Société d'Exploitation de Fortitude SA

The purchase, construction, sale, equipment, loading, chartering and operation of ships abroad, in particular in the field of offshore construction. The company may acquire financial or other interests in all companies engaged in similar or related activities and make all investments. It may finally carry out all operations that are directly or indirectly related to its purpose. The company may carry out all financial transactions and provide all guarantees, mainly in favor of the Allseas Group companies. The company is entitled to grant loans to its direct or indirect shareholders, to other companies of its shareholders as well as to its own subsidiaries, to conclude cash pooling contracts (centralized treasury management) with them and to provide guarantees of any kind for their debts to third parties.