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Boskalis update share buyback

Papendrecht, 20 January 2020 In the period from 13 January up to and including 17 January, Royal Boskalis Westminster N.V. (Boskalis) repurchased own shares. The repurchases took place within the framework of the share buyback program announced on 15 March 2019. Click here for a complete overview of all individual transactions. Boskalis will publish a press release every Monday for the duration of the buyback program, provided shares were repurchased in the preceding week. Interested parties can subscribe to these press releases at ir@boskalis.com . An overview of the progress of the program can be found on www.boskalis.com/sharebuyback2019-2020 . FOR FURTHER INFORMATION Investor relations: Martijn L.D. Schuttevâer ir@boskalis.com Press: Arno Schikker press@boskalis.com T +31 786969310 Royal Boskalis Westminster N.V. is a leading global services provider operating in the dredging, maritime infrastructure and maritime services sectors. The company provides creative and innovative all-round solutions to infrastructural challenges in the maritime, coastal and delta regions of the world. With core activities such as coastal defense, riverbank protection and land reclamation Boskalis is able to provide adaptive and mitigating solutions to combat the effects of climate change, such as extreme weather conditions and rising sea levels, as well as delivering solutions for the increasing need for space in coastal and delta regions across the world. The company facilitates the development of offshore energy infrastructure, including renewable wind energy. Boskalis is furthermore active in the construction and maintenance of ports, waterways, access channels and civil infrastructure, thus helping to facilitate trade flows and regional socio-economic development. In addition, Boskalis is a global marine salvage expert and has a number of strategic partnerships in harbor towage and terminal services (Keppel Smit Towage and Smit Lamnalco). With a versatile fleet of more than 700 vessels and floating equipment and 10,000 employees, including associates, Boskalis is creating new horizons around the world. This press release can also be found on our website www.boskalis.com .

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Press release

Incident on board of FPSO in transit on Vanguard

Papendrecht, 9 January 2020 ‎Earlier this week, an incident occurred on board of the FPSO which is currently being transported by the Vanguard from China to Brazil. During the journey a contractor, designated by the yard, is conducting preservation works on board of the FPSO. These works are part of the pre-delivery activities by the yard before the FPSO is delivered to the operator in Brazil later this month. Six persons employed by the designated contractor, all with the Brazilian nationality, illegally consumed a cleaning liquid found on board of the FPSO. This liquid is a substance customarily used for degreasing purposes, presumably containing a mixture of ethanol and the severely toxic methanol. The affected persons reported this to our crew approximately 36 hours after consumption at which point serious signs of illness were becoming apparent. Swift and immediate action was taken by our crew. The Vanguard changed course towards the coast of South Africa and a medical evacuation by helicopter was organized. Regrettably one of the affected individuals passed away before the medical assistance was on site. The remaining five persons were successfully evacuated, hospitalized in Durban, South Africa and are successfully recovering from the intoxication. Boskalis expresses its deepest condolences to the family and loved ones of the deceased person. Boskalis would like to stress that it has a strict zero tolerance policy with regard to alcohol on its offshore vessels. The FPSO and Vanguard have recently resumed their journey to Brazil. Royal Boskalis Westminster N.V. is a leading global services provider operating in the dredging, maritime infrastructure and maritime services sectors. The company provides creative and innovative all-round solutions to infrastructural challenges in the maritime, coastal and delta regions of the world. With core activities such as coastal defense, riverbank protection and land reclamation Boskalis is able to provide adaptive and mitigating solutions to combat the effects of climate change, such as extreme weather conditions and rising sea levels, as well as delivering solutions for the increasing need for space in coastal and delta regions across the world. The company facilitates the development of offshore energy infrastructure, including renewable wind energy. Boskalis is furthermore active in the construction and maintenance of ports, waterways, access channels and civil infrastructure, thus helping to facilitate trade flows and regional socio-economic development. In addition, Boskalis is a global marine salvage expert and has a number of strategic partnerships in harbor towage and terminal services (Keppel Smit Towage and Smit Lamnalco). With a versatile fleet of more than 700 vessels and floating equipment and 10,000 employees, including associates, Boskalis is creating new horizons around the world. This press release can also be found on our website www.boskalis.com .

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Press release

Boskalis awarded sizable FSRU contract in El Salvador

Papendrecht, 23 December 2019 Royal Boskalis Westminster N.V. (Boskalis) has been awarded a sizable (1) contract to connect an offshore Floating Storage and Regasification Unit (FSRU) to an onshore power plant in El Salvador. The contract was awarded by Energia del Pacifico (EDP), a 378-MW liquefied natural gas (LNG)-to-power infrastructure project at the Port of Acajutla, El Salvador. The project will commence early 2020 and is scheduled to be operational by the end of 2021. ‎ The project entails the construction of a two-kilometer-long gas pipeline connection from the onshore power plant to an offshore FSRU including the mooring and hook-up. This will include the construction of a micro tunnel from the power plant into the sea followed by the dredging of an offshore pipeline trench. With the aid of a construction support vessel (CSV) Boskalis will pull the 24 inch pipeline through the micro tunnel and trench. At the offshore location, a riser will be installed to connect the FSRU to the pipeline, in addition to an anchor spread with 11 anchors to permanently moor the FSRU in position. The final phase of the project involves the physical mooring of the FSRU and the FSRU hook-up. For these activities Boskalis will deploy a CSV, a medium-sized trailer suction hopper dredger and a backhoe dredger. With the development of this thermal powerplant, EDP will contribute to the diversification of the energy mix of El Salvador with an improved performance and reduced environmental impact. The lead project partner is Invenergy, a US-based leading global developer and operator of sustainable energy solutions, as well as several local investors. (1) For Boskalis, “sizable” refers to a contract with a value of EUR 50 – EUR 150 million. https://boskalis.com/ir/ir-policy.html FOR FURTHER INFORMATION Investor relations: Martijn L.D. Schuttevâer ir@boskalis.com Press: Arno Schikker press@boskalis.com T +31 786969310 ‎ Royal Boskalis Westminster N.V. is a leading global services provider operating in the dredging, maritime infrastructure and maritime services sectors. The company provides creative and innovative all-round solutions to infrastructural challenges in the maritime, coastal and delta regions of the world. With core activities such as coastal defense, riverbank protection and land reclamation Boskalis is able to provide adaptive and mitigating solutions to combat the effects of climate change, such as extreme weather conditions and rising sea levels, as well as delivering solutions for the increasing need for space in coastal and delta regions across the world. The company facilitates the development of offshore energy infrastructure, including renewable wind energy. Boskalis is furthermore active in the construction and maintenance of ports, waterways, access channels and civil infrastructure, thus helping to facilitate trade flows and regional socio-economic development. In addition, Boskalis is a global marine salvage expert and has a number of strategic partnerships in harbor towage and terminal services (Keppel Smit Towage and Smit Lamnalco). With a versatile fleet of more than 700 vessels and floating equipment and 10,000 employees, including associates, Boskalis is creating new horizons around the world. This press release can also be found on our website www.boskalis.com .

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Press release

Boskalis awarded multi-year maintenance contract for port of Rotterdam in the Netherlands

Papendrecht, 23 December 2019 Royal Boskalis Westminster N.V. (Boskalis) has been awarded a multi-year contract for the maintenance dredging in Rotterdam, the Netherlands, ensuring the continued safe access to the port. The contract was awarded by the Port of Rotterdam and the Department of Public Works (Rijkswaterstaat) in the Netherlands. The maintenance dredging will take place in the Maasmond/Maasgeul in the access channel and inner port basins of the port. The award criteria included various sustainability metrics, including CO2 reducing measures. The initial contract duration is three years commencing in March 2020, with the use of a mid-sized trailing suction hopper dredger. This may be extended up to five more years through to 2028, subject to innovative and approved sustainability initiatives. This project award is not affected by recently introduced national restrictions related to nitrogen emission. FOR FURTHER INFORMATION Investor relations: Martijn L.D. Schuttevâer ir@boskalis.com Press: Arno Schikker press@boskalis.com T +31 786969310 Royal Boskalis Westminster N.V. is a leading global services provider operating in the dredging, maritime infrastructure and maritime services sectors. The company provides creative and innovative all-round solutions to infrastructural challenges in the maritime, coastal and delta regions of the world. With core activities such as coastal defense, riverbank protection and land reclamation Boskalis is able to provide adaptive and mitigating solutions to combat the effects of climate change, such as extreme weather conditions and rising sea levels, as well as delivering solutions for the increasing need for space in coastal and delta regions across the world. The company facilitates the development of offshore energy infrastructure, including renewable wind energy. Boskalis is furthermore active in the construction and maintenance of ports, waterways, access channels and civil infrastructure, thus helping to facilitate trade flows and regional socio-economic development. In addition, Boskalis is a global marine salvage expert and has a number of strategic partnerships in harbor towage and terminal services (Keppel Smit Towage and Smit Lamnalco). With a versatile fleet of more than 700 vessels and floating equipment and 10,000 employees, including associates, Boskalis is creating new horizons around the world. This press release can also be found on our website www.boskalis.com .

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Press release

Boskalis awarded two offshore projects with a combined value of EUR 85 million

Papendrecht, 17 December 2019 Royal Boskalis Westminster N.V. (Boskalis) has been awarded two offshore contracts with a combined value of approximately EUR 85 million. For a new offshore windfarm in Taiwan, Boskalis will carry out the scour protection of the turbine foundations and in Denmark a four-kilometer-long gas pipeline will be installed in the seabed. The execution of both projects is scheduled to take place in 2020. In Taiwan, Boskalis was awarded a contract for the scour protection for the Yunlin offshore windfarm. The award was made by Yunneng Wind Power Co. Ltd. Boskalis will install rock on the seabed around the 71 monopile foundations serving as scour protection. In total 325,000 tons of rock sourced from local quarries in Taiwan will be installed using a fallpipe vessel. The project is scheduled to commence early 2020 and is expected to be completed late 2020. Boskalis also secured a contract from the Danish Energinet Gas-TSO for the laying of a new 4-kilometer-long, 36 inch gas pipeline from Jutland to Funen in the Lillebaelt of Denmark. The project includes the pre-trenching, pipe-pull, cofferdam construction and post-lay rock installation to protect the pipeline. A novelty for this project is the requirement to have a bend in the pipeline for which an innovative guiding roller system will be applied. The project involves multiple disciplines from within the Boskalis group requiring a trailing suction hopper dredger, fallpipe vessel and backhoe dredger. Visit vimeo.com/boskalis/Lillebaelt for an animation about this project. FOR FURTHER INFORMATION Investor relations: Martijn L.D. Schuttevâer ir@boskalis.com Press: Arno Schikker press@boskalis.com T +31 786969310 ‎ Royal Boskalis Westminster N.V. is a leading global services provider operating in the dredging, maritime infrastructure and maritime services sectors. The company provides creative and innovative all-round solutions to infrastructural challenges in the maritime, coastal and delta regions of the world. With core activities such as coastal defense, riverbank protection and land reclamation Boskalis is able to provide adaptive and mitigating solutions to combat the effects of climate change, such as extreme weather conditions and rising sea levels, as well as delivering solutions for the increasing need for space in coastal and delta regions across the world. The company facilitates the development of offshore energy infrastructure, including renewable wind energy. Boskalis is furthermore active in the construction and maintenance of ports, waterways, access channels and civil infrastructure, thus helping to facilitate trade flows and regional socio-economic development. In addition, Boskalis is a global marine salvage expert and has a number of strategic partnerships in harbor towage and terminal services (Keppel Smit Towage and Smit Lamnalco). With a versatile fleet of more than 700 vessels and floating equipment and 10,000 employees, including associates, Boskalis is creating new horizons around the world. This press release can also be found on our website www.boskalis.com .

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Boskalis acquires large land reclamation project in Manila Bay, Philippines

Papendrecht, 6 December 2019 Royal Boskalis Westminster N.V. (Boskalis) has received the Provisional Letter of Acceptance for the Design and Construction contract for the Pasay Reclamation Development Project in Manila Bay, Philippines in cooperation with CHEC from China. The award was made by the publicly listed company SM Prime Holdings Inc. (SMPHI), one of the largest property developers in Southeast Asia. The development will create a new commercial and residential area in a densely populated part of Manila. The contract value for Boskalis qualifies as large. Peter Berdowski, Boskalis CEO: “We are delighted with the award of this large contract from SMPHI. As Boskalis, we have a rich tradition in land reclamation and we look forward to contributing to a modest incremental growth of the Philippines and to protect part of Manila against the effects of climate change. This has always been an important region for Boskalis and through this project, we have secured utilization for the large dredging vessels for the coming years.” The Pasay Reclamation Development Project in Manila Bay is a new and modern commercial and residential property development to be run by SMPHI. The project involves the reclamation of approximately 360 hectares through the construction of three artificial island according to international standards to ensure a safe living environment. The islands have been designed to withstand potential large earthquakes. In addition, shore protection works are designed to withstand typhoons. For the reclamation activities Boskalis will deploy a number of trailing suction hopper dredgers over a period of two years including its mega hopper dredgers. To accelerate the soil settlement, 60,000 kilometers of vertical drains will be installed. The entire reclamation area will be compacted with vibro- and dynamic compaction to ensure soil stability. The outer perimeter of the islands will be protected with a combination of rock revetment and a concrete wave wall. Preparatory work is scheduled to commence immediately and work on site is expected to start within the first quarter of 2020. The reclamation activities are expected to be completed within three years and the total project duration including land development is five years. Boskalis is a global dredging contractor with a rich heritage and successful track record spanning more than a century. A selection of impressive land reclamation projects include those executed in Singapore (multiple over many decades with currently the Tuas Terminal phase two and Tekong polder projects under development), South Korea ( including Songdo International City ), Bahrain ( numerous land reclamation projects ), Panama ( Punta Pacifica islands ), Indonesia (recent development of five islands in Makassar ) and the Netherlands (current development of IJburg residential area in Amsterdam). Visit vimeo.com/boskalis/pasay for an animation about the project activities. ‎ FOR FURTHER INFORMATION Investor relations: Martijn L.D. Schuttevâer ir@boskalis.com Press: Arno Schikker press@boskalis.com T +31 786969310 Royal Boskalis Westminster N.V. is a leading global services provider operating in the dredging, maritime infrastructure and maritime services sectors. The company provides creative and innovative all-round solutions to infrastructural challenges in the maritime, coastal and delta regions of the world. With core activities such as coastal defense, riverbank protection and land reclamation Boskalis is able to provide adaptive and mitigating solutions to combat the effects of climate change, such as extreme weather conditions and rising sea levels, as well as delivering solutions for the increasing need for space in coastal and delta regions across the world. The company facilitates the development of offshore energy infrastructure, including renewable wind energy. Boskalis is furthermore active in the construction and maintenance of ports, waterways, access channels and civil infrastructure, thus helping to facilitate trade flows and regional socio-economic development. In addition, Boskalis is a global marine salvage expert and has a number of strategic partnerships in harbor towage and terminal services (Keppel Smit Towage and Smit Lamnalco). With a versatile fleet of more than 700 vessels and floating equipment and 10,000 employees, including associates, Boskalis is creating new horizons around the world. This press release can also be found on our website www.boskalis.com .

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