Swiber Holdings Limited

12 International Business Park, Swiber@IBP #01-05, Singapore 609920

(Judicial Managers Appointed)

Tel: +65 6505 0800 Fax: +65 6505 0802

Co. Reg. No. 200414721N

www.swiber.com

JUDICIAL MANAGEMENT ANNOUNCEMENT

  1. The Board of Directors (the "Board") of Swiber Holdings Limited (Judicial Managers Appointed) (the "Company") refers to its previous announcement dated 15 June 2021 regarding the applications taken out by the Judicial Managers of the Company and its subsidiary, Swiber Offshore Construction Pte. Ltd. ("SOC"), for the extension of the judicial management periods in respect of the Company and SOC (the "Extension Applications").
  2. The Board wishes to announce that, on 29 June 2021, the Singapore High Court granted the Extension Applications and extended the judicial management periods of the Company and SOC to 30 December 2021.
  3. The Board and the Judicial Managers will provide further updates on the progress of the judicial management in due course.

By Order of the Judicial Managers

Bob Yap Cheng Ghee

Joint and Several Judicial Manager

29 June 2021

By Order of the Board

Raymond Kim Goh

Chairman

29 June 2021

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Swiber Holdings Limited published this content on 29 June 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 29 June 2021 09:40:57 UTC.