Telford Offshore – Change in management team

01 Sep 2025 07:00 CEST

Dubai, United Arab Emirates, 1st September 2025 – Telford Finco (the “Company”
or “Telford Offshore”), an international offshore service provider delivering
cost-effective construction and project management solutions for the oil and gas
industry, announced today that Andrew Robertson has resigned from the Company as
Chief Financial Officer (CFO) for personal reasons, leaving on 29th August 2025.


“We would like to place on record our thanks and appreciation for the excellent
work Andy has done throughout his tenure at Telford, particularly during the
initial period following the change of shareholders and board in Q1 2023. We
wish Andy all the best in his future endeavours,” said Robert Duncan, CEO of
Telford Offshore.

Taking over from today as Interim Chief Financial Officer, will be Christoph
Bausch. Christoph has been Chief Financial Officer of NYSE and OSE listed
oilfield services companies for many years and brings extensive industry and
financial experience. His deep knowledge of the oilfield services and offshore
drilling and construction business combined with his experience in financial
markets will help support Telford’s strategic plans in this interim period.

The Company has initiated the search for a permanent CFO for Telford Offshore.

For further information, please contact:

IR@telfordoffshore.com

About Telford Offshore
Telford Offshore is the world’s largest owner and operator of DP3 multi-purpose
support vessels for the oil and gas industry. The company’s fleet comprises five
modern owned vessels, Telford 25, Telford 28, Telford 30, Telford 31 and Telford
34, as well as Telford 33, on a long-term bareboat charter. Their multi-purpose
capabilities enable a single vessel to undertake diverse operations. All vessels
in the fleet are able to provide accommodation services, construction support
and dive support. In addition, the Telford 34 is capable of carrying out
pipelay. For more information, please visit www.telfordoffshore.com.

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