Fugro N.V. announces that Mr. F.J.G.M. Cremers (vice-chairman and chairman of the audit committee) has stepped down as member of the supervisory board of Fugro.
The pace with which changes within the financial organisation of Fugro are implemented and that decisions of the supervisory board in respect thereof are not adequately carried through, are the reasons for the decision of Mr. Cremers.
The company emphasises that said reasons do not concern the reported or still to be reported financial figures. The publication date of the 2012 annual figures remains unchanged (8 March 2013). Fugro, as previously announced, is conducting a review of its strategy. This also encompasses the holding functions including the financial organisation and processes. The company considers it important that the results of the strategy review are also included in changes of the financial organisation. The company expects to make further announcements about the strategy review in the second half of 2013.
Fugro thanks Mr. Cremers for his contributions for the almost eight years that he was a supervisory director of the company.
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Cautionary Statement regarding Forward-Looking Statements
This announcement may contain forward-looking statements. Forward-looking statements are statements that are not historical facts, including (but not limited to) statements expressing or implying Fugro N.V.'s beliefs, expectations, intentions, forecasts, estimates or predictions (and the assumptions underlying them).
Forward-looking statements necessarily involve risks and uncertainties. The actual future results and situations may therefore differ materially from those expressed or implied in any forward-looking statements. Such differences may be caused by various factors (including, but not limited to, developments in the oil and gas industry and related markets, currency risks and unexpected operational setbacks).
Any forward-looking statements contained in this announcement are based on information currently available to Fugro N.V.'s management. Fugro N.V. assumes no obligation to in each case make a public announcement if there are changes in that information or if there are otherwise changes or developments in respect of the forward-looking statements in this announcement.