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Past, Ongoing and Future Projects SALES Past, Ongoing and Future Projects SALES Date Contractor Project Serimax Project Number Operator Country Description 2019 Ace Pipeline Contracts Pvt. Ltd Bokaro-Angul Section 3 Sale of STX07 for Gail 2 units and welding wire India 2019 Pumpco Sale of STX01 Sale of 9 Saturnax 01 stations for N/A USA 2019 Saipem Sale of PFM Sale of 4 x PFM 24"-42" including clamping kit for for N/A 24" to 42" + additional clamping kit for 30" to 32" Portugal 2017 Bumi Armada Caspian Filanovsky Field Sale of parts & consumables for: for Lukoil Development - 658 welds 12.75" (17.5 mm, X52) Russia - 84 welds 16" (12.7 mm, X52) - 84 welds 22" (20.6 mm, X60) - 84 welds 6.625" (12.7 mm, X52) 2017 COOEC Zhoushan LNG Sales of parts - for CNOOC 30 km 32" (19.1 mm) 2017 COOEC Dongfang Sales Project Sales of parts for DongFang 13-2 project: for CNOOC 195 km 24" (20.6/25.4 mm) China 21.5 km 6" (11.1 mm) 2017 National Building Comapny Sale of Equipment Sale of equipment: for Saudi Aramco - 1 PFM 8"/28" Kingdom of Saudi Arabia - 3 Saturnax 05 stations - Accessories - Spare parts - Consumables & wire 2017 Ramsis Engineering Sale of STX01 Sale of 2 Saturnax 01 units and accessories for N/A Bahrain 2017 BR CAT 16" Line Sales of equipment (1x PFM, 1x Clamp), spare for Saudi Aramco parts, consumables & wire needed to perform Kingdom of Saudi Arabia Aramco Maintain Potential Project - 16" line : 8,750 welds 16" (15.9 mm, X65) - 105 km Sour service Pipe internally coated 2016 Denys Jubail Sales of equipment, accessories, parts and for Saudi Aramco consumables related to the replacement of three Kingdom of Saudi Arabia northern area pipelines - Jubail project - Sales Gas: 2,170 welds 16" (14.3 mm, X60) - 52 km 1,619 welds 36" (16.9 mm, X70) - 39 km Extra Light Crude Oil: 2,398 welds 30" (10.7 mm, X60) - 58 km Date Contractor Project Serimax Project Number Operator Country Description 2016 Al Robaya Holding Co. Khafji to Ratawi KFTNGL-1 Sale of accessories, spare parts, consumables & for Saudi Aramco wire needed to perform Khafji to Ratawi KFTNGL-1 Kingdom of Saudi Arabia Gas Pipeline Project and Saudi Bahrain Crude Oil Pipeline Project: Khafji to Ratawi: 2,102 welds 16" (7.9 mm, X65) - 53 km Khafji to Ratawi: 2,221 welds 16" (9.5 mm, X65) - 56 km Saudi Bahrain: 1,700 welds 30" (7 mm, X60) - 43 km All sour service 2016 Saudi KAD Contracting Co. MGS Ph. II Package I Sales of equipment, accessories, parts, for Saudi Aramco consuimables needed to perform MGS Phase II Kingdom of Saudi Arabia Package I - Western Region PL Project - approx. 9,500 ML mechanized welds 56" (14.3 to 25.7 mm, X70) - 24 m - 228 km Sweet service 2016 Huiren International Company Rich Source 301 Sales of welding equipment for Chinese shallow for Huiren International water barge Rich Source 301: Company China - 5 Saturnax stations - 2 sets 8"-24" with clamping kits 22"-24" - 2 sets HPU 55W with air cooler - 1 set offshore S-Lay clamp 20"-22" - 2 sets Induction Heating system - MRC, DEMAG, rings, and spare parts, 2015 CAT International Shaybah / Shedgum Extension of Shaybah Abqaiq pipeline capacity & for Saudi Aramco complete Shedgum-Yanbu pipeline Loop 1 - Kingdom of Saudi Arabia Shaybah-Abqaiq: 5,636 welds 42" (10.9 mm, X65) 3,364 welds 42" (9.1 mm, X65) DJ-SAW - Sour service Shedgum-Yanbu: 6,812 welds 56" (14.3 mm, X70) 1,005 welds 56" (17.2 mm, X70) 400 welds 56" (20.6 mm, X70) 4,283 welds 56" (25.7 mm, X70) DJ-SAW - Sweet service 2015 Al Royaba UA-6 Pipeline seg. II Sale of Equipment - for Saudi Aramco 2,240 welds 48" (9.5 mm, X60) - 51.75 km Kingdom of Saudi Arabia 1,680 welds 46" (9.5 mm, X60) - 38.25 km Sour service 2015 COOEC Zawtika 585 welds 18" (19.1 mm) - 7.128 km for PTTEP 3,165 welds 18" (17.5 mm) - 38.584 km China 1,052 welds 14" (15.9 mm) - 12.825 km 164 welds 14" (17.5 mm) - 2 km 2015 Beijing LYXB Petroleum Inner Mongolia Supply of parts for Shengli 4,100 welds 36" (15.5 mm) China 2015 Hilong PingHuang Sale of spare parts and consumables for the for CNOOC following SoW: China 1,501 welds 10.75" (15.9 mm) - 18.3 km 2015 Sigur Ros Garagol Deniz to OGT Sale of spare parts, consumables and accessories for Petronas for the following SoW: Turkmenistan 41 welds 14" (12.7 mm, X52) 3,443 welds 14" (12.7 mm, X52) 2,256 welds 14" (12.7 mm, X52) 169 welds 14" (12.7 mm, X52) 57 welds 14" (12.7 mm, X52) www.serimax.com Sales references -19/03/2019 Page 2 of 9 Date Contractor Project Serimax Project Number Operator Country Description 2015 Hilong Weizhou PIP Supply of spare parts for the following Pipe-in-pipe for CNOOC project: China 283 welds 6"/10" (14.3/12.7 mm) - 6.9 km 152 welds 8"/12" (15.9/11.1 mm) - 3.7 km 74 welds 10"/14" (12.7/11.1 mm) - 1.8 km 156 welds 12"/16" (12.7/11.1 mm) - 3.8 km 74 welds 12"/16" (12.7/11.1 mm) - 1.8 km 537 welds 16"/10" (15.9/12.7 mm) - 13.1 km 304 welds 22"/26" (22.2/14.3 mm) - 7.7 km 2015 Dodsal & Company EWG-2 Loop 2 Sale of necessary parts/consumable, equipment - for Saudi Aramco 12,000 welds 56" (14.3/17.1/20.6/25.7 mm, X70) Kingdom of Saudi Arabia 2015 Beijing Lyxb Petroleum Equip LNG Project Sale of parts for onshore project - for Sinopec 1,639 welds 32" (14.4 mm, pipe CS) - 20 km China 2014 Vinh Nam joint Stock Cy Nam Con Son 11.85 km 26" (19.1 mm) for Vietsovpetro Vietnam 2014 COOEC Bozhong Total of 2,158 welds (25.9 km): for COOEC 18 km 14" (14.3 mm) - PIP China 7.9 km 12.75" (14.3 mm) - PIP Non-sour service Sale of spare parts 2014 Vinh Nam Joint Stock Compan VSP Sales of spare parts for Vietsovpetro Vietnam 2014 COOEC Spare Parts for Pinghuang Sale of spare parts for COOEC China 2014 ETK ETK Contract 14 Sales of spare parts for (TBA) Russia 2014 ETK Sales of spare parts Sale of spre parts for N/A Russia 2014 COOEC Kenli 10-1 Sale of spare parts for a total 6,500 welds: for COOEC 33 km 8" (12.7 mm) China 25 km 10" (14.3 mm) - PIP 7.7 km 12" (15.9 mm) 7.7 km 14" (14.3 mm) - PIP 2014 Sunfary Technologies Sale of STX & PFM 76" Sales of 6 Saturnax, 3 PFM 76" and other aucillary for Sinopec Jiangsu Division equipment for Saudi project 76" Kingdom of Saudi Arabia 2013 COOEC Parts for Production Liwan for N/A Deep Water 22" China 2013 COOEC Jin-Zhou 25-1S 68 km 14" (11.1 mm, X65) + 12.7 mm (0.5 km) for N/A Total 5,620 welds China Sale of spares, specifics and consumables for the equipment of COOEC (4 Saturnax) 2013 COOEC Panyu 14"x15.9 mm 33.1 km 14" (15.9 mm, X65) for N/A China Sale of spare parts, specifics for PFMs, STX, ILUCs and consumables for Panyu 14" x 15.9 mm production onboard HYSY201. www.serimax.com Sales references -19/03/2019 Page 3 of 9 Date Contractor Project Serimax Project Number Operator Country Description 2013 Sunfary Technologies SINOPEC Sale of 2nd clamp 32" for Sinipec China landline for Sinipec Jiangsu Division project. China 2013 ETK SALE OF SPARE PARTS Sale of spare parts for N/A Russia 2013 COOEC Huang Yan 14-1 Providing spares and specifics for PFMs, STX, ILUCs for N/A and consumables for client own equipment onboard China HYSY 201 22 km 12.75" (12.7 mm, X65) 2013 Sunfary Technologies Sale PFM & Clamp 76" Sales of 1 PFM 76" & 1 Clamp 76" for Sinopec for Sinopec Jiangsu Division SWCC 76" project in Saudi Arabia Kingdom of Saudi Arabia 2013 COOEC Kenli 3-2 Providing spare parts, specifics for PFSs, STX, for N/A ILUCs and consumables for client own equipment China onboard HYSY202 26 km 8.625" (12.7 mm, X65) PIP, Outter 18" by manual: 39 km 14" (14.3 mm, X65) 5 km 12.75" (14.3 mm, X65) 2013 COOEC Panyu 14"x15.9mm 14" (15.9 mm, X65) for N/A WPQT : 52 automatic welds China Providing specifics and consumables for STX05, BKG for 1 ILUC 12"/14", bevel consumables for PFM 8"/24". 2013 Sunfary Technologies Sinopec Spares sales 32" Sales of clamping kit 32" and associated spare for Sinopec Jiangsu Division parts. China 2013 COOEC Xi-Jlang Providing spares and specifics for PFMs, HPUs, for N/A Saturnax and consumables for client own China equipment on HYSY201 (line 25-8), Line 25-8 on board HYSY201: 18.3 km 10.75" (14.33, X65) - Inner pipe Line 24-3 on board Langjiang 8.3 km 12.75" (14.3 mm, X65) - Inner pipe 2013 SGC SGC-13 OD 820 mm (32.3") x WT 9-12 mm for N/A Provision of spare parts for modification of clamp Russia and clamping kit of PFM, 2013 ETK Pte. Ltd.
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