DAEHAN SHIPBUILDING CO.,LTD.

1 498 Tel. 061 531 1001 Fax. 061 531 2799 CO., .DHSC is determined to pave the way towards another renaissance of Korean SHIPBUILDING CO., 08 2006. 11 2006. 12 2008. 06 2010. 01 2010. 11 2011. 06 2012. 03 2012. 06 2013. 01 2013. 02 2013. 05 2013. 12 2014. 09 2015. 05 2015. 12 170,000 DWT 180,000 DWT (Active Shipping&Management)170,000 DWT (Golden Ocean Group)180,000 DWT (Active Shipping&Management)207,000 DWT (John Samonas&Sons) , 207,000 DWT (john Samonas&Sons)GTT LNG RD-5 82,000 DWT (Liberty Maritime) LR2 8 180,000 DWT, 207,000 DWT LR2 1,500 , CONTENTS02 History04 CEO Message06 Organization of DHSC08 Core Value10 Trust-Based Quality11 Think Health, Safety, Environment12 Performance Record of DHSC14 Tanker16 Bulk Carrier18 Gas Carriers19 Special Vessels20 Best Technology with Passion22 Facilities26 DHSC grows with28 Global DHSC & DSME0203 DAEHAN SHIPBUILDING CO.

2 , Message , 2004 .1 1,500 (Goliath Crane) , .. , . , . , . 2008 .2011 7 . , , , MR , LNG . win-win ..CEO & President DAEHAN SHIPBUILDING CO., MessageCustomer-OrientedManagement - - - - - - - - - - PM - - - - - HSE - - - - - - 0607 DAEHAN SHIPBUILDING CO.

3 , of DHSC 1. 2. 3. 1. 2. 3. 0809 Core ValueDAEHAN SHIPBUILDING CO.,LTD. The World s best medium sized shipyard Delivery on Time Zero defect in quality Safety based on HumanismTrust-BasedQualityThink Health,Safety,Environment HSE HSE .ISO 9001:2008 ISO14001:2004 OHSAS 18001:2007 100%95%90%85%80% Quality / Think Health, Safety, EnvironmentDAEHAN SHIPBUILDING CO., Health Safety HSE HSE . ( ) . , ..Our existing customers have confidence inDHSC s Quality ManagementPerformance Record of DHSCDHSC SHIPBUILDING ProductsAs DSME s subsidiary and a business partner, DHSC has constructed a variety of ship and offshore blocks for DSME as shown at the table below.

4 As of July 2017 (2017 7 )60 Successfully Delivered Vessels( )1213 Performance Record of DHSCDAEHAN SHIPBUILDING CO., or before 201220132014201520162017 TotalDelivered Unit2832714660 Work Volume (DWT)5,094,000388,000230,000870,0002,238 ,000680,0009,500,000 Type180K BC(26)207K BC(2)82K BC(2)FloatingDock (1)LR2 PC (2)180K BC(1)LR2 PC (6)180K BC(4)207K BC(4)115K COT(2)LR2 PC (4)113K COT(4)LR2 PC(2)NoteContainershipLNGCBC / VLOCT ankerOffshoreDelivered Unit31188811 Work Volume (DWT)95,180 43,18648,07014,32824,585 Type of product18,000 TEU(14)16,000 TEU(2)10,700 TEU(4)9,200 TEU(6)13100 TEU(5)180,000 CBM (1) 173,400 CBM (4) 159,800 CBM (13)400K (1)180K (1)82K (1)55K (5)319K (5)157K (3)Semisubmersibleplatform(3)Drillship (5)FLNG (1)FPSO (2)As of July 2017 (2017 7 )76 Successfully Delivered SHIPBUILDING & Offshore products( )DHSC Vesselswith world-Class technologies & SHIPBUILDING capabilities, DHSC has delivered 58 high-quality vessels since the delivery of our first vessel on June 1, , our first ship, MYSTIC, was selected as Outstanding vessel of the year in 2008 by maritime magazine, Naval Architect.

5 2008 6 1 58 . MYSTIC Naval Architect 2008 .TANKERBUSINESS PORTFOLIO- DIMENSION : 155(L) X 23(B)X (D) - CAPACITY : 19,900 DWT - MAIN ENGINE : MAN-B&W DIMENSION : 274(L) X 48(B)X (D) - CAPACITY : 157,000 DWT - MAIN ENGINE : MAN-B&W DIMENSION : 183(L) X (B)X (D) - CAPACITY : 49,500 DWT - MAIN ENGINE : MAN-B&W DIMENSION : (L)X44(B) (D) - CAPACITY : 115,000 DWT- MAIN ENGINE : MAN B&W COT/PC Suezmax (planned)Medium Range (planned)20K Chemical (planned) 1415 BUSINESS PORTFOLIO TANKERDAEHAN SHIPBUILDING CO., CARRIERBUSINESS PORTFOLIO- DIMENSION : 292(L) X 45(B)X (D) - CAPACITY : 180,000 DWT - MAIN ENGINE : MAN-B&W Large Ore Carrier (planned)- DIMENSION : 300(L) X 50(B)X (D) - CAPACITY : 206,000 DWT - MAIN ENGINE : MAN-B&W DIMENSION : 333(L) X 60(B)X (D) - CAPACITY : 325,000 DWT - MAIN ENGINE : MAN-B&W DIMENSION : 229(L) X (B)X (D) - CAPACITY : 81,800 DWT - MAIN ENGINE : MAN-B&W (planned)Newcastlemax1617 BUSINESS PORTFOLIO BULK CARRIERDAEHAN SHIPBUILDING CO.

6 , CarriersSpecial VesselsRoom *Gap sealing sheet without corrugationAnti-floating keyCargo tankHullstructureTank domeUpper anti-rolling keyStringer of Cargo tankCenter longitudinalbulkhead of Cargo tankLower anti-rolling key`BHD of Cargo tankVertical support (planned)Small Scale Gas Carrier & LNG Bunkering Vessel (planned)- DIMENSION : 90(L) X 14(B) X (D) - CAPACITY : 1,300 DWT - MAIN ENGINE : STX-MDT 8L27/38 1819 BUSINESS PORTFOLIO Gas Carriers / Special VesselsDAEHAN SHIPBUILDING CO., BarrierHigh Mn steel tank / Partial barrierInsulationPlywood + LD foam (300mm)BOR [%pd] Bunkering Vessel / LFS Fuel tank / Shuttle LNGCR emarkSloshing freeMCTIB High Manganese steel Cargo Tank Independent type-B fuel tank LNG Best Technology with PassionBallast Water Treatment System IMO type approved and USCG AMS accepted BWT system is available for all type of VesselsIMO USCG AMS.

7 UV + FilterUV+ Indirectelectrolysis type Ozonation type Harmonized CSRDHSC s Bulk Carriers & Tankers are fully compliant with the new IACS Common Structural Rules IACS .High Efficient Hull Form Multi-point optimization based on real operatingprofile (ship speeds, draughts, weather conditions) (CFD : Computational fluid dynamics) NOx & SOx emission control systemNOx & SOx Exhaust Gas Recirculation System Selective Catalytic Reduction (SCR) SOx Scrubber 2021 ESDs (Energy Saving Devices) (PSS), (Rudder Bulb) .ESDPSS with Rudder BulbDuct with Rudder BulbFull-spade Rudderwith Rudder BulbSavingEffectApprox. 3% ~ 5%Approx. 3% ~ 5%Approx. 2 %LNG Fueled & LNG Ready VesselLNG LNG IndependentType-C Tank C HYBRID FGSS (Fuel Gas Supply System)LNG Dual-fuel ME-GI & X-DF(2-Stroke)LNG/HFO Best Technology with PassionDAEHAN SHIPBUILDING CO.

8 ,LTD. , ..DHSC Facilities , 2 .. 01020304 Haenam ShipyardLayout of ShipyardComplex Area2,207,163 Capacity12 Vessels/ Year22 , .. DAEHAN SHIPBUILDING CO., Dry Dock ( 1 )Dimension 460 m x 72 m x 10 mMax. Capacity 330,000 DWTNo. 1 Gantry Crane 600 TonNo. 2 Gantry Crane 1,500 TonJib Crane 40 Ton Tower Crane 12 Ton 02No. 2 Dry Dock (Under Construction)( 2 - )Dimension 540 m x 120 m x 13m Max. Capacity 400,000 DWT03No. 1 Quay ( 1 )Length 390 mJib Crane 40 Ton 04No. 2 Quay ( 2 )Length 146 mTower Crane 12 Ton x 22401 02 04 05 / 06 03 07 08 09 Block Assembly Shop 1 03040605080907 Shop area175,509m Capacity72,000 Ton/ Year0102 DHSC Facilities , 2.

9 , .. DAEHAN SHIPBUILDING CO., Facilities2506 & 02 07 03 08 04 / 05 01 09 0209 Shop area198,635m Capacity204,000 Ton/ Year01050304080706 2 DHSC grows withCustomers, Employeesand Local . DAEHAN SHIPBUILDING CO., grows withGlobalDHSC & DSME2829 498 Tel. 061 531 1001 Fax. 061 531 2799 KoreaEuropeLONDONUnit C402, Westfield London Shopping Centre Ariel Way, London W12 7FD United KingdomTel. +44 20 3249 1150 Fax. +44 20 3249 1151 GREECE1, Possidonos Ave.,174 55 Alimos, GreeceTel. +30 210 422 6787 Fax. +30 210 422 6788 ABU DHABI34-12th Floor, Prestige Tower, Mohamed Bin Zayed City Box 44737, Abu Dhabi, UAETel. +971 2 495 7000 (Ext. 7075)LUANDARua Rainha Ginga, n 187, Edificio Rainha Ginga, Piso Intermedio, Imgombota, Luanda, AngolaTel.

10 +244 222 027 818 Fax. +244 222 027 818 Africa, Middle EastSINGAPORE/PERTHSINGAPORE : #14-01 Suntec City Tower 1, 7 Temasek Boulevard, Singapore 038987 PERTH : Level 28, AMP Building 140 Terrace Perth WA 6000, AustraliaTel. +65 6336 0930 Fax. +65 6336 2484 JAKARTADSME Jakarta office, Menara Global 20 Floor, B., JalanGatot Subroto , Kuningan Timur, Jakarta Selatan, Jakarta 12960 IndonesiaTel. +62 21 5288 0132 Fax. +62 21 5288 0133 South-East AsiaHOUSTON950 Threadneedle St., Suite 270 Houston, Texas 77079, USATel. +1 281 679 1351 Fax. +1 281 679 1328 TOKYO6F. Akebono Daitetsu Building, Arakicho 23-15, Shinjuku-ku , Tokyo 160-0007, JapanTel. +81 3 5361 8241 Fax. +81 3 5361 8242 USA, JapanKOREASINGAPORE/PERTHJAKARTATOKYOHOU STONLONDONGREECEABU DHABILUANDADAEHAN SHIPBUILDING CO., DHSC & DSME