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Consortium of Boskalis, Bouygues and Saipem selected for Fecamp Offshore Wind Farm foundations

 Papendrecht, 2 June 2020 Royal Boskalis Westminster N.V. (Boskalis) in consortium with Bouygues Travaux Publics (Bouygues) and Saipem has been awarded the design work, construction and installation scope for 71 concrete Gravity-Based Structures (GBS) as foundation for the Fécamp offshore wind farm in Normandy, France. The award was made by Eoliennes Offshore des Hautes Falaises (EOHF). The contract carries a total value of EUR 552 million and the contract value split being 40.5% (Bouygues Travaux Publics) 40.5% (Saipem) 19% (Boskalis). The offshore wind farm will be located between 13 and 22 kilometers off the coast of Fécamp in Normandy. The 71 wind turbines will be connected to the gravity-based foundations installed on the seabed at depths between 25 and 30 meters. Within the consortium, Bouygues, as the leader of the Consortium, and Saipem are tasked with the design, construction and installation on the seabed of the 71 gravity-based foundations with an individual weight of up to 5,000 tonnes necessary to provide the stability of the 7MW wind turbines. Boskalis is tasked with the design and preparation of the seabed rock foundation prior to GBS installation, and the scour protection and ballasting of the GBS’ after installation on the seabed. The foundations will be constructed in the Bougainville maritime works yard in the Grand Port Maritime of Le Havre and will be transported by barge to the offshore wind farm site. The works, which will start in the next few days, should be completed by the end of 2022. The commissioning and operational start-up of the wind farm are planned for 2023. With a total power output of some 500 MW, the Fécamp offshore wind farm should produce the equivalent of the domestic electricity consumption of approximately 770,000 people, representing more than 60% of the inhabitants of the Seine-Maritime department. To carry out this project, EOHF has selected internationally recognized companies in the fields of civil engineering and construction, dredging, offshore installation and maritime works. With this unique combination of expertise, the consortium partners are confident to successfully deliver and contribute to the energy mix diversification program of the French Government. ‎ 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 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 . Bouygues Travaux Publics Bouygues Travaux Publics is a global leader in the construction of sustainable public infrastructure enhancing regional development. A Bouygues Construction’s subsidiary specialised in civil works and structural engineering, the company has solid expertise in underground works, river and maritime works, linear projects, industrial civil engineering, earthworks and surface mining. Throughout the world, our teams are committed to innovating and creating value for our clients. For further information, go to www.bouygues-construction.com Saipem Saipem is a leading company in engineering, drilling and construction of major projects in the energy and infrastructure sectors. It is “One ‐ Company” organized in five business divisions (Offshore E&C, Onshore E&C, Offshore Drilling, Onshore Drilling and XSIGHT, dedicated to conceptual design). Saipem is a global solution provider with distinctive skills and competences and high ‐ tech assets, which it uses to identify solutions aimed at satisfying customer requirements. Listed on the Milan Stock Exchange, it is present in over 70 countries worldwide and has 35 thousand employees of 120 different nationalities www.saipem.com  

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Boskalis awarded two dredging contracts in Finland

Papendrecht, 27 May 2020  Royal Boskalis Westminster N.V. (Boskalis) has been awarded two contracts in Finland by the Finnish Transport Infrastructure Agency, the Port of Helsinki and the City of Helsinki with a combined contract value of EUR 32 million. In the Port of Helsinki, Boskalis will deepen de Vuosaari fairway and harbor basin from eleven to thirteen meters and utilize a part of the dredged material for the development of Helsinki’s Hernesaari area, which is close to the center of the city. The activities will commence immediately and are due to be completed by the end of 2021. ‎For the harbor deepening scope a volume of one million cubic meters of clay and moraine material will be dredged and 0.8 million cubic meters of rock will be removed from the seabed by means of drilling and blasting. Part of this material will be transported by vessel to the Hernesaari area and reused for the reclamation of 6 hectares of land on which offices and residential housing for 7,000 people will be developed in the coming years. For these activities Boskalis will deploy a variety of specialized dredging equipment including two large backhoe dredgers, a grab dredger, a drilling barge and various hopper barges. Boskalis’ strategy is aimed at benefitting from 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. These projects are largely driven by growth in global trade and the trend towards larger vessels with deeper drafts as well as population growth in major cities.  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 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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Important milestone Bokalift 2 crane vessel conversion

Papendrecht, 18 May 2020 Royal Boskalis Westminster N.V. (Boskalis) is pleased to announce an important milestone in the conversion project of its new crane vessel Bokalift 2. Yesterday, a steel cutting ceremony took place at the shipyard Drydocks World in Dubai. This milestone marks the beginning of an important new phase in the modification of the vessel’s hull and deck. The conversion scope includes the fabrication and installation of 9,000 tons of steel blocks on both sides of the vessel to increase the stability of the vessel and the installation of a new work deck. A 4,000 ton crane will be installed on the vessel in 2021. This revolving crane will be capable of lifting structures more than 100 meters high. Peter Berdowski, CEO of Boskalis: “This steel cutting ceremony marks an important step for Boskalis and the conversion of the Bokalift 2. The huge deck space combined with the large crane make the Bokalift 2 an extremely versatile asset and valuable addition to the Boskalis fleet. We look forward to putting this unique crane vessel to work on its maiden offshore wind project in Taiwan. Yesterday’s milestone is especially commendable in view of the challenging times that we are all currently experiencing.” The Bokalift 2 will be deployed for the first time at the Changfang and Xidao offshore wind farm (CFXD OWF) project in Taiwan, owned by Copenhagen Infrastructure Partners (CIP) and two Taiwanese life insurance companies. The project includes the transportation and installation of 62 three-legged jacket foundations and the accompanying 186 pin piles. 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 9,600 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 Trading Update Q1 2020

Papendrecht, 13 May 2020 The first quarter of 2020 was above expectations for Royal Boskalis Westminster N.V. (Boskalis). In light of the worldwide developments of the COVID-19 virus, Boskalis closed a good first quarter. A modest increase in revenue was accompanied by a higher result compared to the same period last year. The order book decreased slightly at the end of the quarter compared to the record position held at the end of 2019. To date there have been no project cancellations of substance impacting the order book. The already very solid financial position improved further in the course of the first quarter. HIGHLIGHTS FIRST QUARTER 2020 COVID-19 impact on first quarter result relatively limited Increased revenue and higher EBITDA compared to the first quarter of 2019 Fleet utilization: mixed picture within both Dredging and Offshore Energy Order book: EUR 4.6 billion Positive net cash position of EUR 57 million and a directly available financial headroom of approximately EUR 850 million OPERATIONAL DEVELOPMENTS With regard to the COVID-19 (corona) virus Boskalis has taken maximum precautions to ensure the health, safety and wellbeing of its employees. At the same time, all necessary steps are being taken to continue operating the business. Projects are only affected to a limited extent by generic lockdown measures. The greatest operational challenge for Boskalis is to relieve the crews on the vessels and project personnel due to global travel restrictions. On a case by case basis tailored solutions are applied to ensure the continuity of business operations and the health of colleagues. A test procedure for COVID-19 has been developed in collaboration with the Travel Clinic, part of the Erasmus Medical Center in Rotterdam, the Netherlands. This procedure is being applied successfully since a couple of weeks for the relief of crews. Dredging & Inland Infra Revenue at the Dredging & Inland Infra division decreased slightly with a lower result compared to the first quarter of last year. Noteworthy projects in progress included Duqm (Oman), Pulau Tekong and Tuas Terminal Phase 2 (Singapore), LNG Canada and various medium-sized projects in the Netherlands. Of the medium to large projects, only the Pulau Tekong project is currently on hold due to COVID-19 measures following a selective lockdown in Singapore. Pulau Tekong mainly comprises civil engineering activities and does not involve the deployment of large dredging vessels. As a consequence, the earnings impact is very limited. The hopper fleet utilization was lower compared to last year. On the other hand, the utilization of the cutter fleet in the first quarter was exceptionally strong, partly due to the deployment of the mega cutter Helios in the Middle East. The order book of Dredging & Inland Infra decreased slightly compared to the end of 2019. The portfolio in the Netherlands increased and includes the definitive award for the major maintenance of the N3 highway and maintenance dredging in the port of Rotterdam. Following the close of the quarter, the Council of State ( Raad van State) made an important ruling in the context of the implementation of the project plan for the reinforcement of the Markermeer dikes. As a result of this ruling, the execution of all activities can proceed and the project will make an important revenue contribution in 2020 and 2021 for Boskalis in the Netherlands. In the second quarter, a follow-up project was also received for the construction of a second artificial island in the IJmeer lake, adjacent to the so-called beach island ( Strandeiland ), which is currently being reclaimed next to the existing IJburg islands in Amsterdam. Offshore Energy The first quarter at Offshore Energy went well given the circumstances. With a higher revenue level compared to the first quarter of 2019, the operating result was slightly negative, whereas the result in 2019 was strongly negative. The first quarter is traditionally weak due to seasonal effects. The contracting part of the division consists of Installation & Intervention (I&I) and the Offshore Wind activities. At I&I, several pipeline-related and decommissioning projects contributed to revenue. At Offshore Wind, Subsea Cables had a relatively busy quarter with the projects Ostwind 2, Triton Knoll and Borssele Beta in progress. The services part of the division consists of Marine Transport & Services, Subsea Services and Marine Survey. At Marine Transport, a part of the large vessels was well-occupied however part of the of the fleet is dependent on a challenging spot market. At Subsea Services and Marine Survey, the winter period in the North Sea is usually weak and sales were at a level comparable to the beginning of last year. As of the beginning of the year, the Marine Survey activities of Horizon Geosciences are fully consolidated. Horizon had a very busy first quarter and made a good contribution to both the first quarter revenue and the result. The occupation of the different types of offshore vessels showed a mixed picture. Whilst the transport vessels and AHTs were better utilized, the cable-laying vessels and diving support vessels had more downtime, in line with the normal seasonal pattern. A large number of smaller projects were acquired during the quarter and the order book remained virtually stable compared to the end of 2019. Towage & Salvage Salvage had a fairly normal first quarter marked by two salvage assignments in Brazil. Salvage's turnover was lower than the exceptionally busy first quarter of 2019. The contribution of the Towage joint ventures, adjusted for the divestment of Kotug Smit Towage early 2019, was virtually stable. Financial position Boskalis has further sharpened its strong focus on cash management since the outbreak of COVID-19. Various initiatives have been taken aimed at limiting non-project-related expenditure, optimizing working capital and to preserve the financially strong position. In light of this, it was announced in early April that the capital expenditure for 2020 would be halved to EUR 200 million, that there will be no dividend pay-out for the financial year 2019 and that the share buyback program was suspended. The combined effect of these measures results in a positive cash flow effect of approximately EUR 320 million in 2020. Boskalis’ financial position remains strong. The company closed 2019 with a positive net cash position, which doubled during the first quarter to EUR 57 million. The company thereby comfortably meets its financial covenants. Mid-April, Boskalis announced the successful refinancing of its Revolving Credit Facility until April 2025. This new committed facility of EUR 500 million also has improved conditions compared to the previous one. With the available cash in hand together with its banking facilities, Boskalis has a directly available financial headroom of approximately EUR 850 million. OUTLOOK With the publication of the 2019 annual results early March, we already stated that it is difficult to make a specific quantitative statement early in the year about the projected annual result for 2020 given the project-based nature of a significant part of our activities and given the uncertain circumstances. It seems inevitable that the COVID-19 crisis combined with the low oil price will have a negative impact on our business. The market picture drawn in the Corporate Business Plan 2020-2022 presented at the beginning of March has become obsolete. Nevertheless, given the extreme circumstances, we are not outspokenly negative for the rest of the year. Thanks in part to the record order book with which we started the year, the precautionary measures taken and the first signs that the COVID-19 restrictions appear to be stabilizing worldwide, we are cautiously confident about the rest of the year. Capital expenditure in 2020 is expected to amount to approximately EUR 200 million, including dry dockings, but excluding any acquisitions such as the acquisition of the remaining shares in Horizon (EUR 35 million) acquired late January. 2020 FINANCIAL AGENDA 30 June Annual General Meeting of Shareholders 20 August Publication of 2020 half-year results 6 November Trading update on third quarter of 2020 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 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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Boskalis refinances its revolving credit facility with a new EUR 500 million facility

Papendrecht, 14 April 2020 Royal Boskalis Westminster N.V. (Boskalis) has refinanced its revolving credit facility (RCF) providing the company with EUR 500 million committed bank financing until April 2025. The new facility was coordinated by ING Bank and is provided by a syndicate of seven banks (ABN AMRO Bank, BNP Paribas, HSBC, ING Bank, MUFG, Rabobank and NatWest). With the new five-year facility with improved terms, Boskalis refinances its current RCF which was due to mature in August 2021. Within the new facility there is an option to increase the facility size by an additional EUR 150 million as well as two 1-year extension options. Besides the RCF and its options, Boskalis has a US Private Placement of USD 325 million outstanding that matures in July 2023. With the new facility in place, Boskalis’ financing structure is well spread and long dated. The financial position of Boskalis continues to be very strong. The company ended the year 2019 with a positive net cash financial position of EUR 26 million, with a further slight improvement as per 1 April 2020. The current cash position and new RCF offers Boskalis substantial financial headroom to run its operations and to undertake future investments.‎ 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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Boskalis expands Salvage presence in the US by acquiring Ardent Americas

Papendrecht, 9 April 2020 Royal Boskalis Westminster N.V. (Boskalis) announces the acquisition of maritime emergency response specialist Ardent Americas LLC (Ardent Americas). Ardent Americas is a leading player under the Oil Pollution Act of 1990 (OPA90) for the provision of marine emergency response services in the United States (US). Under the OPA90 program there is a statutory requirement from the United States Coast Guard that shipowners trading in US waters must have an agreement in place with approved emergency response companies for the provision of salvage and marine firefighting services. Ardent Americas OPA90 program covers approximately 500 shipowners encompassing over 4,000 vessels. Ardent Americas was established in 2015 following the merger of Svitzer Salvage and Titan Salvage, operates from Houston and Fort Lauderdale in the US and was a subsidiary of Ardent Global Marine Services, headquartered in IJmuiden, the Netherlands. Through this acquisition Boskalis further strengthens its existing position in the US maritime salvage market. Boskalis currently provides OPA90 services in the US with Donjon-Smit through its subsidiary SMIT Salvage and its joint venture partner Donjon Marine. With over 175 years of experience, SMIT Salvage is synonymous with total commitment to the challenging field of marine emergency response and wreck removal, especially when optimal care for the environment is a priority. 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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