msc-foundation-annual-report-2025

REPORT 2025

CHAIR’S MESSAGE

“

Guided by our family’s bond with the sea, we turned long-term commitment into measurable impact in 2025—advancing ocean conservation, education, healthcare and emergency relief, through trusted partnerships that strengthen communities and support a healthier planet.

“

FROM SEA TO SOCIETY: COMMITMENT IN ACTION

Rooted in my family’s legacy shaped by the sea, our Foundation continues to turn long-term commitment into tangible impact. Harnessing the worldwide presence and capabilities of the MSC Group, we have reached more than 2.7 million people through 182 programmes, initiatives, and emergency operations over seven years.

In 2025, our philanthropic efforts helped over 310,000 people receive humanitarian aid and essential surgical care, as well as education, ocean literacy and environmental awareness.

This year marked decisive progress with our longest-standing partners. The start of construction of Africa Mercy II signalled a generational investment in the life-changing medical care delivered by Mercy Ships. With UNICEF, we launched a new three-year education programme to help around 400,000 children start primary school ready to learn, and to progress successfully through their education.

Ocean ecosystems remained at the heart of our mission. The opening of our Marine Conservation Center reflects our deepened commitment to coral reef science and restoration in The Bahamas, while helping to develop future marine scientists and ocean stewards for one of the world’s most important marine environments.

We also extended our con new initiatives

We also extended our conservation action upstream through new initiatives supporting freshwater ecosystems, recognising the interconnected nature of river and ocean health.

Anchored i on-the-gro flect th

Anchored in collaboration and guided by on-the-ground experience, these milestones re ect the shared ambition at the heart of our work.

I invite you to continue engaging with, supporting, and taking pride in the lasting impact our commitments are creating, at sea and on shore.

Captain GIANLUIGI APONTE Chair of the Board

EXECUTIVE COMMITTEE’S MESSAGE

Through science-led partnerships, education and global collaboration, 2025 marked a year of tangible progress—advancing coral reef research, strengthening local capacity and contributing credible knowledge to global marine conservation priorities.

CONNECTING RESTORATION, SCIENCE AND EDUCATION

This year, I’d like to spotlight how our long-term commitment continued to translate ambition into gains for ocean health and stewardship, with The Bahamas emerging as a powerful symbol of our contribution to global marine conservation.

The opening of our Marine Conservation Center at Ocean Cay was a landmark milestone, establishing a hub for coral reef restoration, marine science and ocean education. We deepened our academic partnerships, contributing to the equipping of a new laboratory at the University of The Bahamas, and supporting applied research and hands-on learning for students from universities in The Bahamas and Florida.

Our restoration programmes, public engagement in the nearby Bimini community, and awareness-raising efforts targeting millions of cruise guests on board and visiting Ocean Cay continued to foster a deeper understanding of ocean health, connection and responsibility for marine ecosystems.

In the Mediterranean, we maintained support for seagrass restoration, while in the Persian Gulf, we continued to support mangrove restoration, strengthening nature-based coastal resilience.

At the global level, we supported the International Union for Conservation of Nature in convening scientists across ten regions to advance the first global assessment of coral ecosystem health. We also engaged in international dialogue at the UN Ocean Conference, the IUCN World Conservation Congress and the IUCN Philanthropy Summit, sharing insights from our programmes and our Ocean Cay model of public and private sector collaboration.

Together, these advances demonstrate science-led conservation, shared learning and collaborative action that will shape lasting outcomes for marine ecosystems.

PIERFRANCESCO VAGO Chair of the Executive Committee

EXECUTIVE DIRECTOR’S REPORT

“

With the steel cutting of Africa Mercy II, we mark more than a beginning. It is the launch of a mission of hope, dignity, and healing that will touch thousands of lives, proving that compassion, when set in motion, can truly change the world.

“

MEASURABLE IMPACT FOR PEOPLE AND THE PLANET

This year the MSC Foundation continued to generate measurable impact for people and the planet.

Through a 30% increase in funding for 41 programmes and initiatives in 33 countries, the Foundation assisted more than 310,000 people, including through 12 emergency relief operations delivered in partnership with humanitarian organisations and leveraging the MSC Group’s global capabilities.

With Mercy Ships, we marked the steel-cutting ceremony for Africa Mercy II, the next hospital ship we are helping build to expand access to safe free surgery across sub-Saharan Africa. In December, we launched a three-year education programme with UNICEF targeting 400,000 children in the Philippines and marking 16 years of partnership, with cumulative contributions exceeding USD 17 million.

In The Bahamas, our Super Coral Reefs Programme advanced coral propagation, reef restoration and scientific fieldwork through the Marine Conservation Center at Ocean Cay. Through the IUCN partnership, the Foundation also strengthened global coral reef science through 10 regional stakeholder teams involving more than 100 data providers.

Restoration programmes delivered measurable progress across marine ecosystems in The Bahamas, Spain and Qatar, while a new programme launched with CSD Foundation expanded our efforts to freshwater ecosystems in Türkiye.

a new program ou in

Across our restoration work and marine literacy programmes, and through our own engagement on board, more than 160,000 people benefited from education and ocean literacy activities.

Across our programm on board, from I sin wh Tog ou

I sincerely thank our partners and teams whose work makes this possible. Together, we will continue to deepen our efforts to support resilient communities and healthy ecosystems.

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DANIELA PICCO Executive Director

310,655 people reached, of which 227,463 in emergencies 1 Marine Conservation Center in The Bahamas in allocated to programmes, initiatives & emergencies (+32% vs 2024) CHF 10,184,100

41 programmes and initiatives

n 33 countries

12 emergency relief operations in 5 countries

1 MSC Foundation Centre on MSC World America

140,000 young cruise guests engaged in onboard learning

SPOTLIGHT ON ACHIEVEMENTS

MARINE CONSERVATION IN THE BAHAMAS

Our Marine Conservation Center, which opened in April, is now serving as a living laboratory for science, restoration and education. Here, we added 387 coral fragments to underwater nursery and outplanted 249 others, provided hands-on training for 23 university students and hosted over 13,700 visitors.

8th MSC FOUNDATION CENTRE ON BOARD

We opened a new MSC Foundation Centre on board MSC World America, expanding our awareness-raising with about 4.8 million cruise guests of marine conservation, humanitarian and development programmes worldwide.

THE CONSTRUCTION OF AFRICA MERCY II

The steel-cutting ceremony marked the official start of construction of Africa Mercy II, a major milestone in our partnership to build the next Mercy Ships hospital ship. By 2029, the vessel is expected to significantly expand capacity to provide surgical care and to train medical professionals in Africa.

EMERGENCY AID ACROSS THREE CONTINENTS

We supported the international government-coordinated humanitarian responses for 227,463 people affected by natural disasters, including floods in Burundi and Chad, a hurricane in Jamaica and an earthquake in Myanmar

NEW EDUCATION PROGRAMME IN THE PHILIPPINES

We launched “The Learning Bridge”, a new education programme marking 16 years of partnership with UNICEF and USD 17 million in cumulative contributions. This programme aims to reach 400,000 children and nearly 7,400 of their teachers with quality training and learning materials.

OUR FOUNDATION

<< Our family’s bond with the sea spans generations, shaping a legacy of resilience, innovation, and responsibility. The Foundation carries this spirit forward, independently driving expertise and partnerships to preserve our oceans, support communities, and educate upcoming generations to help secure a sustainable future. >>

ALEXA APONTE VAGO

Vice Chair of the Board

OUR VISION

To restore the critical balance between people and nature within a generation.

OUR MISSION

To utilise MSC’s global reach and unique knowledge of the sea to take immediate action that contributes to protecting and nurturing the blue planet and its people.

WE ARE FAMILY-DRIVEN

We are a family-driven foundation, deeply connected to our seafaring heritage. For generations, the MSC Group has been dedicated to maritime excellence, building not just a business but a global community bonded by the sea. This brings with it a deep respect for the ocean, a commitment to responsibility, and, as a family, a long-term vision that guides everything we do.

WE ARE ENABLED BY THE MSC GROUP

The MSC Group empowers our work through core funding, matching of onboard guest donations, as well as in-kind and expert support — including technical services, office space and equipment — alongside access to infrastructure, from our Geneva headquarters to dedicated spaces on board and facilities at Ocean Cay.

This backing strengthens our programmes and initiatives, allowing us to focus on delivering lasting impact for people and our blue planet. Through the Group’s global network and maritime agility, we also support rapid responses in emergencies and local initiatives across our four focus areas, working with MSC offices to bolster local efforts to make a difference for vulnerable communities.

WE ARE POWERED BY COLLABORATION

As both a grantmaker and programme implementer at Ocean Cay, we invest in strong partnerships to achieve real impact. Working with trusted specialist organisations, we support science-based solutions that improve lives and safeguard the oceans, from advancing research to strengthening education and healthcare.

The MSC Foundation manages its own coral restoration programme on the island of Ocean Cay in The Bahamas and funds programmes and initiatives across four interconnected focus areas: environmental conservation, community support, education, and emergency relief.

Super Coral Reefs

The

Seagrass Restoration

Spain

Coral Biodiversity Assessment

Worldwide

Mangrove Forest Restoration

Qatar

Asi

Türkiye

Lake Restoration

Germany, Greece, Italy, Switzerland, United Kingdom, Ukraine

Cameroon, Central African Republic, Madagascar

The Bahamas, Brazil, Chile, Costa Rica, Peru

ENVIRONMENTAL CONSERVATION

With our unique global shipping heritage, the MSC Foundation is keenly aware of the increasing fragility of our planet’s ecosystems. We are committed to supporting programmes and initiatives that protect and restore our blue planet’s natural resources, varied species and human habitats.

TAKING ACTION FOR CORAL REEFS

<< 2025 marked a defining step with the opening of the Marine Conservation Center—a purpose-built facility combining resilient reef restoration, scientific training, community engagement, and capacity development, whilst also raising public awareness.

FOCUS AREAS

Bringing these actions together strengthens our ability to restore vibrant reefs, whilst building the global momentum needed to secure a future for coral reefs. >> ant ng the entum ecure

PROF DAVID SMITH Chief Scientific Advisor

Foundation Advisory Board

Coral reefs support around a quarter of all marine biodiversity, yet they are among the ecosystems most exposed to climate change. Rising ocean temperatures and other factors are accelerating coral loss, with many Caribbean and Atlantic species now classified as vulnerable or worse. This decline threatens not only marine life, but also coastal livelihoods, food security and natural coastal protection.

In 2025, this programme addressed these challenges through hands-on restoration, applied science and education. A major milestone was the opening of the Marine Conservation Center, which now anchors coral propagation,

outplanting and research in partnership with local and international institutions. During the year, 387 coral fragments were added to nurseries and 249 successfully outplanted. This hub served research and hands-on learning of Bahamian and international marine science students and strengthened local capacity through training and infrastructure support.

More than 13,700 visitors were hosted at our Marine Conservation Center, raising awareness of coral reef conservation and ocean health.

Community engagement in nearby Bimini further supported long-term stewardship for reef resilience in The Bahamas and beyond.

2025 RESULTS

1 Marine Conservation Center opened in April

387 corals added to the nursery and 249 outplanted to reefs

3 graduate internships, 3 research studies, 16 students in coral immersion course

1 monetary donation for University of The Bahamas new science lab

13,760 visitors to Marine Conservation Center

1 beach cleanup and 1 new agricultural initiative in Bimini

TOTAL RESULTS (2019 - 2025)

Ocean Cay designated as Hope Spot by Mission Blue

636 corals in the nursery and outplanted, 100% survival of 2023 marine heatwave

14 graduate internships, 11 research studies, 16 students in coral immersion course

4 university partners, 2 coral experts’ workshops

13,760 visitors to Marine Conservation Center

9 infographics and 2 interactive games for awareness-raising

MARINE CONSERVATION CENTER

The Marine Conservation Center serves as the base for our restoration and research activities, focused on maximising the growth and resilience of key coral species. It brings together scientific expertise, innovation and hands-on fieldwork to advance scalable reef restoration. At the same time, it acts as a platform for education and engagement, connecting science with communities and visitors to inspire long-term ocean stewardship.

<< Bravo to MSC and the MSC Foundation for creating the Marine Conservation Center at Ocean Cay. The Center is a place to discover why the ocean matters to everyone, everywhere, and to inspire actions to restore and care for the vast blue realm that makes possible the existence of life—humankind included. >>

DR SYLVIA EARLE President and Chairperson of Mission Blue

<< We are equipping our students with the knowledge to take part in coral reefs and the marine environment. In doing so, we are also giving them access where before they had none. We are allowing them to get their foot in the door, for opportunities that are vital to our future as a nation. >>

HON PHILIP E. B. DAVIS Prime Minister of The Bahamas

ADVANCING CORAL REEF RESTORATION AND SCIENCE

Our Bio Lab supports controlled research with specialised tanks and analytical systems to study coral health and resilience. In our Aquaria with 22 tanks, we can grow and test reef-building species under adjustable conditions. From here, corals can be transferred to our underwater nursery to acclimatise before being outplanted onto degraded reefs.

ENGAGING STUDENTS AND INTERNATIONAL VISITORS

The Center welcomes marine science students and thousands of visitors each year. At the Welcome Hub, visitors are introduced to our work and Ocean Cay; in the Lecture Hall, conferences and educational sessions take place; and in the Discovery Pavilion, hands-on experiences foster a deeper understanding of coral reefs and ocean conservation.

ENVIRONMENTAL CONSERVATION

CORAL RESTORATION AND SCIENCE

SCIENCE-BASED RESTORATION AT OCEAN CAY

Since the opening of our Marine Conservation Center on 10 April, science-led restoration and education at Ocean Cay has gathered momentum with the strengthening of the MSC Foundation team thanks to the arrival of our new Marine Programme Manager, Emeline Bouchet, who holds a master’s degree in marine biology with a coral reef ecology specialisation.

Technical set-up continued throughout 2025, with the addition of 22 outdoor tanks and Bio Lab equipment, as well as 387 coral fragments

in the nursery and 249 corals successfully outplanted, unaffected by peak summer temperatures. Between June and December, 16 students from the University of The Bahamas and The Bahamas Agriculture and Marine Science Institute completed immersive coral study visits.

Our academic engagement included a lecture at the University of The Bahamas, 3 graduate internships and 9 fields visits to Ocean Cay. We also hosted over 13,700 visitors at the Marine Conservation Center.

<< My research focuses on helping maximise production and success of live coral tissue by comparing the ex-situ nursery and husbandry practices of Nova Southeastern University and the Marine Conservation Center at Ocean Cay. By measuring coral growth rate and observing coral health between both facilities, we can identify potential improvements in nursery protocols. >>

MEGAN QUINN

Graduate Intern

Nova Southeastern University Florida, USA

ABIGAIL WILSON

Graduate Intern

Nova Southeastern University Florida, USA

<< My research focuses on using predator exclusion devices to enhance coral outplant success. Predation by corallivorous fish is a significant challenge in coral restoration, often leading to high mortality of newly outplanted coral fragments. I am examining how short-term predator exclusion can improve survival rates of two key Caribbean reef-building species. In November, I went to Ocean Cay to set up the applied research component of my thesis. >>

<< I’m focusing my research on accelerating the growth rate of heat-tolerant coral species through alkalinity enhancement. These are important reefbuilding species that are often overlooked in coral restoration due to their slow growth. Increasing these growth rates can lead to more restoration efforts with these species, and a brighter future for coral reefs. >>

CAYMAN HOFFMAN

Graduate Intern

University of Miami, Florida, USA

ENVIRONMENTAL CONSERVATION

MARINE SCIENCE AND EDUCATION

BUILDING LOCAL MARINE SCIENCE CAPACITY

Between April and December, 16 students from the University of The Bahamas and The Bahamas Agriculture and Marine Science Institute took part in week-long immersive coral study visits at the MSC Foundation’s Marine Conservation Center at Ocean Cay under the leadership of our Marine Programme Manager Emeline Bouchet.

Through workshops and scuba diving or snorkelling-based reef observation, students gained practical experience in coral restoration, water quality monitoring, species identification and reef health assessment

The visits strengthened local capacity in marine science and applied learning in Bahamian waters.

The MSC Foundation deepened its partnership with the University of The Bahamas through a significant contribution to equip the Small Island Sustainability Research Complex science laboratory, strengthening national research capacity and hands-on teaching.

Combined with the Foundation’s student placements at Ocean Cay and academic engagement on campus, the initiative reflects a long-term commitment to investing in Bahamian talent, university marine science education and marine biodiversity protection.

COMMUNITY ACTION: WORLD CLEANUP DAY

In September, the MSC Foundation, in partnership with Louise McDonald High School, the Bimini District Council and the Bimini for Sustainable Tourism Council, organised a community beach clean-up for World Cleanup Day , bringing together more than 120 students and faculty alongside community leaders, residents, elected officials and Ocean Cay staff.

The MSC Foundation partnered with Louise McDonald High School to integrate sustainable agriculture into the high school Agriculture Science curriculum in Bimini for the 2025/26 school year. The initiative equips young people with practical skills in sustainable farming, food security and tourism, fostering entrepreneurship, local resilience and long-term economic opportunities. By the end of the school year, 60–80 students aged 13–18 will have been engaged alongside more than 150 entrepreneurs, farmers and community members, extending impact from the classroom to the community.

Over the course of the morning, participants engaged in interactive learning at the school, followed by the collection of approximately 30 180-litre bags of litter and marine debris. In total, they contributed more than 200 collective hours to protecting Bimini’s fragile island and marine ecosystems while reinforcing youth-led environmental stewardship.

SEAGRASS RESTORATION

<< The MSC Foundation is an example of how institutions can support and play a key role in the challenge of restoring the Mediterranean for the benefit of local communities. Its support represents a valuable contribution, enabling us to restore degraded Posidonia meadows, while also spreading the message of marine protection through educational activities. >> ded hile g of ction

MANU SAN FÉLIX

Seagrasses play a vital role in carbon storage and fisheries despite covering just 0.1 per cent of the ocean floor, yet they are being lost at a rate of 7 per cent each year. At the same time, limited ocean literacy continues to hinder responsible stewardship of marine ecosystems.

Through this programme, we are actively restoring seagrass meadows in Spain to support the recovery of this critical ecosystem, while spreading ocean literacy with cruise guests and employees to promote marine conservation.

In 2025, the second year of our three-year partnership with Mission Blue delivered tangible progress across both conservation and

education. In Spain, we supported seagrass restoration around the island of Formentera, working with Asociación Vellmarí to contribute to the regeneration of this coastal habitat.

In parallel, we advanced ocean literacy programme for guests of MSC Cruises and Explora Journeys, strengthening understanding of ocean health and the importance of Hope Spots worldwide.

Led by Mission Blue and Dr Sylvia Earle, this partnership connects local restoration action with global awareness-raising, strengthening understanding of the ocean’s role in sustaining life and supporting its long-term health.

2025 RESULTS

63,140 Posidonia plants planted 2,114 m² of meadow restored

32 educational activities led by Asociación Vellmarí for 396 participants in Formentera

TOTAL RESULTS (2024-2025)

78,640 Posidonia plants planted 2,714 m² of meadow restored

32 educational activities for 396 participants in Formentera

1 educational game and 1 “Luminary” event for the onboard engagement programme for guests of Explora Journeys and MSC Cruises

<< Healthy ecosystems such as coral reefs are essential to human livelihoods, providing food security, stabilising coastlines, and storing carbon. Protecting biodiversity is not only vital for human well-being – it is fundamental to our survival. This global coral assessment starkly illustrates the severe impacts of our rapidly changing climate on life on Earth, underscoring the urgency of the crisis and the need for immediate action. >> nging g of d r

DR GRETHEL AGUILAR IUCN Director General

This programme, now in its third year, continued to support the Red List of Ecosystems in response to the accelerating decline of coral reefs worldwide. Coral reefs underpin food security, livelihoods and coastal protection, yet remain insufficiently assessed at ecosystem level. By strengthening global coral science through harmonised methods and shared tools, the programme enables more consistent, evidence-based conservation and policy action.

In 2025, the first global assessment of coral reef ecosystems progressed across all ten reef regions. A major milestone was the 1st Global Coral Reef RLE Workshop in Bangkok, where experts agreed

2025 RESULTS

1st Global RLE Workshop in Bangkok where a global methodology agreed

Engagement with 10 regional stakeholder teams, with over 100 data providers

9 regional workshops with more than 150 attendees from 31 countries

5 national uptake events and policy integration in the Western Indian Ocean (Kenya, Tanzania Mozambique, Madagascar and Comoros)

2 regional and global policy uptake events with 85 participants

on a unified global methodology supported by common datasets, analytical approaches and open assessment tools. Regional expert networks were formally engaged and trained through in-person and online workshops across the Caribbean, Red Sea, Gulf of Aden, South Asia, Australia, Brazil and the ROPME Sea Area, supporting assessments and collaboration with national authorities to ensure future uptake.

Global visibility increased through the launch of the Global Coral Reef RLE explainer video and high-level engagement at the IUCN World Conservation Congress, highlighting the joint initiatives supported by the MSC Foundation.

TOTAL RESULTS (2023-2025)

1 update of the IUCN Red List of Threatened Species with status of 892 warm-water reef-building coral species

1 IUCN Red List launch event at COP29 UN climate change conference

10 regional coral reef assessments in progress

1 global methodology to assess coral reef biodiversity, agreed

2 expert panels jointly organised with IUCN at Monaco Ocean Week

60th-anniversary global social media campaign with 1.5M impressions

<< Earthna’s collaboration with the MSC Foundation helped advance science-led mangrove restoration in Qatar’s arid environment, where these ecosystems are uniquely significant as the only forest ecosystems able to survive under extreme conditions. Together, we are demonstrating how nature-based solutions can reinforce vulnerable shorelines and sustain coastal ecosystems. >> g ating ased erable d al >

DR GONZALO CASTRO DE LA MATA Executive Director Earthna Center for a Sustainable Future

Mangroves account for just 1% of tropical forests globally, yet more than half are at risk of collapse by 2050. In Qatar, these intertidal forests face increasing pressure from infrastructure and industrial development, and climate change. Their degradation and loss threaten biodiversity and lead to a reduction of ecosystems services mangrove forests provide to humanity.

The programme advances a science-based, scalable model of “building with nature”, integrating mangrove restoration, research, education, and community outreach to build long-term awareness.

2025 RESULTS

1 new coastal nursery design innovation

77,600 seeds collected and cultivated in 2 land nurseries, 23,973 in 2 coastal nurseries

3 restoration sites approved

519 seedlings transplanted to the 7,953.08 m² Al Ruwais restoration site

1 educational package on mangrove forest ecosystem published

114 students from 5 schools engaged in restoration activities

Restoration activities across 5 events

233 community members engaged in restoration activities across 5 events

In 2025, 1 new coastal nursery design was innovated. Over 77,000 seeds were collected and cultivated in land nurseries, and another 24,000 collected seeds stocked 2 coastal nurseries, achieving high germination and survival rates. Three restoration sites were approved, and over 500 seedlings were transplanted in the Al Ruwais NW site.

Education and outreach initiatives were carried out through the publication of an educational package and structured engagements with over 100 students and 230 community members in restoration activations around the receiving sites.

TOTAL RESULTS (2023-2025)

5 nurseries (3 land, 2 coastal) with capacity for 222,920 mangrove plants

203,396 seeds collected in total through 24 collections

160,603 mangrove plants growing in total across all nurseries

3 restoration sites approved, 2 currently under active restoration

519 seedlings transplanted to Al Ruwais

1 international best practice study on mangrove restoration

1 remote sensing study mapping mangrove habitats across Qatar

114 students and 233 community members engaged through 10 events

ENVIRONMENTAL

FRESHWATER ECOSYSTEM RESTORATION

2025

January 20252027

FOCUS AREA

Environmental Conservation

PROGRAMME

Asi River and Gölbaşı Lake Restoration

PARTNERS

<< This collaboration with MSC Foundation proved that restoring ecosystems and empowering communities can go hand in hand. By improving water quality, protecting endemic species, and creating dignified livelihoods for women in Kırıkhan Gölbaşı Lake, we helped transform environmental recovery into longterm resilience for both ecosystems and local communities. >>

AYLİN UÇKUNKAYA Founder & Board Chair, CSD Foundation

Following the 2023 earthquakes in Türkiye, severe damage to sewage infrastructure led to increased pollution in the Asi River basin — a vital freshwater system and one of the richest river basins for endemic fish species in the Mediterranean region. Restoring water quality is essential to protect local biodiversity and strengthen freshwater and downstream coastal ecosystems.

The programme combines restoration with community action, delivered in close collaboration with Hatay Metropolitan Municipality. In its first year, the focus was on removing invasive water hyacinths from Gölbaşı Lake, increasing

open-water surface area and supporting improved circulation and oxygen levels, thereby contributing to enhanced water quality.

Harvested biomass was dried and reprocessed by local women, creating direct income opportunities while linking environmental rehabilitation with sustainable livelihoods producing handcrafted decorative items.

In parallel, environmental stewardship and WASH training equipped 1,000 community members to reduce pollution at source and adopt safer sanitation and waste practices.

2025 RESULTS

1 cooperation protocol with the Hatay Municipality

1 partnership with the TOBB Iskenderun Entrepreneurial Women Section

5,000 m2 of land allocated for water hyacinth recycling, environmental stewardship and WASH education

1 facility built to dry the processed water hyacinths. (2,300 m2)

1 centre for post-water hyacinth processing, handicraft and WASH education, fully equipped

2 women’s groups operational and able to produce decorative objects for sale

1,000 participants in 6 WASH and environmental awareness sessions

CONNECTING SCIENCE AND PEOPLE

Across regions, our programme partners incorporated environmental education, reaching more than 2,300 participants through community sessions, guided visits and experiential learning. In addition, our support for structured environmental education for primary students and vocational nautical schools engaged over 3,000 students across Southern Europe. Separately, our own engagement efforts reached over 145,000 cruise guests through MSC Foundation Day activities for

< re

<< Linking restoration action with student, community and wider public engagement helps build understanding and shared responsibility. Connecting efforts from ship to shoreline equips people to care for marine ecosystems over time. >>

CARL GUSTAF LUNDIN MSC Foundation Advisory Board

children and youth and the “We Move for Coral” guided walk for adults at Ocean Cay, alongside awareness-raising with over 13,700 Marine Conservation Center visitors.

MSC Group employee engagement on ocean awareness was strengthened through a Geneva screening of “Ocean with David Attenborough” and two webinars led by Mission Blue for crew and employees. arned hen g dge

<< Through exploration, I’ve learned that real change happens when science meets people on the ground. By empowering young entrepreneurs to turn knowledge into action, we can inspire a new generation to shape a more sustainable future. >>

MSC Foundation Advisory Board

LINKING IMPLEMENTATION TO GLOBAL IMPACT

In 2025, we strengthened connections between field-based programmes and global engagement, ensuring that practical experience informs international dialogue and collective action.

Throughout the year, the Foundation visited partner programmes in Spain, Germany and Qatar, working alongside local teams to review progress, provide support and exchange knowledge. These visits reflect a supportive, long-term approach, focused on sharing expertise and aligning work with broader conservation priorities.

Building on this experience, the Foundation contributed to key global platforms. At the IUCN World Conservation Congress and its inaugural Philanthropy Summit, we participated in five sessions, sharing insights on public–private

collaboration for coral restoration and scientific research, and highlighting the role of philanthropy in enabling the science that underpins conservation priorities.

At the United Nations Ocean Conference in Nice, the Foundation co-hosted two panels with the International Coral Reef Initiative, convening stakeholders from science, maritime education and tourism to exchange perspectives on coral restoration, ocean literacy and industry engagement.

The Foundation also engaged with partners at the Monaco Blue Initiative, at COP30 in Belém, and at sustainability forums in Qatar, contributing to knowledge exchange and strengthening collaboration across disciplines and regions.

COMMUNITY SUPPORT

Harnessing our capabilities and reach at sea, we are committed to supporting communities affected by poverty and inequality worldwide. By investing in essential healthcare, expanding access to quality treatment, and strengthening local capacities, we contribute to sustainable development and long-term resilience.

LIFE-CHANGING HOSPITAL SHIPS

FOCUS AREAS

<< MSC Foundation is an exemplary partner with shared values and vision. For more than 45 years, tens of thousands of patients have come on board our hospital ships in search of hope and left healed in both body and spirit. Our dedication to this mission has been unwavering, and we could not achieve all that we do as a community without the steadfast commitment of MSC and the MSC Foundation. We are deeply honoured to be partnering with MSC Foundation. >> out the steadfast C n

DON STEPHENS Founder of Mercy Ships

Across sub-Saharan Africa, access to safe and affordable surgical care remains limited due to shortages of trained surgeons and resilient medical infrastructure. Untreated conditions, preventable blindness and burn injuries continue to cause avoidable death and long-term disability, placing strain on families and health systems.

Since 2011, the MSC Foundation and MSC Group have partnered with Mercy Ships to expand surgical capacity and strengthen professional training and healthcare infrastructure. Through maritime expertise, container shipping and inland logistics, the partnership enables the delivery of free surgical services and accredited education programmes.

In 2025, volunteer teams provided surgical and dental care to more than 8,000 patients and delivered training to over 1,000 medical professionals. Services were delivered on board hospital ships in Madagascar and Sierra Leone, alongside shore-based programmes in Benin, Burkina Faso, Guinea, Guinea-Bissau, Kenya, Mauritania, South Africa, and Togo. Essential medical supplies were transported free of charge in 125 containers to ensure continuity of care.

A major philanthropic contribution is advancing the construction of Africa Mercy II , with the October steel-cutting ceremony marking a key milestone towards expanding long-term access to surgery and training.

2025 RESULTS

8,367 surgical and dental patients treated 5,019 surgeries performed

31,863 dental procedures performed

1,060 medical professionals trained 125 containers transported free of charge

AFRICA MERCY II

Steel-cutting ceremony

TOTAL RESULTS (2011-2025)

45,376 surgical and dental patients treated 40,037 surgeries performed 285,946 dental procedures performed

19,988 medical professionals and community leaders trained 976 containers transported free of charge

AFRICA MERCY II FOR FUTURE GENERATIONS

Rooted in a relationship that began in Geneva fifteen years ago between Mercy Ships’ founder Don Stephens and MSC Group Chairman, Captain Gianluigi Aponte, this partnership supports Mercy Ships with container shipping and inland logistics.

Since 2011, nearly 1,000 containers of medical supplies and other essential items have been transported free of charge to ports across Africa. In 2024, MSC and the MSC Foundation deepened this longstanding partnership with a major philanthropic commitment to help initiate construction of the next hospital ship.

In 2025, we celebrated a major milestone in the partnership at the steel-cutting ceremony at CSSC Guangzhou Shipyard International in China, marking the official start of the ship’s construction.

The vessel, Africa Mercy II, is scheduled for delivery in 2028 and, after being equipped with a hospital, will enter service.

By 2029, she is expected to join her sister ship, Global Mercy, expanding access to specialised surgical care and medical education programmes in sub-Saharan Africa and advancing a model of care that leaves a legacy in the communities they serve.

FUDIA’S STEPS TOWARDS THE FUTURE

By age ten, Fudia had spent years struggling to walk with severely bowed legs caused by Blount’s disease. Orphaned young, she moved to Freetown to live with her uncle Joseph, who cared for her and hoped Mercy Ships would one day return. When the Global Mercy arrived in Sierra Leone, he quickly brought her for screening.

“Fudia’s legs were so deformed that her ability to

MUSU’S JOURNEY BACK TO CHILDHOOD

At six years old, Musu from southern Sierra Leone suffered severe burns that left her arm contracted, making school and play difficult and exposing her to teasing from other children.

After the accident, the bright, helpful child she had been became withdrawn, ashamed of her differences and struggled to relate to others.

walk was really limited,” explained Dr Belén Carsi, a volunteer paediatric orthopaedic surgeon. Without treatment, she may have lost the ability to walk entirely.

After complex surgery and rehabilitation, Fudia can now walk independently and return to school. She hopes to become a doctor one day to help others.

In 2025, Musu received reconstructive surgery aboard the Global Mercy. After weeks of rehabilitation, she regained movement in her arms and confidence in herself.

“We went there with sickness and returned home with joy,” her mother Mamie said. Today Musu is back at school. Her teacher shared: “She is lively again and plays happily with her friends.”

TRANSFORMING PATIENT CARE

FOCUS AREA

Community Support

PROGRAMMES

Geneva Translational Oncology Programme

PARTNERS

<< The Geneva Translational Oncology Programme brings clinicians and scientists together to understand cancer and help patients. We’ve started this programme at an exciting time. With new technologies like spatial omics and artificial intelligence, we can explore each tumour cell in its environment and uncover new ways to treat cancer. each n cer.

DR SYLVAIN PRADERVAND GTOP Scientific Coordinator

Cancer remains a leading cause of death globally, accounting for nearly one in six deaths each year. In the Canton of Geneva, new cases continue to rise. While treatment is often determined by the organ of origin, patients with the same diagnosis can respond very differently. Advancing precision oncology requires integrating detailed biological analysis of tumour tissue with comprehensive clinical data to guide more personalised therapeutic decisions.

This five-year partnership supports translational research to define the most appropriate treatment for each patient at the right time. By establishing a dedicated biobank and digital infrastructure, the programme connects digitised tumour samples with clinical data, enabling large-scale research

2025 RESULTS

1 dedicated laboratory established with spatial omics technologies

1 patient inclusion and study management system implemented

2 clinical research protocols approved

4 new projects selected

2 fellowships financed

6 scientific events convened, including 1 retreat, engaging 112 participants

Participation in the National AI Initiative for Precision Oncology (NAIPO)

in personalised medicine and strengthening collaboration between clinicians and scientists.

In 2025, 35% progress was achieved in establishing the biobank and digital infrastructure. A specialised laboratory was established and equipped with spatial omics technologies, and two clinical research protocols in lung cancer and melanoma were approved.

New research projects and fellowships were funded, while seminars and retreats fostered scientific exchange. Participation in the National AI Initiative for Precision Oncology (NAIPO), a flagship programme of Innosuisse, further strengthened the integration of artificial intelligence into precision oncology care.

TOTAL RESULTS (2024-2025)

35% progress in biobank and digital infrastructure set-up

6 research projects in progress

2 fellowships financed

14 scientific events convened, including 1 retreat

1 laboratory established and scientific team consolidated

EDUCATION

Anchored in the transformative power of education, we support foundational primary learning, alongside ocean literacy and marine conservation programmes for primary, middle and nautical school students.

TRANSFORMATIONAL EDUCATION

<< In 2025, our partnership with the MSC Foundation reached a significant milestone with the launch of “The Learning Bridge” programme in the Philippines. Together, we are improving access to quality education and building resilient communities. Education empowers children to overcome cycles of inequality and poverty, enabling them to build brighter futures. We are deeply grateful for the Foundation’s ongoing commitment. >> build

BETTINA JUNKER Executive Director

In the Philippines, a severe learning crisis is constraining opportunities for a generation of children. In Mindanao, poverty, past conflict, frequent extreme weather events and the effects of COVID-19 have disrupted schooling, and a lack of qualified teachers is creating an urgent need for learning recovery. Low enrolment and literacy rates, combined with frequent flooding and school closures, continue to deepen educational gaps.

Building on a 16-year partnership, the MSC Foundation and UNICEF launched “The Learning Bridge” programme in December 2025. Over three years, the initiative aims to holistically strengthen education systems by recruiting

and training teachers in play-based and socioemotional approaches, improving learning materials and curricula, mobilising parents and communities, and introducing targeted tutoring for foundational literacy and numeracy. A climate-resilient floating school is also planned to ensure continuity of learning in a flood-prone area.

This new programme is tailored to local needs and designed for scale, with the ambition to reach about 400,000 children and 7,400 teachers and caregivers through strengthened teaching capacity, improved learning environments and sustained community engagement.

RESULTS (2025-2028)

400,000* children receive quality education in the Philippines

7,400* teachers and caregivers trained and mentored in innovative teaching approaches across 2,230 schools

* Estimate based on initial assessments

34,000* community members involved (Barangay leaders, parents, Early Childhood Care and Development Coordinating Council)

1 climate-resilient floating school ensuring access to education, even during floods

NURTURING CITIZENS OF THE OCEAN

FOCUS AREAS Education

Environmental

PROGRAMME

<< The most significant outcome of 2025 has been the consolidation of a stable educational network across islands and coastal communities, engaging hundreds of young Guardian Dolphins. Investing in Ocean Literacy from primary school onwards means strengthening a sense of belonging and responsibility towards the sea, a common natural heritage that must be protected. >> on ge e

ROSALBA GIUGNI Founder and President of

Each year, significant volumes of plastic enter the Mediterranean, harming marine species and increasing extinction risks. In Italy, high leakage rates and limited ocean literacy in primary schools underline the need for stronger environmental education from an early age. Since 2015, MSC has partnered with Marevivo to strengthen environmental education across the Mediterranean.

Through the Guardian Dolphins programme, Marevivo engages primary school children on Italian islands and in coastal communities, complementing the national curriculum with structured marine education. Learning combines

classroom sessions, experimental workshops and outdoor activities, delivered by trained educators in collaboration with teachers.

In 2025, activities were implemented across 12 islands and one coastal town, involving 30 schools. Nearly 2,000 students and teachers participated in a series of multidisciplinary workshops and field-based experiences designed to foster longterm awareness, stewardship and responsible behaviours towards the marine environment.

In parallel, the Marevivo Ocean Academy (MOA) webspace was launched in September as a free online resource providing educational materials to strengthen ocean literacy among students and teachers.

1,650

30 Blue Corners set up Marevivo Ocean Academy free online resource for students and teacher

TRAINING FUTURE MARITIME PROFESSIONALS

<< In 2025, NauticinBlu trained hundreds of students from Italian and European nautical institutes, integrating sustainability into maritime skills. Its accreditation under the European Commission’s EU Mission ‘Restore our Ocean and Waters by 2030’ confirms that preparing informed professionals is crucial for delivering a tangible blue transition in coastal communities.

med ering astal

RAFFAELLA GIUGNI Secretary General of Marevivo

Although Europe has a long maritime tradition, awareness of the ocean’s ecological and economic importance remains limited. Environmental content in EU vocational training is scarce, leaving many nautical institute students poorly informed about emerging “blue” careers in conservation, circular economy and energy transition. Strengthening ocean literacy is therefore essential to support a responsible ecological transition.

Conceived jointly by MSC and Marevivo, Nauticinblu is an annual four-day training programme supported by the Foundation for students aged 15–17 in nautical secondary schools. It combines classroom and outdoor learning on

marine biodiversity, ecosystem services, maritime regulation, circular economy and blue careers, promoting environmental stewardship in maritime professions.

In 2025, the programme reached over 1,400 students and nearly 145 teachers and school managers across 26 nautical institutes in Italy, Spain, Greece and Portugal. Participants combined classroom sessions with coastal clean-ups, linking theoretical learning with practical environmental action.

The programme was also accredited by the EU Mission “Restore our Ocean and Waters by 2030”, recognising its contribution to ocean literacy and sustainable blue careers.

2025 RESULTS

TOTAL RESULTS (2017-2025)

Across Italy, Spain, Greece and Portugal*

1,436 nautical institute students in 144 teachers & managers involved 24 cities, 26 schools, 64 classes

13 beach cleanups, 1 new beach, 1,446 kg of waste collected

7,057 Nautical Institute students 602 Teachers & Managers Involved 24 cities, 30 schools, 336 classes

Accreditation as part of the EU Mission “Restore our Ocean and Waters by 2030” * In Spain since 2023; in Greece and Portugal since 2024.

EDUCATION

OCEAN LITERACY IN THEIR GRASP

<< Through the Guardian Dolphins initiative, I experienced many inspiring moments, but the boat trip was the most unforgettable. It taught me how important it is to respect and protect the sea and its beautiful underwater ecosystems. A true Guardian Dolphin not only learns this but also shares it with others. >>

BEATRICE MACALUSO Student, Domenico Priano School Milazzo, Italy

<< Expanding the “Nauticinblu Europe” initiative to the south offered students the opportunity to discover more about their coastline and marine wildlife this year. Seeing their curiosity and enthusiasm grow reinforces the value of combining local engagement with international collaboration. >>

INÊS SILVA

Educational Outreach Manager, Marine Environment Research Association Algarve, Portugal

<< For several years, our class has proudly taken part in the ”Guardian Dolphins“ initiative. Through field visits, beach explorations and interactive classroom workshops, students discover the deep connection between land, sea and local identity. These experiences inspire children to become true ”Dolphin Guardians”—aware custodians of the environmental and cultural treasures that make our island unique. >>

VALENTINA MELIS, SIMONA SPATAFORA, ENRICA PETRICCI, BARBARA BOGGIO, ELISA APPOLLONI Teachers of Class 4B, Casa del Duca School Portoferraio, Italy

Launched in September 2025, the Marevivo Ocean Academy was developed with the support of the MSC Foundation to extend Marevivo’s reach and impact beyond its ocean literacy programmes. Conceived as a dedicated digital learning resource, in Italian and English, MOA supports students and teachers engaged in initiatives

such as Nauticinblu and Guardian Dolphins. Outside of Marevivo school programmes, the Marevivo Ocean Academy provides accessible self-directed resources to deepen understanding of fragile marine ecosystems, the connection between human activities and ocean health, as well as the actions one can take to protect them.

Marevivo Ocean Academy functions as a living repository of expert insights and educational materials, drawn from both Marevivo’s field projects and resources specifically designed for schools and environmental educators.

Videos, podcasts, fact sheets, tool kits, exhibitions and practical guidelines for classroom and outdoor activities are freely available, enabling teachers and students to explore ocean conservation through structured and engaging content.

A dedicated Kids’ Space encourages younger audiences to learn through play, helping children discover the importance of the sea alongside parents and teachers while nurturing an early appreciation for marine stewardship. Scan

EMERGENCY RELIEF

Leveraging the MSC Group’s global reach and the capabilities of its Cargo Division in particular, we support emergency responses in disaster situations. We work with international and local partners to rapidly collect and transport food and other essential items for the most vulnerable affected populations.

HELPING SAVE AND REBUILD LIVES

<< Our effectiveness in supporting emergency responses depends on expert partners prepared to act and trusted local authorities and entities that understand the needs of their communities. By combining their expertise and knowledge with the global logistics capabilities of the MSC Group, we can move essential supplies quickly to those most in need. >> ertise and with al ies SC e can sential most

Leveraging the MSC Group’s global reach and the capabilities of its Cargo Division in particular, we support emergency responses in disaster situations. We work with international and local partners to rapidly collect and transport essential and life-saving items for the most vulnerable affected populations.

In 2025, the MSC Foundation supported 5 emergencies across 5 countries — Jamaica, Chad, Burundi, the United States and Myanmar — implementing 12 emergency relief operations that assisted 227,463 people affected by crises and natural disasters. Working with 9 beneficiary organisations, the Foundation combined financial support, donated supplies

and logistical expertise to ensure that essential goods reached communities quickly. Our agreement with UNHCR also strengthened preparedness efforts, supporting readiness to respond to flooding risks in Chad, Burundi and Myanmar.

A total of 15 containers of humanitarian aid were donated, while the MSC Group facilitated the free transport of 113 containers carrying food, medical supplies and other critical materials. Alongside logistical support for disaster-affected communities, our contribution to urban green space renewal following a severe storm in Italy was realised in 2025 through the planting of over 200 new trees.

2025 RESULTS

TOTAL RESULTS (2019-2025)

RESPONDING TO NEW EMERGENCIES

Since 2022, the MSC Foundation has supported UNHCR in delivering humanitarian relief in response to emergencies in Syria, Türkiye, Malawi, Ukraine, Moldova, Bulgaria and Poland, providing free transport for more than 200 containers of essential aid. Building on this collaboration, in 2024 we agreed to strengthen preparedness for climaterelated emergencies through an agreement to supply and transport up to 50 containers of humanitarian aid by land and sea. This enabled immediate support for floods in Chad and rapid

FLOODS IN CHAD AND BURUNDI

In 2025, exceptionally heavy seasonal rains across Central and East Africa caused widespread flooding. Rivers overflowed in southern and central Chad, while rising waters around Lake Tanganyika inundated low-lying communities in Burundi.

EARTHQUAKE IN MYANMAR

On 28 March 2025, a powerful earthquake struck central Myanmar, devastating densely populated areas and displacing tens of thousands of people.

expansion to new crises in Burundi and Myanmar, with 90 containers ultimately transported free of charge.

By year-end, 90 containers had been transported free of charge, helping more than 225,000 people affected by these disasters. Relief supplies reached over 92,000 people in Chad, nearly 72,000 in Burundi, and more than 61,000 in Myanmar, providing essential items for shelter, safety and basic daily needs.

Homes, farmlands, livestock, roads and community infrastructure were damaged or destroyed, forcing thousands of families to flee. Many sought refuge in schools and churches, while others slept outdoors exposed to the elements.

Homes, infrastructure and essential services were destroyed, forcing families to flee and seek shelter in already fragile humanitarian conditions.

In response, UNHCR worked with authorities and humanitarian partners to provide emergency shelter and essential household items. Key interventions included the distribution of tents, plastic sheeting, mattresses, sleeping mats and blankets, enabling families to establish temporary shelters and basic living conditions.

With MSC Foundation support, over 96,000 emergency relief items were delivered in response to flooding in Chad, including tents and plastic sheeting shipped by MSC, enabling most affected families to secure safe temporary shelter.

In Burundi, more than 84,000 relief items were distributed, ranging from solar lamps to full shelter units, with tents and mattresses reaching the largest number of people. In Myanmar, our support enabled the delivery of nearly 55,500 relief items, including kitchen sets, solar lamps and tarpaulins, helping families protect their belongings and establish temporary shelter after the earthquake.

Together, these interventions helped ensure vulnerable families received timely assistance, safeguarding health, dignity and stability during a critical period of recovery.

<< Your support came at a time when it was needed most. By helping us transport emergency relief items, you ensured that families received shelter materials and essential supplies critical for their survival. Your understanding and willingness to stand with UNHCR during one of the most challenging years made a real and lasting difference for us. >>

RÉMI VALLET Executive Director Switzerland for UNHCR

SUPPORT IN CRISIS AND RECOVERY

CRISIS AFTER HURRICANE MELISSA IN JAMAICA

On 28 October 2025, Hurricane Melissa made landfall in Jamaica, causing significant damage across affected communities and disrupting access to safe water, shelter and essential services. Homes and local infrastructure were impacted, leaving about 739,000 people affected, including 279,000 displaced, with many families in urgent need of emergency assistance.

We also immediately partnered with Food For The Poor, a leading local aid organisation, providing free ocean transport for 12 containers of relief supplies from its base in the United States and donating 12 containers for storage. In addition, two containers were provided to the RG Cares Foundation, strengthening their capacity to distribute and store humanitarian aid.

The MSC Foundation and MSC Group mobilised rapid support for the Government-led humanitarian response. With operational backing from MSC Cruises, MSC Divina delivered 12,700 litres of bottled water and 264 tarpaulins to Ocho Rios port within weeks, helping address immediate needs for safe drinking water and temporary shelter.

Additionally, the MSC Foundation donated and transported 20 generators to assist affected communities and joined forces with Switzerland-based Nestlé to transport in 10 containers of bottled water donated by the company, ensuring delivery of essential supplies to support the government-led emergency response.

RECOVERY FROM VIOLENT STORM IN ITALY

On 25 July 2023, a violent storm struck Milan causing widespread damage across the city. More than 4,000 trees were uprooted or severely damaged, leaving visible scars in parks and reducing biodiversity and shade in key urban green spaces. Among the hardest hit sites were the Indro Montanelli Gardens, the oldest public park in Milan, where 187 trees, some centuries-old, were lost and several historic specimens badly damaged.

In response to the City of Milan’s call for support, the MSC Foundation funded the planting of 220

new trees in the Montanelli Gardens, carefully selected to replace historic specimens and reflect the park’s original character. Species including oak, magnolia, maple, ginkgo and linden were chosen for their resilience to heat, drought, urban pollution and pests, helping restore the landscape while strengthening its resilience to future climate shocks.

The restored gardens were officially reopened in May 2025 in the presence of city representatives and partners who supported the restoration.

<< The images of the trees felled by the violent storm that struck Milan in July 2023 remain vivid in the memory of our city. We moved quickly to make our parks safe again and launched the ‘Milan for Trees’ initiative to restore what had been lost. I thank the MSC Foundation for joining this effort. Thanks to their support, the damage inflicted on the Montanelli Gardens can now truly be considered healed. >>

LOCAL INITIATIVES

Collaborating with the MSC Group globally, we support local initiatives across our four focus areas. Through monetary contributions, container donations, free ocean shipping, inland logistics and technical advice, we strengthen local organisations’ and institutions’ capacities to make a difference in vulnerable communities.

GLOBAL REACH THROUGH LOCAL INITIATIVES

<< Local initiatives are where global commitment meets local leadership. By supporting organisations rooted in their communities—through funding, logistics and shared expertise—we help strengthen local capacity to deliver practical solutions for people and nature, while advancing our wider mission of environmental education and community wellbeing. >> or and nature, ncing ntal y

The Foundation’s global mission was implemented through locally led initiatives that addressed community priorities aligned with our focus areas of environmental conservation, education, and community wellbeing. By partnering with organisations closest to local realities, we strengthened local capacity to develop solutions that respond directly to community needs.

Across 25 countries, the Foundation supported 29 local initiatives benefiting 30 organisations and reaching 71,785 people. This support combined 12 monetary donations with practical in-kind contributions, including 7 containers donated for

repurposing, 11 transported free of charge, and 16 provided under free leasing arrangements, enabling partners to overcome logistical constraints and expand initiatives with tangible benefits for their communities.

New initiatives were launched in Italy to advance ocean literacy for children, in Germany to support the restoration of Hamburg’s Elbe River ecosystem, and in Brazil to promote scientific dialogue and community engagement on environmental conservation, alongside continuing community and education partnerships in Cambodia, Spain and Costa Rica.

LOCAL INITIATIVES

LOCAL LEADERSHIP, COLLECTIVE IMPACT

RESTORATION OF EMÍLIO GOELDI HOUSE IN BRAZIL

In Brazil, the MSC Foundation supported Instituto Peabiru, in collaboration with the Swiss Embassy to kick off the initial restoration planning stages of the historic Emílio Goeldi House in Belém, Pará. Led by the Museu Paraense Emílio Goeldi and the Government of Pará, the initiative honours the legacy of Swiss naturalist Emílio

Goeldi, whose pioneering research advanced scientific understanding of the Amazon. The initiative will strengthen scientific dialogue, community engagement and public awareness on environmental conservation in the Amazon and reinforce international collaboration in protecting one of the world’s most important ecosystems.

ADVANCING RESEARCH TO PROTECT FIN WHALES IN CHILE

In 2025, MSC Chile and MEDLOG Chile partnered with scientists and the MSC Foundation on an initiative to protect endangered fin whales in Chile’s Humboldt Archipelago, a globally recognised Mission Blue Hope Spot.

Working with the Center for Advanced Studies in Arid Zones (CEAZA), five whales were tagged with devices equipped with cameras and motion sensors. Tagging helps scientists understand whale movements, feeding patterns and interactions with vessels, providing evidence needed to reduce collision risks.

BIODIVERSITY

In Hamburg, the Foundation partnered with Gesellschaft für ökologische Planung, an association for ecological planning. Our three-year initiative combines ecological restoration with environmental education to strengthen understanding of the Elbe River and its surrounding habitats. In the first phase, habitat enhancement measures were implemented in five of six target areas, focusing on non-native shrub clearance, invasive species management, and

dune restoration. Initial riverbank reinforcement removal was completed in Neufeld, while larger-scale interventions progressed through planning with partners. A total of 232 participants engaged in educational activities, with youth-focused events. Volunteer involvement, such as an international work camp and tree planting at Entenwerder, accelerated implementation while strengthening environmental awareness and long-term stewardship.

<< We got off to a quick start with the new project and have already implemented numerous measures in the Elbe floodplains. With the help of a group of young people from an international work camp, we were also able to significantly enhance an Elbe dune. >>

KAI SCHMILLE Managing Director, Gesellschaft für ökologische Planung (GÖP)

LOCAL LEADERSHIP, COLLECTIVE IMPACT

YOUTH CONSERVATION LEARNING

In 2025, together with MSC and MEDLOG Costa Rica, we continued our collaboration with Ecology Project International on the “Together for the Turtles” initiative, with MSC Peru joining this year.

Implemented across eight schools in Costa Rica and one in Peru, the initiative engaged 165 students aged 13–18, equipping them with knowledge, skills to address environmental challenges in their communities.

In Costa Rica, 150 students participated in a field experience at the Pacuare Reserve, an important sea turtle nesting sites. Through hands-on activities, they contributed to the monitoring of 12 turtles protection of 1,123 eggs, 2,081 km of beach surveys, and 1,527 volunteer hours. With guidance of 24 MSC mentors, students designed 34 environmental projects, of which five were successfully implemented.

BRINGING THE SEA TO YOUNG PATIENTS

In Italy, the Foundation partnered with Il Porto dei Piccoli Fondazione ETS to enhance the well-being of children through educational and therapeutic activities inspired by the sea and port life. In its initial phase, partner schools were identified and preparatory steps were taken, including to schedule workshops and exploration activities.

The initiative will support 5,000 vulnerable children in Civitavecchia and Trieste facing health challenges with psychological support, creative learning and opportunities for social inclusion at hospitals and schools through workshops and port exploration, and online events for sick children.

By connecting young participants with the maritime environment and the daily life of ports, the initiative, through play, fosters serenity and relaxation, awareness and curiosity about the marine world.

FESTIVE SMILES YEAR-END HOLIDAY INITIATIVE

Launched in Geneva, Switzerland in 2020 in partnership with the Croix-Rouge genevoise, the MSC Foundation’s Festive Smiles initiative invites MSC Group colleagues to collect gifts for children and families who might otherwise go without during the holiday season.

Now in its sixth edition, the initiative has grown from a local effort into a global tradition of solidarity. In 2025, Festive Smiles expanded to 50 MSC Group offices across five continents, involving teams from MSC Cruises, MSC Cargo, Explora Journeys, MEDLOG, TiL, MSC AirCargo, Bluvacanze, MediaGrafica and Clasquin.

Each office partnered with a local organisation — including Red Cross societies, schools, community centres and care homes — to support families in their communities, donating a total of 3,500 gifts worldwide.

OUR WORK ON THE WAVES

MSC FOUNDATION ENGAGEMENT WITH MSC ONBOARD GUESTS

The MSC Foundation’s onboard awareness and fundraising activities have become a cornerstone of our mission, supported by the generosity and engagement of cruise guests.

With around 4.8 million guests from nearly 180 nationalities sailing in 2025 with MSC Cruises and Explora Journeys, our work at sea helped raise awareness of the Blue Planet, the health of its ecosystems and communities, and the actions needed to protect them for future generations.

Across 7 MSC Cruises vessels, MSC Foundation Centre Representatives engaged guests directly, while on Explora II an MSC Foundation trained Host introduced travellers to the Foundation’s programmes and long-term vision for ocean stewardship and community support.

Every voyage features an MSC Foundation Day, designed to foster environmental awareness among younger guests. In 2025, approximately 140,000 children and young people participated in activities developed in collaboration with education partners, such as Mission Blue.

Guest engagement was further enhanced in 2025 through new immersive activities. A virtual reality experience launched on MSC World America and Explora II allows guests to explore Bahamian reefs and our work interactively, inviting them to learn more about Ocean Cay.

On Explora II, silent auctions of original nautical charts signed by the Ship’s Command also gave guests the opportunity to support the Foundation directly, with all proceeds dedicated to advancing initiatives for people and the planet.

In 2025, the MSC Foundation expanded the ways it shares knowledge and inspires action among guests travelling with MSC Cruises and Explora Journeys.

Across the fleet and at key locations, the Foundation also has 11 retail spaces on board ships, at Ocean Cay and in Pomene, Mozambique, where guests can learn about

our work and purchase items from the “Buy for Good” collection, with net proceeds supporting conservation and community initiatives.

In parallel, three retail corners were opened on Grandi Navi Veloci vessels — GNV Orion, GNV Polaris and GNV Virgo — offering travellers additional opportunities to learn about and support the Foundation’s initiatives.

FROM THE GUEST PERSPECTIVE

<< After watching the MSC Foundation videos in my cabin, I felt inspired to learn more and visited the Foundation Centre on board. Here, a representative shared valuable insight about its initiatives, which inspired me to contribute and serve in my own way. >>

GUEST SAILING ON MSC SEASHORE

<< We are inspired by the MSC Foundation’s projects and the tangible difference they make for communities and the environment. Buying these souvenirs makes us feel part of that positive change. Thank you for your commitment, and congratulations on the incredible work you do. >>

GUEST SAILING ON MSC VIRTUOSA

At Ocean Cay, the MSC Foundation guides guests to discover the island’s remarkable environmental transformation. By November 2025, every MSC Cruises ship calling at the island offered the opportunity to join a guided walk led by MSC Foundation staff members. During these walks, guests learn how Ocean Cay was restored and how coral

restoration is advancing to support Bahamian reefs while helping train the next generation of marine scientists. The experience concludes at the Marine Conservation Center, where guests visit the facility alongside the Foundation’s specialists, gaining first-hand insight into the Super Coral Reefs Programme and the work underway to safeguard the health of coral ecosystems.

GUEST

2,385,500 Individual donations made on board

5,765 Participants in “We Move for Coral” walk at Ocean Cay

91,500 “Buy for Good” retail purchases by MSC Cruises guests

OUR ORGANISATION

The MSC Foundation’s mission, vision and values are rooted in our Group’s seafaring heritage and strong family culture, expressed not only in our Vision, Mission and Values, but equally in our advocacy and partnerships.

OUR VALUES

RESPONSIBLE

Our love and inherent sense of responsibility for the seas and oceans represent the core values that define the MSC Group. Nurtured over centuries of seafaring experience, they are driven by a culture of active care that comes from being a family-owned and family-run business.

For us, this active responsibility is a fundamental duty, a mission to protect and care for the seas, our blue planet and all those who depend on it.

RESPONSIVE

We understand that the situation humanity faces is urgent, and that immediate intervention and change is required if we are to have a chance of restoring the critical balance between people and nature within a generation. This sense of urgency drives our responsiveness, committing us to prompt, effective action with energy and determination worldwide - leveraging our reach, scale and breadth of partnerships to make a real difference.

RESPECTFUL

Everything we do is driven by our deep care and concern for the planet: its waters, seas, oceans and, - of course - its people, both now and into the future.

This respect underpins all our efforts and actions to help build a more positive, sustainable future and a better world. Knowing we cannot do this alone leads us to welcome and encourage others to join us in our vital work.

RESOURCEFUL

MSC’s global scale and reach ensure that the Foundation can cover every corner of the world, benefiting from strong local knowledge, networks, and experience on the ground. This enables us to harness an innovative resourcefulness and respond effectively to the challenges and emergencies threatening life, growth and fulfilment on both a local and global scale.

FROM MISSION TO RESULTS

The MSC Foundation serves as the philanthropic arm of the MSC Group, operating independently, guided by a distinct public-benefit mission. As a Switzerland-based non-profit with a global scope, we address the complex challenges facing our blue planet and the communities connected to it.

We focus on delivering predictable, tangible and measurable impact, carefully selecting our partners. We have a structured approach to programme design, implementation and monitoring, emphasising delivery, accountability and alignment with expected results.

OUR GRANTMAKING PROCESS 2

The MSC Foundation invites organisations to submit a proposal or a concept note.

Application: once a project has been selected, its applicant submits a concrete project proposal (Grant Application Package) that includes detailed information on the background of the project, its target group, and its planned activities, objectives and results framework, along with a detailed project budget.

All our agreements are reviewed by the Legal Office to ensure their compliance with all legal and regulatory requirements and their adherence to ethical standards. 1 3 5 6

Preliminary selection by the Secretariat to consider the partner organisation envisaged, and to determine if the project concept is consistent with our funding guidelines, criteria and project resources, and is likely to meet its intended objectives.

4

The Advisory Board , which meets twice a year, assesses the application package and makes a recommendation to the Board. The Board approves applications once a year.

The Secretariat manages the implementation phase, monitoring & evaluation, and progress & final project reports.

Our unique model brings together three complementary roles—grantmaker, Implementer and fundraiser—enabling us to mobilise expertise, partnerships and funding.

As a grantmaker, we allocate a significant share of our resources to programmes led by specialised global and local organisations. Proposals are assessed through a structured review process involving the Board, supported by detailed technical input from the Secretariat and Advisory Board. Approved programmes are governed by clear agreements and monitoring frameworks, including regular engagement, mid-year and annual reporting.

As an implementing foundation, we directly lead strategic programmes such as the Super Coral Reefs Programme in The Bahamas, advancing coral reef restoration, marine science, education and public awareness. We also coordinate support for emergency responses and, when aligned with our mission, bolster local initiatives through in-kind donations of MSC logistical and transportation services.

As a fundraiser, we invest in education and outreach on the environmental and social challenges central to our focus areas, engaging cruises guests, MSC Group employees and stakeholders, and the wider public to strengthen understanding and support for programmes delivering measurable bene fi ts for people and nature.

Through these combined efforts, we help advance the United Nations Sustainable Development Goals, supporting shared global priorities by promoting ocean health and strengthening communities through healthcare, quality education, and ocean literacy.

MARINA ANSELME Secretary General

GOVERNANCE

STRUCTURE

The work of the MSC Foundation in pursuit of its Vision, Mission and purposes is overseen by the Foundation Board with the supervision of the Swiss Supervisory Authority in Bern, the support of the Secretariat, the independent Advisory Board and regular external auditing of finances.

THE FOUNDATION BOARD AND ITS COMMITTEES

The Board is the Foundation’s supreme authority, overseeing its development and providing strategic direction.

The Board meets twice yearly to consider strategic matters, analyse programme progress, assess new initiatives and validate the operational approaches followed.

It is composed of six members:

Gianluigi Aponte Chair of the Board

Alexa Aponte Vago

Vice Chair of the Board, Treasurer and Chair of the Finance Committee

Pierfrancesco Vago Chair of the Executive Committee

Elâ Soyuer Aponte Member of the Finance Committee

Rafaela Aponte Member of the Board

Diego Aponte

MSC Group President

The Board’s Finance Committee and Executive Committee ensure that decisions are effectively implemented.

THE ADVISORY BOARD

The Advisory Board of independent senior experts acts as a resource to ensure the Foundation’s effectiveness and sustainable development. It provides strategic guidance on programmes, science, partnerships and project evaluation and the development of new activities.

Matthew McKinnon Chair

Prof David Smith Chief Scientific Advisor, Professor of Marine Biology at the University of Essex (UK), Chief Marine Scientist Mars Inc.

Carl Gustaf Lundin Senior Vice President at Leidar and Ocean Sustainability Advisor

Mike Horn Professional Explorer

THE SECRETARIAT

The Secretariat performs administrative, finance and operational functions, and is responsible for the day-today management, supervision and implementation of the Foundation’s programmes and initiatives, including their monitoring and evaluation.

Daniela Picco Executive Director

Marina Anselme

Secretary General

The Secretariat team includes professionals working at our Geneva headquarters, Ocean Cay and on board MSC Cruises and Explora Journeys ships. It also benefits from the support of MSC Group services and divisions and committed volunteers.

Board of Directors

Determines direction and controls

Advisory Board

Provides independent advice

Executive Committee Develops activity and work plans

Secretariat

Finance Committee Oversees the Foundation’s financing and accounts

Implements strategy & reports, informs & engages stakeholders

INDEPENDENT AUDITORS

Ernst & Young is the MSC Foundation’s external auditor, appointed in accordance with applicable legal provisions to review its accounts and submitting a detailed report to the Board.

CONNECTIONS & NETWORKING

The Foundation actively networked to strengthen relationships with advisors, community leaders and others, to build synergies, enhance our programmes and leverage our philanthropic commitments.

ASSOCIATIONS & NETWORKS

• International Coral Reef Initiative

• Swiss Foundations

• CAF America

• CAF Canada

• Transnational Giving Europe

RESEARCH & ACADEMIC INSTITUTIONS

• Nova Southeastern University

• University of Miami

• Bahamas Agriculture and Marine Science Institute

• University of The Bahamas

• Perry Institute for Marine Science

• QATAR University, Earthna Center

2025 FINANCIAL HIGHLIGHTS

TOTAL ALLOCATIONS

In 2025, the 7th operational year of the MSC Foundation, we allocated CHF 10,184,096 to programmes, initiatives and emergency operations, including services directly supporting these.

GROUP FUNDING COMMITMENT

All administrative expenses of the MSC Foundation are covered by the MSC Group, ensuring that 100% of external donations and retail proceeds are directed to programmes and initiatives.

COMMUNITY SUPPORT

CONSERVATION

RELIEF

This reflects activities that reached 310,655 people across 33 countries through 41 programmes, initiatives and emergency operations spanning our four focus areas.

The Foundation also benefits from in-kind and expert support from MSC, including technical services, office space and equipment.

Dedicated spaces on board 8 MSC Cruises and Explora Journeys vessels, together with the matching of donations from MSC Cruises guests, further amplify the impact of our advocacy and awareness-raising efforts.

TRANSPARENCY AND ACCOUNTABILITY

Our financial statements are prepared in accordance with the Swiss Code of Obligations and Swiss Generally Accepted Accounting Principles and are audited by Ernst & Young.

MORE THAN CHF 3.1 MILLION

Invested by the MSC Group for the construction of the Marine Conservation Center in addition to the Foundation’s reported expenditure.

69.9% MSC GROUP DONATIONS

22.1% INDIVIDUAL DONATIONS

5.8% BRANDED RETAIL ITEMS

2.2% CORPORATE DONATIONS

81% PROGRAMMES & INITIATIVES

14.2% ADMINISTRATION

4.8% ADVOCACY & COMMUNICATIONS

Our total income in 2025 was CHF 10,345,141, with 69.9% provided by the MSC Group through in-kind support, core funding, and the matching of donations made by MSC Cruises’ guests.

Individual donations represent 22.1% of total income, 99% of which were made by MSC Group Cruise Division guests.

Onboard fundraising through branded items represents 5.8% of our total income (net of cost of branded items).

Corporate donations (other than MSC Group) represent 2.2% of total income.

Our expenditure in 2025 was CHF 12,571,775, representing 81% supporting programmes and initiatives, including CHF 2,074,997 drawn from accumulated funds.

Administration accounted for 14.2% of total expenditure.

Advocacy and communications represented 4.8%

EYES ON THE FUTURE

STEPPING UP FOR PEOPLE AND THE OCEAN IN TODAY’S TURBULENT WORLD

The world is facing a period of turbulence, marked by geopolitical instability and the widening reach of armed conflict. The continued shift in public funding towards defence is also placing climate, environmental and development efforts under growing pressure. At the same time, as the World Meteorological Organization has highlighted, record levels of Earth’s energy imbalance are intensifying climate-related disruptions. Overheating oceans are also placing mounting strain on coastal and marine life. Together, these forces are creating a perfect storm for both people and nature.

In this context, the role of the MSC Foundation is especially welcome. Drawing on the farreaching logistical capabilities of the MSC Group—unprecedented today in scale—the Foundation is uniquely positioned to help address critical gaps in humanitarian crisis response. This was demonstrated through its 2025 disaster relief efforts in Africa, Myanmar and the Caribbean, contributing meaningful support to more than 200,000 people alongside established response efforts.

There are also glimmers of hope in the pioneering work to support coral reefs: the ocean’s weakest link in the climate crisis, yet one of its vital natural assets, sustaining a quarter of marine life. At Ocean Cay, the Marine Conservation Center together with its science partnerships helping to advance solutions aimed at enabling reef ecosystems to endure and recover.

The MSC Foundation is also leveraging partnerships such as with IUCN’s Red List and the communication platforms of MSC Group to strengthen public awareness and ocean literacy, helping mobilise greater engagement in ocean protection for the future.

As the world confronts difficult realities, count on the MSC Foundation to step up its efforts to bring renewed momentum, partnerships and practical action to some of the most urgent humanitarian and marine challenges of our time. In doing so, it will be playing its part in building a more resilient future for ocean and people alike.

MATTHEW MCKINNON Chair of the Advisory Board

MSC Foundation

Thank you!

We extend our sincere appreciation to all who have strengthened our mission this year. Our Board has provided thoughtful leadership and oversight, ensuring that our work remained focused and impactful, while our Advisory Board offered essential expertise that shapes our strategic direction. Our programme and network partners continue to inspire our work with drive, scientific insight, specialist knowledge and dedication. We are equally grateful to MSC Group donors and supporters, as well as our corporate donors and contributors, whose generosity enables us to support ocean health and the communities that depend on it, contributing to positive change over time.

Concept design: MSC Mediagrafica and Getcomm

Copyright © 2026 by MSC Foundation

All rights reserved. This report or any portion thereof may not be reproduced or used in any manner whatsoever without the express written permission of the MSC Foundation except for the use of brief quotations in a book review.

PHOTO CREDITS

© CSD Foundation (pages 36, 37)

© Ecology Project International (page 72)

© Earthna Center for a Sustainable Future (pages 34, 35, 38)

© Erick Morales Oyola (page 32)

© Fondation privée des hôpitaux universitaires de Genève (pages 46, 47)

© Food for the Poor (page 64)

© Gesellschaft für ökologische Planung (GÖP) (pages 66, 67, 71)

© Herzog & de Meuron (page 70)

© Il Porto dei Piccoli Fondazione ETS (page 72)

© Ivan Sarfatti (pages 6, 14, 17, 22, 24, 25, 74, 75, 76, 77, 78)

© IUCN (page 33)

© Louise McDonald High School (page 29)

© Luisa Puccini (pages 53, 55)

© Manu San Félix / The Vellmarí Association (pages 30, 31, 81)

© Marevivo (pages 52, 54, 56, 57)

© Mercy Ships (pages 10, 15, 40, 41, 42, 43, 44, 45)

© Mermaid Magic™ © 2025 Rainbow S.p.A. (page 57)

© Preston Knowles (page 29)

© Simone Piccoli (pages 25, 27, 90, 92, 93)

© SLE (page 69)

© Sonority (page 25)

© UNHCR (pages 58, 59, 61, 62, 63, 88)

© UNICEF (pages 15, 48, 49, 50, 51, 68)

© UNICEF / Frank Dejong (page 79)

© Veronica Reverse (page 33)

The MSC Foundation invites any image copyright holders that we have been unable to contact to kindly approach us directly.

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Tel: +41 22 703 88 88 - fax +41 22 703 87 00 For more information: info@mscfoundation.org mscfoundation.org