On June 15, 2024, Seatrium Limited has been informed that the Monetary of Authority of Singapore and the Commercial Affairs Department are conducting a joint investigation into offences potentially committed by the Company (formerly Sembcorp Marine Limited) and/or its officers under the Securities and Futures Act 2001, the Corruption, Drug Trafficking and Other Serious Crimes (Confiscation of Benefits) Act 1992, and all previous versions of the said Acts, in connection with Operation Car Wash (the "Investigations"). The MAS and the CAD have requested for further information from the Company for the purpose of the Investigations. The Company continues to provide its full cooperation to the Singapore authorities.

The Company will continue to monitor the situation and make appropriate announcements in the event of any material developments.