De Wave Group undertakes major project in Singapore as P&O Australia

Following its involvement in the extensive refurbishment of Pacific Explorer last year, the De Wave Group is again contributing to P&O Cruises Australia’s fleet transformation project with recent work on Pacific
Encounter at the Sembcorp Marine shipyard in Singapore in preparation for the ship joining the P&O fleet.
De Wave Group is also set to contribute to Pacific Adventure’s preparation for its planned entry to the fleet
later this year.

Australia’s leading cruise line after nearly 90 years of cruising from Australia, P&O Cruises is operated by
Carnival Australia, the nation’s largest cruise organisation, which, in turn, is part of the Holland America
Group (HAG) of cruise lines within the global travel and leisure group Carnival Corporation & plc.
The De Wave Group’s contribution to the recent Pacific Encounter project involved skilled work on the
ship’s interiors as the sole contractor providing a full turnkey service inclusive of all logistical and technical
aspects.

Giacomo Poggi, Chief Executive Officer of Precetti Far-East, commented: “Even in this challenging period,
we were able to organise many containers of materials and coordinate the work of a team of over 200
skilled people from 4 continents, successfully completing a highly prestigious project for our Group.”

The works on Pacific Encounter

In preparation for joining the P&O Cruises Australia fleet from sister brand Princess Cruises, Pacific
Encounter was refitted with new fixed furnishings, upholstery, and floor and wall coverings. In addition, the existing ceilings were repainted.

The project involved around 50 containers of shipped materials, 200 people from 4 continents split across
the various works, over 5,000 sq. m of refurbished areas, more than 3,000 sq. m of wall coverings, 3,500 sq.m of outdoor artificial turf, 8,000 sq. m of fabrics and 10,000 sq. m of carpets fitted.
A significant part of the project undertaken by the De Wave Group’s skilled workers was on the dining area
called ‘The Pantry’, installing special catering fittings including protective glass screens with LED lights and
built-in heating lamps, which are integral to maintaining the health and well-being of guests and crew.

Areas involved in the work on Pacific Encounter included:
WATERFRONT DK 5 – DINING ROOM
ANGELO’S DK 6 – DINING ROOM
DRAGON LADY DK 6 – DINING ROOM
INTERNET DK.05
SHOREX DK.05
ATRIUM DK 5
RECEPTION DK.06
BONDED STORE DK6
THEATER LOBBY DK 6 Over DK 7
OCEAN BAR DK7
ENCOUNTER HOTEL DK 7
THE PANTRY DK14 — RESTAURANT
MAIN POOL DK14 – PIZZERIA & BURGER
CASINO DK6

De Wave Group is looking forward to its involvement in the Pacific Adventure project later this year as
P&O Cruises Australia continues its fleet transformation.

About the De Wave Group

The De Wave Group is a global manufacturer and contractor with an annual turnover of 200 million euro,
serving the full spectrum of cruise ship and yacht interior outfitting, from new builds through to refitting
and after sales. Employing 600 skilled workers and benefiting from the support of its own specialist
manufacturing facilities with a combined covered production area of 65,000 sq. m, the Group delivers
industry-leading quality standards.

The Group comprises 3 specialist companies, each a leader in its field of Marine Interiors: De Wave for
cabins and wet units, Precetti for catering areas and Spencer Contract for public areas and yachts.
The De Wave Group is headquartered in Genoa, with offices and production facilities in Italy (Vazzola,
Monfalcone, Venezia, Sovizzo, Scorzè and Trieste), France (Saint Nazaire), Germany (Papenburg), Poland

(Lipno) and Finland (Turku). In addition, the Group has a Business Unit serving Asia and Oceania from
Singapore and a Business Unit serving the United States from Miami.
This global presence enables the De Wave Group to work in numerous shipyards on every continent,
building close partnerships with all the main players in shipping and yachting.