�? ?Placement attracted institutional investors (in alphabetical order) such as Areca

Capital, Asdew Acquisitions, Astral Value Fund VCC, Evolve Capital Management,

Ginko-AGT Global Growth Fund, ICH Synergrowth Fund, Lion Global Investors Ltd (as

investment manager for and on behalf of its clients), and Value Partners Hong Kong

Limited

�? ?Maybank Securities Pte. Ltd. is the Placement Agent

Marco Polo Marine Ltd. (�Marco Polo Marine� or the

�Company�, and together with its subsidiaries, �the Group�), a reputable regional integrated marine

logistics company, announced the completion of a private share placement that raised gross

proceeds of approximately S$21 million. The placement drew strong demand from institutional and

strategic investors.

Details of the Private Placement

The placement comprises the issuance of 144,865,920 new ordinary shares at an issue price of

S$0.145 per share. The placement was well-received by a select group of [new and existing] institutional

investors, including (in alphabetical order): Areca Capital, Asdew Acquisitions, Astral Value Fund VCC,

Evolve Capital Management, Ginko-AGT Global Growth Fund, ICH Synergrowth Fund, Lion Global

Investors Ltd (as investment manager for and on behalf of its clients), and Value Partners Hong Kong

Limited. The placement also attracted other high-net-worth corporate and individual investors. This

strong participation from a high-quality investor base reflects the market's confidence in Marco Polo

Marine's growth strategy and outlook in the offshore marine sector.

Use of Proceeds to Fund Strategic Growth

The net proceeds will be utilised to support the Group�s project pipeline and fund capital expenditure in

line with its business expansion plans. This capital injection enhances the Company's balance sheet

and provides the financial flexibility to accelerate its expansion initiatives, particularly in the offshore

wind energy sector. The funds will support the Group�s ongoing efforts to enhance its fleet of specialised

vessels to meet the accelerating demand for sustainable marine logistics solutions in Asia.

Mr Sean Lee, CEO of Marco Polo Marine, said: "We are delighted with the strong support for our

private placement, which reflects a clear endorsement of our vision and strategy. This

successful fund-raising exercise provides us with the capital to pursue our pipeline of valueaccretive projects and further solidifies our position as a key player in the region's energy

transition. We are confident this will enable us to deliver sustainable, long-term value to all our

shareholders."

Mr Aditya Laroia, CEO of Maybank Securities, commented: �We are pleased to have acted as

placement agent for Marco Polo Marine in this transaction. The strong investor response is a

clear reflection of the market's confidence in the Company's strategy and its well-positioned

franchise in the offshore marine sector. This placement is a testament to the quality of Marco

Polo Marine's business and its growing relevance within Asia's energy transition story. We

congratulate the management team on a well-executed fund-raising.�