In the absence of regulations, voluntary use of costly alternative environmentally friendly fuels creates a competitive disadvantage, unless clients are prepared to pay a premium OPPORTUNITIES & GOALS � Global knowledge exchange and collaboration opportunities � Opportunity to build on several years’ experience in biofuels and Building with Nature � Potential to differentiate through delivery of low-carbon solutions to clients � Growing global awareness of the value of environmental management � Increasing demand from clients to reduce and mitigate impact KPIs � Energy saving innovations and pilots � Reporting on CO� Contribution to Building with Nature research programs RESULTS � 2 innovative pilot projects: - First 100% biofuel oil dredging vessel - Completion of water emulsion test � Scope 1 and 2 CO2: 1.1 MT (‘000) � Building with Nature Program investment of EUR 500,000 As a leading dredging and offshore contractor, we are keenly aware of the value of biodiversity and significance of healthy ecosystems.