Adani Ports & SEZ has informed the stock exchanges of a scheduled interaction with investors and analysts, pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The communication, dated May 18, 2026, was submitted under reference number APSEZL/SECT/2026-27/23 and addressed to both BSE Limited and the National Stock Exchange of India Limited.

Investor Interaction Details

The company has scheduled a Non-Deal Roadshow involving in-person interactions with investors and analysts. The key details of the scheduled event are outlined below:

Note: The date is subject to changes due to exigencies on the part of investors or the company.

Presentation and Disclosure

In accordance with the disclosure requirements, the presentation for the meeting has been uploaded on the company's official website at www.adaniports.com . The intimation was signed by Kamlesh Bhagia, Company Secretary of Adani Ports and Special Economic Zone Limited, on May 18, 2026.

Adani Ports and Special Economic Zone Limited is headquartered at Adani Corporate House, Shantigram, Nr. Vaishno Devi Circle, S. G. Highway, Khodiyar, Ahmedabad – 382421, Gujarat, India.

Adani Ports and Special Economic Zone Ltd. , India's largest integrated transport utility, has announced that its marine platform Astro Offshore has contracted with Oceaneering International Inc., a US-based engineering and applied technology company, to pursue specialised offshore and subsea opportunities in Europe. The agreement, announced on May 12, 2026, marks a significant step in APSEZ's expansion into ultra-deepwater operations and international markets, further supporting its strategy to build one of the world's largest integrated marine platforms. Adding to the momentum, global brokerage Nomura has maintained a Buy rating on Adani Ports with a target price of ₹1,930, citing the Europe subsea expansion as a major boost to the marine business through increased international presence and enhanced operational capabilities.

Analyst View: Nomura's Outlook

Nomura's assessment highlights the strategic importance of the European subsea expansion, anchored by the introduction of the Astro Atlas vessel. The brokerage views the development as a meaningful catalyst for the marine segment, noting that management's FY31 targets appear achievable.

Strategic Significance of the Partnership

The contract combines Astro Offshore's expanding high-specification fleet with Oceaneering's deepwater engineering and remotely operated vehicle (ROV) expertise, enhancing capabilities in complex offshore operations while establishing a presence in the European market. Ashwani Gupta, Whole-time Director and Chief Executive Officer of APSEZ, commented on the development: "This development supports APSEZ's ambition to build a globally diversified marine platform. By combining Astro Offshore's expanding high-specification fleet with Oceaneering's deepwater engineering and ROV expertise, we are enhancing our capabilities in complex offshore operations while expanding into Europe."

Mark Humphreys, CEO of Astro Offshore, added: "The introduction of Astro Atlas significantly enhances our operational capability and underscores our continued investment in a modern, high-spec fleet, particularly in ultra-deepwater environments. As our largest and most capable vessel to date, she enables us to support a broader range of complex offshore operations and respond more effectively to evolving client requirements."

Astro Atlas: Fleet's New Ultra-Deepwater Vessel

Central to this expansion is the addition of Energy Savanah, which is to be renamed Astro Atlas, representing Astro Offshore's first ultra-deepwater vessel. For Astro Offshore, the introduction of Astro Atlas reflects its continued investment in strategically acquiring younger, high-spec vessels with advanced capabilities, strengthening its ambition to operate one of the industry's youngest and smartest fleets. The following table outlines the key specifications of the vessel:

The vessel is designed to support a wide range of offshore operations, including subsea construction, cable laying, and pipeline installation. Its advanced DP2 system and robust design support safe and efficient operations in challenging environments, enabling Astro Offshore to enter the ultra-deepwater segment and access more complex, high-value offshore projects.

Subsea Operations: Scope and Capabilities

Subsea activities involve specialised underwater engineering critical to offshore energy and marine infrastructure projects. Key operational areas supported by this capability include:

• Cable laying and pipeline installation
• Underwater construction
• Inspection, maintenance, and intervention
• Deepwater operations requiring advanced ROV systems

These projects require advanced vessels, ROV systems, and high-end operational capabilities—areas where the Astro Offshore and Oceaneering partnership is positioned to deliver.

APSEZ's Long-Term Marine Platform Ambitions

This development aligns with APSEZ's broader strategy to build one of the world's largest integrated marine platforms spanning logistics, offshore support, underwater engineering, and deepwater infrastructure services. The company's long-term roadmap includes the following targets:

Astro Offshore, headquartered in Dubai, currently operates a growing fleet of over 50 vessels, including MPSVs, diesel-electric PSVs, AHTS, and ballastable barges, with newbuilds joining in the coming months. The company's operations span the Middle East, Africa, and Asia, and this European expansion represents a further extension of its global footprint. APSEZ operates a comprehensive ecosystem of 15 ports and terminals across India's coasts and 4 international ports across Australia, Colombo, Israel, and Tanzania, commanding approximately 27% of India's total port volumes with a current cargo handling capacity of 653 million tonnes per annum. The company also operates a diversified marine fleet of 136 vessels and integrated logistics capabilities including 12 multi-modal logistics parks, 3.1 million sq. ft. of warehouses, and 25,000+ trucks operating on its proprietary platform. Recognised among the Top 5% of global transportation and transportation infrastructure firms in the 2025 S&P Global Corporate Sustainability Assessment (95th percentile globally), APSEZ targets 1 billion tonnes throughput by 2030.