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CORE VALUES Accountability: We always come through. We are committed to holding ourselves, and our partners, accountable-always. We collaborate. Because we know the best work comes from partnership. Our customer is at the table with us at every step-making critical decisions, settling differences, building alignment, and moving the strategy forward. Innovation: The most original and unexpected solution. We drive i nnovation-in both technology and our approach to business-helping to lead our industry toward unimaginable change. We attract, empower, and retain industry-leading and innovative problem solvers who share an entrepreneurial spirit. We take on the problems no one else in the industry can or will. Where some see obstacles or deterrents, we see opportunity and possibility, and we know that we have the talent and ingenuity to tackle any challenge. Forward-leaning: We can’t wait for tomorrow. We are future-focused-out in front, a step or two ahead, and hard wired to anticipate problems and solutions others aren’t yet thinking of. We embrace the urgency in the work we do, and we operate as if the future depends on it. As a company that delivers research and development quickly and can adapt on a dime-a company that gets things done at the same pace technology changes-we can keep the US competitive with advancing world powers. Living Our Values At PacMar Technologies (PMT), we live our core values every day. From delivering outstanding results for our customers, to collaboration within our employee teams, we take pride in demonstrating our values of “Accountability”, “Innovation”, and “Forward-leaning” through our words and actions. Our Code of Business Conduct and Ethics provides guidance on carrying out daily activities in accordance with PMT’s values, as well as in compliance with the letter and spirit of applicable laws and ethical principles. Our commitment to ethics, compliance, and corporate integrity is steadfast and reliable. We believe it provides the base for trust in relationships with our customers, suppliers, and all the company’s stakeholders. We maintain and support policies and procedures, controls, investigation and remediation, training, and due diligence.

PacMar Technologies Wins DARPA Award for AUV Article by Communication Staff Honolulu, HI — 26 MAY 2020 — The Defense Advanced Research Projects Agency (DARPA) has awarded PacMar Technologies a $5.5 million contract for Phase One of the Manta Ray program. This contract was awarded through a competitive bidding process after bids were solicited via an open Broad Agency Announcement in June 2019. The program funds research, development, and demonstration of critical technologies for a new class of long-duration, long-range, unmanned underwater vehicles capable of carrying large payloads. The program’s goal is to advance the state of technology for this new class of underwater vehicle in the areas of novel energy management and harvesting; low-power, high-efficiency propulsion systems; efficient navigation, mission management, command, control and communications during long-duration deployments; and techniques to mitigate biofouling, corrosion, and other material degradation. Artist’s concept of Manta Ray UUV. Image credit: DARPA Public Affairs . “PacMar Technologies is thrilled to support DARPA in developing this novel class of undersea vehicles that are responsive to a critical need identified in the National Defense Strategy,” said Dan Brunk, PacMar Technologies' Chief Executive Officer. “This project complements our growing portfolio of R&D work on advanced power and energy systems, autonomy, and unmanned robotic vehicles for the undersea, surface, ground and air domains.” Key subcontractors on this program include the Applied Physics Laboratory at the University of Washington (APL-UW) in Seattle, WA which has expertise in unmanned underwater vehicle autonomy and controls; North Carolina State University (NCSU) in Raleigh, NC which has expertise in underwater energy harvesting; and Systems & Technology Research (STR) in Arlington, VA, which has expertise in undersea systems operations, sensors, communications, and signal processing. About PacMar Technologies PacMar Technologies is a leading provider of innovative research and development services for the Department of Defense, NASA, and other government agencies. Historically a provider of naval architecture and modeling and simulation services, its portfolio has diversified to encompass digital twins, power and energy systems, unmanned vehicles, robotics, autonomy, AI/ML, data science, inflatables, composites, and additive manufacturing. Since its founding in Hawaii in 1979, PacMar Technologies has grown to open offices in Rhode Island, Maine, Virginia, Michigan, South Carolina, and Oklahoma. » back to News » back to Hom epage

Celebrating our Commitment to Green Energy: Earth Day 2021 Article by Communications Staff PacMar Technologies (PMT) is celebrating Earth Day 2021 by reflecting on our programs – past, present, and future – that contribute to better research or application of green energy. Headquartered in Honolulu, Hawaii, PMT’s connection to the ocean and the planet is undeniable – the company actively seeks projects that harvest, improve efficiency, or employ renewable energy sources, while at the same time, working to find better more efficient ways to clean-up our oceans. A sample of past and current projects include: Innovation and efficiency in hull design. Improved electric propulsion systems. Inflatable technology with flexible solar panels for at-sea renewable energy. Using CFD (computational fluid dynamics) to calculate accelerated speeds which oil booms can identify, collect and store oil spills. OTEC (Ocean Thermal Energy Conversion) and WEC (Wave Energy Conversion) design research and utility-scale power storage design research. Pictured is PMT’s Applied Engineering division (located at Pier 24 in Hawaii). This shipyard facility on an independent microgrid that is powered by a solar canopy and Tesla batteries. “PMT is known for its innovative research and prototyping approach to solve national problem sets. Our commitment to problems impacting the nation has led us to think about how our work can benefit the environment. Whether its rapidly deployable solar arrays, electric propulsion, or energy harvesting, we welcome the opportunity to dig into green energy solutions,” said Priya Hicks , Chief Technology Officer at PMT. Last year, a team of PMT Hawaii engineers won the Ocean Observing Prize DISCOVER competition , with a submission that integrated a rapidly installed breakwater (RIB) structure into an attenuating wave energy converter (WEC) that would generate power for UUV (unmanned underwater vehicles) charging while simultaneously creating a sheltered area for improved surface docking. “As I work on specific contracts, I always try my best to apply a renewable energy approach – when applicable – as a solution. A lot of the things we end up building are made for the ocean, so it is natural to look around at the natural environment – the sun, wind, or ocean currents for alternative sources of energy,” said Patrick Montolio, Mechanical Engineer, PMT (a teammate of the winning submission to the Ocean Observing Prize DISCOVER competition). More recently PMT held a crowdsourcing event that generated nearly 20 entries of ideas on future projects. The PMT leadership team chose three projects, two of which included green energy solutions: an inflatable solar array that would serve as charging station in a maritime environment and an electric hybrid emergency response vehicle during catastrophic events. “Many of our current employees are passionate about green technology, and we recognize this field will be a priority for the engineers of tomorrow. Being a leader in green energy not only helps our customers, but it also helps us to provide meaningful, innovative project opportunities to our employees,” said Karen Ernst, SVP of Talent and Culture, PMT. Eric Schiff, SVP of Operations and Administration also shared that “while Earth Day is only one day in April, we encourage our employees to find environmentally friendly solutions every day – both for our customers and within our own operations. We are proud of our deep connection to the ocean and see a bright future in the green engineering solutions of tomorrow.” » back

Gary Shimozono Senior Vice President – Engineering & Technology Gary Shimozono is the Senior Vice President of Engineering & Technology at PacMar Technologies. He brings 45 years of Research and Development engineering experience to the company. Since 1995, Gary has served as Principal Investigator for many PMT projects, including those involving the design, construction, and testing of lifting body vessels- ranging in size from 50 to 300 long tons. These highly specialized vessels employ subsurface bodies, generating lift through displacement and dynamic lift. He was directly involved with the hydrodynamic and mechanical design aspects of these technology demonstrators. Currently, Gary is working on the development of a large amphibious, multi-tank capable transport vehicle (UHAC) and has completed multiple projects involving inflatable drop-stitch structures. Prior to joining the company, Gary worked for 18 years at Hughes Aircraft, Missile Systems Group, where he held mechanical engineering and project responsibilities for a ballistic missile interceptor and other prototype missiles. Gary holds both a Bachelor’s degree and Master’s degree in Mechanical Engineering from the University of Hawaii. » back Corporate Team

New Portland Office Space Article by Communications Staff September 2021 – PacMar Technologies’ Portland office has moved to the Portland Yacht Services (PYS) complex, Building D! This will be home to our Electric Propulsion Test Facility inside the 5,000 square foot workshop/fabrication space and provide office space for 24 employees. Locating on PYS is no accident, as it provides waterfront access for our maritime technology demonstrators. We are excited about the new space and look forward to our future here! » back

PacMar Technologies expanding footprint Article by Communications Staff PacMar Technologies is proud to announce its collaboration with local university partners, the opening of five new offices throughout the United States. Ann Arbor, Michigan; Columbia, South Carolina; Bangor, Maine; Stillwater, Oklahoma and Wichita, Kansas will each receive significant capital investments resulting in at least, 50 new, high-paying, full-time jobs. With each new office opening, it allows each state to retain their homegrown, highly technical graduates benefitting their local economies on many levels. We at PacMar Technologies are excited about the growth of our company, and we are definitely excited to help America grow. » back

Dan Brunk Chief Executive Officer Dan Brunk is the Chief Executive Officer of PacMar Technologies. Dan joined the team in June 2020 following 30 years as a submarine officer in the U.S. Navy. His final assignment was as the Navy Assistant to the Defense Advanced Research Projects Agency (DARPA) Director. While in the Navy, Dan commanded the fast attack submarine USS HELENA (SSN 725) and was executive officer of the ballistic missile submarine USS NEVADA (SSBN 733) (Gold Crew). He has deployed to the Western Pacific, the Northern Atlantic, the Mediterranean Sea, and completed three Strategic Ballistic Missile Submarine Deterrent Patrols. While in command of HELENA, he led his crew in earning a Meritorious Unit Commendation for service on deployment to the Western Pacific and participated in Ice Exercise 2009 spending 30 days submerged under the Arctic ice pack. Other assignments have included: The Chief of Naval Operations Staff for Operations, Plans and Strategy; the Deputy Director of the Farragut Technical Analysis Center at the Office of Naval Intelligence, the Joint Chiefs of Staff Intelligence Directorate, the Pacific Fleet Nuclear Propulsion Examination Board, and a Company Officer at the U.S. Naval Academy. Dan holds a Master of Science in Engineering Management from The George Washington University, a Bachelor of Science in Control Systems Engineering from the U.S. Naval Academy, and is a graduate of the Naval War College. » back Corporate Team

Meet Charlie F. Article by Communications Staff Q. A. Q. A. Q. A. Q. A. Q. A. CHARLIE F. Senior Engineer, Naval Architecture & Marine Engineering Honolulu Office What is your role at PacMar Technologies? I am a mechanical engineer in the naval architecture and marine engineering division, and I primarily work on computational fluid dynamics (CFD), which means I do a lot of computer simulations of boats and surface vehicles. What do you like about working at PacMar Technologies? I love my job at PacMar Technologies because it constantly challenges me. I usually work on multiple projects at once, where I am shifting between different ideas and concepts. My work is always very active and exciting. What motivates you each day? What motivates me the most is the curiosity behind solving different problems. Often times I’ll leave work with a CFD solution or simulation running thinking I might fix some problem – and then in the morning, I am eager to check on the run and see what happened overnight. I like digging into the science, asking questions, and constantly trying to solve problems. How do you define success? I don’t like to compare myself to other people, but I do like to be compete with myself. If I feel like I’ve done the best that I can do, that is what I consider a success. How do you make a difference here with your job? From early design stages to manufacturing, I get to see concepts that go from thoughts in our minds, to the computer, all the way to a full-scale prototypes. It is pretty cool stuff! » back Join Our Team

PMT Celebrates the Navy’s Birthday » back to News Article by Communications Staff Photo Credit: Gray Gibson/U.S. Navy via AP This month PMT celebrates the U.S Navy’s 246th birthday. As a proud supporter of the Office of Naval Research (ONR), PMT has been working with ONR on projects for over 40 years in areas like small/large boats/ships design, science, technology and research – contributing to the ever-evolving capabilities of today’s Fleet. This year, the theme of the Navy’s birthday celebration is “Resilient and Ready”. The Navy has a history of overcoming any challenge, including the ongoing global pandemic. Here at PMT we face challenges everyday but live by this same motto as we strive to do our best work and are excited to continue to support Navy programs now and into the future. PMT wanted to reflect on a few of our notable past and present ONR projects. Pictured: Seaflyer, Lifting-Body Technology Demonstrator. Pictured: Ultra Heavy-Lift Amphibious Connector (UHAC), MDG built a half-scale prototype of a ship-to-shore connector. Pictured: BLB-65. This boat has a dihedral bow lifting body (BLB) with trailing edge flaps, active control system, and designed for efficiency and seakeeping. Pictured: ORADTS program. This project combined all of PMT ’s capabilities to create an at-sea automated refueling and data transfer system for unmanned surface vehicles. The resulting system, which was generated using in-house CFD and physics-based motion simulation and optimization, decoupled the motions of the capture mechanism from the host platform enabling more reliable transfer of fuel and data regardless of sea-state Pictured: DARPA Manta Ray program. This program seeks to develop a new class of long-duration, long-range, payload-capable UUVs at an acquisition and lifecycle cost significantly less than current payload-capable UUVs. Pictured: Under the IMS program, PMT built a 36 ft medium-scale vessel in support of towing drop stitch inflatable structures as well as advancing automation, controls, and autonomous capability across a range of sub-systems in support of that program. Pictured: Sea Slice was a 105’ high-speed low-motion SWATH demonstrator built and tested for ONR by PMT and Lockheed Martin. » back to top

Navy SeaPort-Next Generation (SeaPort-NxG) Multiple-Award Contract (MAC) Article by Communications Staff The Navy has awarded 600 indefinite-delivery/indefinite-quantity (IDIQ) multiple award contracts (MACs) to businesses in multiple locations across 29 of the 50 United States and the District of Columbia for future competition of support service requirements to be solicited by Department of the Navy activities under rolling admissions of the SeaPort Next Generation (SeaPort-NxG) multiple-award contract vehicle for engineering support services and program management support services in 23 functional areas. The government estimates approximately $5 billion worth of services will be procured per year via orders issued under the SeaPort-NxG multiple award contracts. These MACs have a 2.5-year base period of performance with an additional five-year ordering period option. These contracts were competitively procured via Federal Business Opportunities (FedBizOps), with 620 offers received. No contract funds will be obligated on the basic MAC awards. SeaPort-NxG is managed by the NAVSEA (http://www.seaport.navy.mil/ ) out of the Naval Surface Warfare Center (NSWC), Dahlgren Division in Dahlgren, VA (N00178-21-R-7000). PacMar Technologies is a SeaPort-NxG prime contract holder. » ba ck

James Ota Comptroller/Contracts Officer James Ota is the Contracts Officer and Controller at PacMar Technologies. As head of the Contracts department, James oversees the execution of all contracts and subcontracts for the company as well as the tracking of project budgets and export control compliance. As head of the Accounting department, James monitors the accuracy of the company’s financial records, manages it cash flow, and is responsible for maintaining the company’s regulatory compliance in matters such as tax and insurance. James has 15+ years of professional experience working as a tax attorney at Chun Kerr and a certified public accountant at Deloitte, PricewaterhouseCoopers, and Accuity doing tax and consultation work. James was born and raised in Hawaii and received a Bachelor of Business Administration, Master of Accounting, and Juris Doctorate from the University of Hawaii at Manoa. James is fluent in Japanese. » back Corporate Team

PRIVACY POLICY Privacy Policy Effective date: July 26, 2019 PacMar Technologies (“us”, “we”, or “our”) operates the https://pacmartech.com website and the PacMar Technologies mobile page mobile application (hereinafter referred to as the “Service”). This page informs you of our policies regarding the collection, use and disclosure of personal data when you use our Service and the choices you have associated with that data. We use your data to provide and improve the Service. By using the Service, you agree to the collection and use of information in accordance with this policy. Unless otherwise defined in this Privacy Policy, the terms used in this Privacy Policy have the same meanings as in our Terms and Conditions. Definitions Service Service means the https://pacmartech.com website and the PacMar Technologies mobile page mobile application operated by PacMar Technologies Personal Data Personal Data means data about a living individual who can be identified from those data (or from those and other information either in our possession or likely to come into our possession). Usage Data Usage Data is data collected automatically either generated by the use of the Service or from the Service infrastructure itself (for example, the duration of a page visit). Cookies Cookies are small files stored on your device (computer or mobile device). Data Controller Data Controller means the natural or legal person who (either alone or jointly or in common with other persons) determines the purposes for which and the manner in which any personal information are, or are to be, processed. For the purpose of this Privacy Policy, we are a Data Controller of your Personal Data. Data Processors (or Service Providers) Data Processor (or Service Provider) means any natural or legal person who processes the data on behalf of the Data Controller. We may use the services of various Service Providers in order to process your data more effectively. Data Subject (or User) Data Subject is any living individual who is using our Service and is the subject of Personal Data. Information Collection and Use We collect several different types of information for various purposes to provide and improve our Service to you. Types of Data Collected Personal Data While using our Service, we may ask you to provide us with certain personally identifiable information that can be used to contact or identify you (“Personal Data”). Personally identifiable information may include, but is not limited to: Email address First name and last name Phone number Address, State, Province, ZIP/Postal code, City Cookies and Usage Data Usage Data We may also collect information that your browser sends whenever you visit our Service or when you access the Service by or through a mobile device (“Usage Data”). This Usage Data may include information such as your computer’s Internet Protocol address (e.g. IP address), browser type, browser version, the pages of our Service that you visit, the time and date of your visit, the time spent on those pages, unique device identifiers and other diagnostic data. When you access the Service with a mobile device, this Usage Data may include information such as the type of mobile device you use, your mobile device unique ID, the IP address of your mobile device, your mobile operating system, the type of mobile Internet browser you use, unique device identifiers and other diagnostic data. Tracking Cookies Data We use cookies and similar tracking technologies to track the activity on our Service and we hold certain information. Cookies are files with a small amount of data which may include an anonymous unique identifier. Cookies are sent to your browser from a website and stored on your device. Other tracking technologies are also used such as beacons, tags and scripts to collect and track information and to improve and analyse our Service. You can instruct your browser to refuse all cookies or to indicate when a cookie is being sent. However, if you do not accept cookies, you may not be able to use some portions of our Service. Examples of Cookies we use: Session Cookies. We use Session Cookies to operate our Service. Preference Cookies. We use Preference Cookies to remember your preferences and various settings. Security Cookies. We use Security Cookies for security purposes. Use of Data PacMar Technologies uses the collected data for various purposes: To provide and maintain our Service To notify you about changes to our Service To allow you to participate in interactive features of our Service when you choose to do so To provide customer support To gather analysis or valuable information so that we can improve our Service To monitor the usage of our Service To detect, prevent and address technical issues Legal Basis for Processing Personal Data under the General Data Protection Regulation (GDPR) If you are from the European Economic Area (EEA), PacMar Technologies legal basis for collecting and using the personal information described in this Privacy Policy depends on the Personal Data we collect and the specific context in which we collect it. PacMar Technologies may process your Personal Data because: We need to perform a contract with you You have given us permission to do so The processing is in our legitimate interests and it is not overridden by your rights To comply with the law Retention of Data PacMar Technologies will retain your Personal Data only for as long as is necessary for the purposes set out in this Privacy Policy. We will retain and use your Personal Data to the extent necessary to comply with our legal obligations (for example, if we are required to retain your data to comply with applicable laws), resolve disputes and enforce our legal agreements and policies. PacMar Technologies will also retain Usage Data for internal analysis purposes. Usage Data is generally retained for a shorter period of time, except when this data is used to strengthen the security or to improve the functionality of our Service, or we are legally obligated to retain this data for longer periods. Transfer of Data Your information, including Personal Data, may be transferred to – and maintained on – computers located outside of your state, province, country or other governmental jurisdiction where the data protection laws may differ from those of your jurisdiction. If you are located outside United States and choose to provide information to us, please note that we transfer the data, including Personal Data, to United States and process it there. Your consent to this Privacy Policy followed by your submission of such information represents your agreement to that transfer. PacMar Technologies will take all the steps reasonably necessary to ensure that your data is treated securely and in accordance with this Privacy Policy and no transfer of your Personal Data will take place to an organization or a country unless there are adequate controls in place including the security of your data and other personal information. Disclosure of Data Legal Requirements PacMar Technologies may disclose your Personal Data in the good faith belief that such action is necessary to: To comply with a legal obligation To protect and defend the rights or property of PacMar Technologies To prevent or investigate possible wrongdoing in connection with the Service To protect the personal safety of users of the Service or the public To protect against legal liability Security of Data The security of your data is important to us but remember that no method of transmission over the Internet or method of electronic storage is 100% secure. While we strive to use commercially acceptable means to protect your Personal Data, we cannot guarantee its absolute security. Our Policy on “Do Not Track” Signals under the California Online Protection Act (CalOPPA) We do not support Do Not Track (“DNT”). Do Not Track is a preference you can set in your web browser to inform websites that you do not want to be tracked. You can enable or disable Do Not Track by visiting the Preferences or Settings page of your web browser. Your Data Protection Righ ts under the General Data Protection Regulation (GDPR) If you are a resident of the European Economic Area (EEA), you have certain data protection rights. PacMar Technologies aims to take reasonable steps to allow you to correct, amend, delete or limit the use of your Personal Data. If you wish to be informed about what Personal Data we hold about you and if you want it to be removed from our systems, please contact us. In certain circumstances, you have the following data protection rights: The right to access, update or delete the information we have on you. Whenever made possible, you can access, update or request deletion of your Personal Data directly within your account settings section. If you are unable to perform these actions yourself, please contact us to assist you. The right of rectification. You have the right to have your information rectified if that information is inaccurate or incomplete. The right to object. You have the right to object to our processing of your Personal Data. The right of restriction. You have the right to request that we restrict the processing of your personal information. The right to data portability. You have the right to be provided with a copy of the information we have on you in a structured, machine-readable and commonly used format. The right to withdraw consent. You also have the right to withdraw your consent at any time where PacMar Technologies relied on your consent to process your personal information. Please note that we may ask you to verify your identity before responding to such requests. You have the right to complain to a Data Protection Authority about our collection and use of your Personal Data. For more information, please contact your local data protection authority in the European Economic Area (EEA). Service Providers We may employ third party companies and individuals to facilitate our Service (“Service Providers”), provide the Service on our behalf, perform Service-related services or assist us in analysing how our Service is used. These third parties have access to your Personal Data only to perform these tasks on our behalf and are obligated not to disclose or use it for any other purpose. Analytics We may use third-party Service Providers to monitor and analyse the use of our Service. Google Analytics Google Analytics is a web analytics service offered by Google that tracks and reports website traffic. Google uses the data collected to track and monitor the use of our Service. This data is shared with other Google services. Google may use the collected data to contextualise and personalise the ads of its own advertising network. For more information on the privacy practices of Google, please visit the Google Privacy Terms web page: https://policies.google.com/privacy?hl=en Links to Other Sites Our Service may contain links to other sites that are not operated by us. If you click a third party link, you will be directed to that third party’s site. We strongly advise you to review the Privacy Policy of every site you visit. We have no control over and assume no responsibility for the content, privacy policies or practices of any third party sites or services. Children’s Privacy Our Service does not address anyone under the age of 18 (“Children”). We do not knowingly collect personally identifiable information from anyone under the age of 18. If you are a parent or guardian and you are aware that your Child has provided us with Personal Data, please contact us. If we become aware that we have collected Personal Data from children without verification of parental consent, we take steps to remove that information from our servers. Changes to This Privacy Policy We may update our Privacy Policy from time to time. We will notify you of any changes by posting the new Privacy Policy on this page. We will let you know via email and/or a prominent notice on our Service, prior to the change becoming effective and update the “effective date” at the top of this Privacy Policy. You are advised to review this Privacy Policy periodically for any changes. Changes to this Privacy Policy are effective when they are posted on this page. Contact Us If you have any questions about this Privacy Policy, please contact us: By email: contact@pacmartech.com By phone number: 808.695-6643 By mail: 841 Bishop St. Ste. 1110, Honolulu, HI 96813, United States