Memorandum of Understanding/Agreements

SEAMEC LIMITED A member of MMG MMK,llJ,,.WAJ..GROUP Regd. Office: A-901-905, 9th Floor, 215 Atrium, Andheri Kurla Road, Andheri (East), Mumbai 400 093, India Tel.: +91-22-6694 1800 • Fax: +91-22-6694 1818 • E-mail: contact@seamec.in • CIN: L63032MH1986PLC154910 SEAMEC/BSE&NSE/SMO/MOAFORPURCHASEOFSEAMECANANT/2107/2026 July 21, 2026 Corporate Relations Department The Manager Listing Department BSE Limited National Stock Exchange of India Limited Phirojee Jeejeebhoy Towers, Exchange Plaza, Plot No. C/1, G Block, Dalal Street, Bandra-Kurla Complex, Bandra (East) Mumbai – 400001 Mumbai - 400051 Scrip Code: 526807 Trading Symbol: SEAMECLTD Sub: Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 Dear Sir / Madam, This is to inform you that the Company and HAL Offshore Limited (HAL) have entered into a Memorandum of Agreement (MOA) dated July 21, 2026, pursuant to which, the Vessel SEAMEC ANANT (IMO No.: 9412206) will be purchased by the Company from HAL, for a consideration of USD 70 million United States Dollars Seventy Million Only). All regulatory compliances in this respect have since been made. The delivery of the Vessel will be around August 31, 2026, subject to completion of required formalities. This is a related party transaction, which has already been intimated to the Exchange. The above purchase is considered in the normal course of business. Pursuant to Clause 5 of Para B of Part A of Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI circular dated January 30, 2026, we enclose herewith the requisite details in the prescribed Annexure. Date and time of intimation of signing of MOA : July 21, 2026 at 18:21 hours. We request you to kindly take the above on your records. Thanking you, Yours Faithfully, For SEAMEC LIMITED S.N. Mohanty President – Corporate Affairs, Legal and Company Secretary Please visit us at: www.seamec.in CONTRACTOR MEMBER t@ IMCA ~ MGMT. SYS. MGMISYS International Marine Contractors Association CerIS tO ifi e90 d0 1 b: y2 0 I1 R5 Q S Av AC□ II CeI rS tO if i1 e4 d0 0 b1: y 2 0 IR15 Q S Av AC□ )I Ce1S rtO if4 ie5 d0 0 b1 y" I0 R18 Q S OHSMS 007 SEAMEC LIMITED A member of MMG MMK,llJ,,.WAJ..GROUP Regd. Office: A-901-905, 9th Floor, 215 Atrium, Andheri Kurla Road, Andheri (East), Mumbai 400 093, India Tel.: +91-22-6694 1800 • Fax: +91-22-6694 1818 • E-mail: contact@seamec.in • CIN: L63032MH1986PLC154910 ANNEXURE Sr. Description Remarks a) Name(s) of parties with whom the agreement is entered M/s HAL Offshore Limited b) Purpose of entering into the agreement/ Memorandum of Acquisition of the Vessel Agreement SEAMEC ANANT by the Company from HAL Offshore Limited, Holding Company, for a price of USD 70 million. Delivery will be around August 31, 2026. c) Size of Agreement/ Memorandum of Agreement Purchase Price of the Vessel will be: USD 70,000,000 as per MOA dated 21.07.2026 d) Shareholding, if any, in the entity with whom the agreement is NA executed; e) Significant terms of the agreement (in brief) special rights like right NA to appoint directors, first right to share subscription in case of issuance of shares, right to restrict any change in capital structure etc’ f) Whether, the said parties are related to Promoter / Promoter Group YES / Group companies in any manner. If yes, nature of relationship. HAL Offshore Limited is the Holding Company of SEAMEC LIMITED g) Whether the transaction would fall within Related Party YES Transactions? If yes, whether the same is done at “arm’s length” Transaction is at arm’s length and in the normal course of business. h) In case of issuance of shares to the parties, details of issue price, NA class of shares issued i) In case of loan agreements, details of lender/ borrower, nature of NA the loan, total amount of loan granted / taken, total amount outstanding, date of execution of the loan agreement/sanction letter, details of the security provided to the lender / by the borrowers for such loan or in case outstanding loans lent to a party or borrowed from a party become material on a cumulative basis j) Any other disclosures related to such agreements, viz, details of NA nominee on the board of directors of the listed entity, potential conflict of interest arising out of such agreement, etc; k) In case of termination or amendment of agreement, listed entity NA Please visit us at: www.seamec.in CONTRACTOR MEMBER t@ IMCA ~ MGMT. SYS. MGMISYS International Marine Contractors Association CerIS tO ifi e90 d0 1 b: y2 0 I1 R5 Q S Av AC□ II CeI rS tO if i1 e4 d0 0 b1: y 2 0 IR15 Q S Av AC□ )I Ce1S rtO if4 ie5 d0 0 b1 y" I0 R18 Q S OHSMS 007 SEAMEC LIMITED A member of MMG MMK,llJ,,.WAJ..GROUP Regd. Office: A-901-905, 9th Floor, 215 Atrium, Andheri Kurla Road, Andheri (East), Mumbai 400 093, India Tel.: +91-22-6694 1800 • Fax: +91-22-6694 1818 • E-mail: contact@seamec.in • CIN: L63032MH1986PLC154910 shall disclose additional details to the Stock Exchange(S): i) Name of the parties to the agreement; ii) Nature of the agreement; iii) Date of execution of the agreement; iv) Details of amendment and impact thereof or reasons of termination and impact thereof; Please visit us at: www.seamec.in CONTRACTOR MEMBER t@ IMCA ~ MGMT. SYS. MGMISYS International Marine Contractors Association CerIS tO ifi e90 d0 1 b: y2 0 I1 R5 Q S Av AC□ II CeI rS tO if i1 e4 d0 0 b1: y 2 0 IR15 Q S Av AC□ )I Ce1S rtO if4 ie5 d0 0 b1 y" I0 R18 Q S OHSMS 007