WOOSUNG INSULATION INDUSTRY

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WS-201712 ISO 9001:2015 WOOSUNG INSULATION INDUSTRY <Addr.> 46028 132, MYEONGNYESANDAN 5-RO, JANGAN-EUP, GIJANG-KUN, BUSAN, KOREA TEL : +82 51 753-2772 FAX : +82 51 753-2771 HAMEPAGE : http://www.wsins.co.kr

I N D E X 1. Company Profile 2. Company History 3. Business Items 4. Equipment Facilities 5. Organization 6. Certificate 6.1 Corporation Registration 6.2 GTT Certificate (5Sheets) 6.3 ISO 9001:2008 Cert. 6.4 LR Cert. 6.5 Supply Record 7. Products 8. Company View 9. Location

1. Company Profile Motto of Company Sincerity & Deligence Confidence & Trust Responsibility & Serve Since the establishment of business in May 1995. "Woosung insulation industry" has become leading company of manufacturing and fabricating heat insulating material through constant challenge, research and outstanding Know-How in insulations. Especially, we are devoting ourselves to control the effective progress of work such as reduction the length of process in the limited space in fabrication of insulating materials such as rock wool, glass wool, cerak wool, box glass wool application which used in shipbuilding (LNG vessels, merchant vessels, chemical tanker etc) and ground plant (Nuclear Power station, thermoelectric power plant, oil refinery plant, various industrial facility etc). Woosung obtained an ISO 9001:2008 Quality System Certificate in order to offer more advanced quality and service on the basis of accumulated experience. Hee-Jin Yeo / President

2. Company History May, 1995 WOOSUNG INSULATION INDUSTRY. Established May, 1995 ~ Nov., 1996 Approved by STX Shipbuilding, Korea Tacoma, Hanjin Industries, DSME(Daewoo Shipbuilding & Marine Engineering Co., Ltd.) and OPCO as collaboration company. Mar., 1998 GTT No96 Certificate of insulating material for LNG vessels. (Fiberglass Wool, Flexible insulation) Oct., 1999 Registered as the promising medium & small-sized enterprises by Korea Government. Sep., 2000 ISO Certificate : ISO 9001;2008 (KOR-540-00-07) - Orion Registrar, Inc., USA Dec., 2001 GTT No96 Certificate : Glass Cloth (WSGC118) Nov., 2002 Installed Auto Gluing Machine Jan., 2006 ABS Class Certificate : GTT No96 - Type Approval for Flexible Insulation Feb., 2006 Moving to a new factory (YANGSAN) July, 2006 LR Class Certificate : GTT No96 - Type Approval (Fiberglass Wool, Flexible, Glass Cloth) Nov., 2007 GTT Mark III Certificate : Glass Wool May, 2008 GTT Mark III Certificate : Glass Cloth Feb, 2009 Approved by SAMSUNG Heavy Industries as collaboration company. Oct., 2010 WOOSUNG INSULATION INDUSTRY Co., Ltd. Established Apr., 2012 GTT Box Application Glass Wool Certificate : M.3026 Apr., 2013 LNGC Box Application & ON BOARD Fiber glass wool, Flexible, Glass Cloth Total 81th Project on going & Finished. NOV.,2014 Moving to the new company in Myungnye Industrial Complex.(BUSAN) Oct.,2015 Finished working area to 20,000M 2 Oct.,2016 Finished working area to 22,000M 2 Feb.,2017 Finished working area to 23,000M 2

3. Business Items 1) Main Items 1. Insulation Materials for LNG Carriers/Tank - (GTT Spec. M3026) - On-Board Fiber GlassWool (GTT Spec. M 3016) - On-Board Glass Cloth (GTT Spec. M3017) - On-Board Flexible Insulations (GTT Spec. M3054) - Ground Storage Tank (GTT Spec. M4000) 2. Stiffener Mold, T-Bar Runner - Mineral Wool : 100K, 110K, 120K - 25T, 50T, 60T - Glass Wool : 48K, 64K, 80K, 96K - 25T, 50T 3. Lamella Mat (for fabrication of large diameter pipe cover) 4. Valve & Flange Thermal Mat 5. Mineral Wool, Glass Wool Board & Pipe Cover 6. Mineral Wool, Glass Wool Blanket 7. Other products by Special Order 2) Handling Items 1. H.T.B (High Temp. Board) 2. Cerak Wool 3. Silica Board & Pipe Cover 4. Fiber Glass Cloth & Silica Cloth 5. Urethane 6. Insulation Pin & Bond 7. Other Thermal Insulation related materials and Ass'y

4. Equipment NO. Equipment Capacity 1 A60 Mold Saw (Table Moving Type) Production Year Q'ty 3.7KW x 1.2M x 3M x 0.8M 1995 1 2 LA-MELLA Saw 5.2KW x 2M x 3M x 0.8M 1996 1 Remark 3 Cutting Saw 1.5KW x 2M x 3M x 1.8M 1998 1 4 COMPRESSOR 1 7.5KW 1998 1 5 Dust Collector 40 m3 / min x 1 1998 1 6 Waste Disposal Pressing M/C 600W x 600H x 400L 2001 1 7 COMPRESSOR 4 5.5KW 2002 1 8 Dust Collector 40 m3 / min x 1 2003 1 9 P.P BANDING M/C 2 0.85KW 2003 1 10 LNG-MOLD Saw 3.7KW x 1M x 1.5M x 0.8M 2004 1 11 Pressure Tank 0.5 m3 2005 2 12 Cutting Saw 1.5KW x 2M x 3M x 2.5M 2006 (2015 remodeling) 13 Cutting Saw 1.5KW x 2M x 3M x 2.5M 2006 (2015 remodeling) 1 1 14 Angle Saw 0.8KW x 1.8M x 2.8M x 0.8M 2006 1 15 Dust Collector 40 m3 / min x 1 2006 1 16 Dust Collector 40 m3 / min x 1 2007 1 17 Auto H-Cutting Saw 3.0M x 1.8M x 3.0M 2008 1 18 TAPPING M/C 0.7M x 1.0M x 1.5M 2008 1 19 P.P BANDING M/C 3 0.85KW 2008 1 20 Cutting Saw 1.5KW x 2M x 3M x 1.8M 2009 1

21 Cutting Saw 1.5KW x 2M x 3M x 2.0M 2009 1 22 V-Cutting Saw 2.5M x 1.5M x 1M 2009 1 23 TAPPING M/C 0.7M x 1.0M x 1.5M 2009 1 24 COMPRESSOR 3 7.5KW 2009 1 25 Dust Collector 50 m3 / min x 1 2009 1 26 Dust Collector 60 m3 / min x 1 2009 1 27 28 Portable Dust Collector Portable Dust Collector 30 m3 / min x 1 2009 1 30 m3 / min x 1 2009 1 29 Exhauster 7.5KW 2009 1 30 Twin Cutting Saw 2.0M x 2.2M x 2.5M 2012 1 31 Cutting Saw 1.5KW x 2.5M x 2.5M x 2.0M 2012 1 32 Cutting Saw 1.5KW x 2.5M x 2.5M x 2.0M 2012 1 33 Twin Cutting Saw 2.0M x 2.2M x 2.5M 2012 1 34 Cutting Saw 1.5KW x 2.5M x 2.5M x 2.0M 2012 1 35 Cutting Saw 1.5KW x 2.5M x 2.5M x 2.0M 2012 1 36 Cutting Saw 2.7M x 2.5M x 2.5M 2012 1 37 Gluing M/C 1.5M x 5.7M x 1.5M 2012 1 38 Measuring equipment 1.0M x 1.7M x 1.6M 2012 1 39 Surface Plate 1.0M x 2.0M x 0.2M 2012 2 GTT Approve d 40 V-CAL. 300mm / 600mm / 1,500mm 2012 4

41 Gluing M/C 1.5M x 3.7M x 1.5M 2012 1 42 Gluing M/C 1.5M x 3.7M x 1.5M 2013 1 43 T-Angle Saw 3.4M X 3.4M X 3.1M 2013 1 44 V-Cutting Saw 2.3M X 2.5M X 2.5M 2013 1 45 Dust Collector 40m3 / min x 1 2014 1 46 Forklift 3.0T 2014 1 47 Electronic Forklift 2.5T 2014 (2005) 48 Electronic Forklift 2.0T 2014 (2006) 49 Electronic Forklift 1.5T 2014 (2006) 50 Electronic Forklift 1.3T 2015 (2015) 51 Electronic Forklift 1.5T 2015 (2006) 1 1 1 1 1 52 V-CAL. 300mm / 1,500mm 2015 2 53 Waste Disposal Pressing M/C 900W X 1800H X 6000L 2015 1 54 Dust Collector 140 m3 / min x 1 2015 1 55 COMPRESSOR 2 7.5KW 2015 1 56 Press Cutting M/C 5.5KW x 1.37M x 0.5M 2015 1 57 1S Auto Cutting Saw 2015 1 58 2S Auto Cutting Saw(TOP) 5.5KW/2 x 1.73M x 5.16M x 1.6M 2015 1 59 3S Auto Cutting Saw 5.5KW/2 x 1.73M x 5.16M x 1.6M 2015 1 60 Chain block 1T 2015 2

61 Twin Cutting Saw 2.6M X 3.6M X 2.2M 2015 1 62 P.P BANDING M/C 1 0.85KW 2016 1 63 Press Cutting M/C 5.5KW x 1.50M x 1.2M 2016 1 64 65 P.P BANDING M/C 1 Automatic wrapping M/C 0.85KW 2016 1-2016 1 66 Measuring equipment 1000W X 800H X 1800L 2016 1 67 Gluing M/C 1.5M x 3.7M x 1.5M 2016 1 68 Electronic Forklift 2T 2016 1 69 X2S Auto Cutting Saw 5.5KW/2 x 1.73M x 5.16M x 1.6M 2016 1 70 Dust Collector 130 m3 / min x 1 2016 1 71 COMPRESSOR 7.5KW 2016 1 72 Automatic wrapping M/C 2-2016 1 73 Auto Twin Cutting Saw 1.5KW/4 x 1.85M x 5.20M x 1.6M 2017 1

5. Organization 2017. 12 - Totel : 70 Persons (1/69) President (1) Plant Mgr. (1) Q. C (2) Marketing Production Administration (2) (2) (5) Tech. Sales Manufacturin g / Technology Admin. / Accounting Production Management Security Glueing LNG LNG Package Cutting Cutting ER Team Team 1 Team 2 Team (10) (19) (10) (4) (14)

6. Certificate 6.1 Corporation Registration

6.2.1 GTT Cert. - BOX GLASS WOOL

6.2.2 GTT Cert. - Fiber Glass Wool

6.2.3 GTT Cert. - MARK III WOOSUNG INSULATION INDUSTRY

6.2.4 GTT Cert. - Fiber Glass Cloth

6.2.5 GTT Cert. - Flexible Insulation

6.3.1 ISO Cert. WOOSUNG INSULATION INDUSTRY

6.3.2 ISO Cert. WOOSUNG INSULATION INDUSTRY

6.4.1 LR Cert.(Box Application)

6.4.2 LR Cert.(On Board) WOOSUNG INSULATION INDUSTRY

6.4.3 LR Cert.(Flexible Insulation)

6.5 LNG supply record WOOSUNG INSULATION INDUSTRY

No. Period of Supply Ship Yard H. No. Owner Class Supplied Item 33 Jan. '06 - Apr. '06 DSME 2239 TEEKAY LR 34 May. '06 - DSME 2240 TEEKAY LR 35 Jun. '06 - DSME 2243 MARAN GAS ABS 36 Jul. '06 - DSME 2244 GOLAR DNV 37 Nov. '05 - HUDONG ZHONGHUA H1308A China ABS Glass Wool & Flexible Insulation 38 Mar. '06 - May. '06 HUDONG ZHONGHUA H1309A China ABS Glass Wool & Flexible Insulation 39 Jun. '06 - HUDONG ZHONGHUA H1378A China ABS Flexible Insulation 40 May '06 - NACKS Mock-Up - - 41 Sep. '06 - DSME 2245 Pronav LR 42 Nov. '06 - DSME 2246 Pronav LR 43 Dec. '06 - DSME 2247 Pronav LR 44 Jan. '07 - DSME 2248 Pronav LR 45 Apr. '07 - DSME 2254 Exmar BV 46 May. '07 - DSME 2249 Mol ABS 47 June. '07 - DSME 2250 K-Line ABS 48 Sep. '07 - DSME 2251 Mol ABS 49 Sep. '07 - DSME 2252 Mol ABS 50 Dec. '07 - DSME 2253 Mol ABS 51 Nov. '07 - DSME 2241 SOVCOMFLOT DNV 52 Mar. '08 - DSME 2242 SOVCOMFLOT DNV Glass Wool & Flexible Insulation

No. Period of Supply Ship Yard H. No. Owner Class Supplied Item 53 Apr. '08 - DSME 2264 QGTC ABS 54 Jun. '08 - DSME 2265 QGTC ABS 55 Jul. '08 - DSME 2266 QGTC ABS 56 Oct. '08 - DSME 2270 Exmar-RV BV 57 Oct. '08 - DSME 2283 QGTC LR 58 Nov. '08 - DSME 2271 Exmar-RV BV 59 Dec. '08 - DSME 2284 QGTC LR 60 Jan. '09 - DSME 2285 QGTC LR 61 Apr. '09 - DSME 2286 QGTC LR 62 May. '09 - DSME 2267 KNUTSEN DNV 63 May. '09 - SAMSUNG 1745 BG ABS 64 Dec. '09 - DSME 2278 TMT DNV 64 Dec. '09 - SAMSUNG 1858 BG ABS 65 Mar. '2010 SAMSUNG 1746 BG ABS 66 Mar. '2010 DSME 2274 KNUTSEN DNV 66 May. '2010 SAMSUNG 1859 BG ABS 69 Apr. '2010 DSME 2275 KNUTSEN DNV 70 Jun. '2010 DSME 2273 Brunei BV 71 Sep. '2010 DSME 2277 Brunei BV 72 Jan. '2011 DSME 2280 SONANGOL ABS (MARK III) (MARK III) (MARK III) (MARK III)

No. Period of Supply Ship Yard H. No. Owner Class Supplied Item 73 Jun. '2012 DSME 2288 MARANGAS DNV 74 Oct. '2012 DSME 2295 MARANGAS DNV 75 Nov. '2012 DSME 2290 AWILCO DNV 76 Dec. '2012 DSME 2296 MARANGAS ABS 77 Apr, '2013 DSME 2402 EXCELERATE BV 78 Apr, '2013 DSME 2291 MARANGAS DNV 79 Oct. '2013 DSME 2400 CARDIF ABS 80 Apr, '2014 DSME 6302 PETRONAS DNV 81 Apr, '2014 DSME 2292 MARANGAS ABS 82 Sep, '2014 DSME 2406 MARANGAS DNV 83 Nov, '2014 DSME 2418 YAMAL BV 84 Mar, '2015 DSME 2408 TEEKAY DNV 85 May, '2015 DSME 2419 MOL URUGUAY BV 86 Jun. '2015 DSME 2414 MARAN ABS 87 Dec, '2015 DSME 2415 MARAN LR 88 Nov, '2015 DSME 2413 MARAN ABS & Glass Wool & Glass Wool & Glass Wool & Glass Wool & Glass Wool & & Glass Wool Glass Cloth & Glass Wool & Glass Wool Glass Cloth 89 Jan, '2016 DSME 2411 TEEKAY DNV Glass Cloth 90 Feb, '2016 DSME 2449 KLC KR+ABS 91 Jun, '2016 DSME 2451 HYUNDAI LNG KR+ABS Glass Cloth & 92 Jun, '2016 DSME 2421 DYNAGAS (YAMAL) BV+RMRS Glass Cloth

No. Period of Supply Ship Yard H. No. Owner Class Supplied Item 93 Jun, '2016 DSME 2452 HYUNDAI LNG KR+LR 94 Jul, '2016 DSME 2450 KLC KR+ABS 95 Aug, '2016 DSME 2416 TEEKAY DNV 96 Sep, '2016 DSME 2422 DYNAGAS (YAMAL) BV+RMRS 97 Sep, '2016 DSME 2447 SEA TANKERS ABS 98 Sep, '2016 DSME 2448 SEA TANKERS ABS 99 Nov. '2016 DSME 2423 TEEKAY (YAMAL) BV+RMRS 100 Nov. '2016 DSME 2417 TEEKAY DNV 101 Nov. '2016 CERN STORAGE TANK 102 Nov. '2016 DSME 2424 CERN - MOL (YAMAL) BV+RMRS 103 Dec. '2016 DSME 2460 CHANDRIS LR 104 Apr. '2017 DSME 2435 BW DNV+GL 105 May. '2017 DSME 2436 BW DNV+GL 106 Jun. '2017 DSME 2454 TEEKAY DNV+GL 107 Jul. '2017 DSME 2425 TEEKAY (YAMAL) BV+RMRS 108 Sep. '2017 DSME 2455 TEEKAY DNV-GL 109 Sep. '2017 DSME 2426 110 Nov. '2017 DSME 2427 MOL (YAMAL) DYNAGAS (YAMAL) BV+RMRS BV+RMRS Glass Cloth & & Glass Cloth & GlassWool Glass Cloth & Glass Cloth Glass Cloth & Glass Cloth FLAT JOINT / GLASS WOOL & & Glass Wool & Glass Cloth Flexible Insulation & Glass Wool & Glass Wool & Glass Wool & & Glass Wool & & Glass Wool 111 Nov. '2017 DSME 2428 DYNAGAS (YAMAL) BV+RMRS

7. Products LNGC GTT. No96 Sys. For Primary & Secondary Glass Wool for Flat Area Glass Wool for Longi./Trans. Corner Glass Wool for Oblique Diheadron & Glass Cloth Flexible "M" type, "F" Type & Glass Cloth

Insulation Materials for Merchant Ships Stiffener Mold Stiffener Mold Mineral Wool Board Glass Wool Board Glass Wool

BOX GLASS WOOL 1H K2S 3S X4S Auto Measurement Machine 3S / 1S

8. Company View WOOSUNG INSULATION INDUSTRY

9. COMPANY LOCATION WOO SUNG