In the meeting of 16 November 2012 the Supervisory Board of Fugro N.V. has decided to the changes in Fugro's top
management. The Supervisory Board and Mr. Arnold Steenbakker have jointly agreed that Mr. Steenbakker will step down as Chairman of the Board of Management of Fugro N.V. and will leave the company, because of a difference of opinion with respect to the vision regarding the direction for the company. Mr. Paul van Riel, until now Vice-chairman of the Board of Management, has been appointed as his successor. Mr. Van Riel joined Fugro in 2001 when Fugro acquired Jason Geosystems; at that time he was Managing Director of this company. He is a member of Fugro's Board of Management since 2006 and Vice-chairman since the beginning of 2012. Messrs. Stephen (Steve) J. Thomson and Mark R.F. Heine have been appointed as successors of Mr. Jacob Rüegg (68) who will retire in May 2013. Mr. Thomson will manage the Subsea Services business line and Mr. Heine will manage the Survey business line. Mr. Thomson will be nominated for appointment to the Board of Management of Fugro N.V. at the Annual General Shareholders meeting to be held in May 2013.