Tidewater to Acquire Wilson Sons Ultratug Assets

Tidewater Marine International, Inc. and Tidewater Inc. entered into a sale and purchase agreement dated 22 February 2026 covering the sale and purchase of Wilson, Sons Ultratug Participações S.A. and Atlantic Offshore Services S.A. The agreement is executed by multiple seller entities within the Wilson Sons and Ultratug structure.

The filing includes detailed deal mechanics covering consideration, completion and post-completion adjustments, seller warranties, remedies and limitations on liability, and conditions to completion. The exhibit also references a Petrobras claim within the schedule of target companies and related matters.