The MoU describes the planned collaboration as follows

• Both companies have a common desire to work together in the provision of services to the offshore wind industry, with a focus on the promising floating offshore wind sector.
• TheMoU provides thebasisforfurtherdiscussions between the partiestocollaborateonthejoint provision of engineering and/or consultancy services.

Semco Maritime has extensive experience from the delivery of more than 20 offshore substations, as well as many years of expertise in the development of floating substations for the oil and gas and offshore wind industries and is involved in the realisation of several floating offshore wind projects worldwide.

ONP Management is an independent technical consultancy with a strong focus on the offshore wind sector, offering a wide range of services with a focus on project management and project development services.

This collaboration is an important step towards a sustainable energy future and underlines the commitment of both companies to climate protection and the global energy transition.

Knud Grimm, Managing Director at ONP Management: “As engineers, the core of our work is the utilization of our expertise to develop new, innovative technical solutions. By collaborating with Semco Maritime, ONP is taking a promising step forward in supporting our customers in developing floating offshore wind technologies and thereby contributing to the ongoing evolution of the energy transition.”

Maria Jørgensen, Business Development Specialist at SEMCO Maritime: At Semco Maritime, we believe in the power of collaboration to push the boundaries of innovation. Partnering with ONP enhances our capabilities in floating offshore wind, combining our extensive experience with ONP’s engineering expertise. Together, we are dedicated to providing top-tier advisory services that not only meet but exceed our clients’ expectations in developing sustainable and efficient floating offshore wind solutions. This partnership is a testament to our shared commitment to accelerating the energy transition through advanced technologies.

About ONP Management

ONP Management is an independent German consultancy firm with a strong focus on the offshore wind sector. It provides comprehensive expertise to individual projects, parts or complete turn-key projects, involving finance, development, construction and operation of offshore wind farms and infrastructure projects globally. ONP commands over a strong footprint in offshore wind logistics, gained by managing transport and installation processes and installation vessel operations for a large variety of wind farms. For more information, pls. visit www.onpmanagement.com.

About Semco Maritime

A fossil-free future calls for a sustainable energy transition where conventional and renewable energy sources coexist effectively until the day when renewables can fully keep the world running. Semco Maritime is an international engineering and contracting company with 2,300 employees and 40 years of dedication rooted in both the conventional energy sector and the offshore wind industry. This puts us in a unique position to bridge today’s and tomorrow’s solutions, constantly seeking clever and pragmatic ways to realise global energy ambitions. We do this through comprehensive project management across all phases of energy projects together with world-leading partners across the globe. For more information, pls. visit www.semcomaritime.com.

Press Release 16/07/2025 Page 2 of 2