TABLE OF CONTENTS SECTION 1 – EMPLOYMENT AND TERMINATION . 1 SECTION 2 - SALARY . 2 SECTION 3 - WORKING HOURS AND PERIOD OF SIGNING ON . 3 SECTION 4 - HOLIDAYS AND DAYS OFF. 3 SECTION 5 - EXTRAORDINARY FREEDOM OF SERVICE. 4 SECTION 6 - RESIGNATION . 4 SECTION 7 – SCHEME FOR SENIORS. 5 SECTION 8 - ILLNESS . 5 SECTION 9 - PREGNANCY AND MATERNITY LEAVE . 5 SECTION 10 – COMPLIANCE WITH POLICIES . 6 SECTION 11 – PENSION SCHEME . 6 SECTION 12 - EDUCATION. 6 SECTION 13 - INSURANCES. 7 SECTION 14 – GENERAL PROVISIONS . 8 SECTION 15 - SPOKESPERSONS . 8 SECTION 16 - STRIKES - LOCKOUT - BLOCKADES . 9 SECTION 17 - ARBITRATION. 9 SECTION 18 – SPECIAL AGREEMENTS . 9 SECTION 19 - DURATION OF THE AGREEMENT. 10 TABLE OF WAGES . 11

1 COLLECTIVE AGREEMENT of 1 January 2023 between DANISH SHIPPING EMPLOYER (DRA) and METAL MARITIME DANISH ENGINEERS ASSOCIATION DANISH UNION FOR ELECTRICIANS This agreement applies for officers, i.e. navigators, marine engineers, chief engineers, electricians and catering officers, and after further agreement, the rest of the salaried employees employed by the shipping company for duty on board ship, who have similar leading positions in ships that are registered in the Danish International Ship's Register (DIS), cf. the DIS Act, and which falls within the scope of the collective agreement's field of application. The primary field of application of the agreement is offshore wind (construction vessels and Offshore Support Vessels (OSV)). Upon full or partial transfer of the shipping company's fleet to this collective agreement, the parties must enter into agreements on the implementation of the collective agreement in the individual shipping company. Until an agreement is reached, it is agreed that the shipping company will follow the previous collective agreement. In addition, the Act on Seafarers’ Conditions of Employment etc., the notice on the employer's obligation to enter into a written contract with the seafarer on the terms of employment as well as other relevant Danish legislation that regulates an employment relationship between employer and employee apply to the employment. SECTION 1 – EMPLOYMENT AND TERMINATION 1. The officer is employed by the shipping company and must serve according to its instruction in those of the shipping company's DIS ships that fall within the scope of the collective agreement's field of application 2. The employment relationship is confirmed by written contract. 3. Unless otherwise agreed, the shipping company's notice of termination towards the officer is 1 month in his first year of employment and then 3 months. After respectively 5, 8 and 10 years of continuous employment, the

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