Sif Holding n.v.(Sif) and Port of Rotterdam have agreed on the lease of an additional 20 hectares industrial land, adjacent to Sif’s existing operations at Maasvlakte 2 near Rotterdam. The expansion is expected to provide marshalling space and onshore support services for offshore wind. Sif has leased approximately 42 ha land at Maasvlakte 2 since 2015 for a 25-year period. On this land, Sif realized its assembly facility that was taken into operation in 2016. The quay facilities will be expanded by 200 meters by mid 2023. The quay will have a guaranteed nautical depth of 16.5m NAP, allows close-to-quay jacking and offers surface load of 10 Kn/m2. This demand is underpinned by an agreement between Sif and DEME Offshore for a contract on marshalling services starting October 2019 to support the Borssele 1&2 offshore wind farm. A total of 47 monopiles, 94 transition pieces and 94 anode cages will be shipped to Maasvlakte 2 from Denmark, Germany and the United Kingdom to be assembled and prepared for offshore construction. Sif will provide self-propelled modular transporters, gantry cranes, crawler cranes and telescopic cranes for onsite transportation and marshalling activities from it MV2 location. Double digit million-euro annual revenues are expected from the expansion plans are expected within two to three years according the Sif. The lease agreement and hand- over between Port of Rotterdam and Sif Holding of the additional 20 hectares land was formalized on 31 July 2019. The equipment for marshalling services is leased by Sif on a project- specific basis. Port of Rotterdam CEO Allard Castelein: "We are proud of the success of SIF Group in our port. Since the arrival of SIF Group in 2015, Rotterdam has been successful in strengthening its position in offshore wind. This expansion will enable this leading player in the market to develop even further. It confirms our policy of stimulating offshore wind and other offshore industry as an important growth market and to use our expertise, space and development strength to further this growth." Sif Holding CEO Fred van Beers: ”This 20 Ha extension perfectly fits our strategy to expand our services to the offshore wind industry with complex marshalling and terminal activities for offshore wind. This additional lease agreement is a further proof of our believe in the strong bond between Port of Rotterdam and SIF. We foresee a structural demand for these services and are proud to be selected by Deme Offshore who is our launching customer for these marshalling services when preparing and realizing their offshore wind project Borssele I-II”.