Dear Sirs,

APPLICATIONS FOR RECOGNITION PURSUANT TO PART 11 AND THE THIRD SCHEDULE OF THE INSOLVENCY, RESTRUCTURING AND DISSOLUTION ACT 2018

HC/OA 344/2025 – RE SAPURA DANA SPV PTE LTD

HC/OA 345/2025 – RE SAPURA FABRICATION SDN. BHD.

HC/OA 347/2025 – RE SAPURA ENERGY BERHAD

HC/OA 348/2025 – RE SAPURA OFFSHORE SDN. BHD.

HC/OA 349/2025 – RE SAPURA 1200 LTD

NOTIFICATION NO. 2

1. We refer to our earlier Notification No.1 dated 14 April 2025. Defined terms used in this Notification are those of Notification No.1.

2. Please note that on 7 May 2025, the Recognition Applications were granted by the General Division of the High Court of Singapore. Accordingly, and with effect from 7 May 2025:

2. 1. the Scheme Proceedings in respect of the Sapura Entities have been recognised by the General Division of the High Court of Singapore and in Singapore as foreign main proceedings within the meaning of the SG Model Law;

2. 2. Mr Chew Seng Heng and Mr Ganesh a/l Gunaratnam have been recognised by the General Division of the High Court of Singapore as the Foreign Representatives of the Sapura Entities in respect of the Scheme;

2. 3. Subject to paragraph (d) below, except with the consent of the Foreign Representatives or with leave of the General Division of the High Court of Singapore Court (subject to such terms as it may impose):

1. 1. 1. commencement or continuation of individual actions or individual proceedings in Singapore concerning the Sapura Entities’ property, rights, obligations, or liabilities is hereby stayed;

1. 1. 2. execution against the Sapura Entities’ property in Singapore is hereby stayed; and

1. 1. 3. the right to transfer, encumber or otherwise dispose of any property of the Sapura Entities in Singapore is hereby suspended.

2. 4. The stay and suspension mentioned in paragraph (c) above is:

1. 1. 1. the same in scope and effect as if the Sapura Entities had been made the subject of winding up order(s) under the Insolvency, Restructuring and Dissolution Act 2018; and

1. 1. 2. subject to the same powers of the General Division of the High Court of Singapore and the same prohibitions, limitations, exceptions and conditions as would apply under the laws of Singapore in such a case.

2. 5. Where any vessels owned by Sapura Dana SPV Pte Ltd or Sapura 1200 Ltd may be entering Singapore, Sapura Dana SPV Pte Ltd and/or Sapura 1200 Ltd (as the case may be) are to write to the General Division of the High Court of Singapore by letter giving the details of the vessel and the date of entry into and departure from Singapore, at least 24 hours before. In addition, an advertisement is to be taken out by Sapura Dana SPV Pte Ltd and/or Sapura 1200 Ltd (as the case may be) at least 24 hours before such entry, indicating the protection against arrest of the named vessel, and such advertisement is thereafter to be sent to the General Division of the High Court of Singapore by letter as soon as possible. In the case of the vessel known as the “Sapura 2000″, Sapura Dana SPV Pte Ltd is to take out an advertisement with the above­mentioned details as soon as possible, a copy of which advertisement is thereafter also to be sent to the General Division of the High Court of Singapore by letter as soon as possible.

2. 6. The Scheme of the Sapura Entities which has been approved and sanctioned vide. the Sanction Order is hereby recognised and enforced in Singapore as a foreign order.

2. 7. The Sapura Entities are to apply to the General Division of the High Court of Singapore to lift the effect of paragraphs (c) to (e) above within seven business days of the Restructuring Effective Date or the Longstop Date (as defined in the Annexure A of the Sanction Order), whichever is earlier.

2. 8. The Foreign Representatives, the Sapura Entities, any person claiming to be a creditor of the Sapura Entities, and any person whose interest may be affected by this order has liberty to apply for directions in relation to its interpretation or implementation.

3. Creditors and other interested parties should continue to refer to the Sapura Creditors Microsite page, where we will keep you updated on material events and any further directions from the Singapore High Court.