Daehan Shipbuilding has secured a contract worth 271.3 billion won to build crude oil tankers from a European shipowner. This is a major order that exceeds 22% of the company's revenue last year.

According to Daehan Shipbuilding on the 27th, the company recently signed a contract with a European shipowner to build two 157,000 DWT crude oil tankers.

• *[Contract Overview]**
• Contract Amount: 271.3 billion won (271,300,000,000 won)
• Contract Period: July 24, 2026 ~ December 31, 2029
• Ratio to Revenue: 22.09% (compared to consolidated revenue of 1.2281 trillion won in 2025)

The end date of this contract is based on the vessel delivery date and may change depending on the progress of future construction.

The counterparty is a European shipowner whose specific company name has not been disclosed for confidentiality reasons. A down payment and progress payments will be made, with payments received based on construction progress.

The company explained that the contract amount was converted to Korean won using the initial exchange rate on the contract date of 1,469.40 won per U.S. dollar, and that the recent revenue figure was calculated based on the 2025 consolidated financial statements.