Contract Risk Management Series Global EPC …

1 MEDIA PARTNERB enefits of attending Meeting selected senior decision-makers from Global leading Energy companies Learning from the selected examples of practical approaches Knowledge and expertise exchange Direct networking with industry decision makers in a business - friendly environmentAmsterdam, The Netherlands31st of May 2nd of June 2017 Global EPC Project & Contract Management for Energy Sector 2017 SPEAKER PANELEric J. EgginkManaging DirectorTechnip Oil & Gas BVThe NetherlandsScott FotheringhamContracts and Claims ManagerEDF EnergyUKDr. Winfried NotterProject DirectorGE PowerGermanyFran ois Thuault Corporate Claims ManagerSaipemFranceJacob J rgensenCorporate Counsel Burmeister & Wain Scandinavian Contractor (BWSC)DenmarkJan HorakGlobal Division Lawyer Industrial Automation ABBC zech RepublicHenk-Jan MolenkampCEOP roject Management Institute (PMI)The NetherlandsTimo M ntysaloDirector of Project Management , Power PlantsW rtsil FinlandTim CumminsPresident & CEOThe International Association for Contract and Commercial Management (IACCM)UK Fred BonsProject Director, President - NLInternational Project Management Association (IPMA)

2 The Netherlands Alexander KruseManaging DirectorCARNEADES Project ServicesGermanyWorkshop LeadersSebastian OverlackSenior Project Manager &Christian Matthies-MarquezCapital Project SpecialistMcKinseyGermanyTopics to be addressed Adoption of new contracting models & corresponding EPC challenges Significance of FEED estimation & planning Regulating & avoiding Concurrent delays, who owns float OEM (Original Equipment Manufacturers) acting as EPC Contractor Stakeholders involvement how to negotiate EPC contracts among key players/multiple parties How Owners should manage an EPC project from the preparation of the Invitation to Bid to the successful Project Delivery and avoid disrupting disputes How to select the best contractor using Best-Value-Approach (BVA)?

3 Rise of renewables - EPC Challenges Low Oil price scenario- Which portfolio of resources will deliver the best concentrated or diversified (strategic pathways) Key insurance issues in EPC: Knock-for-knock indemnity Specifics of large infrastructure projects Five effective drivers of the EPC industryContract Risk Management Series Stay Informed on Latest EPC Contracting & Project Management Best Practices in Current Volatile Market Resulting in Continuous Cost & Scheduling PressuresProspero Events Group produces and organizes business conferences for the Energy industry in Missionis to provide our clients with the opportunity to exchange strategic information.

4 We are committed to producing innovative and industry tailored conferences dedicated to helping you achieve business excellence and gain the competitive service is about bringing the right people at the same time and place in order to create an opportunity to do business and exchange knowledge through quality business networking with industry top decision , The Netherlands31st of May 2nd of June 2017 Global EPC Project & Contract Management for Energy Sector 2017 Sebastian OverlackSenior Project ManagerMcKinseyGermanyChristian Matthies-MarquezCapital Project SpecialistMcKinseyGermany16:15 Summary & Closing Remarks by the Workshop Leader17:45 Coffee & Networking18:00 15:30 Registration & Welcome Coffee16:00 Opening Address by the Workshop Leader Why is a transparent project status important to drive productivity?

5 What is the current status of the industry regarding transparent reporting? What are the main tools and trends in transparent performance Management ? How to contractually drive transparency and roadblocks to achieve it Case examples of transparent project Management Transparency as a source of productivity and collaborationINTERACTIVE WORKSHOP BOARD GAME 31st of MayMcKinsey & CompanySUCCESSFUL PROJECT Management MAINTAINING AN INDEPENDENT PERSPECTIVE TO ENABLE IMPROVED COLLABORATION8:309:00 Registration & Welcome CoffeeOpening Address from the Chairman10:30 Coffee & Networking Break15:50 Coffee and Networking Break12:2013.

6 20 Lunch BreakCoffee and Networking BreakAdoption of new contracting models & corresponding EPC challenges Importance of contracting as a result of continuous pressure on cost and schedule Current trends new and more adaptive standards based on outcomes and performance of projects Shifts towards terms and governance models incentivising collaboration & positive behavioursTim CumminsPresident & CEOThe International Association for Contract and Commercial Management (IACCM), UKFran ois ThuaultCorporate Claims Manager Saipem, FranceGlobal EPC Project & Contract Management for Energy Sector 201731st of May 2nd of June 2017 Amsterdam, The NetherlandsConference Day One1st of JuneBooking Contact: Reda Bernard tel:+420 255 709 505 fax:+420 255 709 599 email: Management - LATEST BURNING ISSUESC ocktail Reception17:20 Panel Discussion Global economic downturn- Remaining Global in a localised environment : the urge to maximise local content versus the need to streamline organizations Anticipating market volatility and ensuring robust plans The great cash squeeze.

7 How to retain talent, channel funds to develop projects and continue to transform risk into profit Reducing cost-base and enhancing value: alliancing with clients to reduce development costs, with manufacturers to develop technological breakthroughs Sharing best practices, experiences and key learnings09:1009:50 Feed Role in EPC Defining the project for internal sanctions Setting ITT boundaries Establishing a robust foundation for EPC Creating basis for benchmarking contributions from Tenderers versus lessons resort The endorsement conundrum14:0011:4015:20 BVA as a way of thinking and doing Transparancy in results, risks and deviations (from client and contractor) Focus on the past experience, expertise and vision The most value for the lowest cost16.

8 30 How Owners should manage an EPC project from the preparation of the Invitation to Bid to the successful Project Delivery and avoid disrupting disputes How to approach the pre- Contract phase How to allocate the Project risks How to negotiate the Contract with the preferred bidder How to set up and execute owner s Contract Management How to set up a robust change order Management How to settle disputes quickly and effectivelyClosing Remarks from the Chair & Wrap up of Day 117:10 OWNERS & CONTRACTORS PERSPECTIVES11:0014:40 Led byAlexander Kruset - Managing Director, CARNEADES Project Services, GermanyPanellists Fran ois Thuault - Corporate Claims Manager, Saipem, FranceFred Bons - Project Director, President - NL, IPMA, The NetherlandsJacob J rgensenCorporate Counsel Burmeister & Wain Scandinavian Contractor (BWSC), DenmarkHow to select the best contractor using Best-Value-Approach (BVA)?

9 Concurrent delays, how to regulate and avoid them, who owns float How are delays typically regulated in modern standard construction contracts such as the FIDIC books? Is the traditional regulation sufficient when it comes to complex issues such as float, concurrency, delay and disruption, and time at large? How should the parties in a consortium regulate delays? In case the Contract is silent, how is float dealt with? Who owns it? And how is concurrency dealt with? Unabsorbed Home Office Overhead and the use of formulas. Time at large in civil law jurisdictionsFuture of EPC in Energy SectorEric J. EgginkManaging DirectorTechnip Oil & Gas BV, The NetherlandsFred BonsProject Director, President - NLInternational Project Management Association (IPMA),The Netherlands Timo M ntysaloDirector of Project Management , Power PlantsW rtsil , FinlandOEM (Original Equipment Manufacturers) acting as EPC Contractor Use of technical solution Use of project ( Management )

10 Services Proactive risk Management Time & cost aspect Utilization of resourcesLegal & regulatory issues in EPC contracts Bankable Contract documents and allocations of risk Pre-/Dispute resolution and practical application of it/other contractual liabilities Legal contractual aspects of EPC agreements EPC contracting models and risk managementReserved for SponsorsAmsterdam, The Netherlands31st of May 2nd of June 201710:30 Business Card Exchange and Coffee BreakOpportunity for the participants to share their contact information with each other dedicated specifically to strengthening business connections with the industry peers08:3009:00 Registration & Welcome CoffeeOpening Address from the ChairmanAfternoon Coffee and Networking16:10 Closing Remarks from the Chair & Wrap up of Day 216:00 Global EPC Project & Contract Management for Energy Sector 2017 Please note: The number of topics currently displayed in this draft program exceeds the final amount of presentations.