COMPLETE COMMITMENT SUBSEA UK LUNCH AND LEARN WITH BIBBY OFFSHORE

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1 COMPLETE COMMITMENT SUBSEA UK LUNCH AND LEARN WITH BIBBY OFFSHORE

2 AGENDA 1 Company overview 2 Supply chain management

3 COMPLETE COMMITMENT COMPANY OVERVIEW

4 ABOUT BIBBY LINE GROUP

5 OUR PARENT COMPANY OVERVIEW: THE STORY SO FAR 1807 Bibby Line began trading 1859 Harland & Wolff shipyard built their first vessel which was Bibby Line s Venetian 1939 On D-Day, four of the vessels operating as troopships carried 10,000 men 1970 Bibby Line was awarded the highest honour that can be bestowed on a UK company The Queens Award to Industry, and again in 1976 & 1982 for Export Achievement and in 2001 for Enterprise 1985 Bibby Distribution (BDL) was formed 2007 Bibby Line Group celebrated it Bicentenary TODAY Built or acquired 23 vessels At the outbreak of WWI the Bibby Line ships were requisitioned to serve as hospital ships, troop ships and armed merchant crusiers The company more than trebled its oversea earnings Bibby Financial Services was started The offshore business began trading as a division in its own right A global business operating across a range of industries which is bound by its values to ensure consistently outstanding service and a thirst for innovation

6 OUR CORE VALUES

7 COMPANY OVERVIEW: WHO WE ARE NOW Established in 2003 Leading subsea services provider Core geography of North Sea and growing internationally Global fleet of five vessels Fleet of 19 advanced electric modern ROVs

8 COMPANY OVERVIEW: WHAT WE DO Subsea installation, construction, inspection, repair and maintenance Our capabilities extend from ROV inspection to saturation diving and construction activities Leading subsea decommissioning contractor with an outstanding track record in safety and efficiency

9 ASSETS: DIVE SUPPORT VESSELS DSV BIBBY TOPAZ DSV BIBBY POLARIS DSV BIBBY SAPPHIRE DP Class II 150t AHC crane 18 man twin bell sat system DP Class II 150t AHC crane 15 man twin bell sat system DP Class II 150t AHC crane 15 man twin bell sat system

10 ASSETS: LONG TERM CHARTER FLEET CSV: OLYMPIC ARES NORSOK 250t AHC crane 2 x SMD Quantum Work Class ROVs ROVSV: OLYMPIC BIBBY DP II 60t AHC Crane 1 x Quasar Work Class ROV 1 x Sea eye Lynx OBSROV

11 ASSETS: REMOTE SUPPORT SERVICES (RSS) LYNX COMMANCHE QUANTUM Work Class ROV 4 x Vehicles 1500m Depth Rating 66Kgf forward thrust Light work class ROV 3 x Vehicles 2000m Depth Rating 35kW Power Rating Work Class ROV 2 x Vehicles 3000m Depth Rating 200 Hp & 250 HP Power Options

12 ASSETS: REMOTE SUPPORT SERVICES (RSS) ATOM QUASAR MKII SCHILLING HD Work Class ROV 1 x Vehicle 3000m Depth rating 75kW -100 Hydraulic power Light work class ROV 6 x Vehicles 3000m Depth Rating 110kW 150Hydraulic Power Compact work class ROV 2 x Vehicles 3000m depth rating

13 TRACK RECORD: INSPECTION, REPAIR & MAINTENANCE (IRM) 2010: Exxon Mobile, Nevis Repair 2011: Mearsk Oilie Og Svend 2013: Enquest Thistle IRM 2014: BP Machar Diagnostics

14 TRACK RECORD: CONSTRUCTION EXPERIENCE 2007: Petro Canada Saxon Development 2012: Ithaca Athena EPIC 2012/13: EoN Huntington 2014/15: Premier Solan

15 TRACK RECORD: EXTENSIVE DECOMMISSIONING EXPERIENCE 2009: Exxon Mobil Beryl & Linnhe 2010: Perenco Welland 2012/2013 Hess FFFA & IVRR 2014 Maersk Leadon

16 TRACK RECORD: STRONG CLIENT BASE NORTHERN EUROPE AMERICAS/TRINIDAD & TOBAGO SOUTH EAST ASIA

17 COMPLETE COMMITMENT SUPPLY CHAIN MANAGEMENT

18 SUPPLY CHAIN MANAGEMENT The Supply Chain team at Bibby Offshore is committed to delivering a cost-effective, value-added service to its internal and external stakeholders. We will develop and maintain strategic supplier relationships that bring long-term value to our business, and will effectively and efficiently manage the commodities we purchase.

19 SUPPLIER SELECTION Add value to our supply chain Demonstrate high level of technical capability Competitive pricing and on-time delivery Excellent QHSE record Honesty and transparency Long term relationships

20 SUPPLIERS Operational Commercial Contractual SCM Working

21 COST OF POOR QUALITY Redundancies loss of people loss of knowledge & expertise. Lack of maintenance leading to equipment failure Standards begin to drop across the industry Buy cheap, buy twice

22 WHAT HAVE WE DONE Communication with suppliers Engagement with over 600 suppliers Tier 1 100% Tier 2 92% Tier 3 82% Tier 4 25% Continue engagement with supply chain Our in-house engineering capability means that we can consistently offer a complete project management service, delivering complex subsea projects successfully.

23 INDUSTRY BODIES

24 PERFORMANCE FEEDBACK

25 SUPPLY CHAIN GOLD AWARD

26 IN SUMMARY

27 Bibby Offshore Atmosphere One Prospect Road Westhill Aberdeenshire Tel: +44 (0)

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