Index The Company Portfolio under Construction Funding Structure 2 2
Index The Company Portfolio under Construction Funding Structure 3 3
Pre-salt Discovery Recent offshore discoveries have increased Brazils potential as an oil producing country Pre-salt area overview Proven reserves vs Brazilian potential (billion boe) Esprito Santo Iran 370 Vitria Esprito Santo…
Sete Brasil at a glance Large and attractive energy infrastructure project with a significant backlog of long-term contracts with Petrobras Key project for Petrobras, for the development of the Brazilian pre-salt and critical to…
Sete Brasil: unique position in the pre-salt Sete Brasil is an essential infrastructure project for the development of the pre-salt as it will enable Petrobras to comply with the minimum local content requirements Opportunity for Sete…
Sete Brasil in perspective1 Sete Brasil will be the largest international player in the sector when it reaches full operational status Revenue Backlog Rig Count: Rig Count: (USbn) Water depth 7,500 feet Water depth 10,000 feet 89…
Strong shareholders base Sete Brasils business plan is sponsored by equity investments provided by the largest private and government owned financial institutions in Brazil Shareholders Classes & Simplified Capital Structure Sete Brasil…
Organizational Structure Sete Brasils organizational structure was designed to promote synergies across teams associated with experienced managers in relevant sectors such as Oil & Gas and Finance Management Structure Board of…
Promoting Opportunities Sete Brasils investment plan is encouraging job creation and stimulating the Brazilian shipbuilding industry development Estimated Job Creation (Rigs and Shipyards Commitment to Local Development Construction +…
Index The Company Portfolio under Construction Funding Structure 11 11
Summary Portfolio of Rigs Sete Brasil has a 29 rigs portfolio constructed by 5 different shipyards and operated by 7 different operators Sete Brasils 29-rig Structure Sete Brasil Participaes S/A 100% Sete Holding Austria 100%…
Proven Design and Consistency Among all Units Fleet of 29 ultra-deepwater rigs of 6th generation with proven design Rigs Overview Rigs Specification Drillship (23 units) Specifications EAS EJA ENSEADA ERG2 BrasFELS Detailed Design…
Proven Design and Consistency Among all Units Procurement Overview EAS BrasFELS ERG2 EJA ENSEADA Drilling Package and BOP Dynamic Positioning Power Generation Thrusters Main Elec. Control Sys. Integration…
Selected Shipyards Constructing the Rigs Portfolio The rigs are under construction in 5 shipyards Shipyards Location Shipyard Pictures 1 Atlntico Sul 2 Enseada 1 2 3 Jurong Aracruz 3 4 4 BrasFELS 5 5…
Atlntico Sul Shipyard (EAS) Shipyard Summary Overview 33.3% Queiroz Galvo Shareholders 33.3% Camargo Correa 33.3% IHI / JMU Construction Contracts 7 Status Operating Location Ipojuca, PE Technological Partner JMU/IHI…
BrasFELS Shipyard Shipyard Summary Overview Shareholders 100% Keppel Fels Construction Contracts 6 Status Operating Location Angra dos Reis, RJ Technological Partner Keppel FELS (Singapore) DRU Design DSS 38E Key…
Jurong Aracruz Shipyard (EJA) Shipyard Summary Overview Shareholders 100% SembCorp Marine Construction Contracts 7 Status Under construction Location Aracruz, ES Technological Partner Jurong Shipyard (Singapore) DRU…
Rio Grande Shipyard (ERG2) Shipyard Summary Overview 70% Jackson Empreendimentos Shareholders 30% JB Minovix (MHI and Japanese shipyards) Construction Contracts 3 Status Operating (under expansion) Location Rio Grande, RS…
Enseada Indstria Naval Shipyard Summary Overview 35% Odebrecht 17.5% OAS Shareholders 30% Kawasaki 17.5% UTC Construction Contracts 6 Status Under construction Location Paraguau, BA Technological Partner Kawasaki…
Index The Company Portfolio under Construction Funding Structure 21 21
Original Funding Structure Sete Brasils Target Capital Structure Short term (Pre funding) Loans raised to finance the project until the contracting of long-term debt 25% Sete Brasil has raised over US 3.6 billions short term…
Original Funding Strategy Sete Brasil structured its funding based on two major providers of credit for the Brazilian naval projects, Merchant Marine Fund (FMM) and BNDES (Brazilian Development Bank) Main Financing Sources Total…
Sete Brasil Executive Summary Privately held company founded in May 2011 US 3.1 billions disbursed by shareholders Shareholders: FUNCEF, PETROS, PREVI, VALIA, BTG Pactual, SANTANDER, BRADESCO, FI-FGTS, Luce Venture Capital, EIG…
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