Boskalis Update on Share Buyback Program

 In the period from 18 August up to and including 22 August, Royal Boskalis Westminster N.V. (Boskalis) repurchased 150,500 of its own shares at an average price of EUR 41.5715 per share for a total consideration of EUR 6,256,515.50 million.

The repurchases took place within the framework of the share buyback program which was announced on 14 August. Boskalis intends to repurchase up to 10 million of its own shares in the next two and a half years, subject to the development of results and maintaining the desired balance sheet ratios. A total of 150,500 shares have been repurchased under the program to date for a total consideration of EUR 6,256,515.50 million.

This is the first press release updating the share buyback program. During the program Boskalis will publish a weekly update every Monday provided that shares were bought back in the preceding week. These press releases will only be published on the company website and with the AFM.

Interested parties can subscribe to receive these press releases by sending an email to [email protected]. Individual weekly press releases are available upon request through this same email address.