FY 2012 Financial Results

1. FY 2012 Financial Results Stork Technical Services

2. Agenda • 2012 Highlights • Key Financials • Result per Division • Financial Results FY 2012 Financial Results

3. 2012 Highlights • Revenues of €1,418m; 5.6% organic growth compared to 2011: • Adjusted EBITDA1) of €96.6m (2011: €95.5m) • Established Stork Technical Services as an independent company with own Supervisory Board and solid finance structure • Successful refinancing of STS by issuance of €272.5m of Senior Secured Notes • Integration of RBG Group has been completed by the end of 2012 • Our excellent safety performance continues to differentiate us from our competitors 1) Non-GAAP measure. Adjusted EBITDA is EBITDA adjusted for non-recurring items FY 2012 Financial Results

4. Agenda • 2012 Highlights • Key Financials • Result per Division • Financial Results FY 2012 Financial Results

5. FY 2012 Key Financials€ Millions, % of Revenues Net operating working capital2) Revenues Adjusted EBITDA1 Order book +5.6%3) 5.1% 7.2% 6.8% 4.5% • Non-GAAP measures. Adjusted EBIT(DA) is EBIT(DA) adjusted for non-recurring items • Current assets minus current liabilities excluding provisions and finance and tax related items • Organic growth, excluding the impact of foreign exchange effects and acquisitions / disposals FY 2012 Financial Results

6. Stork Technical Services at a glanceFY 2012 by Segment Revenues Breakdown by Geography Revenues Breakdown by Division Adjusted EBITDA by Division1) Adjusted EBITDA Margin by Division1) Solutions 13% (2011: 17%) Americas 16% (2011: 13%) SRS 4% (2011: 5%) MECAP 7% (2011: 7%) Cont. Europe 49% (2011: 57%) €116m2) €1.4bn €1.4bn UK & Africa 28% (2011: 23%) Core Services 83% (2011: 78%) Solutions 15% (2011: 19%) SRS 10% (2011: 11%) Core Services 75% (2011: 70%) • Non-GAAP measure. Adjusted EBITDA is EBITDA adjusted for non-recurring items • Excluding adjusted EBITDA of HQ amounting to negative €19m FY 2012 Financial Results

7. Agenda • 2012 Highlights • Key Financials • Result per Division • Financial Results FY 2012 Financial Results

8. FY 2012 Key Financials – Core Services€ Millions, % of Revenues Adjusted EBITDA1) Revenues Highlights • Strong organic growth of 7.7% • favourable market conditions and additional contract wins with key customers (Ecopetrol) in Latin America • Positive developments in North Sea basin and Subsea business • Significant drop in revenues in Belgium put volumes Continental Europe under pressure +7.7%2) Highlights • Solid EBITDA growth on the back of increasing volumes • Strong profitability increase in regions UK and Americas • Lower profitability at Core Services resulting from downturn in Belgium industrial market. Management changed and restructuring announced 7.4% 7.8% • Non-GAAP measure. Adjusted EBITDA is EBITDA adjusted for non-recurring items • Organic growth, excluding the impact of foreign exchange effects and acquisitions / disposals FY 2012 Financial Results

9. FY 2012 Key Financials – Solutions€ Millions, % of Revenues Adjusted EBITDA1) Revenues Highlights • Lower volumes resulting from difficult European Power market: • Volume pressure mainly at product lines Rotating and Electrical equipment • Revenues at Process Equipment hold well (7.5%)2) Highlights • Strong overhead cost reductions partly covered the effects from volume and margin drop • Integration US activities 7.4% 11.2% 10% 9.2% 7.8% • Non-GAAP measure. Adjusted EBITDA is EBITDA adjusted for non-recurring items • Organic growth, excluding the impact of foreign exchange effects and acquisitions / disposals FY 2012 Financial Results

10. FY 2012 Key Financials – SRS€ Millions, % of Revenues Adjusted EBITDA1) Revenues Highlights • Sustainable volumes after rationalization of the customer portfolio • Tailored Services to blue chip customers in Chemical, Oil & Gas and Power industry • Focus on Total Cost of Ownership solutions (2.3%)2) Highlights • Improved profitability as a result of cost cutting measures and rightsizing footprint 7.4% 17.3% 17.7% 10% 9.2% • Non-GAAP measure. Adjusted EBITDA is EBITDA adjusted for non-recurring items • Organic growth, excluding the impact of foreign exchange effects and acquisitions / disposals FY 2012 Financial Results

11. Agenda • 2012 Highlights • Key Financials • Result per Division • Financial Results FY 2012 Financial Results

12. Income Statement€ Millions FY 2012 FY 20112) Comments • Organic growth achieved of 5.6% • EBITDA improved on the back of volume growth • Non-recurring items include advisory costs refinancing and restructuring costs, offset by release of earn out provision legacy RBG • Financial charges increased as result of write down capitalized fees previous finance structure • Result for the year improved with €37m: • Stable EBITDA performance • Non recurring expenses significantly lower • Non-GAAP measure. Adjusted EBIT(DA) is EBIT(DA) adjusted for non-recurring items • 2011 figures are unaudited Pro forma consolidated figures included for comparitive purposes FY 2012 Financial Results

13. Non-recurring items1)€ Millions FY 20112) Comments FY 2012 • Restructuring programs at HQ, Solutions and Sales & Rental • Advisory expenses of €7m in connection with refinancing • Provision of €6m to optimize footprint in UK and Netherlands • Release of €16m provision, regarding not realized earn out arrangement RBG • Write off of €14m capitalized fees of previous finance structure • Non-GAAP measure • 2011 figures are unaudited Pro forma consolidated figures included for comparitive purposes FY 2012 Financial Results

14. Financial Charges€ Millions FY 2012 FY 20111) Comments • Higher net interest expenses resulting from increased average net debt (full year effect of RBG acquisition in May 2011) 1) 2011 figures are unaudited Pro forma consolidated figures included for comparitive purposes FY 2012 Financial Results

15. Statement of financial position€ Millions FY 2012 FY 20111) Comments • Intangible assets result of delisting Stork and RBQ acquisition • Working capital increase in line with volumes • Robust new capital structure established • Decrease employee benefits provision reflects the payments settlement Dutch pension fund 1) 2011 figures are unaudited Pro forma consolidated figures included for comparitive purposes FY 2012 Financial Results

16. Cash flow statement€ Millions FY 2012 FY 20112) Comments • Cash flow from operations decreased by €54m • Effect from working Capital changes (€20m) • Settlement intragroup balance with parent company (€24m) • Non-GAAP measure. Adjusted EBITDA is EBITDA adjusted for non-recurring items • 2011 figures are unaudited Pro forma consolidated figures included for comparitive purposes • Mainly relates to the contribution in kind during the refinancing in Aug. 2012, of the Deep Discount Bond at the level of RBG, to share premium of STS HOLDCO B.V. FY 2012 Financial Results

17. Bridge Revenues / Adjusted EBITDA€ Millions Revenues Adjusted EBITDA1) 1) Non-GAAP measure. Adjusted EBITDA is EBITDA adjusted for non-recurring items FY 2012 Financial Results

18. Disclaimer This presentation has been prepared by Stork Technical Services solely for informational purposes. Stork Technical Services has included non-IFRS financial measures in this presentation. These measurements may not be comparable to those of other companies. Reference to these non-IFRS financial measures should be considered in addition to IFRS financial measures, but should not be considered a substitute for results that are presented in accordance with IFRS. Forward-looking statements are not guarantees of future performance and involve certain risks, uncertainties and assumptions which are difficult to predict and outside of the control of the management of Stork Technical Services. Therefore, actual outcomes and results may differ materially from what is expressed or forecasted in such forward-looking statements. FY 2012 Financial Results