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GMS Announces New Contract Award for its Large-class Vessels

Gulf Marine Services (GMS), a leading provider of self-propelled, self-elevating support vessels to the offshore energy industry, is pleased to announce the award of a contract covering one of its Large-class vessels in the Middle East. The contract spans a total of two years including options.

Mansour Al Alami, GMS Executive Chairman, commented: "We are extremely happy to have secured this contract, which once again highlights the strong demand for our vessels and services. The additional contracts we announced recently add up to 2,354 days and we look forward to further strengthening our backlog."

The Company notes that a typographical error was included in the announcement number 6373M released on 23 December 2025 titled "New Contract Award". The contract duration including options figure was incorrectly stated as 985 days. The correct figure is 1624 days. All other information contained in the announcement remains unchanged.

This announcement contains inside information and is provided in accordance with the requirements of Article 17 of the Market Abuse Regulation (EU) No. 596/2014 (as it forms part of UK law by virtue of the European Union (Withdrawal) Act 2018, as amended).

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