About V.Group

A presentation about Who We Are And What We Do

1. Who We Are And What We Do
115th November 2010

2. Yesterday, Today and Tomorrow
V.SHIPS WAS &
Founded in 1984 as a ship manager providing ship owners
with a limited range of services.
V.GROUP HAS EVOLVED &
To become the world s largest ship manager and a major
provider of a wide range of support services including:
ØTechnical management and support to 1,000+ vessels
ØPersonnel recruitment, management and training
ØMarine Services and Technical support
ØCommercial and financial services
V.GROUP WILL &
Continue to develop its core businesses, excelling in
outsourced support services to help clients ensure
compliance, control costs and focus on their core
businesses.
2
15th November 2010

3. Key Milestones
1984Formation of V.Ships 2002AMA/Clancey acquired
1986Sale of 50% to management 2003CBPE acquires 50% of V.Ships (V.Holdings)
1994GE Capital acquires 20% 2004Fraser Yachts acquired
AL Ships JV with KGAL
1998Celtic Marine acquired 2005Martinoli acquired
Shipping Invest JV with CS & Partners
1999VSL Shipbroking acquired 2006UMC acquired
CISM JV with China Shipping
2000SSM & BGI acquired 2007Exponent acquires 50% of V.Holdings
V.Holdings (re-brands as V.Group)
RCC acquired
2001Acomarit acquired 2008
2009
2010
V.Groupreorganisation
Formation of V.Ships Offshore
Acquisition of ITM
Acquisition of MUM
3
15th November 2010

4. Group Values
SAFE
OPERATION
We do not take unacceptable risks. Risk
management is key. Compliance is instinctive.
PERSONALISED
SERVICE
Our clients can count on us to deliver
customised service built on strong relationships
that add value.
PROFITABILITY
We are committed to attractive returns for
stakeholders and sharing Group success with
staff.
TEAMWORK
We endeavour to work as one team towards a
common set of clearly defined objectives.
EMPOWERMENT
We believe that decisions should be taken at the
lowest level practicable.
TRANSPARENCY
We run an open-book approach to dealing with
clients and other key stakeholders.
INTEGRITY
We believe in acting honestly and
professionally.
RESPECT
We believe that mutual respect between key
stakeholders forms the foundation for honest
relationships.
4
15th November 2010

5. Key Metrics
$US198M NET INCOME IN 2009
70+ OFFICE LOCATIONS
1,800 OFFICE STAFF
24,000+ CONTRACT STAFF
300+ MAIN CLIENTS
SERVICES FOR 1,000+ SHIPS OF ALL TYPES
5
15th November 2010

6. Shareholding
50%
Ø150+ Senior Managers
ØEmployees via Share Purchase Plan & &
50%
ØExponent Private Equity
EMPLOYEE
BENEFIT
TRUST
Through the EBT
incentive
programme, shore-
based employees
are able to share in
the group s
financial success.
6
15th November 2010

7. V.GroupStructure
V.Group
Corporate
Services &
Functions
V.Ships
Marine
Ship
Management
Manpower
Services
Leisure
Marine
Services
Division
Technical
Cluster
Other Marine
Services
RC
Consultants
V.Ships
Capital
Partners
7
15th November 2010

8. V.GroupMain Board
8
15th November 2010
David Hoare-
Non Executive
Chairman
Clive
Richardson-
Group CEO
Roberto Giorgi-
President
V.Ships
Patrick
Rosselet-Group
CFO
Tom Sweet
Escott-Non
Executive
Director
Chris Graham-
Non Executive
Director
Roberto
Martinoli-Non
Executive
Director

9. Group Executive
Clive
Richardson-
Group CEO*
Roberto Giorgi-
President
V.Ships*
Bob Bishop-
CEO Ship
Management
Matt Dunlop-
COO Ship
Management
Keith Parsons-
Director
Lawrie
Campbell-CEO
Manpower
Lorenzo
Malvarosa-
Chairman
Leisure
Andrea Zito-
CEO Leisure
Elliot Gow-
COO Marine
Martin Stafford-
CEO MSD
Terje
Pedersen-MD
RC Consultants
Phil Cowan-
Managing
Partner VSCP
Patrick
Rosselet-CFO*
Tim Haysom-
Deputy CFO
Simon Pressly-
CIO
Keith Parsons-
Group HR
Director
Faye Carson-
HR Director
(shore )
Manish Singh-
Group Bus Dvt
Director Asia
9
15th November 2010
* Denotes Main Board Member

10. V.Group Brands
SHIP MANAGEMENT &
MANPOWER SERVICES
MARINE SERVICES CAPITAL SERVICES
PRIMARY
BRAND
RELATED
BRANDS
V.Ships Leisure
V.Manpower
V.Delta
V.Ships Catering
V.Hospitality
Fraser Yachts
V.Ships Offshore
Baltic Group International
ITM
V.Ships Marine Travel V.Ships
Agency
V.Ships Insurance
Marlins
MARCAS
SeaTec Engineering
SeaCom Electronics
V.Ships Logistics
The Adjusting Group
UMC
RC Consultants
AL Ships
10
15th November 2010

11. Global Network
V.Group snetwork encompasses principal ship management,
manpower recruitment, ship finance and offshore centres worldwide.
11
15th November 2010

12. V.Ships Marine
Service Portfolio
ØV.Ships Marine contains the three V.Ships Divisions;
Ship Management Division, V.Ships Leisure and
Manpower Services Division. V.Ships Marine
business unit ensures coordination of strategy,
planning and operational action across the three
divisions.
Office Network
ØV.Ships Marine is based in Monaco but its network
extends to all of the Divisional office locations.
Executive Team
ØRoberto Giorgi
ØElliot Gow
12
15th November 2010

13. Ship Management Division
Service Portfolio
ØV.Ships is the world s largest ship manager providing
technical and crewing services to more than 1,000
ships from the largest oil tankers and containerships
to specialised offshore vessels.
Client Base
ØShip owners/operators of all vessel types
Office Network
ØShip management offices in Argentina, US,Cyprus,
France, Dubai, Germany, Greece, Istanbul,
Monaco, Miami, Canada, Norway, Brazil,
Singapore, UK
Executive Team
ØBob Bishop
ØMatt Dunlop
13
15th November 2010

14. V.Ships Leisure
Service Portfolio
ØV.Ships Leisure is the only passenger ship service
provider combining integrated deck and engine
management with hotel services. Its service portfolio
also includes cruise ship conversion and refurbishment
project management.
Client Base
ØCruise ships
ØConventional & fast ferries
ØSuper yachts
ØNew market entrant investors
ØShip yards
Office Network
ØMonaco, Miami, Singapore, Southampton
Executive Team
ØLorenzo Malvarosa
ØAndrea Zito
14
15th November 2010

15. Manpower Services
Service Portfolio
ØManpower Services is the largest supplier of marine
personnel globally with over 24,000 either ashore or at sea
and provides manpower solutions for a wide range of
marine operations.
Client Base
ØOwners/operators of all vessels managed by V.Group
ØThird party owners/operators
ØShip yards
Office Network
ØOver 30 recruitment offices worldwide, positioned in key
marine and energy manpower supply locations managed by
six regional directors.
Executive Team
ØKeith Parsons
ØLawrie Campbell
ØRajesh Tandon
ØAndy Cook
15
15th November 2010

16. Marine Services
Service Portfolio
ØMarine Services has a broad-based portfolio. It
includes professional engineering services for the
offshore industry, naval architecture and new
building project management, technical consulting,
agency services, maintenance and repair, logistics,
training, insurance, bridge communications and
underwater repair.
Client Base
ØShip owners/operators of all vessel types
ØShip yards
ØOther users of marine services
ØOil and gas majors, offshore/onshore project
developers and contractors
Office Network
ØDubai, Fujairah, Glasgow, Ipswich, London,
Shanghai, Singapore, Southampton
Executive Team
ØMartin Stafford
16
15th November 2010

17. Marine Services Portfolio
V.Ships Logistics
ØMoves ships spare parts and supplies
worldwide
SeaCom Electronics
ØSolutions for sea-to-shore communications
SeaTec Engineering
ØEngineering and naval architecture,
maintenance and repair
UMC
ØUnderwater inspection, maintenance, repair
Training
ØSeaTecSafety/Marlins risk management
consulting and safety compliance
MARCAS
ØMarine supplies procurement club-uses
economies of scale to secure contracts at
considerable savings for members
V.Ships Agency
ØFull range of worldwide agency services
V.Ships Marine Travel
Ø24/7 travel service moving 66,000 people globally
each year, IATA-licensed
V.Ships Insurance
ØWide range of competitive products
The Adjusting Group
ØSecond-largest marine average adjusters
To ensure responsiveness and consistency, each of
these services is run by a dedicated managing
director.
17
15th November 2010

18. RC Consultants
Service Portfolio
ØProject engineering and consultancy supply services to the
offshore oil and gas industryin Norway
Client Base
ØEnergy exploration & production companies
ØContractors
Office Network
ØStavanger
ØDrammen
Executive Team
ØTerje Pedersen
18
15th November 2010

19. Capital Services
Service Portfolio
ØCapital Services provides a broad spectrum of commercial
and financial services including sale and leaseback through
operating and bareboat leases, competitive chartering, sale
and purchase broking, bunkering, post fixture services and
M&A advisory.
Key Strategic Partners
ØAL Ships with KGAL
ØGMF
ØICBCL
Client Base
ØShip owners, charterers
Office Network
ØLondon, Hamburg, Singapore
Executive Team
ØPhil Cowan
ØJesper Clausen
ØDan Jespersen
ØDeclan Brown
ØGeorge Latawiec
19
15th November 2010

20. Thank You!
20
15th November 2010