Chase Defense Partners- JFD Partnership letter - Final June 2021 v1.0.pdf

Date: 30 June 2021

To Whom It May Concern, RE: CONFIRMATION OF CHASE DEFENSE PARTNERS AS JFD IN-COUNTRY PARTNER AND JFD SALES, REPAIR AND SERVICE CENTRE FOR MILITARY REBREATHERS AND ASSOCIATED DIVING EQUIPMENT

IN THE UNITED STATES.

This letter provides confirmation, and outlines the nature, of the longstanding relationship between JFD (formerly Divex) and Chase Defense Partners.

1. In February of 2014, Divex Ltd of Aberdeen and Chase Supply Inc. of Virginia, USA entered into a collaborative agreement to jointly assess opportunities for new military business in the USA, combining both parties’ extensive experience in the military diving equipment market. The Chase/Divex partnership then expanded in

2015.

2. Divex underwent a change of name and is now JFD Limited. JFD Limited (“JFD”) are a subsidiary of James

Fisher and Sons plc. In 2015 JFD officially designated Chase Supply Incorporated as the JFD sales, repair and service centre for military rebreathers and associated diving equipment. Chase Supply Inc is authorized to work directly with current and potential customers and act on behalf of JFD for sales, service and customer support in the United States. Chase Supply have now re-branded and are doing business as Chase Defense

Partners Inc.

3. In the event of the US Navy adopting JFD products into service, JFD and Chase Defense Partners will commit to the establishment of a service centre in an appropriate location to support the equipment in service. JFD and Chase are also actively looking at re-patriating capability for military specialist re-breathers into the USA.

This would involve building manufacturing, test and support capabilities of a high tech nature. This would demand a good level of specialist engineering and technician skills to be recruited in support of US

Government programmes.

4. In 2021, the Parties entered in to a Teaming Agreement which identifies the various JFD Products and

Services that the Parties may pursue and collaborate together on.

The Products and Services include all of the JFD life support related rebreathers and diving equipment for support of specialist diving operations.

5. Chase works in positive collaboration with JFD and is entitled to work directly with current and potential customers, and liaise with customers on behalf of JFD. Chase shall act as Prime Contractor to the customer for equipment and through life support, and JFD shall act as OEM sub-contractor to Chase.

Yours faithfully, Alistair Wilson Strategy, Sales & Marketing Director

JFD

jfdglobal.com

T: +44 (0)1224 740 145 F: +44(0)1224 740 172 E: enquiries@jfdglobal.com JFD, Enterprise Drive, Westhill, Aberdeen, AB32 6TQ, United Kingdom

JFD is a trading name of JFD Limited. Company Number: SC123684.

Registered Office: c/o James Fisher Offshore Ltd, North Meadows, Oldmeldrum, Aberdeenshire, AB51 0GQ, United Kingdom mailto:enquiries@jfdglobal.com