High Quality Interiors

Turn key custom solutions. Engineering - Production - Installation High Quality Interiors Contents

At a glance 5 Global Presence 6 Project & Supply Management 7 Our Promise 8 Our Approach 9 Engineering Value 10 Cruise Service subsidiary 11 Cruise Industry | Recent realizations 12 Yachts Interiors | Recent realizations 14 Real Estate | Recent realizations 16 Offshore & Tech | Recent realizations 18 Cruiseships | References List 20 RINA | Certificate 33 Our Clients recognitions 34

2 3 At a glance

SPENCER CONTRACT Spencer is a leading construction company that offers innovative solutions for the interiors supplying and fitting of Cruise ships & Yachts, Offshore & Tech and Real Estate. Spencer offers a wide range of services, assisting the client throughout the entire project, from detailed shop drawings to turnkey installation, along with follow up and maintenance. OUR PEOPLE & SERVICES Spencer Contract expertise grants complete construction of projects worldwide in mainly four professional construction divisions: Cruise ships & Yachts, Offshore & Mechanical and Real Estate. Commitment, attention to details, flexibility and maximum con­centration are Spencer’s key traits to match customer’s expectations. Spencer was accredited for Quality Management System (ISO 9001:2008) applied to execution, design, construction, installation and commissioning projects. KEY FINANCIALS Spencer has an impeccable credit history and is serviced in first-class Italian and foreign banks. Positive dynamics of key business indicators and a strong financial position allow to rely on own financial resources, as well as, if required, to provide bank guarantees in order to ensure continuity of any project. In 2017, Spencer’s revenues will exceed 41 millions euros, revealing a financial robust situation. Today Spencer can rely on an actual order book of approximately 230 million € up to 2022.

4 5 Global Presence Project & Supply Management

Spencer Contract Project Management assures the best execution of projects; establishing for each task a selected team of Engineers, Purchase Responsibles and Project Managers to coordinate with the on site teams of Director of operations, Papenburg (Germany) Logistics Managers and Foremen. Our best technicians across the globe are in the project since the preliminary analysis phase Trignac (France) Genoa - Milan - Venice (Italy) and constantly in alignment with the clients needs. Spencer Contract Supply Chain Management assures that all best materials required for the project are fabricated and manufactured by qualified suppliers and timely shipped/delivered/installed to the site in a constant cost-opportunity logic and according to precise specifications and timetables.

Project executive

Engineering Project Management Purchasing Logistic Manager Director of Site Operation Foreman ON SITE Headquarters in Genoa, registered office in Milan and several operational offices in Venice (Italy), Trignac (France) Subcontract suppliers and technicians and recently in Papenburg (Germany) grant Spencer the opportunity to install teams and operational structures worldwide.

6 7 Our Promise Our Approach

In the last 20 years Spencer has carried out construction projects and crafted high end interiors Our workforce and processes are optimally equipped to meet all aspects of newbuilding, refurbishment or maintenance for hotels, restaurants, boutiques, auditoriums, cruise liners, offices and residential properties. of Cruise ships, Yachts, Offshore & Tech and Real Estate. Our workforce of technical engineers, Project Managers and foremen across the globe is equipped to handle increasing complex projects and industry demands. This excellence in turnkey specialization lies in thorough planning, consulting, prototyping, execution and inspection Our structure grants thorough and complete support in all operation phases, from planning to execution. of special facilities solutions for any project undertaken. We offer to assist clients with our know-how in Budget Development, Cost Analysis and Value Engineering The long tradition in the marine industry has taught Spencer to successfully master handcrafts from start to finish, providing pre-contractual advice on layout, weights and budget estimation for the feasibility study. and this legacy endorses Spencer excellence in undertaking construction project also in land, from the engineering to prototyping, from inception to aftercare. We develop individual solutions and tailor-made applications in constant alignment with the customer. In doing so, we consistently focus on quality and project management as well as health, safety and environmental aspects. In order to ensure smooth installation, we provide our clients with all the necessary documentation too. This eliminates information loss and ensures a seamless process from design to installation. Pre-contractual services Draft and detailed design Planning and development Material supply Assembly and installation Delivery

8 9 Engineering Value Cruise Service subsidiary

An accurate Engineering study prior to any project realization Cruise Service - our subsidiary company - is specialized in Global Consulting, Engineering and Construction Expertise to Every Project. is a crucial step of our work and it involves planning, designing, managing and lastly constructing infrastructures. Cruise Service can grant new and innovative ideas to all of our projects by sharing proven solutions of years of expertise: The Engineering of construction projects requires specialized engineering skills along with the knowledge and practical experience of management. a superior service and responsiveness, using clear strategies to reduce risk and leave behind innovative, flexible cost-effective solutions that meet and exceed expectations, using partnering principles. At Spencer we provide Engineering services together with our subsidiary “Cruise Service” applying business science, management and engineering to the advancement of any projects carried out. Together, we operate as a global, full-service consulting, engineering and construction company, with the breadth of capabilities, professional talent, universal reach and capital necessary to offer our clients fully integrated services Our specialized teams of engineers and project managers participate in the all phases of design, quality control, cost estimation, that set new standards in quality, value, timeliness and cost-efficiency. materials procurement, planning, scheduling and budgeting, appreciating both the design aspect as well as building requirements.

10 11 NIEUW STATENDAM | Complete outfitting and furnishing of the following areas: Cruise Industry | Recent realizations SPA Area.

In twenty years of activity, Spencer successfully delivered over € 200 million of cruise ships outfitting orders, enabling the company to become nowadays a market leader in the cruise ship outfitting sector. NORWEGIAN BLISS | MEYER WERFT The Company has a strong track record in the fit-out of public areas, cabins, restaurants, lounges, SPAs, outside decks and pools. Complete outfitting and furnishing of the following areas: Highly competent in functionality, technology and design, Ocean Boulevard Deck 8. Spencer has been the partner of renowned shipping lines and shipbuilders Crew Outside Area Deck 8. for the construction of luxury passenger ships, Main pool & Market place Deck 16. and the company and its people and managers are currently working Sundeck Deck 17-18-19-20. on a high number of cruise outfitting globally. Margaritaville/American Diner Deck 17. Spencer operates with its sister company “Cruise Service” to provide GoKart Area Deck 18-19. the best quality and engineering services to any project undertaken. Spencer long tradition in the cruise industry enable the company to deliver special maritime products and services SYMPHONY OF THE SEAS | CHANTIERS DE L’ATLANTIQUE to some of the world leading companies in the industry. Complete outfitting and furnishing of the following areas: Public Stairs.

12 13 AZIMUT 120 SL | AZIMUT 35M GRANDE Complete outfitting and furnishing of the following areas: Owner Area. Guest Area. Yachts Interiors | Recent realizations Crew Area.

For twenty years Spencer has worked closely with world leading clients and architects to complete comprehensive interiors outfitting solutions. The capability of Spencer Yachts interiors division and the capacities ISA 540 | ISA YACHTS of its engineering company enable Spencer to develop large-scale interior outfitting projects to a very high standard, granting thorough and attentive Complete outfitting and furnishing of the following areas: cost & time effectiveness. Lower deck-cabin guest 1 - guest bath 1 (color red). A peculiar combination of best Italian craftsmanship together Lower deck-cabin guest 2 - guest bath 2 (color blue). with high quality industrial production processes provide the client Lower deck-cabin guest 3 - guest bath 3 (color brown). with all the benefits of excellence in manufacturing to solve any challenging tasks Lower deck-gym & walk in closet. and satisfy each clients demands. Our engineers, technicians and project managers ensure a wide range for design implementation. Our teams benefit from their verifiable practical experience in numerous projects and excellent records and references, MY VICTORY V | GINNY WORLDWIDE demonstrating the company’s success in individual concepts and tailor-made solutions. Complete outfitting and furnishing of the following areas: Supply and fitting of new AISI 316 ss / teak external handrails. Supply and installation of new bar counter with motorized lifting device. Supply and installation of new motorized sliding aluminum roof on sundeck. Supply and installation of new floors (marble, stone tiles, and vynil) on guest and crew areas. GINNY WORLDWIDE CO INC

14 15 AUDITORIUM RAI TORINO | TURIN (ITALY) Carena Costruzioni S.p.A. Complete outfitting and furnishing of the following areas: Auditorium. Real Estate | Recent realizations Backstage. Ceilings. Lobby. Floors & Front-stage.

Spencer’s Realization includes several prestigious auditoriums of impeccable standing. Auditoriums require particular engineering skills. The construction process needs to be timed precisely to ensure accessibility TEATRO DELLA GIOVENTÙ | GENOA (ITALY) throughout the entire period, and to make sure that the many contractors Studio A.R.T.E. - Genova / Studio Canepa Associati in the space and surrounding areas don’t get in each other’s way. Complete outfitting and furnishing of the following areas: Spencer is in charge of coordinating all this, in charge of the overall management responsible for on-site construction management. Auditorium. Our task is to supervise all construction processes and make sure Backstage. that the final planning of the architect and the specialists is implemented Ceilings. on site in line with the prescribed deadlines, costs and quality standards. Lobby. Floors & Front-stage.

Over the last 20 years, GRAND HOTEL DES ALPES | CHAMONIX - FRANCE Spencer has been involved in the construction and development GSV Engineering of several lodging areas, as hotel lounges, spas and restaurants. Complete outfitting and furnishing of the following areas: We take an unyielding approach to delivering on time and within budget, and our project managers and teams are consistently lauded for our ability Entrance hall. to work closelywith tenant reps and business owners towards the same goal: Reception area. build a quality product and create inherent value for our client.

16 17 CASTORO SEI | SAN GIORGIO DEL PORTO Complete outfitting and furnishing of the following areas: 220 guest cabins. Master Cabins. Offshore & Tech | Recent realizations Staircase and atriums.

Spencer’s close partnerships with shipyards, ship owners and the oil and gas industry enable us to provide innovative technology as well as specially developed systems and products. NRW ALLIANCE | NATO RESEARCH VESSEL Our Offshore Division offers turnkey solutions for new builds and refits Complete outfitting and furnishing of the following areas: in the offshore market, guaranteeing that living and working on drilling platforms is safe and comfortable. Cabins. Bathrooms and Service Areas. Our technicians, project managers and foremen Public Areas. together with our sister company’s engineers enable Spencer to act as lead contractor for construction, servicing and refurbishment work in all areas of insulation, surface and passive fire protection, scaffolding, HVAC, interior outfitting and maintenance. The engineering includes check of compliance with rules and regulations, measurements on board, architectural drawings and construction drawings MY VICTORY | FINCANTIERI for production and installation of interiors, outside areas and technical rooms. Complete outfitting and furnishing of the following areas: Technical rooms.

18 19 Year Owner-Ships Name Ship’s Name G.T. Shipyard Yard Job Type Scope of Work Sqm outfitted Complete outfitting and furnishing turn key 2021 C34 227.000 Saint Nazaire of the following areas: Cruiseships | References List new build PUBLIC STAIRS Complete outfitting and furnishing turn key 2021 6278 99.000 Marghera of the following areas: new build Year Owner-Ships Name Ship’s Name G.T. Shipyard Yard Job Type Scope of Work Sqm SPA AREA outfitted Complete outfitting and furnishing Complete outfitting and furnishing turn key of the following areas: of the following areas: 2020 6279 SILVER 40.000 Ancona new build SPA AREA, LIDO POOL, turn key AREA IX OPEN AREA, AFT POOL, 2021 6306 Monfalcone OPEN DECKS AND SPORT DECK new build UPPER AFT POOL, AREA XI VIP LOUNGE RESTAURANT, Complete outfitting and furnishing AREA XIV MAGRODOME, VIP OPEN FWD POOL 6275 turn key of the following areas: 2020 Monfalcone PRINCESS new build LIDO POOL, OPEN DECKS, SPORT DECK, Complete outfitting and furnishing turn key of the following areas: ADULT POOL RETREAT AND SANCTUARY 2021 S710 Papenburg new build LANAI, LIDO, AFT TERRACE, SUN, KIDS SUN & AFT TERRACE, SPORT Complete outfitting and furnishing 6273 turn key 2020 Marghera of the following areas: COSTA ASIA new build Complete outfitting and furnishing LANAI DECK, OPEN DECKS turn key of the following areas: 2021 L34 Saint Nazaire new build THEATRE, EMBARKATION, MAIN POOL, SOLARIUM

20 21 Year Owner-Ships Name Ship’s Name G.T. Shipyard Yard Job Type Scope of Work Sqm Year Owner-Ships Name Ship’s Name G.T. Shipyard Yard Job Type Scope of Work Sqm outfitted outfitted

Complete outfitting and furnishing Complete outfitting and furnishing turn key 6271 turn key 2020 6287 VIRGIN Sestri Ponente of the following areas: 2019 Monfalcone of the following areas: new build new build FAMILY POOL, OPEN DECKS LANAI DECK, OPEN DECKS

Complete outfitting and furnishing Complete outfitting and furnishing K34 turn key of the following areas: 6254 VIKING turn key of the following areas: 2020 Saint Nazaire 2019 47.000 Ancona 1200 CELEBRITY new build THEATRE, EMBARKATION, MAIN POOL, JUPITER new build HEALTH CENTER, SOLARIUM SPA AREA AND RETAIL WALKWAY Complete outfitting and furnishing Complete outfitting and furnishing turn key F34 MSC turn key 2020 H34 MSC 170.000 Saint Nazaire of the following areas: 4500 2019 170.000 Saint Nazaire of the following areas: 4500 new build BELLISSIMA new build PUBLIC STAIRS, AMUSEMENT PARK PUBLIC STAIRS, AMUSEMENT PARK Complete outfitting and furnishing Complete outfitting and furnishing turn key turn key 2019 G34 MSC 170.000 Saint Nazaire of the following areas: 4500 2019 NCL 708 164.600 Papenburg of the following areas: new build new build PUBLIC STAIRS, AMUSEMENT PARK OPEN DECKS AND SPORT DECK Complete outfitting and furnishing Complete outfitting and furnishing turn key of the following areas: of the following areas: 2019 Monfalcone 550 6272 Carnival turn key new build LIDO POOL, OPEN DECKS, SPORT DECK, 2019 135.000 Marghera THEATRE, LANAI PROMENADE, Panorama new build ADULT POOL RETREAT AND SANCTUARY AFT AND LIDO POOL, CLUBHOUSE, SERENITY

22 23 Year Owner-Ships Name Ship’s Name G.T. Shipyard Yard Job Type Scope of Work Sqm Year Owner-Ships Name Ship’s Name G.T. Shipyard Yard Job Type Scope of Work Sqm outfitted outfitted Complete outfitting and furnishing Complete outfitting and furnishing 6253 VIKING turn key of the following areas: turn key 2018 47.000 Ancona 1200 2018 AIDA 696 180.000 Papenburg of the following areas: ORION new build HEALTH CENTER, new build SPA AREA AND RETAIL WALKWAY OPEN DECKS Complete outfitting and furnishing 6244 NIEUW turn key Complete outfitting and furnishing 2018 99.000 Marghera of the following areas: 1560 NCL NORWEGIAN turn key STATENDAM new build 2018 164.600 Papenburg of the following areas: SPA AREA BLISS new build OPEN DECKS AND SPORT DECK Complete outfitting and furnishing Complete outfitting and furnishing J34 CELEBRITY of the following areas: 2018 Saint Nazaire of the following areas: EDGE 1 THEATRE, EMBARKATION, MAIN POOL, CARNIVAL turn key 2018 135.000 Marghera THEATRE, LANAI PROMENADE, 11500 SOLARIUM HORIZON new build AFT AND LIDO POOL, Complete outfitting and furnishing CLUBHOUSE, SERENITY SYMPHONY turn key 2018 227.000 Saint Nazaire of the following areas: 8800 OF THE SEAS new build Complete outfitting and furnishing PUBLIC STAIRS of the following areas: MSC turn key 2017 154.000 Monfalcone LOWER AFT POOL, UPPER AFT POOL, 10000 Complete outfitting and furnishing SEASIDE new build of the following areas: MAGRODOME, LOBBY VIP ENTRANCE, MSC turn key 2018 154.000 Monfalcone LOWER AFT POOL, UPPER AFT POOL, 10000 LOBBY VIP LOUNGE, VIP RESTAURANT SEAVIEW new build MAGRODOME, LOBBY VIP ENTRANCE, Complete outfitting and furnishing LOBBY VIP LOUNGE, VIP RESTAURANT 6246 turn key of the following areas: 2017 47.000 Ancona 1200 VIKING SUN new build HEALTH CENTER, SPA AREA AND RETAIL WALKWAY

24 25 Year Owner-Ships Name Ship’s Name G.T. Shipyard Yard Job Type Scope of Work Sqm Year Owner-Ships Name Ship’s Name G.T. Shipyard Yard Job Type Scope of Work Sqm outfitted outfitted Complete outfitting and furnishing Complete outfitting and furnishing MSC turn key HARMONY turn key 2017 170.000 Saint Nazaire of the following areas: 4500 2016 227.000 Saint Nazaire of the following areas: 8800 MERAVIGLIA new build OF THE SEAS new build PUBLIC STAIRS PUBLIC STAIRS Complete outfitting and furnishing Complete outfitting turn key MAJESTIC turn key of the following areas: 2015 KONINGSDAM 99.000 Marghera and furnishing of the following areas: 1560 2017 141.000 Monfalcone 5500 new build PRINCESS new build LIDO POOL, OPEN DECKS, SPORT DECK, SPA AREA ADULT POOL RETREAT AND SANCTUARY Complete outfitting and furnishing Complete outfitting and furnishing turn key of the following areas: turn key of the following areas: 2016 VISTA 135.000 Monfalcone 11500 2017 40.000 Sestri Ponente 3000 new build THEATRE, LANAI PROMENADE, new build SPA AREA, LIDO POOL, AFT AND LIDO POOL, CLUBHOUSE, SERENITY OPEN DECKS AND SPORT DECK Complete outfitting and furnishing Complete outfitting and furnishing turn key of the following areas: turn key of the following areas: 2015 VIKING STAR 47.000 Marghera 1200 2017 VIKING SKY 47.000 Ancona 1200 new build HEALTH CENTER, new build HEALTH CENTER, SPA AREA AND RETAIL WALKWAY SPA AREA AND RETAIL WALKWAY Complete outfitting and furnishing Complete outfitting and furnishing turn key of the following areas: turn key of the following areas: 2015 SAFFRON 7.200 Genova 950 2017 VIKING SEA 47.000 Ancona 1200 new build SPA AREA, HOSPITAL, new build HEALTH CENTER, ROYAL AND MINISTER DEDICATED DECK SPA AREA AND RETAIL WALKWAY

26 27 Year Owner-Ships Name Ship’s Name G.T. Shipyard Yard Job Type Scope of Work Sqm Year Owner-Ships Name Ship’s Name G.T. Shipyard Yard Job Type Scope of Work Sqm outfitted outfitted Complete outfitting and furnishing Complete outfitting turn key of the following areas: turn key and furnishing of the following areas: 2015 BRITANNIA 141.000 Monfalcone 8275 2012 RIVIERA 65.000 Sestri Ponente 3300 new build SPA AREA, LIDO POOL, new build SPA AREA, LIDO POOL, OPEN DECKS AND SPORT DECK OPEN DECKS AND SPORT DECK

Complete outfitting Complete outfitting turn key and furnishing of the following areas: turn key and furnishing of the following areas: 2014 DIADEMA 132.500 Marghera 11000 2011 MARINA 65.000 Sestri Ponente 3300 new build AFT POOL, MAGRODOME POOL, F1 SCUDERIA, new build SPA AREA, LIDO POOL, SPORT DECK, LANAI PROMENADE OPEN DECKS AND SPORT DECK

Complete outfitting Complete refurbishment REGAL turn key M/N VON 2014 141.000 Monfalcone and furnishing of the following areas: 8000 2011 12.000 Genova refitting of the following areas: PRINCESS new build HUMBOLDT LIDO POOL, OPEN DECKS AND SPORT DECK N 30 NEW CABINS Complete refurbishment Complete refurbishment of the following areas: 2008 SILVER WIND 16.800 Genova refitting of the following areas: 1300 2013 CASTORO 6 31.500 Genova refitting 2500 N 132 NEW CABINS, SPA AREA, OBSERVATION LOUNGE CORRIDORS AND STAIRCASES Complete outfitting turn key Complete outfitting 2004 FANTASY 75.000 Turku and furnishing of the following areas: 500 ROYAL turn key new build 2013 141.000 Monfalcone and furnishing of the following areas: 8000 TAX FREE MARKET PRINCESS new build LIDO POOL, OPEN DECKS AND SPORT DECK

28 29 Year Owner-Ships Name Ship’s Name G.T. Shipyard Yard Job Type Scope of Work Sqm Year Owner-Ships Name Ship’s Name G.T. Shipyard Yard Job Type Scope of Work Sqm outfitted outfitted Complete outfitting turn key Complete outfitting 2004 VALOR 110.000 Monfalcone and furnishing of the following areas: 1000 turn key and furnishing of the following areas: new build 2003 AURA 42.000 Wismar 7500 SUPPER CLUB new build MAIN STARS (AFT e FWD), RECEPTION, ATRIUM, MKT RESTAURANT, PUBLIC TOILETS Complete outfitting CARIBBEAN turn key 2004 113.000 Monfalcone and furnishing of the following areas: 650 PRINCESS new build Complete outfitting GYM AND FITNESS CLUB turn key and furnishing of the following areas: 2002 VITA 42.000 Wismar 7500 Complete refurbishment of the following new build MAIN STARS (AFT e FWD), RECEPTION, GRAND 2003 22.000 Genova refitting areas: RESTAURANT, RENDEZ-VOUS BAR, 2000 ATRIUM, MKT RESTAURANT, PUBLIC TOILETS LATINO ADMIRAL LOUNGE, SHOW LOUNGE Complete outfitting turn key Complete outfitting 2002 CONQUEST 110.000 Monfalcone and furnishing of the following areas: 1000 new build MARINER turn key and furnishing of the following areas: SUPPER CLUB 2003 138.000 Turku 3900 OF THE SEAS new build BUSINESS, CONCIERGE, LIBRARY, LIFT LOB- BIES, PUBLIC TOILETS, PROMENADE SHOPS Complete outfitting and furnishing of the following areas: NAVIGATOR turn key Complete outfitting 2002 138.000 Turku BUSINESS, CONCIERGE, LIBRARY, 3900 turn key OF THE SEAS new build 2003 GLORY 110.000 Monfalcone and furnishing of the following areas: 1000 LIFT LOBBIES, new build SUPPER CLUB PUBLIC TOILETS, PROMENADE SHOPS

30 31 Year Owner-Ships Name Ship’s Name G.T. Shipyard Yard Job Type Scope of Work Sqm outfitted RINA | Certificate Complete outfitting and furnishing of the following areas: ADVENTURE turn key 2001 138.000 Turku BUSINESS, CONCIERGE, LIBRARY, 3800 OF THE SEAS new build LIFT LOBBIES, PUBLIC TOILETS, PORTOFINO RESTAURANT Complete outfitting EXPLORER OF turn key and furnishing of the following areas: 2000 138.000 Turku 3200 THE SEAS new build BUSINESS, CONCIERGE LOUNGE LIBRARY, LIFT LOBBIES, PUBLIC TOILETS, BALUSTRADES Complete outfitting VOYAGER turn key and furnishing of the following areas: 1999 138.000 Turku 3200 OF THE SEAS new build BUSINESS, CONCIERGE LOUNGE LIBRARY, LIFT LOBBIES, PUBLIC TOILETS, BALUSTRADES

32 33 Our Clients recognitions

34 35 Headquarter: Genoa (Italy) - Via Cecchi, 23 | 16129 | +39. 010. 53 168 1 | Fax +39. 010. 53 168 28

Registered Office: Milan (Italy) - Via Massena, 12 | 20145

Logistic: Montoggio (Italy) - Località Pratogrande 15 - 16026 Montoggio (Genoa)

Business Unit: Peseggia di Scorzè (Venezia - Italy) - Via Nuova Moglianese, 1 | 30037 | +39. 041. 877 17 44 Engineering: Trieste (Italy) - Via Di Tor Bandena, 1 | 34121 | +39. 040. 996 15 62 Engineering: Sandrigo (Vicenza - Italy) - Viale Della Repubblica, 27 | 36066 | +39. 0444. 65 71 00

Business Unit: Trignac (France) - 5 Av. Barbara 2éme Etage | Z.A.C. de Grandchamps | 44570

Business Unit: Am Deverhafen, 4 ( Halle 90) | 26871 Papenburg (Deutschland)

2019 | 01 High Quality Interiors

Spencer Contract S.p.A. | VAT number 03740930106 spencercontract.it | [email protected]