Awards and Recognitions

CBO is recognized as an operator of excellence in the sector in which it operates, having honorably received many awards from its clients.

In 2019, Grupo CBO was awarded by Petróleo Brasileiro S.A. (“Petrobras”) as one of the best suppliers, with operational excellence scores measured by Petrobras through PEOTRAM (Operational Excellence Program for Air and Maritime Transport), in which the Company’s average reached approximately 93% from 2015 to 2022. In 2020, we were chosen as the best HSE (Health, Safety and Environment, or Health, Safety and Environment) supplier by Enauta Participações S.A. in the Atlanta field.

In 2020, Petrobras announced the “Best Suppliers Award 2019” and CBO was chosen in the categories “Vessel Chartering” and “SMS – Environment”. Additionally, by the end of 2017 and beginning of 2018, Grupo CBO started operating a new type of vessel, the AHTS 18,000 BHP (Anchor Handling Tug Supply Vessel), and already has 7 vessels ranked among the top 10 in this category according to Petrobras; Grupo CBO is also ranked first in the consolidated view by company.

In 2022, the Grupo CBO stood out through:

• • • Firjan Sustainability Award

CBO won the 2022 Firjan Sustainability Award in the Climate Change and Energy Efficiency category with a project developed internally, the Smart Ship project, which aims to identify waste and propose actions for continuous improvement in vessels. The project helps control fuel consumption and reduce atmospheric emissions. Among the tools used are telemetry and process mapping.

• • • Industry highlight in Innovation

The Época Negócios 360º research, produced by Época Negócios magazine in partnership with Fundação Dom Cabral, named CBO as the most innovative company of the transport sector in 2022. The initiative considers data collected over eight months based on information sent by companies and available in public balance sheets. In 2022, 420 companies were evaluated in six challenges: innovation, vision of the future, ESG/socio-environmental, ESG/governance, people and financial performance.

The innovation challenge, won by CBO in the transport segment, considers how much and how the company invests, what is the formal structure dedicated to innovation, in addition to methodologies, processes and metrics. The recognition indicates the quality of the practices developed by the company compared to other players in the market.

• • • Outstanding Performance

In 2022, CBO was listed in the 337 th position of the “Maiores e Melhores” Ranking of the Exame magazine, which analyzes the Brazilian largest publicly-held companies in 16 categories based on performance, financial indicators, and social, environmental and governance practices. In the “Valor 1000” Ranking, CBO was listed in the 558 th position, standing out in the transportation and logistics sector, taking the 5 th place in EBITDA Margin and the 7 th place in Net Revenue Evolution

• • •  “Selo Ouro”

We earned the ”Selo Ouro” in the Brazilian GHG Protocol Program, a recognition granted to companies that prepare a complete greenhouse gas emissions (GEE) inventory, have the information verified by an independent third party that publishes it on a platform called Registro Público de Emissões (Public Footprint Record). This achievement means that CBO has not only adopted the main method for measuring atmospheric emissions but has also reached its highest standard of quality.

CBO also has its own annual excellence program called “Fita Azul”, by which the Company engages, highlights and rewards the vessels who achieved the highest scores in terms of Safety, HR, Operational Procedures and Maintenance.

Fita Azul guides daily attitudes of employees with a focus of continuous improvement of their processes, people development and sustainability of results. Thus spreading our excellence culture.

The program started in January 2019 and its fourth edition happened in April 2023. It directs how organizational management should be oriented with focus on safety and operational processes of the vessels, through the implementation of an evaluation methodology that encourages investment in the continuous improvement of our results, encouraging crew members to always seek operational excellence and better results.

In addition, the Company obtained GPTW certification for four consecutive years, from 2019 to 2022. The seal is given by Great Place To Work Institute, which analyzes the satisfaction of its employees with the work environment taking into account different aspects such as organizational climate, compensation, benefits, growth opportunity, infrastructure, management transparency and employee autonomy.