> 4 WELCOME > 6 HSG IN NUMBERS > 8 MEET THE TEAM F OLLOW US: /HOLLANDSHIPYARDSGROUP /HOLLANDSHIPYARDSGROUP > 10 INTERVIEW WITH ERIK FROSTE - CEO OF FÄRJEREDERIET Publication: © Holland Shipyards Group Rivierdijk 436 3372 BW Hardinxveld-Giessendam The Netherlands T: +31 (0) 184 630 516 info@hollandshipyardsgroup.com www.hollandshipyardsgroup.com Design: Renate Rijnberg Edition: May 2023 - Edition 4.2 ENG Copyright © 2023 Holland Shipyards Group Nothing of this publication may be reproduced and/or made public by print, photocopy, audio tape, electronically or by any means without the written permission of the publisher. 2



> WELC OME W hen we think about the future, we think about progress. Progress for us as an organisation, but also for the maritime industry in which we work. Colored green by the sustainability and innovations being implemented, where we make a difference for our planet. Holland Shipyards Group offers clients an increasing number of options for sustainability/innovation. Batterypowered ferries are now a regular feature, and hydrogen has also been added. Increasing automation onboard reduces unnecessary energy consumption, and even pragmatic tools, such as haptic feedback for skippers, can be included in the design. Besides consumption, staff demand is also at the centre of attention with adoption of the first autonomous control systems. In Sweden and France, we will deliver the first autonomous ferries, hoping to initiate the learning curve of autonomous ships. Last but not least, we have started to diversify from steel to other construction materials. Lightweight aluminium airframes that achieve significant consumption reductions, as well as small printed hulls made of recycled plastic, are going to broaden our offering in the future and give you as a client more opportunities for case-specific greening. All of these things inspire us for the future, which is rapidly approaching! Cor, Leendert and Marco Hoogendoorn 5 WWW.HOLLANDSHIPYARDSGROUP.COM

97 EMPLOYEES 70% > 3 YEARS OF EMPLOYMENT 41,3 AVERAGE AGE LOCATIONS Hardinxveld-Giessendam Werkendam Vlissingen NUMBER OF SOLAR PANELS 800M QUAY HSG IS 41 YEARS OLD 6 Hardinxveld-Giessendam: 2024 PANELS Werkendam: Installation of 276 PANELS in 2023 CO2 REDUCTION 465 TONNES = > 3000x a flight to Paris

HSG IN NUMBERS M2 workshops +15.000 M2 189 VESSELS DELIVERED 17.396 KWH Installed batteries Norway Sweden UK The Netherlands France Gabon French Guiana Comoros Italy Congo Germany Turkmenistan COUNTRIES WHERE OUR VESSELS ARE VISIBLE KNVTS Ship of the Year awards 4 NOMINATIONS in the last 10 years 30+ ELECTRIC AND HYBRID VESSELS 7 WWW.HOLLANDSHIPYARDSGROUP.COM

MEET THE TEAM It is our people who contribute to the success of our organisation. Get to know them and read how they experienced their first week at work and what they are most proud of. KEMAL MUJČIĆ - NAVAL ARCHITECT I started as an intern at Holland Shipyards Group and also conducted my graduation internship here. What struck me was the informal and friendly working environment, which made me feel at home right away in the department where I was working at the time. As an intern, I was well supervised, was welcome to ask questions at any time, and was given enough space for my own input. COORDINATE In the summer of 2022, I started the position of Naval Architect and got to deal with some management and coordinating parties during the engineering process, which I hadn’t experienced before. Since then, I have developed significantly in this aspect of my job. It feels like I’ve got the hang of it more and more, and I’m proud of that. PETER DE WINTER - WORK PREPARATION I joined the company taking over a job position from someone else. What struck me was the diversity of work activities. You do many different things, which ensures the work you do is never dull. Even though I was taking over someone’s position, I could still give my own spin on how I wanted to do the job. I had that freedom. DEADLINE We recently delivered a barge with a fairly tight deadline, and we did the final work under the supervision of the client. This added some pressure, but ultimately we managed as a team and delivered a great result. We were all proud of that! ALEX JOOSSE - DECKBOSS It struck me that everyone at all levels of the organisation is 100% committed. DRILLING RIGS I am proud that we are giving drilling rigs a second chance. For over 25 years, I worked in the oil industry, leaving my ecological mark. Now, I participate in the demobilisation process, and many platforms are being cleaned up or converted to other uses. Removing or correctly assembling large modules is something I am truly passionate about. 8

> MEET THE TEAM (M.Z.) ZAKARIA SLIMANI - FOREMAN I started working at Holland Shipyards Group 16 years ago. I started as a welder, metalworker, then became a pipe fitter and am now a foreman. I made these steps because I am eager to learn and like challenges. That did not go unnoticed at Holland Shipyards Group; there has been plenty of room for development from the start, and this is still the case. CLOSE COOPERATION I am proud of the delivery of the North Sea Canal project—a series of five electric ferries for GVB Amsterdam. I was involved in the construction of this series from start to finish. In doing so, you work closely with your colleagues and the client, and it is great to see something you built yourself being succesfully delivered. We worked hard with the team and created something beautiful, and I am proud of that! JOKE RAAIJMAKERS - QHSE MANAGER SANDER HEIJSTEK - CONSTRUCTION WORKER In my first week at work, I arrived at a beautiful new office and was given all the time and space I needed to explore my new workplace. I noticed a high degree of employee independence within the organisation, yet we ultimately all work together. UPWARD TREND I am proud of the upward trend in which we constantly develop on the QHSE front. The more critical part of me immediately thinks it can be done much faster, yet a change in culture takes time. It is a company with a broad scope of innovative projects, an evergrowing and learning company that I am proud to be part of. I initially joined as a vacation / weekend job. As of today, I have been working here full-time for about a year. What struck me about the organisation is that they don’t do everyday projects but many unique projects, like converting a ship to hydrogen. To be honest, I like everything we create! I also find that you can do your own thing in your position here; there is a lot of freedom. WITNESS THE END RESULT I am actually proud of all the projects we complete. It’s absolutely wonderful to see how an idea is conceived on paper and finally witness the end result sail away. WHAT ARE YOU MOST PROUD OF? 9 WWW.HOLLANDSHIPYARDSGROUP.COM

SPECIFICATION: LENGTH WIDTH BATTERY CAPACITY CAPACITY SPEED 75M 14,4M 1 KWH 60 CARS 7-8 KNOTS DELIVERY 2024 PUSHING THE BOUNDARIES Interview with Erik Froste - CEO of Färjerederiet A green future, lower costs, and better service; the reasons why the Swedish transport authority Trafikverket chose electrically powered, autonomous ferries are diverse. But, so are the challenges Trafikverket and Holland Shipyards Group face. ‘They take the risk to push the limits of what is possible.’ Anyone who thinks the Netherlands is pre-eminently a land of water has never been to Sweden. The capital city, Stockholm, lies between an archipelago of as many as 24,000 islands on the east coast and Lake Mälaren, a lake that winds 120 kilometres through the country. Ferries are, therefore, a dire necessity in Sweden. Every year, 20 million people use the 70 free ferries at 45 locations across Sweden. ‘The ferries are like a bridge for residents,’ says Erik Froste. ‘Even those who don’t live on an island use them. Many Swedes take a ferry for a day trip to the beach in summer. Ferries are then used twice as much as in winter.’ Froste is CEO of Färjerederiet, the unit within Trafikverket responsible for all ferry lines in Sweden. He will also lead Färjerederiet into the future; from 2045, there will be no place for ferries that emit CO2. 10 ‘In this respect, we are opting for electric propulsion. Due to the low sailing speed, 7 to 8 knots, and short distances, rarely more than 2 kilometres, electric sailing is the cheapest option. And because we are a government agency, we can invest in the long term and therefore in charging stations.’ THE FUTURE IS AUTONOMOUS Eight of the 70 ferries are already electrically powered. Two new electric ferries are under construction at Holland Shipyards Group. They are sizeable ferries, different from what we are used to in the Netherlands when crossing a river. The ferries are 75 metres long and 14.4 metres wide and can ferry up to 60 cars. The engine has an output of 700 kW and a battery capacity of 1 MhW. It’s sufficient for two return trips and can recharge at a rate of 3 MW.

> OUR CLIENT increase the number of lines. We hope this will enable us to offer a 24/7 service, on more routes, at a lower cost.’ THIS IS TEAMWORK However, the challenges are enormous. The exact meaning and scope of certain words and features alone must be properly agreed upon to avoid misunderstandings. Procedures for docking and departing the ferries need to be rewritten. Autonomous sailing even raises the question of who will be the captain of the future; someone who knows how to steer from a computer or someone with extensive experience on a ship? ‘Many shipyards decided not even to tender when they saw our specifications. They thought it was science fiction,’ says Froste. ‘Holland Shipyards Group was bold enough. ‘They take the risk to push the limits of what is possible.’ He continues: ‘This is not an order from a brochure; this is teamwork. There are no rules to follow, no one to tell you how to work because it’s never been done before.’ ‘THIS IS NOT AN ORDER FROM A CATALOGUE; THIS IS TEAMWORK.’ Another unique feature is that the ferries operate largely autonomously. For instance, a ferry has only 5 minutes to let everyone off and on board and, therefore, only 5 minutes to recharge the battery. ‘So, charging is done completely autonomously,’ says Froste. ‘A ferry will dock itself and then charge the battery directly via a large plug on one side of the ship. This also saves 25 per cent of energy; in old ferries, the propellers keep turning to push the ship against the shore. The departure is also autonomous; by not accelerating or braking excessively, we again save a lot of energy.’ Froste even wants the crossing to eventually be autonomous, with a crew still on board but a captain keeping an eye on several ferries from the shore. That’s not possible now, but he says: ‘Call me again in three years.’ He can already see the benefits. ‘Personnel costs will decrease while monitoring from shore will allow us to 11 ‘So what kind of company do you need?’, Froste wonders aloud. ‘A dedicated company that doesn’t change course if things get tough. Holland Shipyards Group is a family business; they, too, are in it for the long haul. The management has been very involved from the first tender and committed to delivering. We discuss our and their problems openly. That inspires confidence.’ Froste feels he is building with Holland Shipyards on ferries that will bring about a change in the entire industry. ‘They will be the first ships to sail automatically; others will come to see how we did it. Besides, it’s fun to do, and we learn a lot. It is an honour that I am in the position to do this.’ WWW.HOLLANDSHIPYARDSGROUP.COM

FERRIES With a commitment to providing more sustainable transport solutions, ferries lend themselves optimally to “green” propulsion methods. Holland Shipyards Group is at the forefront of hybrid and electricpowered vessels. We have built a broad portfolio with over 25 completed hybrid and electric ferries. TUGS AND WORKBOATS In tugs and workboats, the quality of systems and outfitting is paramount. We prove ourselves in this field with facilities focused on building and outfitting compact vessels combined with Dutch craftsmanship. Please take a look at our references, including our own in-line tractor tug design. 12

> OUR PRODUC T S ACCOMMODATION We offer accommodation solutions ranging from conversions to complete new builds. With standard designs or customised solutions. Comfortable, safe and in compliance with current certifications. DREDGER Good equipment is essential for the smooth running of your projects. We are your trusted partner for the conversion and new construction of dredgers, dredging installations and dredging equipment. The combined expertise within the Holland Shipyards Group allows us to offer both design and production with proprietary concepts and proven solutions. SPECIALS Where standard products are not a solution, we offer customised solutions. Our expertise, experience and out-of-thebox thinking have led to many high-profile solutions. CARGO SHIPS With our roots in inland shipping, Holland Shipyards Group has decades of experience designing and building cargo ships for both inland and seagoing vessels. We continuously strive to improve our products by simplifying our ship designs, maximising payload and improving propulsion. 13 WWW.HOLLANDSHIPYARDSGROUP.COM

REFIT There comes a time when every ship reaches the end of its economic life. Upgrading these vessels and preparing them for their next life in the field is daily work for Holland Shipyards Group. Whether you want to partially overhaul your ship by replacing various components or perform a complete refit that includes the hull and all systems within the scope, we know where the pitfalls are and how to avoid them. REPAIR Our shipyards are centrally located and enable you to get quick repairs done, both afloat and in our docks. Thanks to our experience and wellequipped facilities, you will be back on the road in no time doing what you do best. CONVERSIONS The most complex projects are those in which an asset is modified to perform different tasks than originally intended. This means onboard systems must be overhauled and modified within the existing layout. Holland Shipyards Group has carried out several noteworthy conversions and can confidently say that your project is in good hands with us. 14

> OUR PRODUC T S HOLLAND ACCOMMODATION RENTALS Our accommodation rental fleet showcases years of experience in building accommodation solutions. Holland Accommodation Rentals offers a modular solution that minimises the interface with the vessel and, therefore, downtime by focusing on an integrated solution that operates independently of a ship’s system. All necessary systems and equipment are installed in the modules. Leave it to us to ensure that the accommodation is welcoming for your people while working offshore. FLEET Living up to what you say, our fleet demonstrates that we stand for this vision. With a versatile fleet of various work and cargo vessels, Holland Shipyards Group prides itself on incorporating our experience as an operator into our products. We firsthand experience the importance of good maintenance, dedicated personnel, and high-quality equipment. This experience finds its way to our engineers and is applied to new designs. 15 WWW.HOLLANDSHIPYARDSGROUP.COM



Interview with Dirk de Jong - Future Proof Shipping THE BEGINNING OF SUSTAINABLE INLAND NAVIGATION T he route chosen by Future Proof Shipping has not been sailed by any other party before. The Dutch company will start operating a hydrogenpowered inland waterway vessel by the summer of 2023. ‘This idea could only come to fruition because Holland Shipyards Group believed in it.’ The shipping industry is a reluctant one, according to Future Proof Shipping. ‘While in the world around us, many changes are taking place, in the maritime world, things happen at a much slower pace,’ says Dirk de Jong, project manager at the company. ‘International organisations are very reluctant to establish rules for sustainability.’ Future Proof Shipping, therefore, wants to force that change itself. The company was established five years ago. The first two years were still mainly about collecting and sharing knowledge. Still, in January 2010, the company bought the 110-metre barge, De Maas, to show that it could be done: sailing sustainably without emitting CO2. GREEN HYDROGEN Hydrogen was chosen as the energy carrier, not batteries. ‘Electric sailing is an excellent choice when a ship covers reasonably short distances and has sufficient time to recharge. Take ferries, for example,’ says De Jong. ‘For our application, batteries charging power and charging locations are still insufficiently developed. That would limit us too much. With hydrogen, however, we can do just fine.’ De Jong is familiar with the disadvantages of hydrogen. ‘The loss of energy when creating hydrogen is a given, yet if you want to set up a service in the way we want, hydrogen remains the most logical choice. Even though the hydrogen we obtain from Air Liquide is certified green, we would certainly like to see more providers offering green hydrogen.’ The vessel, now called FPS Maas, is fitted with an 800kW electric motor and three fuel cells, each with a maximum output of 300kW. Air Liquide will supply the sustainably generated hydrogen in two 40-foot containers, each containing 450 kilos of hydrogen at 300 bar pressure. ‘The initial idea originated within Future Proof Shipping,’ says De Jong. ‘It was subsequently developed from scratch in close cooperation with Holland Shipyards Group and Air Liquide. Nedstack then supplied the fuel cells (meervoud) and the installation was developed by Koedood.’ 18

> OUR CLIENT BELIEF AND COMMITMENT He particularly praises Holland Shipyards Group’s commitment. ‘This idea only came to fruition because Holland Shipyards Group believed in it and wanted to invest time to accumulate knowledge. They accepted the challenge and worked closely with us to see how to make it happen.’ ‘Holland Shipyards Group has the drive to look further into the future to jointly look for a solution to make the industry more sustainable. They are not afraid to embark on an endeavour for which the outcome is yet unknown. They are innovative and open to new ideas.’ The fuel cells will be installed in the hold of the FPS Maas, with the hydrogen containers on top of that. ‘In doing so, we lose a bit of cargo hold on board. After all, we have limited control over the optimisation of the ship,’ De Jong adds. ‘Still, we opted for conversion to show the rest of the industry that even with an existing ship, you can choose sustainability.’ In the coming months, FPS Maas will commence operations and be deployed commercially. Future Proof Shipping has already commissioned the conversion of the second ship, FPS Waal, by HSG, a 135-metre inland container vessel. ‘That, too, is a common size. This demonstrates that zeroemission shipping is perfectly feasible for most of the fleet. We hope this will encourage them to do the same.’ After all, that is what Future Proof Shipping is all about; working together with Holland Shipyards Group to realise the beginning of a change. THE BEGINNING OF A CHANGE 19 WWW.HOLLANDSHIPYARDSGROUP.COM

GREEN AMBITIONS Our ambition for the next decade 3 20

> GREEN AMBITIONS 50 GOALS 2030: 50% CO2 reduction in our total CO2-footprint 2023: CO2 neutral when it comes to our electricity consumption GREEN VESSELS 34 green vessels are delivered or currently under construction. Cradle to cradle in shipbuilding! 34 COLLABORATIONS WITH STUDENTS Inspired by the future, we work together with students from universities on environmental goals. In 2023, we have two projects with student groups: 1. Developing a dashboard for SDGs 2. Developing a dashboard to gain insight into the CO2 footprint per vessel built ENVIRONMENT - New workshop for our yard in Werkendam - New workshop for our yard in Hardinxveld-Giessendam - Reduction of volatile substances by using other conservation methods RECYCLING 3D PRINTED VESSELS We look at alternative materials for the production of our vessels, other than steel and aluminium. 3D printing is one of the methods we currently use. One of our projects for 2023 is a 3D printed vessel using recycled material. 3D OTHER ACTIONS - Reduction of gas consumption in our offices. IN 2025 50% OF REDUCTION 50 - Electric forklifts - Electric company fleet 21 WWW.HOLLANDSHIPYARDSGROUP.COM

T Interview with Johan Hania - Manager Riveer his summer, travellers on the ferry between Werkendam, Hardinxveld and Gorinchem will make that trip on a radically redesigned, all-electric vessel. Holland Shipyards Group is connecting the dots during construction, including innovative controls for the skipper. ‘It is typical of Holland Shipyards Group to look beyond the current market.’ In the magnificent stretch of water between Gorinchem and eight other nearby municipalities, ferry operator Riveer is of great importance, says manager Johan Hania. ‘We are the link between towns and villages. For tourists, we make it possible to visit a wide area. Commuters and schoolchildren can travel long distances with a safe crossing.’ ALWAYS SEEKING OUT MORE innovative ways That carries a great responsibility. Not only for the tourists and regular travellers for whom the ferries are essential, especially when the nearby Merwede Bridge will soon be renovated for years. The responsibility 22

> OUR CLIENT is also there for nature, in this case best represented by National Park De Biesbosch. ‘We all have a duty of care for the future, no one excluded. We, too, have to treat nature with kindness.’ ZERO EMISSIONS That’s why Riveer is investing in two electric ships, which will sail between Werkendam, Hardinxveld and Gorinchem. These vessels do not emit CO2 and are therefore better for the environment, but there are other upsides. ‘Our customers will be surprised,’ Hania begins. ‘Hardly any noise, no emissions; this will appeal to the customer.’ ‘We are also cutting costs,’ he adds, ‘Fast ships like the current ones are expensive to operate. There are two 375hp engines in the ferries. Those do consume some fuel and lubricating oil. The electric ships have two engines of 171kW and have a battery capacity of 603.2 kW installed on board; less than we have now, but we are doing the same with it.’ These efficiencies were achieved by an extensive collaboration between Riveer and Coco Yachts - the designer of the new ferries- where all design choices were put to the test. For example, a catamaran design was chosen, which has much less resistance in the water. The vessels are particularly long, 35 metres, which again brings down resistance. And the weight has been reduced wherever possible. The aluminium ships, for example, are not painted - minus 400 kilos - and the doors are rainwaterproof instead of fully waterproof - another 20 kilos off. ‘We also calculated how much energy it takes to turn the ferry around on the water; that was a lot,’ says Hania. The ferries now reverse after a stop like a car out of a parking space to move forward again; soon, this will no longer be necessary. ‘We work with propellers that rotate 360 degrees. They are equally strong forwards and backwards, making the manoeuvring easier. Our skippers will simply turn the other way on the bridge.’ STRONG INVOLVEMENT Holland Shipyards Group started building the two ferries in December 2021. Since then the ships have transitioned to the outfitting phase. ‘This involves a lot of communication,’ says Hania, ‘as you always encounter issues during construction. These are often not major changes but practical matters, such as ease of maintenance, hatches that can be moved or installations that need to be mounted slightly differently. We have weekly discussions about these aspects.’ In addition, Holland Shipyards Group also presents proposals that may improve operations of the ferries. ‘First, these ships get haptic feedback handles. The captain feels resistance at the ideal speed. But if the captain does not want to sail at that speed, or in case of emergency, they can decide autonomously and push the handle through the resistance.’ ‘Holland Shipyards Group showed a demonstration model, which seemed right. Dynamic control handles will definitely add value.’ Hania praises Holland Shipyards Group for its input. ‘It is typical of Holland Shipyards Group to look beyond the current market. They always seek out more innovative ways to do things.’ ‘Holland Shipyards Group’s commitment is great. It is a family business, so they attach their name to it,’ Hania continues. ‘The management contributes ideas and is approachable if there are questions. In doing so, they establish a culture replicated by the personnel. They, too, are very close to the clients.’ The ferries will be delivered on the 1st of July. ‘We will take our time to commission them afterwards. That has everything to do with our people getting used to them. After all, safety is paramount.’ Hania hopes Riveer’s new ferries will cause a turnaround. ‘I hope many colleagues will come and take a look and follow our example. We need to start thinking in a different way to meet the challenges of the environment.’ 23 WWW.HOLLANDSHIPYARDSGROUP.COM

> RECENT PRO JE C T S TOP OF THE LINE SURVEY VESSEL FOR NORWAY WIDTH: We proudly delivered the “Prinsesse Ingrid Alexandra”, the new survey vessel for the Norwegian Institute of Marine Research, in early 2023. A challenging, complex project in which Holland Shipyards Group is expanding its share in Norway from ferries to the research vessel and workboat segment. Besides the fjords, we are now gaining visibility along the Norwegian coastline! Built for research along the northern coast of Norway, the vessel will be used for fisheries acoustic and oceanographic research, plankton sampling, benthic and geological surveys and others. For this, it is equipped with state-of-the-art survey equipment and specially built to operate along the rugged coast; it is easily manoeuvrable in bays and between islets and reefs. On board are, among other things, two laboratories, a fisheries acoustic centre, office spaces and nine cabins for researchers and crew. 24 LENGTH: 10.00 M 35.00 M MAX. DRAUGHT: 3.50 M GROSS TONNAGE: 497 GT WORKING DECK AREA: APPROX. 100 M2

> RECENT PRO JE C T S AUTONOMOUS FERRY AS A SOLUTION FOR URBAN MOBILITY CHALLENGES Many cities face logistical challenges: crowded areas, travel movements and a congested road network. Transport by water is ideally suited to solve these mobility problems. This is also what the city of Paris envisages ahead of the summer of 2024. Paris opts for an innovative solution using the water that crosses the city to ensure proper mobility. In the summer of 2024, athletes and visitors from all over the world will get a glimpse of the future of waterborne mobility by crossing the Seine on a 3D-printed, autonomous, all-electric ferry! With partners Roboat and Sequana Développement, Holland Shipyards Group is building this innovative ferry for client Voies Navigables de France (VNF). The 9 by 3.90 m ferry will be fully 3D printed, making it the largest 3D-printed autonomous ferry ever. It has a state-of-the-art design, autonomous system, electric propulsion and the 3D-printed hull is made ‘Holland Shipyard has an innovative spirit and a no-nonsense attitude. This is exactly what we need in the early days of automated shipping’ – Ynse Deinema, CEO Roboat. of recycled material. Docking and charging are automatic. In several minutes, the battery is charged for the next trip. By investing in this innovative solution, Paris is setting the course for new sustainable passenger transport modes in the urban area. Like the city of Paris and our cooperation partners, we believe that innovation and sustainability go hand in hand. The 3D print build method opens up a new exciting chapter in shipbuilding 25 WWW.HOLLANDSHIPYARDSGROUP.COM

> RECENT PRO JE C T S OUR RETURN TO THE SHORT-SEA MARKET It has been almost two decades since Holland Shipyards Group started building the first seagoing cargo vessels. A significant milestone in history, as it allowed us to take on larger projects, grow as an organisation and increase our expertise. Today, we are returning and setting a new standard for the short-sea market! In collaboration with Conoship, two very similar designs were made, one of 3.600 DWT, which is ideal for sea-river transport, thanks to its low air draft, and one of 3.800 DWT, which specializes more in project cargo. The tween deck makes it easy to expand the cargo capacity or split cargoes. The first five coasters of this future proof design all have dieselelectric propulsion—an excellent step towards greening the short sea market. The design considers a possible next step towards sustainability, allowing a switch to future fuels. Another beautiful, sustainable feature in the design is the use of a VentiFoil® system, where the ship uses wind energy. Two “wings” are positioned at the front of the vessel and provide additional propulsion power, resulting in an 8% - 12% energy reduction. We believe this new design of coasters sets a new standard in the short-sea market, and expect to deliver the first five coasters in mid-and late 2024. Meanwhile, we are further developing the design to make it available in other sizes to meet the market’s demand. 26

> RECENT PRO JE C T S TWO HYDROGEN VESSELS for inland shipping Hydrogen offers a solution where distances are too long for electric propulsion. We are working on this energy transition with Future Proof Shipping by converting ships with conventional propulsion to hydrogen propulsion. Holland Shipyards Group is in the process of converting two inland vessels to hydrogen propulsion. The first vessel, the Maas, will be commissioned in the second quarter of 2023, and the second vessel, the Waal, is currently under construction. The 110m by 11.45m vessels will be converted entirely, with the main engines and diesel generators giving way to hydrogen technology. The hydrogen and fuel cell system will be installed in the ship’s cargo hold, with the hydrogen placed above the fuel cell system in two 40ft containers (about 1,000 kg at 300 bar). The fuel cell system is triple redundant with an 825 kW capacity (to provide propulsion and auxiliary power) and a 504 kWh lithium-ion battery pack for peak shaving, secondary and bridging power. The system includes a 750V DC bus bar and an e-motor for propulsion. The vessels will soon sail between the ports of Rotterdam and Antwerp and expect to reduce some 2,000 tonnes of CO2 emissions per year. 27 WWW.HOLLANDSHIPYARDSGROUP.COM

> RECENT PRO JE C T S CONVERSION OF TSHD “ZEEBURG” Converting an existing vessel to a dredger is a sustainable way to breathe new life into your fleet. Thanks to Holland Shipyards Group’s dredging expertise, we can provide excellent guidance as a partner in your conversion project. We converted a cargo vessel into a suction hopper dredger for Van Ouwerkerk. The TSHD Zeeburg has been operational since the end of 2022. Existing hold adapted for pump room and generator room Equipped with IMO Tier 3 after-treatment installation Installed sand pumps, jet pumps, hydraulic systems and diesel generators In-house designed bucket loader Equipped with TV Dredging equipment: TVD-SP-DN 700 suction pipe, with associated trestles and swell compensator. Built-in dredging transport system allowing two different loads to be loaded in one load Jointly developed screening system Inspired by the future: Breathing new life into an existing vessel is also a sustainable way to expand your fleet. 28

> RECENT PRO JE C T S HOLLAND ACCOMMODATION RENTALS Amasus Shipping B.V. Rental of 3 modules for several months to Amasus Shipping B.V. SAL Heavy Lift Rental of 3 modules, in addition to the modules already on board, for SAL Heavy Lift. “Provided to us with proven quality we were happy of having used these modules again and will do in future.” 29 WWW.HOLLANDSHIPYARDSGROUP.COM

> RECENT PRO JE C T S A NEW LIFE FOR DRILLING RIGS In the shipyard in Vlissingen, a completely different perspective of sustainability is addressed: Life extension, conversion, and redeployment of existing assets. Over the past years, more than five existing drilling rigs have been converted for Dixstone: from decommissioning jack-up to gas compression and accommodation platforms. Currently, rig “Carrus” is being converted into a gas power distribution and production platform. This means the platform will be centrally positioned to supply power to several production platforms using gas from the field. HSG’s scope started with removing existing (drilling) equipment, the accommodation, and all other superfluous deck systems. Upon completion of removal works, extensive life extension works were undertaken, including corrosion protection of the hull and the legs. In parallel, future equipment foundations and access structures are being prefabricated inside the workshop. Some of these are installed onboard to receive Dixstonesupplied equipment such as electric transformers, power turbines, cranes, etc... After lifting the Dixstone equipment, all systems are duly connected, commissioned and tested. In Q3 2023, Carrus will be ready for another lifetime out at sea! 30

> RECENT PRO JE C T S SUSTAINABLE SAND EXTRACTION WITH ELECTRIC DREDGER We built an emission-free electric sand dredger for Nautilus, a subsidiary of Koninklijke Oosterhof Holman. The sand dredger enables sustainable sand extraction and was immediately deployed on a Natura2000 project upon commissioning. DELIVERY DISTANCE 3 KM SUBMERSIBLE PUMP BOOSTER PUMP PSD350 1-PERSON OPERATION 1595 KW TOTAL INSTALLED POWER MODULAR CONSTRUCTION FOR FAST AND EFFICIENT (DE)MOBILISATION FULLY ELECTRIC 37M SUCTION DEPTH 31 WWW.HOLLANDSHIPYARDSGROUP.COM

OSLO OPERA HOUSE Inspiring architecture SOCKS Our own happy socks HSG’S FAVORITES FOODTRUCK Which we use regularly to surprise our employees with lunch This building, with its inspiring architecture, is shaped like a ship’s hull and has been awarded the BREEAM ‘Very Good’ sustainability label. You can see that modern, authentic and innovation come together, just like with the many retrofit projects we carry out. THE PORT HOUSE IN ANTWERP 32

> HS G’S FAV ORITE S ROTTERDAM Leading maritime city of Europe KIDS A visit by children of primary schools at our yard. Children are the future and we like to enthuse them about the maritime industry. VIKING SHIP Inspiring hull and very good sea behavior. Clever that they could already build such hulls without drawing software TESLA When it comes to the electrification of means of transport, Tesla can be called a forerunner. An inspiring organization that is committed to the rise of sustainable transport. TALES FROM THE ROADS LESS TRAVELLED COLUMBUS F MAGAZINE avorite because of the inspiring photography It is often the roads less travelled that can be refreshing and lead to the best ideas. Something that we as Holland Shipyards Group embrace, and see as a necessary path to take when looking at preserving our beautiful planet. Just like the Dutch photographer Pie Aerts, we also go of the beaten track, making this visual in the vessels we build. 33 WWW.HOLLANDSHIPYARDSGROUP.COM

> SUS TAINABLE GOALS NO PEOPLE, GREEN SHIPS, NO SHIPYARD Our employees are our most valued asset, and we treat them as such! Looking at our employees, most stay with the company for the long run. We offer challenging positions with excellent remuneration. Ultimately, everything we do here is a team effort. We also believe that hard work should be rewarded proportionally, with proper financial compensation and educational and development opportunities. GREEN PRODUCTION In recent years, we have also focused on optimising and improving our production processes. Green ships must be built sustainably! This is reflected in our choice of materials and our indoor workshops, where we control air quality and emissions. Next year, our sustainable production capabilities will increase dramatically as we are set to install a large number of solar panels on our workshops to offset our annual energy consumption. ALL MODES OF TRANSPORT SHOULD BE GREEN To make communities green, all modes of transport must be sustainable. Our role is to build these green vessels. Like for the municipality of Amsterdam, where we have expanded our list of delivered ferries to seven hybrid and five fully electric ferries in the past years! Besides battery-powered ships, for ships with a small operational profile, hydrogen will become a central fuel source for Holland Shipyards Group in the near future! A HEAVY RESPONSIBILITY Part of our mission to reduce the impact of climate change is already covered in the points above. However, we also believe that going green is not an option or a fad that other trends will eventually replace. It is an urgent necessity if we want to leave a habitable planet to future generations. We are on the brink of irreversible changes in our ecosystem. Shipyards are in a particularly critical industry, as both shipping and heavy industry are the main polluters worldwide. Help us keep this green promise! 34

P: +31 (0) 184 630 516 HARDINXVELDGIESSENDAM P: +31 (0) 183 503 111 WERKENDAM P: +31 (0) 113 287 785 VLISSINGEN WWW.HOLLANDSHIPYARDSGROUP.COM


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