On March 17, 2026, Tidewater Inc. announced that Darron M. Anderson has notified the Board of Directors of his decision not to stand for reelection as a Director at the upcoming 2026 Annual Meeting of Stockholders. This decision is not due to any disagreement with the company regarding its operations, policies, or practices. Mr. Anderson will continue to serve as a Director and remain a member of the Audit Committee and Safety & Sustainability Committee until the expiration of his current term at the Annual Meeting. Following his resignation, the size of the Board will be reduced from eight to seven Directors. This change is part of the company's ongoing governance adjustments as it prepares for the upcoming meeting. The company has not indicated any immediate impact on its operational strategy or financial performance as a result of this leadership change. The resignation is categorized under Item 5.02 of the Form 8-K, which pertains to the departure of directors or certain officers. The filing also includes Item 9.01, which covers financial statements and exhibits related to the report.

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