Eidesvik Offshore ASA – General Meeting 25.05.2016

Supply 10 vessels Seismic 9 vessels Subsea 5 vessels Revenues MNOK 1.239 534 employees Operates 24 ships

Entering the offshore wind market Entered into an agreement with Siemens Wind Power for a 9 month contract for the vessel «Acergy Viking» on German sector. An offshore gangway system will be installed on the vessel.

Statoil has extended the contract for the PSV «Viking Energy» with 2 years from April 2016, with options for further 1 year. An agreement for installation of Energy Storage System on the vessel has been entered into.

Results (in million NOK)

Balance (in million NOK) Current assets Long-term liabilities Long-term liabilities Fixed assets Equity Equity Equity ratio 31.12.15: 34 % (38 %)

Contract coverage (per 31.03.2016)

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