Ownership & Financial Structure

This offering has been designed for a buyer who desires the benefits of yacht ownership without assuming the full financial and operational burden alone.

Rather than purchasing 100% of the vessel, the majority owner acquires an 85%–90% ownership interest in Hull No. 004 while Windcraft Multihulls retains a 10%–15% minority ownership position. Windcraft's retained interest aligns incentives, ensures long-term support, and allows the company to remain actively involved in maintaining the vessel's condition, value, and overall ownership experience.

The majority owner retains primary scheduling priority, operational control, and decision-making authority regarding the vessel's use, cruising plans, and future disposition.

Estimated Project Cost

Current estimates for Hull No. 004 are as follows:

Estimated Cost

Adjusted Base Vessel Price: $400,000

Factory & Dealer Options: Approximately $159,000

Shipping: $50,000–$70,000

Import Duty / Tariffs: Estimated at Current Rates

Commissioning & Delivery Preparation $12,000–$20,000

Estimated Total Project Cost $700,000–$725,000

Estimated Ownership Investment

Based upon the current project estimate:

• 85% Ownership Interest: Approximately $595,000–$616,000

• 90% Ownership Interest: Approximately $630,000–$653,000

Final figures will depend upon selected options, shipping costs, tariff rates, and commissioning expenses at the time of delivery.

Ongoing Operating Costs

The majority owner and Windcraft will share ongoing vessel expenses in proportion to their ownership interests unless otherwise agreed.

Typical annual expenses may include:

• Marina or dockage fees

• Insurance

• Routine maintenance

• Bottom cleaning and haul-outs

• Service and repairs

• Equipment replacement and upgrades

• Registration and administrative costs

Windcraft Multihulls will coordinate and oversee these activities, allowing the owner to focus on enjoying the vessel rather than managing it.

Professional Management Advantage

Unlike traditional yacht ownership, this arrangement provides direct access to the authorized Seawind dealer, importer, and service provider for the Gulf States region.

Windcraft Multihulls will assist with:

• Warranty administration

• Maintenance scheduling

• Service management

• Vessel inspections

• Owner training and familiarization

• Cruising preparation

• Future resale and brokerage support

Exit Strategy & Future Flexibility

The ownership structure is designed to remain flexible.

The majority owner may choose to:

• Maintain the ownership arrangement long-term

• Acquire Windcraft's ownership interest in the future

• Increase ownership percentage over time

• Sell the vessel and realize proceeds according to ownership percentages

• Transition into another Seawind or larger multihull platform through Windcraft

This structure provides many of the benefits of sole ownership while reducing acquisition costs and ensuring ongoing professional support throughout the ownership experience.

Construction

• Construction is to ISO Standard Category A and all lamination specifications meet Australian survey and International

• Standards. Each vessel will have European CE Certification.

• Finish: Full female moulded hulls & decks, exterior gelcoat finish with moulded-in non-slip surface on deck areas.

• Hull Laminate: Infused Vinylester (Modified epoxy) resin laminate of the entire hull.

• Deck Laminate: Infused DCPD polyester (Modified vinylester) resin laminate.

• Hull & Deck Core Material: PVC closed cell foam core

Mast/Boom/Sails

• Clear anodised aluminium mast and boom. Single Spreader, 7/8 rig

• Standing Rigging:

• Forestay 3/8 (10mm) 1 x 19 Dyform wire.

• Sidestays 3/8 (10mm) 1 x 19 Dyform wire

• Diamonds 5/16 (8mm) 1 x 19 Stainless Steel wire

• All fitted with turnbuckles and T-ball end fittings.

• Halyards:

• Main halyard: 10 mm Spectra rope : Heavy duty shackle

• Jib halyard: 8 mm Spectra rope. Heavy duty shackle

• Topping lift: 8 mm rope, Heavy duty shackle

• Spinnaker halyard: 12mm rope with snap-shackle spliced to end.

• Boom outhaul: 10mm Spectra

• Single line reefing, run to helm. Three reefing points with 2 reef lines fitted.

• All halyards, reefing lines to be led back to cockpit through turning blocks, rope clutches

• Sheets:

• Main sheet: 10mm rope

• Main traveller: 8mm rope

• Jib sheet: 10mm rope

• Fully battened Dacron mainsail. Fibreglass sail battens

• Mainsail cover with integrated lazy jack system.

• Self-tacking headsail, curved headsail traveller track with end stops.

• Single line control sheet to cockpit.

Deck equipment

• Aluminium Hatches & portholes (9 in total)

• 4 x Forward Hatches

• 2 x Mid cabin hatches

• 1 x Port Bathroom window hatch

• 1 x Galley window hatch

• 1 x Aft Stbd Cabin window hatch

• Fibreglass Deck Hatches:

• 5 x Forward anchor & storage hatches

• 2 x Cockpit outboard engine access hatches

• 8 x Docking cleats. Three each side: bow, stern & amidships plus 1 each transom.

• 1 x Heavy duty mooring cleat on forward walkway

• Ventilation: 2 x forward cabin hatch vents

• Mast base turning blocks. All halyards & sail controls to cockpit

• 10 x Rope clutches

• 3 x Sheet winches : 2 x 45ST – 2 speed self tailing; 1 x 40ST – 2 speed self tailing

• Stanchions/Rails: High quality stanchions, bow rails and stern rails with 3 life-lines. With 800mm high lifelines to exceed CE requirements

• 2 x Side hinged fibreglass access gates with hand catches