s Panel Contractor Contract (“PCC”) for Offshore Support Vessel (“OSV”) services for Petroleum Arrangement Contractors (“PACs”) for a period of 3 years plus a unilateral extension of 3 years by PCSB (4) 2 additional SWEC codes: (i) 21121638S (Shipyard - FPSO/FSO (Building)) in February 2026; (ii) 21121520S (Straight Supply Vessel) in March 2026. 7 Annual Report 2025
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