1.A World of Solutions CB&I Capabilities and Experience The Most Complete Energy Infrastructure Focused Company in the World Jeff Merrifield Senior Vice President Global Business Development Power

2. A World of Solutions 2 Chicago Bridge & Iron, N.V. Nearly 125 years of experience and expertise in reliable solutions Market Cap $5 Billion (Feb. 2013) $24.5 Billion Backlog* >50% / 50% U.S. versus international Approximately 50% / 50% Lump Sum versus Reimbursable 50,000 Employees Worldwide 80 Principal Global Locations CB&I Overview *As of June 30, 2013 3. A World of Solutions 3Proprietary & Confidential 02P082013M CB&I History and Shaw Acquisition 4. A World of Solutions 4 Diversification across Energy Infrastructure 5. A World of Solutions 5 Experience and Global Reach 50 + years 75+ years 100 + years 70 + years 100 + years 75 + years 70 + years 6. 6A World of Solutions CB&I Operating Structure Technology Licensed Technology Engineering / technical services Proprietary catalysts Specialty equipment Engineering, Constru ction and Maintenance Fabrication Services Government Solutions Engineering Procurement Module Fabrication Construction Commissioning Modularization Fabrication Erection Engineering Program and Project Management EPC Waste Management Emergency Response and Disaster Recovery 7. A World of Solutions 7 Nuclear Clean Coal & Gas Plant Services Hydroelectric Geothermal Strata Therm Thermal Energy Storage LNG Peak Shaving Facilites Power 8. 8A World of Solutions Unique Integrated EPC Capabilities Consulting, Permitting, Engineering and Design Construction , Startup and Commissioning Fabrication Piping and Structural Steel Modular Assembly/ Installation 9. A World of Solutions 9 Nuclear Power Overview 10. 10A World of Solutions Capabilities Full-service engineering, design, procurement and construction Licensing support, safety and analysis Major component replacement, maintenance and modification services Operating plant services Spent fuel dry storage Upgrades, uprates and plant restarts Decommissioning, dismantling Nuclear Power 11. 11A World of Solutions A Major Nuclear Force Engineer/Constructor for 18 U.S. nuclear plants totalling 14,385 MW Advanced reactors Lungmen, PBMR, Shin Kori, Wolsong, AP1000, System 80+ Decommissioning Connecticut Yankee, Maine Yankee Nuclear piping supply 58 U.S. units plus international Containment systems 85 U.S. units Maintenance more than 40% of U.S. fleet Spent fuel storage installations Perry, DC Cook, Maine Yankee 12. 12A World of Solutions Sanmen Location: Zhejiang Provence Client: State Nuclear Power Technology Corporation (SNPTC) Expected completion date: Unit 1: 2014 Unit 2: 2015 Technology: Westinghouse AP1000 Haiyang Location: Shandong Province Client: State Nuclear Power Technology Corporation (SNPTC) Expected completion date: Unit 1: 2015 Unit 2: 2016 Technology: Westinghouse AP1000 China AP1000 13. 13A World of Solutions V.C. Summer Location: Jenkinsville, SC Client: SCANA Expected completion date: Unit 2: 2017-2018 Unit 3: 2018 Technology: Westinghouse AP1000 Vogtle Location: Waynesboro, GA Client: Southern Company Expected completion date: Unit 3: 2017 Unit 4: 2018 Technology: Westinghouse AP1000 Domestic AP1000 14. 14A World of Solutions Engineering and design, procurement, and construction New-build, restart, and retrofit capabilities Project and construction management Management consulting and feasibility studies Simple- and combined-cycle natural gas-fired facilities Mercury, Hydrogen Chloride (HCl), particulate, Sulfur Oxides (Sox), and NOx removal systems Circulating Fluidized Bed (CFB), ultra- supercritical, supercritical coal-fired plants Biomass, solar-thermal renewable energy options Fossil Power Capabilities 15. A World of Solutions Capabilities and Experience in Saudi Arabia 16. A World of Solutions 16 Approximately 7,500 employees in 10 strategic locations First Middle East project in 1938 CB&I Support Offices in the EAME Region EAME Offices & Fabrication Facilities LONDON, ENGLAND AL-KHOBAR, KSA THE HAGUE, NETHERLAND S CAIRO, EGYPTBRNO, CZECH REPUBLIC MOSCOW, RUSSIADUBAI, UAE FABRICATION FACILITY - AL AUJAM, KSA 17. A World of Solutions 17 Arabian CBI Ltd. (CB&I) Steel Plate Structures Photos courtesy of Southern Company CB&I has operated in KSA since 1938. The local corporation and permanent fabrication shop were established in 1976 In-house capabilities for engineering, fabrication, construction, paint and field NDE. No need to subcontract Typical products provided are fixed and floating roof storage tanks, low temperature and cryogenic storage tanks, elevated water towers, pressure vessels and spheres Vast pool of local labor available to CB&I. Approximately 1,100 employees on KSA payroll. 18% Saudization (Green Status) Aramco certified welder testing center with operations welding school for local & expat welders 18. A World of Solutions 18 Resources from other offices around the globe are available as needed Sales and Operations are in Al Khobar Fabrication Facility located in Al-Aujam (half way to Jubail) Manpower Resources - CB&I, Middle East 19. A World of Solutions 19 CB&I Steel Plate Structures Products in Saudi Arabia Water Storage Tanks Jubail, KSA Sphere Project, Jubail Cryogenic Storage Tank, Jubail Elevated Tank, Al Hasa Water & Fuel Storage Tanks Shuqaiq, KSA 20. A World of Solutions 20 Existing CB&I Shop Fabrication in KSA Fabrication 21. A World of Solutions 21 Saudi Electricity Company April 2010: CB&I awarded contract to assess and recommend operational improvements at 53 sites throughout Saudi Arabia Eastern Petrochemical Company (SHARQ) April 2010: CB&I completed 1,300 KTA grassroots ethylene plant in Al-Jubail, which had workforce of 12,000 at its peak Saudi Basic Industries Corporation (SABIC) Grassroots High Density Polyethylene (HDPE) plant completed in 2008 CB&I has completed more than 70 engineering and EPC projects in Saudi Arabia throughout the last 20 years CB&I Engineering and EPC Experience in KSA SHARQ grassroots ethylene plant 22. A World of Solutions Plans to Support the Nuclear New Program in Saudi Arabia 23. A World of Solutions 23 Target market are the EPC contracts and fabrication work associated with nuclear plants: EPC contract for Nuclear Island and Balance of Plant Site-specific engineering Construction planning Containment liners Pool liners Civil/Structural modules Piping modules Mechanical modules Nuclear Plans for Saudi Arabia 24. A World of Solutions 24 Fabrication: Maximize local content by fabricating the work in-Kingdom Develop/build a Nuclear Fabrication Facility on the western coast of Saudi Arabia (with N-Stamp capabilities) CB&I is currently evaluating prospective sites/facilities Plan to have a Fabrication Facility with water access to accommodate module shipment Hire and train local work to perform fabrication During startup, supplement the Nuclear fabrication facility, where needed, with support from the existing CB&I fabrication facility in Saudi Arabia Nuclear Plans for Saudi Arabia 25. A World of Solutions 25 Construction: Leverage CB&Is extensive construction experience in Saudi Arabia by using key local supervision Direct hire (and train) labor workforce Maximize local workforce based on experience/success to date Staff project with experienced Project and Construction Management from our recent nuclear new build projects Utilize processes, programs and procedures demonstrated on current nuclear new build projects Nuclear Plans for Saudi Arabia