Institutional Presentation April 2013 1 Disclaimer This - PowerPoint PPT Presentation

Institutional Presentation April 2013 1

Disclaimer This presentation contains statements that may constitute “forward -looking statements”, based on current opinions, expectations and projections about future events. Such statements are also based on assumptions and analysis made by Wilson, Sons and are subject to market conditions which are beyond the Company’s control. Important factors which may lead to significant differences between real results and these forward-looking statements are: national and international economic conditions; technology; financial market conditions; uncertainties regarding results in the Company’s future operations, its plans, objectives, expectations, intentions; and other factors described in the section entitled "Risk Factors“, available in the Company’s Prospectus, filed with the Brazilian Securities and Exchange Commission (CVM). The Company’s operating and financial results, as presented on the following slides, were prepared in conformity with International Financial Reporting Standards (IFRS), except as otherwise expressly indicated. An independent auditors’ review report is an integral part of the Company’s condensed consolidated financial statements. 2

Wilson Sons at a Glance Domestic & International Trade Flow Oil & Gas Weighted Avg. Cost of Debt 3.59% per year 151.5 121.4 FMM* Others 122.7 2012 75% 25% 76.2 2010 2008 EBITDA As of Dec/2012 2006 CAGR: 12% *Fundo de Marinha Mercante 3

Our Growth Drivers 4

Oil & Gas: Very Positive Outlook World Oil Reserves (Bn boe) Brazilian Oil Production (M bpd) Source: BP Statistics Review 2012 + Government Forecasts Source: Petrobras + IOCs + OGX Venezuela 296.5 6.7 Saudi Arabia 265.4 Iran 151.2 Iraq 3.5 143.1 CAGR 16% 100.0 Brazil (Est.)** United Arab Em. 97.8 2.1 Upper estimate of 88.2 Russia potential growth of Brazilian oil 50.0 Brazil (Est.)* reserves by 7 x Libya 47.1 2012 2015E 2020E * Probable oil reserves 15.1 Brazil ** Possible oil reserves Demand for Offshore Support Vessels (OSVs) Increased Distances to new Oil Rigs Source: ODS Petrodata + ABEAM / SYNDARMA + BTG Pactual 686 Average Campos Basin Distances 125 km 500 + 272 414 Pre-salt Distances 300 km 2012 2015E 2020E 5

International Trade Flow & Domestic Economy: Brazil’s expansion Brazil Exports + Imports (USD Bi) Real GDP (USD Tri) Source: MDIC/Secex + Central Bank Estimates Source: PwC CAGR 14.5% 2011 … 2050 CAGR BRAZIL 499 482 466 2.3 8.8 3.5% 384 371 281 282 229 193 G7 30.7 70.6 2.2% 2005 2006 2007 2008 2009 2010 2011 2012 2013E Imports Exports Upside with Increased Brazilian Efficiency Increasing Container Handling in Brazil (#TEU M) Source: World Bank Source: ILOS Export Procedures Historical Estimated Duration USD Cost Duration USD Cost CAGR 6.4% CAGR 7.4% (Days) (Days) 15.6 325 Document Preparation 6 2 230 13.5 11.7 10.2 400 Customs Clearance 3 1 60 8.8 8.2 7.0 6.8 6.2 5.0 500 Ports Handling 3 2 400 990 Inland Transportation 1 1 400 2004 2006 2008 2010 2012 2013 2015 2017 2019 2021 Total 13 2,215 6 1,090 6

Our Business 7

Port Terminals (Container Terminals) USD 189M 908,300 1,880,000 Net Revenues TEU handled TEU capacity (29% of 2012 Total Revenues) (2012 Tecon RG + Tecon SSA) (2012 Tecon RG + Tecon SSA) Tecon Rio Grande 8

Port Terminals (Container Terminals) • Container Terminal concessions for 25 + 25 years in the ports of Rio Grande and Salvador • Third largest container port operator in Brazil, with 11% market share • Strategically located assets are key competitive advantage Highlights Container Movement (TEU ‘000) Rio Grande Salvador ILOS estimates for Extreme South + Northeast Capacity 1,350k 530k ILOS Estimates Historical CAGR 7.3 % CAGR 6.5 % 3 2 # Berths 1,717 Total Berth length (m) 900 617 1,387 1,122 Total area (sqm) 670,000 118,000 908 888 Draft (m) 15 14 426 6 6 # of STS (Portainers) 2000 2009 2012 2015E 2018E 2023E Tecon Rio Grande Location Tecon Salvador Location Tecon Suape (ICTS) 850 km Paranaguá (Advent) Itapoá (Hamburg Sud) Tecon Salvador (Wilson Sons) São Francisco do Sul (Dragados) Itajaí / Navegantes (Maersk / MSC) Imbituba (Santos Brasil) 1,182 km 688 km TVV (Log-In) Tecon Rio Grande (Wilson Sons) 9

Port Terminals (Brasco) USD 38M 1,002 ~ 150,000 Net Revenues Vessel Turnarounds Operational base area (sqm) (6% of 2012 Total Revenues) (2012) Brasco (Niterói) 10

Port Terminals (Brasco) • Providing support to the Oil & Gas industry, combining own assets and expertise in public ports • First Oil & Gas private terminal operator in Brazil, with more than 10 years of experience • Strategically located bases across Brazil with advantageous access to the pre-salt areas Blocks by Operator: IOCs increasing position Main Services Source: ANP Upstream ~ 40 years according to specific areas Environmental Load/Unload Services Cargo Exploration Development Production 16% 30% 49% 51% Logistics 70% Warehousing 84% Solutions Petrobras IOCs / OGX Espírito Santo, Campos, and Santos Basins Strategic Location Source: ANP ~ 91% of Oil & Gas production in Brazil Espírito Santo Brasco Basin Briclog ~ 100 Offshore Drilling and Production Rigs Campos Basin ~ 351 Offshore Support Vessels in operation Santos Basin 11

Towage USD 178M 15.0% 52,204 Net Revenues Special Operations Harbour Manoeuvres (28% of 2012 Total Revenues) (% of 2012 Total Towage Revs) (2012) Special Operation (Arrival of equipment in the port of Santos) 12

Towage • Largest fleet in Brazil, approx. 50% share at habour manouevres, operating in all major ports of Brazil • Regulatory protection ensures priority to Brazilian flag vessels (ANTAQ Resolution 494) • Friendly funding available from FMM (Fundo da Marinha Mercante) – Long-term, Low-cost Special Operations SUPPORT TO FPSO LNG OPERATIONS FPSO TOWAGE OCEAN TOWAGE SALVAGE CONSTRUCTION Revenues Breakdown New Port Facilities % of Total Towage Revenues Source: BNDES + WS Estimates USD 177.7 M USD 167.4 M USD 145.7 M USD 156.2 M USD 147.1 M • Refinery Premium I (MA) • Terminal Ponta da Madeira (MA) • Refinery Premium II (CE) Harbour • Refinery Abreu e Lima (PE) 85.7% 84.4% Manoeuvres 84.8% 85.0% 90.9% • Porto Sul (BA) • Porto do Açu (RJ) • Embraport (SP) BRL ~R$ 54 Bi Special • Brasil Terminais Portuários (SP) 15.6% 15.2% 15.0% 14.3% 9.1% in investments Operations • Itapoá (SC) 2010 2008 2009 2011 2012 13

Offshore Vessels USD 46M 18 OSVs 5,796 Net Revenues 15 owned PSVs + 3 flag cover Days In Operation (7% of 2012 Total Revenues) (2012) AHTSs (as of Mar/13) PSV Tagaz 14

Offshore Vessels • Regulatory protection ensures priority to Brazilian flag vessels (ANTAQ Resolution 495) • Friendly funding available from FMM (Fundo da Marinha Mercante) – Long-term, Low-cost • Wilson Sons 100%-owned shipyard is a key competitive advantage Operational Fleet in Brazil (as of Nov/2012) Offshore FMM Financing Highlights (as of Dec/2012) Source: ABEAM / SYNDARMA Source: Wilson Sons AHTS Others PSV Total # Vessels currently # Vessels with Undrawn 18 9 financed Borrowing + Priority 45% Brazilian 81 19 88 188 55% Undrawn Borrowing + Outstanding Debt Balance USD 208 M USD 232 M Granted Priority Foreign 104 94 28 226 Duration of Current Grace + Amortization 9.2 yrs 3 + 18 yrs Contracts Period Foreign flag Cost of Debt of Current Total 185 113 116 414 3.7% Average Cost of Debt 3.1% Brazilian flag Contracts Brazilian OSV Fleet Development WSUT Fleet Development Source: ODS Petrodata + ABEAM / SYNDARMA + BTG Pactual Source: Wilson Sons 686 30+ Brazilian Flag Vessels Foreign Flag Vessels 24 386 414 14 226 250 12 10 188 165 148 130 300 83 91 88 188 120 105 74 60 2010 2011 2012 2015 2017 2002 2005 2008 2009 2012 2020E 15

Shipyards USD 62M 39 10,000 Net Revenues Vessels Delivered Guarujá steel processing (10% of 2012 Total Revenues) (2004 - 2012: 12 PSVs + 27 Tugboats) capacity (tons / yr) Guarujá II Shipyard 16

Shipyards • Providing great competitive advantage to the Company’s Towage and Offshore businesses • Friendly funding available from FMM (Fundo da Marinha Mercante) – Long-term, Low-cost • Construction plan for more than 50 vessels (Offshore and Tugboats) by 2017 Highlights Tugboat Construction Plan 2013 2014 Guarujá I Guarujá II Total Steel Processing Capacity Telescopium Mar/13 4,500 5,500 10,000 (tons / year) Out/13 WS138 22,000 17,000 39,000 Area (sqm) Nov/13 WS139 Dec/13 WS140 Dock type Slipway Dry-dock n/a Apr/14 WS141 Length (m) 150 135 n/a WS148 Sep/14 16 26 n/a Oct/14 Breadth (m) WS142 WS149 Nov/14 OSV Construction Plan Remotely Operated Vehicle Support Vessel (ROVSV) 2012 2013 Sterna (PSV 4500) Feb/12 GUA I Batuíra (PSV 4500) Aug/12 Tagaz (PSV 4500) Mar/13 Prion (PSV 4500) Jul/13 Alcatraz (PSV 4500) Jun/13 GUA II Zarapito (PSV 4500) Oct/13 Fugro - Aquarius (ROVSV) Jul/14 17

Logistics USD 108M 70,800 sqm 92,000 sqm Net Revenues Itapevi and Suape Logistics Bonded Terminal area (17% of 2012 Total Revenues) Centres area (EADI Santo André) EADI Santo André-SP 18