Boskalis_Annual_Report_2016

122

2015 100% 100% 100% 100% 100% 100%

2016 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% - 49%

COMPANY

CITY OF INCORPORATION

COUNTRY OF INCORPORATION

Boskalis Offshore Marine Services N.V. Boskalis Offshore Transport Services N.V. Dredging & Contracting Belgium N.V. Unie van Redding- en Sleepdienst België N.V. Unie van Redding- en Sleepdienst N.V.

Antwerp Antwerp Overijse Antwerp Antwerp Hamburg

Belgium Belgium Belgium Belgium Belgium Germany Germany Germany

Boskalis Offshore GmbH

Boskalis Offshore International GmbH

Wilhelmshaven Wilhelmshaven Hoddesdon Hoddesdon Hoddesdon Copenhagen Randaberg

- - - - - -

VBMS GmbH

Boskalis Offshore Limited Boskalis Offshore CI Limited

United Kingdom United Kingdom United Kingdom

VBMS (UK) Limited

VBMS ApS

Denmark Norway

Boskalis Offshore AS

100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 49% 100% 100%

Boskalis Offshore Subsea Contracting Azerbaijan LLC

Baku

Azerbaijan South Africa

Smit Marine South Africa (Pty) Ltd.

Cape Town

Boskalis Offshore Subsea Services (Middle East) L.L.C.* Boskalis Offshore Subsea Services (Australia) Pty Ltd

Dubai

United Arab Emirates

Chatswood Singapore Singapore Singapore Singapore

Australia Singapore Singapore Singapore Singapore

Smit Holding Singapore Pte. Ltd. Smit Shipping Singapore Pte. Ltd.

Smit Singapore Pte. Ltd.

Smit Tak Heavy Lift (S) Pte. Ltd.

TOWAGE & SALVAGE Rotterdam Tug B.V.

Rotterdam Rotterdam

The Netherlands The Netherlands The Netherlands The Netherlands The Netherlands The Netherlands The Netherlands The Netherlands

100%

SMIT Harbour Towage Rotterdam B.V.

-

SMIT Salvage B.V.

Papendrecht Papendrecht Papendrecht Papendrecht Papendrecht Papendrecht

100% 100% 100% 100% 100% 100%

Smit Towage Brasil B.V. Smit Towage Europe B.V. Smit Towage Holding B.V. Smit Towage Mexico B.V. Smit Towage Terminals B.V.

-

SMIT Harbour Towage Belgium NV Smit Harbour Towage (UK) Limited

Antwerp Fareham

Belgium

- -

United Kingdom

HOLDING & ELIMINATIONS Baggermaatschappij Boskalis B.V. ANNUAL REPORT 2016 – BOSKALIS FINANCIAL STATEMENTS 2016 Boskalis Finance B.V. Boskalis Holding B.V. Boskalis Westminster Dredging B.V. Smit Internationale Beheer B.V. Smit Internationale N.V. Smit Internationale Overseas B.V. Smit Nederland B.V. Smit Vessel Management Services B.V. Boskalis Germany Holding GmbH UAB "Boskalis Baltic" B.K.W. Dredging & Contracting Limited Boskalis Westminster Dredging Limited

Papendrecht Papendrecht Papendrecht Papendrecht Papendrecht

The Netherlands The Netherlands The Netherlands The Netherlands The Netherlands The Netherlands The Netherlands The Netherlands The Netherlands The Netherlands

100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100%

Boskalis Marine Infrastructure Investments B.V.

Rotterdam

Papendrecht

Rotterdam Rotterdam Rotterdam Hamburg Klaipeda

Germany Lithuania

Nicosia Nicosia

Cyprus Cyprus

* The Group holds a legal interest of 50% or less in these entities, but has the majority of voting power. As a consequence, the Group consolidates these subsidiaries in accordance with the principles of financial reporting set out in paragraph 3.