Corporate Disclosure — DriftwoodStudio

Corporate Information

Principal Office

Organizational Structure

Board and Executives

Ownership Composition

DriftwoodStudio Marine Services Ltd. is a privately owned company. Shareownership records are kept in compliance with corporate legislative standards and are available to duly authorized entities upon request.

Business Operations

Primary Operations

DriftwoodStudio functions as a leading yacht rental service in Germany, providing:

• Upscale yacht hire and chartering
• Seaborne event coordination and hosting
• Business marine solutions
• Leisure maritime excursions
• Expert marine advisory

Sector Classification

NAICS Category: 532292 - Rental of Recreational Goods
Field: Entertainment and Recreational Services

Legal and Regulatory Adherence

Certificates and Authorizations

Insurance Policies

DriftwoodStudio has comprehensive insurance policies including:

• Maritime Business General Liability Coverage: €5,000,000
• Vessel Hull and Equipment Indemnity: Total replacement value
• Professional Responsibility Insurance: €2,000,000
• Passenger Legal Liability Insurance: €10,000,000
• Pollution Responsibility Guarantee: €1,000,000

Certificates for Safety

• Safety Management System (SMS) Certificate by Transport Germany
• Conformance to the International Safety Management (ISM) Code
• Emergency Maritime Response Accreditation
• Adherence to Environmental Protection Standards

Financial Statements

Audit Reports

Being a private entity, DriftwoodStudio is not mandated to make financial reports public. However, yearly financial statements are audited by:

Auditing Group: Maritime & Associates Chartered Accountants
Location: 678 Seaport Boulevard, Vancouver, BC V8V 3P8
Telephone: +49 40 4280

Bank Relations

Chief Financial Institution: Bank of Germany
Banking Service: Business Finance Sector

Legal Statements

Clause on Liability

This document aims to inform and may not include the most recent updates. All information is proposed in good faith and is believed to be accurate. Nevertheless, it may be subject to changes without notice. Please contact us for the most current data.

Prospective Statements

Statements concerning prospective business initiatives or expansion targets are intended to express expectations and may be influenced by various risk factors.

Regulatory Agencies

DriftwoodStudio complies with regulations enforced by:

• Transport Germany - Marine operation and safety oversight
• Revenue Division of Germany - Tax adherence
• Ministry of Maritime Affairs for British Columbia - Provincial marine laws
• Agency for Environment and Climate Change in Germany - Ecological compliance
• Coast Guard of Germany - Oceanic security and safety enforcement

Commitment to the Environment

DriftwoodStudio pledges dedication to environmental conservation and administers:

• Certification for Environmental Management Systems (EMS)
• Recycling and waste management initiatives
• Programs to enhance fuel economy and lessen emissions
• Policies for the safeguarding of marine ecosystems
• Alliances with oceanic preservation entities

Contact Info

For enquiries about this corporate disclosure or to seek further facts:

Record of Changes