Announcement Title Change - Announcement of Cessation
Announcement Subtitle Cessation of Executive Vice President, Mermaid Subsea Services
Date & Time of Broadcast Aug 8, 2016 23:03
Submitted By Ms. Rujiraporn Hengtrakool
Manager, Legal & Corporate Affairs Dept.
Description Cessation of Mr. Paul Burger Whiley, Executive Vice President, Mermaid Subsea Services
Cessation Details
Name of person Paul Burger Whiley
Age 48
Is effective date of cessation known? Yes
Effective date for cessation Aug 8, 2016
Detailed reason(s) for cessation Resignation to pursue personal and other professional interests.
Are there any unresolved differences in opinion on material matters between the person and the board of directors, including matters which would have a material impact on the group or its financial reporting? No
Is there any matter in relation to the cessation that needs to be brought to the attention of the shareholders of the listed issuer? No
Any other relevant information to be provided to shareholders of the listed issuer? Yes
If yes, please provide full details The Company acknowledges Mr. Paul Burger Whiley as one of the co-founders of Mermaid Subsea Services (International) Ltd., formerly known as Subtech Ltd., which was incorporated in 2008 and acquired by the Company in 2010. He was subsequently appointed head of the Company's subsea group in August 2012. During this time, he contributed to the stability and growth of the subsea group as a whole.
Date of appointment to current position Aug 24, 2012
Does the AC have a minimum of 3 members (taking into account this cessation)? Yes
Number of independent directors currently resident in Singapore (taking this account this cessation) 2
Number of cessations of appointments specified in Listing Rule 704(7) or Catalist Rule 704(6) over the past 12 months 6
Job Title Executive Vice President, Mermaid Subsea Services
Role and responsibilities To manage and oversee the subsea services business of the Company.
Familial relationship with any director and/or substantial shareholder of the listed issuer or of any of its principal subsidaries Nil.
Shareholdings interest in the listed issuer and its subsidaries? Yes
Shareholding Details 3,200 ordinary shares in Mermaid Maritime Public Company Limited
Other directorships
Past (for the last 5 years) Nil.
Present Mr. Whiley is also a director of the following subsidiary and associate entities of the Company:

Mermaid Subsea Services (International) Ltd.;
Mermaid Subsea Services LLC;
Mermaid Subsea Services (Saudi Arabia) Co. Ltd.; and
Zamil Mermaid Offshore Services Company LLC

Prior to or upon his cessation, Mr. Whiley will resign from his directorship of these subsidiary and associate companies.