May 2020

Thyssenkrupp Marine Systemssigns the acquisition contract of the Oceana shipyard in Brazil
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Thyssenkrupp Marine Systems – headquartered in Kiel, in Germany – has just signed the contract to acquire the Oceana shipyard (Itajaí/SC) from Aliança S.A., owned by the Grupo CBO, leader in offshore support vessels and one of the greater employers of qualified maritime professionals in the Brazilian market.

According to the initial base for the construction of frigates of Classe Tamandaré for the Brazilian Navy, as well as for a greater growth of the company in the country. The operation is subjected to the approval of authorities and the official entrance in force of the contract of the frigates - predicted to mid-2020. The acquisition will be, then, executed via the Brazilian subsidiary thyssenkrupp Marine Systems of Brazil. By agreement, the amount of the transaction will not be disclosed.

Even in tough times like these, we continue determined and remain strongly on our customers side. With Oceana, we have an excellent infrastructure for the construction of the most modern frigate of the country for the Brazilian Navy. The acquisition highlights our commitment with Brazil and it will be an important economic factor, specially nowadays. The shipyard also offers a perspective of assume orders from other customers, not only locally, but also in other countries from South America”, saysDr. Rolf Wirtz, CEO of thyssenkrupp Marine Systems.

The Oceana shipyard was created in 2013 for the production of offshore support ships of high quality and technology and is ideal for projects of great dimension. In the next 2 years, 800 local workers will be recruited only for the Classe Tamandaré project. It means they may be constructed in Brazil ships of high added national value. The delivery of the ships is predicted for the period between 2025 and 2028.

Águas Azuis is a special purpose company established between thyssenkrupp Marine Systems (leader), Embraer Defesa & Segurança and Atech and will be responsible for the execution of the four frigates.

About thyssenkrupp Marine Systems

Thyssenkrupp Marine Systems, with around 6 thousand employees, is one of the main naval companies of the world and supplier of systems in the sub-aquatic and surface vessels construction, as well as in naval electronics and defense technology. More than 180 years of history and the constant search for improvement allowed the company to establish new standards. Thyssenkrupp Marine Systems offers its customers customized solutions for highly complex challenges in a ever-changing world. The employees of thyssenkrupp Marine Systems are the driving forces behind the success of the company and, every day, they shape the future of the company with passion and commitment.

About Group CBO

With more than 40 years of tradition and recognized by its excellence in maritime service provision, the Grupo CBO is one of the leading companies of the vessel charter segment for support to the oil and gas industry in Brazil and abroad. The company has as shareholder the funds of Provate Equity Pátria Investimentos e Vince Partner, and BNDESPar. Currently, the Group holds a fleet of 33 vessels of different types, among PSV, RSV, OSRV and AHTS, and more than 1100 employees in its Niterói (RJ), Macaé (RJ) and Itajaí (SC) bases.

May 20, 2020.