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Brunel International N.V.

Transaction in Own Shares Jun 1, 2021

3823_iss_2021-06-01_a36a0b24-c80f-4a82-9f18-ece2c39a1c78.pdf

Transaction in Own Shares

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Press Release

Brunel commences share buyback program to cover performance share plans

Amsterdam, 1 June 2021 – Brunel International N.V. (Brunel; BRNL), a global provider of flexible workforce solutions and expertise, today announced the start of its share buyback program.

Brunel intends to repurchase ordinary shares on Euronext Amsterdam for an amount up to EUR 1,977,000, starting on 3 June 2021 in order to meet obligations under its performance share plan for senior management (excluding Board of Directors). The performance share plan is conditional to targets for financial year 2023. Shares will vest 2024 with a lock-up period of two years.

Based on the closing price of the Brunel's ordinary shares on Euronext Amsterdam on 31 May 2021 this would be equivalent to 175,577 ordinary shares (0.35% of the total outstanding shares). The share buyback program will ultimately end on 30 July 2021, unless the maximum amount of EUR 1,977,000 has been repurchased prior to that date. In the latter case the program will end on the date on which this maximum is reached and the early termination will be immediately disclosed.

Brunel will publish a press release every Monday for the duration of the buyback program, provided shares were repurchased in the preceding week. An overview of the progress of the share buyback program can be found on Brunel's website.

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 tailor made solutions like Recruitment, Global Mobility, Project Management, Secondment, Consultancy or scope of work 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 Oil & Gas, Renewable Energy, Future Mobility, Mining, Life Sciences and Infrastructure.

Incorporated in 1975, Brunel has since become a global company with over 12,000 employees and annual revenue of EUR 0,9 billion (2020). 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

30 July 2021 Publication half-year 2021 results
29 October 2021 Trading update for the third quarter 2021

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.

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