COMPANY NAME : DAYA MATERIALS BERHAD

STOCK NAME : DAYA

STOCK CODE : 0091

Subject:

CHARTER PARTY CONTRACT WITH ALLSEAS UK LTD

INTRODUCTION

The Board of Directors of Daya Materials Berhad (DMB) is pleased to announce that its
subsidiary, Daya Offshore Construction Sdn. Bhd. (DOC) (formerly known as SD Equipment
Sdn. Bhd.), had on 14 October 2013 entered into a Charter Party Contract (the Contract) with
Allseas UK Ltd in relation to the appointment of DOC as a contractor for the provision of
offshore walk to work subsea construction vessel, i.e. Siem Daya 1, together with a range of
offshore services for the United Kingdom North Sea Region (the Charter).

DELIVERY TERM AND VALUE

The Charter is for a period of 20 to 30 days which may include a 1 x 5 day optional period and 5
x 1 day optional periods starting in October 2013.

The estimate value of the Charter ranges from RM7.8 million to RM11.8 million.

INFORMATION ON DOC

DOC was incorporated in Malaysia under the Companies Act, 1965 on 5 May 2004 as a private
limited company under the name of Resilient Power Sdn. Bhd. DOC changed its name to SD
Equipment Sdn. Bhd. on 9 July 2004 and assumed its current name on 8 March 2013. The
authorised share capital of DOC is RM5,000,000 divided into 5,000,000 ordinary shares of
RM1.00 each, all of which are issued and fully paid up.

DOC provides specialized subsea construction, installation, engineering, inspection repair and
maintenance services that involve complex engineering to the offshore energy industry
worldwide. It operates a fleet of vessels in a safe, efficient and effective manner, coupled with
technically advanced equipment, survey systems, Remotely Operated Vehicles (ROVs) and
modulated diving systems (MHS) complimented by a fully integrated in-house engineering
and project management capability. DOC has the capability to respond quickly to its clients
needs by leveraging the full strength of its global network of service partners.

This global network is important to DOC in being able to provide a complete service that meets
the most demanding requirements of its clients. In fact, it is something that the business is
continually looking to expand, progressing towards operating future offices in Norway, the UK,
West Africa, the Gulf of Mexico and South America, as well as having affiliate locations
worldwide that offer a wide range of subsea services.
INFORMATION ON ALLSEAS UK LTD

Allseas UK Ltd is a key unit of the Swiss-based Allseas Group. The group was founded in 1985
and is a global leader in offshore pipeline installation and subsea construction. It employs over
2,300 people worldwide and operates a versatile fleet of specialised pipelay and support vessels,
designed and developed in-house.

PROSPECT AND RISK FACTORS INVOLVED

As with any offshore oil & gas projects, the Charter carries operational, technical, execution,
contractual and financial risks. The success of the Charter is predicated on the quality of the
vessel and the competence and execution capabilities of DOCs management, engineering and
project teams. To this end, DOC has invested heavily in the identification and charter of the
vessel, designed and built to Norwegian specifications, which it believes to be well suited for a
project of this nature. DOC has further developed an in-house team of subsea experts and
offshore engineers who have extensive experience and the relevant competence to execute such a
project. The Board has identified the offshore construction and subsea installation sector as one
of the key areas of growth for the DMB group of companies (DMB Group) over the next few
years. The success of the Charter will further strengthen DOCs position as a prominent solution
provider not only in Malaysia, but globally.

FINANCIAL EFFECTS

The Contract and the successful implementation of the Charter is expected to contribute
positively towards DMB Groups earnings and net assets for the period of the Charter.

APPROVAL OF THE SHAREHOLDERS AND RELEVANT GOVERNMENT

AUTHORITIES

The Contract is not subject to the approval of the shareholders and relevant government
authorities.

DIRECTORS AND MAJOR SHAREHOLDERS INTEREST

None of the Directors or major shareholders or persons connected to the Directors or major
shareholders has any direct or indirect interest in the Contract.

This announcement is dated 16 October 2013.