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Book published by Boskalis about the salvage of the Ever Given

Papendrecht, 8 December 2021 ‎ In March this year Boskalis was at the center of worldwide media attention on the salvage of the stranded mega container ship Ever Given in the Suez Canal. In collaboration with the Suez Canal Authority a large group of experts from Boskalis and its subsidiary SMIT Salvage succeeded in refloating the enormous vessel within a week during a spring tide and unblock the canal. This allowed the hundreds of queuing ships to continue their journey and averted a potential disaster for world trade (Lloyd's List estimated the damage at USD 400 million per hour). At the time of the salvage operation and immediately afterwards, Boskalis received numerous questions from the media and interested parties about the progress of the salvage operation and what had happened behind the scenes. In response to these requests and because of the unique nature of this salvage operation, we decided to publish a book reporting on this intense week. Based on interviews with a large number of colleagues involved, combined with various photos, the book paints a chronological picture of what took place on board the stranded vessel with the salvage team, the shore support team in Egypt and the Boskalis offices. The book is available in English and Dutch and can now be ordered from the  Boskalis shop (shop.boskalis.com) or for domestic orders through Bol.com . The book will be shipped as of next week for EUR 9.95 plus shipping cost for international deliveries. 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 650 vessels and floating equipment and 9,900 employees, including associates, Boskalis is creating new horizons around the world. This news release can also be found on our website www.boskalis.com .

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Boskalis consortium secures EUR 24 million research grant to advance emission-free shipping

Papendrecht, 6 December 2021 A broader maritime consortium in which Boskalis is participant has been awarded a EUR 24 million grant to conduct research into accelerating the use of methanol as a low-carbon fuel within the shipping industry. Methanol can enable significant reductions in CO2 emissions compared to traditional fuels and is viewed within the international maritime sector as one of the most feasible ‘clean’ fuels for large-scale adoption by the industry. The program is entitled Methanol as an Energy Step Towards Zero-Emission Dutch Shipping and sponsored by the Dutch Government’s Rijksdienst voor Ondernemend Nederland (Netherlands Enterprise Agency). The research project aims to develop clean energy technology with a high degree of flexibility and broad applications within the shipping industry, from yacht building to offshore work ships and high-powered dredgers. The total research budget amounts to approximately EUR 38 million including a contribution from Boskalis. The consortium, which includes ship owners, yards, suppliers of specialist maritime equipment and knowledge institutions, will retrofit six different vessel types to test the viability of methanol fuel systems. Peter Berdowski, CEO of Boskalis, “Alternative fuel types are the most significant driver for developing a more sustainable maritime industry and we continue to be at the forefront of initiatives exploring the emission-reduction potential presented by methanol and other clean technologies. This research program looking into the use of methanol as a low-carbon fuel is another important step along the road to realizing net-zero objective.” ‎Boskalis is already part of a joint industry project known as the Green Maritime Methanol Consortium which has previously investigated the feasibility of methanol as a sustainable fuel for the maritime sector. A 2020 study supported by TKI Maritiem and the Dutch Ministry of Economic Affairs and Climate Policy demonstrated that the use of methanol is not yet economically viable for retrofit in Boskalis’ vessels, however further research is currently being carried out with regard to its suitability for new-build vessels. 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 650 vessels and floating equipment and 9,900 employees, including associates, Boskalis is creating new horizons around the world. This news release can also be found on our website www.boskalis.com .

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News

Boskalis signs partnership agreement with CIP for the development of the world’s first energy island project

Papendrecht, 30 November 2021 Boskalis has signed a partnership agreement with Copenhagen Infrastructure Partners (CIP), a leading global fund manager focused on renewable energy investments, together with three internationally renowned companies, to bid for the development of the energy island in the Danish North Sea. The signing of this agreement marks a significant step towards realising the world's first energy island, a project conceptualised by CIP and a crucial project in unlocking the rapid and unprecedented build-out of global offshore renewable energy to fight climate change. The Danish Energy Agency is currently in dialogue with potential bidders for the energy island tender, which is expected to be launched by Q3 2022. The four chosen contractors are ACCIONA, Boskalis, DEME and MT Højgaard International, each of which offer a unique set of capabilities and experience. These contractors, together called the "NJORD Group", display an impressive track record, as well as an extensive pool of best-in-class equipment and skilled staff needed to ensure reliable and timely project development and execution. Peter Berdowski, CEO Royal Boskalis Westminster: “We are excited with the formation of this partnership together with CIP as a leading global developer in the field of renewables. With our unique track record of creating new and climate resilient land development projects, together with our broad range of capabilities in the area of renewables, Boskalis is a logical contractor for the development of this innovative energy island in the Danish section of the North Sea. We look forward to taking the development of renewables further offshore to create a sustainable new horizon for millions of European households.” The energy island in the North Sea will be located approximately 80-100 kilometres off the Danish west coast, where conditions for green energy production based on offshore wind are optimal. The island will be able to connect 10 GW of offshore wind to Denmark and other neighbouring markets, host an innovation zone with potential for large-scale energy storage and Power-to-X technologies, and provide accommodation and operation and maintenance services from onsite harbour facilities. For the full press release of CIP, please refer to https://cipartners.dk/2021/11/30/cip-secures-world-class-global-contractor-group-for-the-worlds-first-energy-island-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 650 vessels and floating equipment and 9,900 employees, including associates, Boskalis is creating new horizons around the world. This news release can also be found on our website www.boskalis.com . 

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Press release

Boskalis receives EUR 450 million offshore wind project

Papendrecht, 15 November 2021 Boskalis has been awarded a contract for the transportation and installation of the monopile foundations and substations for an offshore wind farm development with a value of approximately EUR 450 million. Boskalis’ successful track record in offshore wind energy is founded in Europe and has expanded to Asia in recent years and more recently to the US East Coast. Boskalis’ unique offering of marine transport and installation capabilities through its state-of-the-art Bokalift 1 and Bokalift 2 crane vessels and versatile heavy transport fleet are ideally suited for large-scale offshore wind projects. This contract ties-up one year of crane vessel utilization days in addition to the equivalent of two years of heavy transport vessels. Engineering and pre-construction work has already commenced and project execution is scheduled to commence in 2023. Boskalis’ strategy is aimed at leveraging on key macro-economic factors which drive worldwide demand in our markets: expansion of the global economy, increase in energy consumption, global population growth and the challenges that go hand in hand with climate change. This project is related to the development of generating renewable energy due to climate change and increasing energy consumption.‎ This is a Boskalis press release on the grounds of article 17 paragraph 1 of the European Market Abuse Regulation (596/2014). 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 650 vessels and floating equipment and 9, 9 00 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 and Keppel to sell KST and Maju to Rimorchiatori Mediterranei

Papendrecht, 15 November 2021 Boskalis and its co-shareholder KS Investments Pte. Ltd. (Keppel) have signed an agreement relating to the sale of their harbor towage activities in Singapore and Malaysia to Rimorchiatori Mediterranei S.p.A. The sale transaction relates to Keppel Smit Towage Private Limited (KST) and Maju Maritime Pte Ltd (Maju). Under the terms of the agreement, Boskalis expects to receive approximately EUR 80 million in cash for its 49% equity stake. The contribution of KST/Maju to the net profit of Boskalis over the last two years was EUR 4 million per annum. Keppel Smit Towage (KST) was established in 1991 as a joint venture between Keppel and SMIT, a wholly-owned subsidiary of Boskalis. Over the past thirty years, KST has developed into one of the largest and leading harbor tug service providers in Southeast Asia. KST operates a combined fleet of 58 tug boats in Singapore and through its joint venture in Malaysia. The sale of KST follows the strategic decision taken by Boskalis in 2019 to divest its harbor towage activities. Boskalis divested its stakes in Saam Smit Towage and Kotug Smit Towage in 2019. Rimorchiatori Mediterranei S.p.A. is a subsidiary of Rimorchiatori Riuniti Group, a leading maritime service provider headquartered in Genoa, Italy established in 1922. Rimorchiatori Mediterranei operates a fleet of more than 100 modern vessels in more than 20 major ports employing approximately 900 people. The agreement is subject to approval from the regulatory agencies in Singapore and the transaction is expected to close in the first half of 2022. FOR FURTHER INFORMATION Investor relations: Martijn L.D. Schuttevâer ir@boskalis.com Press: Arno Schikker press@boskalis.com T +31 786969310 This is a Boskalis press release on the grounds of article 17 paragraph 1 of the European Market Abuse Regulation (596/2014). 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 9,600 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

Trading update: Boskalis maintains 2021 EBITDA guidance

Papendrecht, 12 November 2021 THIRD-QUARTER HIGHLIGHTS Busy quarter with an increase in revenue Higher utilization in both Dredging and Offshore Energy Salvage: exceptionally quiet quarter Order book: EUR 5.1 billion Solid stable net cash position OUTLOOK FOR 202 1 Dredging: busy second half of the year with high hopper fleet utilization Offshore Energy: stable market picture in line with first half year Towage & Salvage: Towage stable picture; Salvage quiet second half year EBITDA guidance maintained: second half year in line with first half year Royal Boskalis Westminster N.V. (Boskalis) has closed a busy third quarter. In line with expectations, quarterly revenue was higher than the quarterly average for the first half year. In the past quarter, projects continue to be affected to a greater or lesser extent by the consequences of the COVID-19 pandemic. International travel and entry restrictions make it as challenging as ever to keep projects and vessels operational, especially in the Far East, where the additional costs due to COVID measures are weighing heavily on the margins of certain projects. Nevertheless, Boskalis was once again successful in executing projects in the past quarter, with a higher vessel utilization. The order book stood at EUR 5.1 billion at the end of September, down from the record level at the end of June. Over EUR 0.3 billion worth of contracts were acquired in the third quarter. The order book is still very well filled thereby offering a solid foundation for the rest of this year and the period thereafter. Boskalis is maintaining its EBITDA guidance for the full year 2021. Barring unforeseen circumstances, the EBITDA level in the second half of the year will be in line with the EUR 226 million achieved in the first half. The financial position of Boskalis remains very solid and the net cash position of EUR 210 million is virtually unchanged compared to mid 2021.  Operational developments. The third quarter at Dredging & Inland Infra proceeded in line with expectations. Numerous projects in Asia (mainly in the Philippines and Singapore), Denmark and the Netherlands contributed well to revenue. The hopper fleet was very well utilized in the third quarter and the cutter fleet was also busier compared to the first half of the year. Quarterly revenue increased compared to the quarterly average for the first half of the year. A variety of smaller projects were acquired during the quarter. In addition to numerous variation orders, new projects were primarily acquired in Europe, the Middle East and Asia. On balance, the Dredging & Inland Infra order book declined slightly compared to mid-year 2021. Within Offshore Energy , the third quarter proceeded well. Offshore wind projects in Taiwan and Europe contributed significantly to revenue within the contracting cluster. In the services cluster, Marine Transport & Services contributed significantly and Subsea Services, partly due to the integration of Rever Offshore, maintained the strong performance from the first half of the year. The utilization of the heavy transport vessels was fractionally lower compared to the first half of the year, while the rest of the fleet (diving support-, crane-, survey-, cable laying- and fall pipe vessels) was better utilized. During the quarter, new contract awards were largely related to the services activities (transport, subsea services and survey). On balance, the Offshore Energy order book decreased compared to mid 2021. Within the Towage & Salvage segment, Salvage experienced an exceptionally quiet third quarter after a financially very strong first half year. In Towage, the contribution of the towage joint ventures was in line with the quarterly operational contribution of the first half year. Financial position Boskalis’ strong financial position did not change significantly during the quarter. The EUR 100 million share buyback program was completed mid-September and the ongoing investment program, including the new Bokalift 2 crane vessel, is proceeding in line with expectations. The net cash position is virtually stable at EUR 210 million, excluding IFRS16-related lease obligations. With the available cash and cash equivalents plus bank facilities, Boskalis now has a readily available financing capacity in excess of EUR 1 billion. Outlook Based on projects in execution and the order book, Boskalis is in good shape. Nevertheless, the consequences of stringent COVID-19 restrictions, particularly in the Far East, play an important role and the definitive start of the sizable project in the Philippines is of great importance. For 2021, based on fleet planning, projects in the order book and barring unforeseen (COVID-19) circumstances, the Board of Management expects the EBITDA level of the second half of the year to be in line with the EUR 226 million from the first half of the year. For 2021, capital expenditures are expected to amount to approximately EUR 375 million, including dry-dockings and the offshore support and survey vessels already acquired earlier this year. This does not include any acquisitions. ‎ FINANCIAL CALENDAR 10 March 2022 Publication of 2021 annual results 12 May 2022 Trading update on first quarter of 2022 12 May 2022 Annual General Meeting of Shareholders 18 August 2022 Publication of 2022 half-year results 11 November 2022 Trading update on third quarter of 2022 Consensus Estimates Boskalis collects earnings estimates from those sell-side analysts that follow Boskalis prior to the publication of the (semi-)annual figures and planned trading updates. The average of these estimates (consensus estimates) can be consulted on the Boskalis website boskalis.com/IR/estimates ‎ FOR FURTHER INFORMATION Investor relations: Martijn L.D. Schuttevâer ir@boskalis.com Press: Arno Schikker press@boskalis.com T +31 786969310 This is a Boskalis press release on the grounds of article 17 paragraph 1 of the European Market Abuse Regulation (596/2014). This is an English translation of the Dutch press release. In the event of any disparity between the Dutch original and this translation, the Dutch text will prevail. 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 650 vessels and floating equipment and 9,900 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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