Kuala Lumpur, 12 January 2026

Vantris Energy Berhad (“Vantris Energy” or “the Group”, formerly known as Sapura Energy Berhad) today announced the divestment of its 40 percent equity interest in L&T-Sapura Shipping Pvt. Ltd. (“LTSSPL”) which owns and operates the LTS3000 heavy-lift and pipelay vessel, to its joint-venture partner, Larsen & Toubro Limited (“L&T”), for a total consideration of approximately USD 30.5 million (“Proposed Disposal”). The amount consists of equity consideration and the full repayment of the outstanding shareholder’s loan and accrued interests owed to the Group.

The transaction was executed through the Group’s indirect wholly owned subsidiary, Sapura Nautical Power Pte Ltd (Singapore).

This move marks another step in Vantris Energy’s ongoing efforts to streamline, strengthen, and optimise its asset portfolio, as the Group continues to sharpen its focus on core capabilities and wholly owned assets that support long-term value creation.

Group CEO Muhammad Zamri Jusoh said the divestment aligns with the organisation’s transformation priorities.

“This divestment is another step forward in reshaping Vantris Energy into a more focused, agile and financially resilient organisation. As we realign our portfolio, we are steering capital and attention towards the businesses, assets, and regions where we can compete with strength and deliver sustainable value”, he said.

The net proceeds from the Proposed Disposal will be utilised for operational requirements for the Company’s Engineering & Construction (“E&C”) and Operations & Maintenance (“O&M”) businesses.

Following the divestment of its stake in LTS3000, Vantris Energy has four heavy-lift and pipelaying vessels remaining in its fleet, all of which are wholly owned. The Group owns and operates a total of twelve offshore construction vessels and barges under its Engineering & Construction arm, capable of shallow and deep-water transportation and installation and subsea services.

For further editorial information, contact:

Vantris Energy Strategic Communications at corpcomms@vantrisenergy.com vantrisenergy.com | www.facebook.com/VantrisEnergy/ | instagram.com/vantrisenergy/

Cautionary note: “Vantris Energy”, “the group” and “the company” are used for convenience where references are made to Vantris Energy Berhad in general. Similarly, words like “we”, “us” and “our” are used to refer to Vantris Energy Berhad in general or to those who work for the company and its subsidiaries, where relevant. This press release may contain forward-looking statements. All statements other than statements of historical facts included in this press release, including, without limitation, those regarding our financial position, financial estimates, business strategies, prospects, plans and objectives for future operations, are forward-looking statements. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements, or industry results to be materially different from any future results, performance, or achievements expressed or implied by such forward-looking statements. Such forward-looking statements are based on numerous assumptions regarding our present and future business strategies and the environment in which we will operate in the future. Such forward-looking statements reflect our current view with respect to future events and are not a guarantee of future performance. Forward-looking statements can be identified by the use of forward-looking terminology such as the words “may”, “will”, “would”, “could”, “believe”, “expect”, “anticipate”, “intend”, “estimate”, “aim”, “plan”, “forecast” or similar expressions and include all statements that are not historical facts.