The Board of Directors, in the best interest of Oceanteam shareholders, will continue the strategic reorientation process of the Company and has asked Hans Reinigert to lead and manage the Company during this process. As such, Hans Reinigert will resign as Board Member and take up the position as CEO, thereby replacing Henk Hazenoot, effective 1 November 2021. To ensure a proper hand-over Henk Hazenoot will remain with the Company until 1 January 2022.