CORPORATE PRESENTATION

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1 CORPORATE PRESENTATION A WORLD OF LOCAL EXPERTISE V. 1.2, October palumbo.com

2 ISS PALUMBO Iss traces its roots back Iss grows into a network of regional offices Iss embarks on an ambitious acquisition programme The name off ISS adapted across the broadening network A WORLD OF LOCAL EXPERTISE 'S 1970/ 1980'S ISS Palumbo Netherlands Palumbo starts trading Expanded into Russia Cumulative Freight handled exceeds 1m Freight Tons Further Expansion in Egypt Palumbo UK ISS Palumbo UAE ISS Palumbo UK ISS Palumbo USA ISS Palumbo SOUTH AFRICA ISS Palumbo TURKEY 2

3 WHO WE ARE GLOBAL AND GROWING The company has more than doubled its EBITDA in the last three years alone. Today, ISS has some 302 offices In 66 countries around the world. In the past we have: managed over 70,209 port calls; handled over 664,000 TEUs. We employ over people and we 're still growing. Our revenue in the past year exceeds US $ 2.5 billion and despite the tough global economic climate continues to climb. 3

4 A MESSAGE FROM OUR PRESIDENT Cav Lav Andrea Palumbo Inchcape Shipping Services and Palumbo joined forces on October 2012 and now bring a dynamic and globally compliant offering to the Oil, Gas and Energy industry. The new partnership combines ISS' worldwide network with Palumbo's core capabilities in providing Project and General Freight Forwarding. Toghether ISS Palumbo offers a unique Global combination of Agency and Project Freight Forwarding enabling us to provide our customers an unrivalled Global product. This is an exciting new partnership with an industry leader that will not only expand our Project and Freight Forwarding capatibilies but enable us to deliver a unique, broad and integrated service to the expanding Oil, Gas and Energy sectors. 4

5 DOING BUSINESS THE RIGHT WAY: EXECUTIVE ENDORSEMENT Global Health, Safety, Security and Environmental Programme Quality ISO , OHSAS 18001, ISO : 2004 certifications across the Network A robust Corporate Social Responsibility UK Bribery act and USA FCPA Compliant FIATA and IATA Certifications FPAL Supplier management community supporting the European oil & gas industry BIFA certifications 5

6 GLOBAL PROJECT SUPPORT NETWORK Global Team offering world wide expertise, delivered locally to the same high quality, wherever we do business 6

7 ISS PALUMBO <WAY> Two different and synergic Divisions naturally completing our customers' core business PROJECT DIVISION Sea, Land or Air Carriage LOGISTICS DIVISION The best logistic services 7

8 PROJECT DIVISION INTEGRATED SERVICES FULL SCOPE OF SERVICES AGENCY 3 rd PARTY PROCUREMENT SURVEY PROJECTS FACILITY MANAGEMENT SOFTWARE Full Agent OPA / CPA Husbandry Canal Transit Liner Hub Travel Shore Ex Inspection / Expediting Procurement Pre Shipment inspection Packing Specs approval P&I Lifeboat Lloyds CESI Freight Management Track and Trace Land/ Sea / Air Freight Chartering Abnormal Loads Barging Warehousing Distribution Packing Security Vessel Pipe handling and transportation Cleaning Storage Your ISS Container repair ShipNet Security Laundry Service Waste management Stevedoring Camp Mng 8

9 PROJECT DIVISION WITH A STRONG, WORLDWIDE TRACK RECORD QAFCO V WESTBOUND - QATAR BAYU DARWIN PIPELINE PROJECT - AUSTRALIA PCS NITROGEN TRINIDAD & TOBAGO J.S.C. TOGLIATTIAZOT - RUSSIA ROSA LIRIO SURF PROJECT- ANGOLA IDESA - GREECE 9

10 PROJECT DIVISION EXPERIENCE PROJECT ORIGIN DESTINATION Freight Units Heavy lift Max Weight Tons or notes Various Equipments Italy Singapore KOCHI Project Worldwide India Drilling Rig Italy KSA Irons Pipes Hartlepool Mexico Marine Agency services for S12000 stay in Las Palmas Spain Crawled various equipment Italy Mexico Crawled various equipment UAE Georgia Crawled machinery UAE Azerbaijan Complete Crawled crane UAE Bulgaria Drilling Rig Italy USA Air shipment from Houston to Dammam USA KSA Air shipment Italy Singapore Drilling Rig Tunisia KSA Marine Agency services, freight forwarding & logistics services for South Africa Scarabeo 7 Revamping in Cape Town Rabigh II project Worldwide KSA Lube oil on w. Plts from Livorno/Tripoli and Benghazi Italy Lybia Drilling Rig Italy KSA SHAH GAS Development Project Worldwide UAE Rig 5917 Colombia KSA Accomodation Modules UAE Kazakhstan YANBU Project Worldwide Yanbu KJO HOUT Upgrading Worldwide KSA Khor Al-Zubair Fertilizer Plant Rehab. Project Worldwide Iraq Drilling Plants Italy Turkey All project cargo traffic Worldwide Egypt TBD TBD Togliatti Azot Plant Italy Russia J.S.C. Togliattiazot Italy RUSSIA Crude Distillation Unit Train 4 Worldwide Morocco OLT Pipeline Italy Livorno FPSO Aquila2 Worldwide Dubai OLT-FRSU Livorno Worldwide Dubai Elfsis Refinery Upgrading Project, Erup Europe/Korea Greece

11 PROJECT DIVISION EXPERIENCE PROJECT ORIGIN DESTINATION Freight Units Heavy lift Max Weight Tons or notes Libyan Universities Europe Lybia QAFCO V Westbound Far East Qatar SCARABEO 8 Usa/Italy/N.Eur Italy TAD 1 Worldwide Cameron FPSO Gimboa Worldwide Dubai Transportation of Drilling Plant 5827 Georgia Kazakhstan Hand Steel Plant Canada UAE Samir Rafinery Upgrading Project Worldwide Morocco FPSO Vitoria Worldwide Dubai Dolphin Project - Qatar India Qatar Kenmare's Mineral-sands project at Moma (Mozambique) Australia Mozambique Bayu-Darwin Pipeline Project (Australia) Australia/Malaysia Australia # pipes In Amenas Project Italy Algeria Rio Polimeros Project Italy Brazil Mellitah Project Worldwide Lybia x 435 Aramco OC BV Qatif Gosp-1 Dammam Worldwide KSA Ras Laffan Italy Qatar Tram Sirio Atene Italy Greece Container cranes Italy South Africa Brega Petroleum Marketing Italy Lybia Guanta Project Italy Venezuela Blue Stream - Djeno Project - Okpoho Project Usa/Mexico/Italy/Congo Turkey/Congo/Italy QP Dukhan Field Gas Worldwide Qatar Aramco Khuff Project Worldwide KSA Aramco Haradh Project Worldwide KSA Kuwait project Worldwide Kuwait Qatar project Worldwide Qatar ADCO - OGD 2 Gas Gathering System Worldwide Abu Dhabi - UAE Midor Project - Middle East Oil Refinery Worldwide Egypt Adnoc - ASAB gas plant Worldwide Abu Dhabi - UAE Adnoc - Ruwais expansion Worldwide Abu Dhabi - UAE

12 SECURITY VESSELS ISS Palumbo is specifically skilled in the field of marine security, especially in high risk areas including the Gulf of Aden, Gulf of Oman and the Red Sea. We meet our offshore customer's requirements by employing trained staff in our organisation, providing armed security on board to perform surveys with expert consultants in the sector and supplying marine service vessels. We have also been supplying long term charter security vessels in Mozambique since

13 MARINE AGENCY ISS Palumbo has been providing marine agency solutions for more than 30 years. Following our partnership with Inchcape Shipping Services (ISS), the world's leading marine, cargo and supply chain solutions provider in 2012, we are able to supply technical, commercial and administrative assistance for all types of transit vessels through the use of ISS' extensive network of direct port offices and well- established network of trusted sub- agents. In doing so, we offer our customers the added value of interfacing with a sole partner for a variety of operations. A selection of our wide variety of marine services available include; certificates, crew changes, surveys on board of vessels, welding, visa arrangements, medical assistance, cash to master (CTM), bunkers, customs formalities and other ancillary operations such as the loading/ unloading of all types of cargo including break bulk and petrochemical products. 13

14 PIPE HANDLING ISS Palumbo has extensive experience in the port logistics sector, with particular expertise in assisting the oil and gas industry. Our work includes transporting pipes for pipelines on vessels and offshore transhipments in particularly difficult conditions, delivering insulated pipes to special pipe laying vessels and built a pipeline to shift all the structures for the offshore installation of the anchoring and gas transmission turret of the FRSU (Floating Storage Regasification Unit). 14

15 LOGISTICS DIVISION SYNERGIES MATERIAL MANAGMT FINAL STEPS SUPPLIERS CUSTOMERS INBOUND OUTBOUND 15

16 LOGISTICS DIVISION MISSION..A SOLE INTERFACE An integrated solution thanks to the achieved synergies, ensures the efficiency and the effectiveness of processes and thus ISS Palumbo Customer's competitiveness IT << CROSS CONTROL>> INBOUND SERVICE MATERIAL MANAGMT CORE FINAL STEPS OUTBOUND SERVICE PLANNING & FLOW CONTROL 16

17 LOGISTICS DIVISION OUR EXPERIENCE AT YOUR SERVICE SECTOR INBOUND SERVICE MATERIAL MANAGMT CORE FINAL STEPS OUTBOUND SERVICE Technologically advanced rolling stock Military and Defence Houseware products Energy, Oil & Gas Steel pipe products 17

18 EXPERIENCE 18

19 CONTACT US ISS PALUMBO ITALY Via Quaglierini, LIVORNO (Italy) Ph Fax info@iss-palumbo.com ISS PALUMBO HOUSTON 3340B Greens Rd. Suite 900 Houston TX Ph Fax info.usa@iss-palumbo.com ISS PALUMBO UK Unit 4 St Michaels Workshops Albion Row Newcastle Upon Tyne NE6 1LR Ph: Fax: info.uk@iss-palumbo.com ISS PALUMBO EGYPT St. cross of 270 St. Maadi, Cairo (Egypt) Ph Fax info.eg@iss-palumbo.com ISS PALUMBO UAE 5 th floor, office court Building, Oud Mehta Road, PO Bur Dubai-UAE Ph Fax info.uae@iss-palumbo.com ISS PALUMBO SOUTH AFRICA Suite 211, 2nd Floor Office, Sovereign Quay 34 Somerset Road, Green Point Cape Town, 8005, South Africa Ph: Fax: info.sa@iss-palumbo.com ISS PALUMBO TURKEY Rihtim Cad. Tophane Yuva Sok. No. 1 K.4 Karakoy/ Beyoglu Istanbul, Turkey Ph: Fax: info.tr@iss-palumbo.com ISS PALUMBO NETHERLANDS Scheepsbouwweg JW Rotterdam The Netherlands Ph info.nl@iss-palumbo.com 19

20 THANK YOU A WORLD OF LOCAL EXPERTISE palumbo.com