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Update Public Offer by HAL for Boskalis

Papendrecht, 10 February 2023

Following the completion of the Public Offer by HAL for all issued and outstanding shares in Royal Boskalis N.V. (“Boskalis”) and the delisting of Boskalis as per 9 November 2022, the Amsterdam Court of Appeal has ordered in the statutory buy-out proceedings that all remaining shares in Boskalis, held by third parties, are to be transferred to HAL against payment by HAL of EUR 33.00 per Share, increased with statutory interest from 27 September 2022 until the date of payment by HAL.

To expedite such a transfer, all remaining shareholders have the opportunity to voluntarily transfer their shares to HAL between Monday 13 February 2023 and Friday 24 February 2023, 17:40 CET (securities account Euroclear Nederland – Account 29183). The payment (settlement) of transferred Shares is scheduled to take place on Tuesday 28 February 2023.

Any remaining shares that are not transferred during the above period will by operation of law be transferred to HAL subsequently. HAL will request Euroclear Nederland to arrange for payment of the corresponding amount to the relevant former holders of Shares in accordance with the ‘Euroclear Nederland Consignatiekasprocedure’.

For further information, we refer you to the website of HAL (

Martijn L.D. Schuttevâer

T +31 786969310

Boskalis 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 strategic partnership in terminal services (Smit Lamnalco). With a versatile fleet of more than 500 vessels and floating equipment and approximately 10,000 employees, including associates, Boskalis is creating new horizons around the world.

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