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Brunel International N.V.

Board/Management Information Oct 2, 2017

3823_iss_2017-10-02_89cbda67-41a3-4816-8ebc-8030a5ff7aab.pdf

Board/Management Information

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Press Release

Brunel nominates Jilko Andringa as new CEO

Amsterdam, 2 October 2017

Brunel International N.V. ("Brunel") today announced the appointment of Jilko Andringa as Chief Executive Officer pending shareholder approval. He will succeed Jan Arie van Barneveld.

The Supervisory Board will nominate the appointment of Jilko Andringa as CEO for a period of four years at the Extraordinary General Meeting of Shareholders on 7 December 2017.

The Supervisory Board has also announced the nomination of Jan Arie van Barneveld to be appointed a member of the Supervisory Board with effect from 1 March 2018 for a period of four years at the same EGM. Until that date Jan Arie van Barneveld will stay on as director in order to guarantee the business continuity and a smooth transition.

Daan van Doorn, Chairman of the Supervisory Board: "After a thorough selection process we are pleased to have recruited Jilko Andringa. Jilko has over 20 years of international experience in our industry. We are grateful for everything Jan Arie has done and achieved during his long and successful career with Brunel".

Jilko Andringa: "Brunel is a unique company, and I'm excited about the prospect of leading it through all the developments in the industry. I look forward to working with all the talented people in Brunel to deliver profitable and sustainable growth. My passion as a leader is ensuring continuous development of talented professionals in offices and at clients, the highest quality delivery, and unrelenting client focus, and I know this matches Brunel's values."

Jan Arie van Barneveld

Jan Arie van Barneveld joined Brunel in 2000 and was appointed Chief Executive Officer on 29 September 2000. Under his management, Brunel transitioned from a predominately (distressed) Dutch operation doing € 200 million revenue into a very strong international company with over 100 branches in 40 countries, whilst preserving the unique and entrepreneurial Brunel culture. At the peak in 2014, Brunel generated € 1.4 billion revenue. Jan Arie will retire as CEO having strengthened the European operations and after leading the way to recovery from the strong downturn in the Oil & Gas market.

Jilko Andringa

Prior to joining Brunel, Jilko Andringa has held various international senior positions with leading players in the industry, latest with ManpowerGroup as President Northern Europe. He was responsible for accelerating business growth and delivering talent management solutions that help employers align their workforce strategies with business goals. In his role, Andringa was also the General Manager for ManpowerGroup the Netherlands, was leading RPO/MSP Solutions Europe and Right Management Europe.

Based in the Netherlands, Andringa has held leading roles with ManpowerGroup since 2008. In 2011, he became Regional Managing Director for ManpowerGroup with responsibilities for the Netherlands, Belgium, Luxembourg, Austria and Switzerland.

Prior to joining ManpowerGroup, Andringa held leadership positions at Randstad in Europe and in the U.S. He also worked for Exxon and held various positions in business and operations.

The terms and conditions of Jilko's contract comply with Brunel's remuneration policy.

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For further information:

Jan Arie van Barneveld CEO Brunel International N.V. tel.: +31(0)20 312 50 79
Peter de Laat CFO Brunel International N.V. tel.: +31(0)20 312 50 81

Brunel International N.V. is an international service provider specialising in the flexible deployment of knowledge and capacity in the fields of Engineering, Oil & Gas, Aerospace, Automotive, ICT, Finance, Legal and Insurance & Banking. Services are provided in the form of Project Management, Secondment and Consultancy. Incorporated in 1975, Brunel has since become a global company with over 10,000 employees and annual revenue of EUR 0.9 billion (2016). The company is listed at Euronext Amsterdam N.V. For more information on Brunel International N.V. visit our website www.brunelinternational.net.

Financial Calendar

3 November 2017 Trading update Q3 2017
7 December 2017 Extraordinary General Meeting

Certain statements in this document concern prognoses about the future financial condition and the results of operations of Brunel International N.V. as well as plans and objectives. Obviously, such prognoses involve risks and a degree of uncertainty since they concern future events and depend on circumstances that will apply then. Many factors may contribute to the actual results and developments differing from the prognoses made in this document. These factors include general economic conditions, a shortage on the job market, changes in the demand for (flexible) personnel, changes in employment legislation, future currency and interest fluctuations, future takeovers, acquisitions and disposals and the rate of technological developments. These prognoses therefore apply only on the date on which the document was compiled.

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