Brunel International N.V.

Management Reports • Nov 28, 2023

Press Release

Brunel presents its 2024-2027 Strategy: The Next Level

Amsterdam, 28 November 2023 – Today at its Capital Markets Event, Brunel International N.V. (Brunel; BRNL), a global specialist delivering customised project and workforce solutions, will present an update on its strategy and growth plans for the period 2024-2027.

Highlights Strategy Update 2024 – 2027

• Progress 2021-2023 in line with previous plan
• Outlook for core markets remains strong
• Improvement of conversion continues
• Update on medium term objectives and key metrics to underline ambition

Jilko Andringa, CEO of Brunel International N.V.: "With the strong progress we have made on our five-year plan for 2021-2025, it is now time to provide an update to our goals. Despite challenging circumstances, we are successfully executing the strategy we set in 2021 and are on track to achieve our targets.

The world's goals of energy security and transition to renewables, as well as the ongoing digital transformation are leading to record level investments in our chosen markets. The success of these investments largely depends on the availability of specialists. We are perfectly positioned to support our clients in attracting all the required skills, and at the same time offer unique career opportunities to our specialists.

The slowdown in the offshore wind industry appears to be very temporary. I look forward to my interview with Tom Hopkinson during our capital markets event later today, where Tom will share his view on the short- and medium-term expectations for this market.

These market dynamics give us an opportunity to achieve high single digit revenue and gross profit growth for the years to come. The investments we have made in our organisation and IT/digital infrastructure, supported by disciplined execution and cost control, will help us to increase our conversion ratio.

And most important, our unique culture and the eagerness of all Brunellers will drive us to the next level".

Capital Markets Event and Live Webcast

Today at 15:00 CET Brunel will host a Capital Markets Event at which it will present and discuss the strategy update. You can register to attend or watch the event through a real-time webcast www.brunelinternational.net. The presentations and a replay of the webcast will be made available on our website.

Attachment: Press Release CMD 2023

Source: Brunel International NV

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For further information:

Jilko Andringa	CEO	tel.: +31(0)20 312 50 81
Peter de Laat	CFO	tel.: +31(0)20 312 50 81
Graeme Maude	COO	tel.: +31(0)20 312 50 81

Brunel International N.V. is a global provider of flexible specialist workforce solutions. We deliver tailormade end-to-end capabilities such as Project & Consulting, Workforce and Global Mobility Solutions for our clients, both on a global scale and on a local level. Our ability to help our clients beyond their expectations is a testament to our people and their entrepreneurial spirit, knowledge and results-driven approach. Our people are at the heart of everything we do.

We connect the most talented professionals with leading clients in Conventional Energy, Renewables Energy, Mining and Life Sciences.

Incorporated in 1975, Brunel has since become a global company with over 11,000 employees and annual revenue of EUR 1.2 billion (2022). 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

28 November 2023	Capital Markets Day
23 February 2024	Publication Full Year 2023 results

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. The financial figures as presented in this press release are unaudited.