Preferred partner Aker Solutions Splits Into Two Companies Fornebu, April 30, 2014 yvind Eriksen, Executive Chairman 2014 Aker Solutions Preferred partner
Boosting Value Through Two New Companies New Aker Solutions Swifter realization of synergies, operational excellence and organic growth in fast-growing deepwater and subsea markets Two reporting segments: Subsea and Field Design…
Logical Step in Streamlining Process New Aker Solutions P&C Subsea and Field MLS Design Akastor WIS Oilfield services Marine investment Contractors company 2002 2014 2014 Aker Solutions Slide 3 Apr 30, 2014 Aker…
Fundamental Differences New Aker Solutions Akastor Oil exploration and production Large portion offshore yards, Customers companies oilfield service companies Regional market focus (eg. NCS, Geographical footprint Global market…
New Aker Solutions 2014 Aker Solutions Slide 5 Apr 30, 2014 Aker Solutions Splits Into Two Companies Preferred partner
A Good Fit New Aker Solutions Subsea Field Design Maintenance, Modifications Subsea Umbilicals Engineering and Operations Regions Uniquely positioned to design, equip, build and maintain the future subsea factory…
Benefits and Opportunities Narrower business scope Fewer strategic compromises Significant operational, commercial synergies More targeted strategy Uniquely positioned to develop subsea factory Experienced management focused on…
Positioned to Capture Subsea, Deepwater Growth Well-positioned to capture growth in deepwater and Strong subsea markets (NCS, Brazil, West Africa) growth Strong position to build on in subsea and engineering outlook segments…
Lump Sum and Reimbursable Business Models Subsea Revenue 1Q 2014 New Aker Solutions Revenue 1Q 2014 23% Lump sum Reimbursable Lump sum Reimbursable 77% Field Design Revenue 1Q 2014 44% 56% 7% Lump sum Reimbursable 93%…
Experienced Management Luis Araujo (54) Chief Executive Officer Over 30 years international industry experience, including as Wellstream Brazil CEO Joined Aker Solutions in 2011 as regional president for Brazil and led successful…
Akastor 2014 Aker Solutions Slide 11 Apr 30, 2014 Aker Solutions Splits Into Two Companies Preferred partner
Oil Services Investment Company Akastor Financial, Drilling Aker Oilfield Surface Process Business real estate Technologies Services Products Systems Solutions assets 2014 Aker Solutions Slide 12 Apr 30, 2014 Aker…
Benefits and Opportunities Strategic flexibility Standalone business opportunities Focus on developing in key markets Industry expertise Increased management attention Long-term perspective 2014 Aker Solutions Slide 13 Apr…
Maximizing Value in Portfolio of Companies No 2 global offshore drilling systems and lifecycle services company Drilling Drilling High barriers to entry allow capital to be reinvested profitably over long term Technologies…
Strong Management Frank Ove Reite (43) Chief Executive Officer Managing partner and co-founder of Previous positions include as CEO of Converto since 2009 Kredittbanken in lesund, operating Extensive experience developing director…
Financial Breakdown New Aker Solutions Akastor Revenue: NOK 29.2 billion Revenue: NOK 14.7 billion EBITDA: NOK 2.3 billion EBITDA: NOK 1.5 billion EBITDA margin: 8% EBITDA margin: 10% Capital employed: NOK 9 billion Capital…
Key Dates August 18 Extraordinary general shareholder meeting to vote on split Week 38-39 Investor roadshow Week 40 Demerger and listing of new Aker Solutions on the Oslo stock exchange 2014 Aker Solutions Slide 17 Apr 30,…
Strong Foundation for Growth New Aker Solutions Akastor Positioned for growth in deepwater, subsea Oilfield services investment company markets Unlocking value from portfolio of Strong project management, field design skills…
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