TOTAL YACHT SALES

Q1 2023 Overview

SOURCE: SUPERYACHT IQ

Q1 2023 GLOBAL YACHT SALES - SNAPSHOT

TOTAL VALUE SOLD $1 BILLION

VALUE $11.7 MILLION

MOST EXPENSIVE €175 MILLION (AMELS 8003)

(90M FEADSHIP)

LARGEST SAILING YACHT SILENCIO (50M PERINI NAVI)

YACHTS SALES NEW BUILD VS USED YACHTS (%)

YACHT SALES BY CLOSING LOCATION (%)

6% 19% 74%

Used New Build

Europe United States Rest of the World

Yacht Sales By Vessel Type

SAILING YACHT TRANSACTIONS RESISTED BETTER THAN MOTOR ONES VERSUS Q1 2022

‣ SAILING YACHT SALES HAVE REMAINED STABLE, WITH APPROXIMATELY 17 SAILING YACHTS SOLD QUARTERLY

‣ BOTH MOTOR AND SAILING YACHT SALES DOWN COMPARED TO Q1 2022, -57% FOR MOTOR YACHTS AND -46% FOR SAILING YACHTS

Of Yachts Sold By Deal Type

SLOWER Q1 2023 IN BOTH NEW BUILD AND USED, COMPARED TO PREVIOUS YEARS

‣ 2023 STARTED WITH 145 SALES DEALS TO DATE, -56% VERSUS Q1 2022

QUARTERLY YACHT SALES 2019 - 2023 YTD

Q1 2023 At Its

5 Years

Value Of Yachts Sold By Deal Type

BOTH NEW BUILD AND BROKERAGE VESSELS WERE SOLD AT A HIGHER ASKING PRICE COMPARE TO PREVIOUS YEARS

AVERAGE LENGTH & VALUE OF YACHTS SOLD BY DEAL TYPE (Q1 2019 - Q1 2023)

‣ BROKERAGE YACHTS SOLD IN Q1 2023 SAW THEIR AVERAGE ASKING PRICE INCREASING VERSUS LAST YEAR (+65%)

‣ NEW BUILD YACHTS SOLD DURING Q1 2023 WERE MORE EXPENSIVE COMPARED TO Q1 2022 (+72%)

‣ THE AVERAGE LENGTH OF YACHTS SOLD IN Q1 2023 CONTINUED TO INCREASING REACHING 35,5 METERS

MONTHLY YACHT SALES 2019 - Q1 2023

FROM JUNE 2022 ONWARDS, INCLUDING Q1 2023, SALES HAVE BEEN LOWER VERSUS PREVIOUS YEARS

‣ MONTHLY DECLINE IN SALES OBSERVED DURING Q1 2023

Monthly Yacht Sales Value Q1 2023

MARCH IS THE MOST PROFITABLE MONTH IN Q1 2023 EVEN THOUGH THE NUMBER OF DEALS DROPPED

EVOLUTION OF YACHT SALES VALUE BY MONTH

‣ USED AND NEW COMBINED TOTAL SALES VALUE UP BY +111% BETWEEN FEBRUARY AND MARCH 2023

‣ MONTHLY SALES VALUE OF USED YACHTS JUMPED BY +58% IN MARCH VERSUS THE PREVIOUS MONTH

‣ IN MARCH 2023, NEW AND USED SALES VALUES OF YACHTS SOLD ARE NEARLY EQUAL

Yachts Sold By Size Range

STRONG YACHT SALES INCREASE IN THE 30-40 METERS AND ABOVE 50 METERS SIZE RANGES VERSUS Q1 2022

‣ 45% OF TOTAL SALES WERE BETWEEN 30-50 METERS - INCREASED COMPARED TO Q1 2022 (39%)

‣ SALES BETWEEN 40-50 METERS AT 13% - SIMILAR VERSUS Q1 2022 (12%)

‣ SALES ABOVE 50 METERS GREW TO REACH A SHARE OF 11% (6% IN Q1 2022)

Yacht Sales By Closing Location

EUROPE RECORDED AN INCREASE IN SALES, ACCOUNTING FOR 74% OF TRANSACTIONS IN Q1 2023

% SALES BY CLOSING LOCATION (REGION) Q1 2023

% SALES BY CLOSING LOCATION (COUNTRY) Q1 2023

‣ 74% OF TOTAL SALES CLOSED IN EUROPE (57% IN ITALY FOR ALL EU SALES ). EUROPEAN SALES REPRESENTED 60% IN Q1 2022

‣ ITALY ACCOUNTED FOR 42% OF TOTAL NUMBER OF SALES IN Q1 2023, THAT NUMBER WAS 34% IN Q1 2022

‣ 19% OF TOTAL SALES CLOSED IN THE US (65% FLORIDA). US SALES REPRESENTED 26% OF TOTAL TRANSACTIONS IN Q1 2022