EXMAR report 2025

3.1 Sustainability at EXMAR 83 3.1.3.3.2 Connecting our material IROs to the SDGs In the picture below, each material IRO is connected to one or more Sustainable Development Goals (SDGs). Hereby we aim to demonstrate how each IRO, ■  Ammonia as a fertilizer ■  Safety of seafarers & office employees ■  Safety of seafarers & office employees ■  Highly skilled & trained personnel ■  Prevention & detection of possible corruption, including bribery & training ■  Sailing on conventional fuel ■  Infrastructure units using conventional fuel ■  Safety of seafarers & office employees ■  Multiculturalism ■  Freedom of association & collective bargaining agreements ■  Adequate housing ■  Transport & transformation of hydrocarbons ■  Fuel transition ■  Sailing on conventional fuel ■  Infrastructure units using conventional fuel ■  Investment portfolio ■  GHG emissions related to production, transport of spare parts & services, business travel ■  Transport of shale gas & grey ammonia ■  Influence new international & local regulations ■  Sailing on conventional fuel ■  Investment portfolio ■  GHG emissions related to production, transport of spare parts & services, business travel and the corresponding key concept(s) (see tables above), can be placed within the overarching United Nations framework and goals, and how EXMAR aims to contribute to the achievement of these goals. 3.1.3.3.3 Financial exposures EXMAR’s key financial exposures are related to investments, labor costs and regulatory compliance. Through a proactive compliance and risk management framework, we aim to mitigate these exposures while ensuring sustainable and responsible business operations. In the table we provide our financial exposures to each domain. The texts below provide some elaboration and clarifications. DOMAIN AMOUNT Investments in new technology Approx. USD 300 million Increase in labor costs Approx. USD 0.4 million Regulatory costs Approx. USD 1.8 million Investments in new technology In first instance, we continuously invest in more fuel-efficient ships. In 2025, two new LPG dual- fueled vessels have already been delivered. We are currently overseeing the construction of four midsize gas carriers equipped with cutting edge dual-fuel ammonia engines at HD Hyundai Mipo in South Korea. Moreover, four additional midsize gas carriers (MGC) dual-fuel LPG engines are under construction at CIMC Sinopacific. These investments demonstrate how EXMAR acts as a pioneer in adopting cleaner and more sustainable maritime fuels, investing in (new) technologies that significantly reduce emissions.