SilverYachts and BIC Marine are proud to announce the launch of their joint partnership
that commenced on 28 January 2021, bringing together a pioneer of advanced, eco-fuel
efficient and award-winning vessels in SilverYachts and a high-growth, entrepreneurial
strategic and finance partner in BIC Marine.

BIC Marine, as the newest venture of the BIC Group, a Southeast-Asia based
conglomerate active in financial services, real estate and new energy economy, is
excited for the opportunity in becoming a strategic partner with SilverYachts.

Mr. Yim Leak, BIC Group’s chairman and an enthusiastic yachtsman, announced that
“BIC is looking forward to our strategic partnership with SilverYachts and are confident
that this is but the first step of a prosperous and exciting relationship going forward”.

For SilverYachts, the partnership means first and foremost building on the success of its
Silver Loft Hull 005 (BOLD), with an exciting yet subtle evolution to the original Silver
Loft taking shape in the form of Hull 006 (the 85 metre Project Silver World Explorer).
Construction is well underway, due for launch in April 22 and for sale.

Jointly, SilverYachts and BIC Marine will work together to expand SilverYachts’ ever
increasing global brand recognition to focus on Southeast-Asia in particular, BIC
Marine’s home market. As new marketing partner for the ASEAN region, focusing on
Thailand, Malaysia, Indonesia, Cambodia and Vietnam, BIC Marine is well primed to bring
the SilverYacht proposition to an exciting, high-growth region to the yachting world.

Of particular interest is the new SpaceCat, an advanced, high-capability and flexibility 35
metre vessel currently under build and which is slated to be built as a series vessel
ideally suited to the region. With its various business hubs spread across the region,
whether in Bangkok, Phuket, Phnom Penh or Sihanoukville, BIC Marine will add
significant regional coverage and local representation to SilverYachts’ expanding
portfolio of cutting-edge, high-performance and efficient vessels.