The Board of Management of Fugro N.V. ('Fugro') notes the speculation in relation to Fugro's discussions with respect to a potential refinancing including a potential equity offering.

The Board of Management of Fugro confirms that it is in advanced discussions with its financing banks and potential investors. Fugro intends to release its Q3 trading update in due course and will provide an update at that point. This press release provides no certainty as to whether the parties will reach an agreement, or that a refinancing or equity offering will take place.

Contact:

Edward Legierse

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