COMPOSITE VESSELS DANISH YACHTS A/S

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1 COMPOSITE VESSELS DANISH YACHTS A/S Morten Lorenzen Business Development THE PROOF IS IN THE DETAIL

2 DANISH YACHTS A/S Established 2000 All disciplines in-house Engineering Design Project Management Production (composite) Outfitting Service Warranty Certifications ISO 9001 ISO OHSAS Achilles 2011 Sellihca THE PROOF IS IN THE DETAIL

3 DANISH YACHTS A/S New Strategy in place for onwards Super Yachts Motor Yachts Sailing Yachts Commercial Vessels Crew & Support Vessels (wind farms) Navy Service THE PROOF IS IN THE DETAIL

4 DANISH YACHTS A/S We build Powerful, Innovative & Light Super Yachts and Special Purpose Vessels Carbon Focus (infusion, pre-preg and sprint) Up to 40% lighter Speed or Fuel efficiency Less emission levels Lower maintenance (no corrosion) New design and production opportunities THE PROOF IS IN THE DETAIL

5 DANISH YACHTS A/S - RANGE Super Yachts Motor Yachts AeroCruiser AeroSpeed QuadraDeck Sailing Yachts Flite (new) THE PROOF IS IN THE DETAIL

6 AeroCruiser 38 II THE PROOF IS IN THE DETAIL

7 AeroSpeed Super Car of the Sea THE PROOF IS IN THE DETAIL

8 QuadraDeck THE PROOF IS IN THE DETAIL

9 Flite 100 R THE PROOF IS IN THE DETAIL

10 DANISH YACHTS A/S - RANGE Commercial Vessels Focusing on Offshore Wind Farm s need Support & Service Vessels Navy Projects THE PROOF IS IN THE DETAIL

11 ffshore Wind Farms an opportunity Fast Growing Segment (n.europe) Currently 23 Offshore Wind Farms with towers New Offshore Wind Farms currently under construction (2012/13): 10 with a total of 854 towers Projections for next years: 9 New Farms with a total of towers (already approved) Supply Chain to tap

12 upport & Service Vessels - Offshore Professional work- and service vessels designed and build for special purpose To carry professionals fast, safe and comfortable to and from wind towers To enable operators to have vessels that are easily manoeuvred and positioned at the boat landing or other mooring areas at high seas (HS 2,5 m)

13 upport & Service Vessels All Carbon To offer vessels that are light, robust and offers maximum uptime, combined with limited maintenance. Vessels that are safe and comfortable to operate. Danish Yachts A/S have 3 unique designs: - SeaStrider SWATH - SeaStrider Fast CAT Axe & Monohull Axe -

14 eastrider SWATH

15 eastrider SWATH

16 eastrider SWATH

17 eastrider SWATH rincipal dimensions: ength eam raught SWATH / CAT ngines 25 m 10,6 m 2,5 / 1,8 m 2 x MTU 10V 2000 M kw lassification: NV - HSLC, Passenger, R1, Clean, Comf-V(3) afe operations in up to HS 2,5 m apacity and range assengers 24 rew 5 (3 Single cabins, 1 double) eck space 50 m2 (depending) eck load 10 t (depending) ange Min. 26 hours sailing at 90% CR peed 23 knots (CAT mode) MES

18 eastrider SWATH THE CONCEPT Stable platform Flexible/modular configuration High speed potential Fuel efficiency Multi purpose Safe transfer system Flexible accommodation system Custom & Semi Custom

19 eastrider CAT AXE 0 meters 0+ knots 2 Passengers

20 eastrider CAT AXE Less slamming due to axe shape Long waterline to increase speed Reduced risk of vertical boat slipping Very light version possible Very fast and responsive on controls Less roll than monohull Green boat approach possible Cargo space

21 eastrider MONOHULL AXE 3 meters 5 knots 2 Passengers

22 eastrider MONOHULL AXE Less slamming due to shape Long waterline to increase speed Reduced risk of vertical boat slipping

23 ROJECTS CO FERRIES Founding member of MARKIS project Øko-Ø Funded by Den Danske Maritime Fond Objective to document and proof benefits of producing Light Composite Passenger Ferries Composite Structures are Light = Fuel efficiency Environmental friendly = LCA Cost efficient = LCC Market opportunities for New Building Yards Market potential for sure

24 OJECTS Gennemsnitsalder 38 år Ældste fartøj 53 år 45 fartøjer i drift

25 HALLENGES Competent, educated workforce Traditional thinking Conservatism in the industry Lack of Partners with same mindset Regulatory issues (SOLAS) He who dares. RISC: Norway, Sweden, UK and Germany Yards runs with the orders

26 HANK YOU Q & A

Our recent customers Siemens / Statoil and Bard Offshore have experienced this. References on request.

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