Yinson Annual Report 2023

69 VALUE CREATION MODEL RO provides support services to offshore assets CLIENTS AND NATURE OF RELATIONSHIP Offshore oil & gas companies, offshore wind operators and offshore marine operators. We maintain a small client base, with the quality of the relationship dependent on our operational service achievements. REVENUE MODEL Fixed charter rates based on contracts. CLIENT VALUE PROPOSITION Provision of support services to offshore production assets such as crew transfer, provision of supplies and maintenance services. KEY COSTS Salaries, upkeep of assets. KEY ACTIVITIES • Preparation of and participation in bids. • Performing support services for offshore assets. KEY PARTNERSHIPS Shipyards, regulators, crewing agencies. RO VALUE CREATION AT YINSON YGT provides clean, technology-based products and services for transport ecosystems across land and sea CLIENTS AND NATURE OF RELATIONSHIP • Businesses looking to decarbonise their fleet operations, both land and sea. • Individuals and communities who wish to transition to electric mobility/ transportation. We maintain a large customer base, with the quality of the relationship dependent on our ability to help our clients transition to net zero. REVENUE MODEL • Lease and operation of electric vehicle and vessel fleets. • Subscription-based and pay-per-use for charging infrastructure. • Licensing-based white-labelled software solutions. CLIENT VALUE PROPOSITION Provision of accessible and affordable, environmentally friendly, easy-to-use, technologically enhanced and integrated, zero carbon ecosystem of products and services across land and marine transport. KEY COSTS Purchase, deployment, integration and upkeep of assets and infrastructure, R&D of new technologies, insurance and administration, salaries, interest payments, investments into strategic technology companies. KEY ACTIVITIES • Accelerating the adoption and adaptation of electric vehicles and vessels. • Supporting commercial and industrial customers in meeting their own net zero ambitions. • Providing a digital platform for prototyping innovations and commercialisation of integrated technologies. • Investing in green tech companies and operating them where applicable. KEY PARTNERSHIPS Governments, research institutions, marine and mobility supply chains, industry peers. YGT

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