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Our Group structure following the Restructuring Exercise and immediately after the Invitation is as follows:

Name of Subsidiary Date and Place of Incorporation Principal Business / Principal Place of Business % Effective Ownership
 Kreuz Subsea 9 July 2008 / Singapore Provision of Subsea Services / Singapore 100.0
 Kreuz Subsea Marine 18 December 2009 / Singapore Vessel Ownership and Chartering / Singapore 100.0
 Kreuz Labuan 9 July 2009 / Labuan Provision of Subsea Services / Labuan 100.0
 Kreuz Brunei(1) 8 March 2010 / Brunei Provision of Subsea Services / Brunei 100.0

Note:
(1) Kreuz Brunei is 99.0% owned by Kreuz Subsea and 1.0% owned by Kreuz Labuan.