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EXMAR : Presentation General Meeting 2022
June 27, 2022 at 05:46 am IST
General Meeting - May 17, 2022
GENERAL MEETING EXMAR
May 17, 2022
General Meeting - May 17, 2022
Speakers
Nicolas Saverys
Francis Mottrie
Christine Verhaert
Emma Scheiris
Executive Chairman
Chief Executive Officer
Chief Financial Officer
Head of Corporate HSEQ
at EXMAR Ship Management
2
© EXMAR. All rights reserved
General Meeting - May 17, 2022
Agenda
01 EXMAR highlights
02 Infrastructure
03 Shipping
04 Financials
05 Corporate & strategic focus
3
© EXMAR. All rights reserved
EXMAR highlights
Ready for the challenges of tomorrow's world
BUSINESS
• Contract signed with GASUNIE for 5-year charter FSRU S188 (2022)
• Firm ongoing discussions regarding employment TANGO FLNG
• Recognition of USD 56.8 million termination fee for the FSRU S188 charter agreement
• Sale of LPG vessels TEMSE, TOURAINE & BRUSSELS
• Delivery of 3rd and award of 4th OPTI® hull design
LIQUIDITY
• New 3-year credit facility of USD 50 million
• Extension existing EUR 18 million credit facility and increase up to EUR 30 million upon
employment of one of the barges
• Repurchase NOK 137 million (USD 15 million) of the NOK bond maturing in May 2022
INDUSTRY LEADER
• Delivery of the first LPG dual fuel VLGCs (FLANDERS INNOVATION and FLANDERS PIONEER)
• Pioneered floating regas, world's first FLNG barge and LPG as fuel
IMPROVED
• Receipt monthly contractual payment termination fees YPF
CASH POSITION
• Receipt early termination fee Gunvor for the FSRU S188
• Charter income 2 new VLGC's
ENVIRONMENTAL,
• EXMAR pursuing various C02 transport projects required to support
SOCIAL & GOVERNANCE
• CCS projects to optimize logistics
• MoU signed with NUTRIEN to build and operate ammonia fuelled vessels
• Embedding ESG in EXMAR's DNA
• Contract GASUNIE complies with their high environmental standards
EXMAR in short
Listed on Euronext Brussels (EXM.BB)
Evolution from shipbuilder (1829) to shipowner and infrastructure provider
Fully integrated provider of gas transportation and transformation solutions
Fleet of 37 floating assets
1,615 seafarers and 234 shore-based staff
18 offices / branches, 43 nationalities
Exmar is ideally placed to
capitalize on increased global
"energy transition" opportunities
4
© EXMAR. All rights reserved
General Meeting - May 17, 2022
EXMAR assets and services
Integrated provider of gas transportation and transformation solutions
INFRASTRUCTURE
Assets
1 FLNG
1 FSRU
2 accommodation
(barge-based)
(barge-based)
barges
Achievements
• Pioneer in FSRU (2005) and STS Transfer (2006)
• Developed OPTI and FAST technology
• Pioneer in FLNG (2016)
• Over 100 engineers with expertise in gas / floating activities,
located in Antwerp, Paris & Houston
© EXMAR. All rights reserved
5
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Exmar NV published this content on 28 June 2022 and is solely responsible for the information contained therein. Distributed by Public , unedited and unaltered, on 27 June 2022 00:15:33 UTC .
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Duration Auto. 2 months 3 months 6 months 9 months 1 year 2 years 5 years 10 years Max.
Period Day Week
More charts
EXMAR NV specializes in liquefied gas transportation. Net sales break down by activity as follows:
- offshore services (76.2%): design, engineering, construction and management of facilities for oil and gas processing, storing, and transshipment;
- transportation of liquefied gases (10.8%): primarily liquefied petroleum gases (butane, propane, etc.), and anhydrous ammonia;
- other (13%): technical ship management, insurance brokerage, etc.
More about the company
Mean consensus
UNDERPERFORM
Last Close Price
8.187
USD
Average target price
9.944
USD
Spread / Average Target
+21.46%
Consensus
1st Jan change
Capi.
0.00% 471M +26.73% 9.2B +23.39% 5.51B +19.08% 3.61B +23.50% 2.76B +33.21% 2.47B +7.40% 1.97B +18.55% 1.88B -2.19% 1.74B -8.47% 1.43B
Sea-Borne Tankers
+951% of historical performance
More than 20 years at your side
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