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 2023.

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.

Over the past few years, the Grupo CBO stood out through:

• • • Governance

In 2023, CBO received the Pró-Ética Seal, recognizing companies committed to implementing measures to prevent, detect, and address fraud. CBO became the first Brazilian offshore support company to earn this certification. Pró-Ética is an initiative of Brazil’s Office of the Comptroller General (CGU) that promotes the voluntary adoption of integrity measures by publicly recognizing companies that, regardless of size or industry, are committed to implementing measures to prevent, detect, and address corruption and fraud.

• • • Sustainability

CBO managed the operation of Brazil’s first hybrid support vessel. In 2023, it partnered with Delta Logistics Limited, a maritime support company with extensive experience in the Caribbean and South America, to operate the Delta Commander, a PSV (Platform Supply Vessel) with a complete specification, equipped to switch between diesel and battery power, improving energy efficiency and reducing carbon emissions. This vessel began operating in December 2023, under a contract with Equinor, becoming the first hybrid vessel in the Brazilian maritime support sector.

Additionally, in 2024, the company hybridized the PSV CBO Wiser in a collaboration between CBO, Equinor Brasil, and Wärtsilä. This was the first vessel to be hybridized in Brazil, reinforcing our legacy of innovation and pioneering spirit. With this project, we ranked 2^nd in the “Inovativos” Award in 2024.

In 2022, CBO won the 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..

In 2024, we earned the Gold Seal from the Brazilian GHG Protocol Program for the third consecutive year. This recognition is given 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.

• • • 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

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.