News Release
June 13, 2023

MOL Group Accepts First Trainees from Overseas at
MOL Dynamic Positioning Training Center (MOL DPTC)~Contributing to the Development of Taiwan's Offshore Wind Power Industry~
TOKYO—Mitsui O.S.K. Lines, Ltd. (MOL; President & CEO: Takeshi Hashimoto) today announced that five nautical
officers dispatched by Taiwan International Windpower Training Corporation Ltd. (TIWTC) (Note 1), a state-owned offshore
wind industry training provider in Taiwan, began training on a dynamic positioning (DP) simulator (Note 2) owned by
MOL and MOL Marine & Engineering Co., Ltd. (MOLMEC; President: Takashi Nakashima; Headquarters: Minato-ku,
Tokyo). A total of about 20 TIWTC officers will participate in DP operation training programs offered by MOLMEC at
MOL DPTC from fiscal year (FY) 2023 to 2024. This is the first time that an overseas organization is participating in the
training programs at MOL DPTC, and the MOL Group will continue to offer opportunities for training that cancontribute to offshore businesses, including offshore wind power business, both domestically and internationally,
within and outside the group.

DP operation is an essential skill that is widely required in the installation and post-installation maintenance of offshore
wind farms, as well as for offshore support vessels. The rapid growth of the offshore wind power sector in the AsiaPacific region, including Taiwan, has increased the demand for Nautical officers and Marine Engineers who can safely
and efficiently operate DP systems. MOL and MOLMEC will meet that demand by providing training to officers from
Taiwan and other parts of the world.

MOLMEC President Takashi Nakashima said, “We are honored to be partnering with TIWTC on this collaboration thatwill lead to the development of Taiwan’s offshore wind power industry. In our group management plan, “BLUE ACTION
2035,” MOL Group is committed to accumulating experience in offshore wind power generation in Taiwan andparticipating in associated projects, as a specific action plan in the offshore wind power sector. This would be an
example that the collaboration embodies our commitment. MOL Group will continue to contribute to the safe
operation of specialized vessels for offshore wind power generation and offshore development, which are expected toincrease in the future, to ensure the safety of construction work, and to secure and train highly skilled DP operators inJapan and overseas, within and outside the group, including the offshore sectors associated staffs with or without
seafarer qualifications.

TIWTC General Manager Vincent Tsai said, “We are pleased to be working with MOL and MOLMEC. We are also pleased
that Taiwanese officers will be trained by MOLMEC in DP training courses certified by The Nautical Institute (NI;Headquarters: the U.K.) (Note 3). The courses are essential for Taiwanese officers to improve their skills and become
advanced NI-certified DP operators working in the global offshore wind market.”

MOL Group is broadly involved in the value chain of the offshore wind power business, which is expected to be a
critical measure for renewable energy and will contribute not only to its own group but also to the decarbonization ofsociety.

Corporate Communications Division, Media Relations Team〒105-8688 2-1-1 Toranomon, Minato-ku, Tokyo Tel: 03-3587-7015

E-Mail: mrtmo@molgroup.com

Signing ceremony of Memorandum of Understanding on provision of the training

Nautical officers dispatched by TIWTC taking DP training(From left: Takashi Nakashima, MOLMEC President,
Hirofumi Kuwata, MOL Senior Managing Executive Officer,
Director General, Headquarters of Energy Business,
Vincent Tsai, TIWTC General Manager)

At the reception of TIWTC and the officers(Note 1) DP operation can automatically calculate external forces such as wind and currents, hold the vessel at a fixed
point, and navigate along a predetermined route. It is essential for cable-laying vessels that stay at one point on thesea, offshore wind power related special-purpose vessels, and submarine oil field related offshore vessels.
For more information on DP operation training programs and the DP simulator used for the programs, please refer tothe following press releases.

]March 14, 2022: MOL Group to Install Simulator with Dynamic Positioning System at MOL Head OfficeJune 7, 2022: MOL Opens Training Center for Dynamic Positioning System - Japan's First Training Center
Certified by a Third-party Organization for Training on Offshore Development-related Special-purpose Vessels -February 17, 2023: New Training Courses Offered by MOL Group, Essential for Offshore Wind Power Projects
Receives ClassNK's Basic Approval - Expanded Training Course for Marine Development-related Specialty
Vessels Using Dynamic Positioning Simulator -(Note 2) Taiwan International Windpower Training Corporation Ltd. (TIWTC), is the first Global Wind Organisation(GWO) certified company in Taiwan providing global standard training for the offshore wind industry. TIWTC wasestablished in May 2018, backed by investments from six companies including Taiwan International Ports Co., Ltd,
Taiwan Power Company, Cwind Taiwan Co., Ltd., CSBC Corporation Taiwan, China Steel Corporation, and Synera
Renewable Energy Co., Ltd.
Website: https://tiwtc.com/ Email: tiwtcservice@tiwtc.com(Note 3) The MOL and MOLMEC-owned DP Training Center is the first NI-certified training center in Japan. NI is an
institute that issues internationally recognized licenses for DP operators.

MOL Group 5 Sustainability Issues
MOL Group will contribute to realizing a sustainable society by promoting responses to sustainability issues, which are identified as social issues that must be
addressed as priorities through its business.
We anticipate this initiative to contribute especially to the realization of “Safety & Value -Provide added value through safe transportation and our social infrastructurebusiness-“, “Environment -Conservation for Marine and global environment-”, and “Innovation -Innovation for development in marine technology-”.

<Related Offshore Wind Power Business Domain>

Inquiries regarding this matter
Mitsui O.S.K. Lines, Ltd. Corporate Communications Division, Media Relations TeamE-mail：mrtmo@molgroup.com / TEL：03-3587-7015

MOL Marine & Engineering Co., Ltd.
E-mail：MOLMEC-DPTC@molgroup.com]