EXMAR report 2025

3.2 Environment 94 3.2.2 Energy consumption and mix 3.2.2.1 ENERGY CONSUMPTION OF OWN OPERATIONS Our energy consumption and mix refer to energy consumed by EXMAR itself. Hence, this includes scope 1 (fuel consumption from owned or controlled sources, e.g., marine fuels, gas) and scope 2 (purchased electricity, steam, heat or cooling). Our calculation is automatically executed by our GHG emission software. The overview below provides the consumption by fuel source. In summary, most of our energy is derived from fossil fuels, a small part comes from renewable sources, and no energy is derived from nuclear sources. Please note that the restatement on the emissions for 2024 also impacts the energy consumption and mix. Hence, a restatement for 2024 on energy consumption & mix as well as energy intensity (see below) has been made to allow comparison between 2024 and 2025. ENERGY CONSUMPTION & MIX 2024 ORIGINAL 2024 RESTATED 2025 (1) Fuel consumption from coal and coal products (MWh) 0.00 0.00 0.00 (2) Fuel consumption from crude oil and petroleum products (MWh) 5,108.15 5,108.15 2,445.81 (3) Fuel consumption from natural gas (MWh) 1,735.86 617.53 371.01 (4) Fuel consumption from other fossil sources (MWh) 0.00 0.00 0.00 (5) Consumption of purchased or acquired electricity, heat, steam, and cooling from fossil sources (MWh) 3,232.15 1,492.16 1,049.25 (6) Total energy consumption (MWh) 10,076.16 7,216.58 3,866.07 Share of fossil sources in total energy consumption (%) 99.25% 98.96% 99.98% (7) Consumption from nuclear sources (MWh) 0.00 0.00 0.00 Share of consumption from nuclear sources in total energy consumption (%) 0.00% 0.00% 0.00% (8) Fuel consumption for renewable sources, incl. biomass (also comprising industrial and municipal waste of biologic origin, biogas, renewable hydrogen, etc.) (MWh) 0.00 0.00 0.93 (9) Consumption of purchased or acquired electricity, heat, steam and colling from renewable sources (MWh) 11.38 11.38 0.00 (10) The consumption of self-generated non-fuel renewable energy (MWh) 64.35 64.35 0.00 (11) Total renewable energy consumption (MWh) 75.73 75.73 0.93 Share of renewable sources in total energy consumption (%) 0.75% 1.04% 0.02% Total energy consumption (MWh) 10,151.89 7,292.30 3,867.00 Please note that the difference in renewable energy consumption between 2024 and 2025 is due to the purchased electricity in our office in Singapore. The energy provider in Singapore offers both conventional and renewable electricity. As we do not have the assurance that the electricity within our office is renewable, we apply a conservative approach for 2025, assuming that the electricity we consume in Singapore is based on fossil fuels. 3.2.2.2 ENERGY INTENSITY OF OWN OPERATIONS Energy intensity is a measure of energy required to produce a unit of output or economic activity. It quantifies how efficiently energy is used, with lower energy intensity indicating more efficient energy use. For the calculation of the energy intensity of our own operations, we apply the following formula: scope 1 & 2 energy consumption -------------------------------------------------------- The high climate impact sector revenue (expressed in thousand USD) The information for the numerator is provided above. The denominator requests the revenue from high climate impact sectors. Such sectors are industries that significantly contribute to GHG emissions and environmental degradation, including fossil fuels. The NACE codes of companies define if the activities are considered as part of such sectors (NACE sections A-H and section L, as defined in the Commission Delegated Regulation (EU) 2022/1288).