Hamon : Statement of completion of the capital increase

Regulated information

Mont-St-Guibert, 16 February 2018, 15.00 pm

Hamon & Cie (International) capital increase

Acknowledgment of the completion of the capital increase further to the public offering and the scrips private placement

In accordance with the terms of the Prospectus, the capital increase involved two acknowledgments of the completion of the capital increase, the first following the payment of the subscription amount of Sogepa, the second following the payment of the other subscriptions collected as part of the Offer, including the subscription of three out of the six banks participating in the Senior Credit and Sopal.

To that extent, on 15 February 2018, Sogepa subscribed to the capital increase of Hamon for an amount of EUR 25,000,002 (issue premium included). This subscription of Sogepa was recorded in a notarial deed before public notary on 15 February 2018. As a result thereof, 50,000,004 new shares were issued.

The additional subscriptions to the capital increase (including those of Sopal and a related person acting in concert, and of three out of the six banks participating to the Senior Credit) in an aggregate amount of EUR 22,266,045 (issue premium included) completed at the closing of the public offering were, for their part, recorded in a notarial deed before public notary on this 16 February 2018. As a result thereof, 44,532,090 new shares were issued.

Overall, 94,532,094 new shares were issued for a capital increase amounting to EUR 47,266,047 in aggregate.

Hamon's board of directors is delighted by the result of this operation, which demonstrates the renewed confidence of two major existing shareholders, the banks, the public and the small shareholders which subscribed for 80.7% of the preferential rights they held.

Hamon & Cie (International) S.A.

www.hamon.com

This major fundraising allows the Company to ensure its 3 year operational, financial and strategic plan it had established: restoring equity capital, drastically reducing bank debt (EUR 87 million write-off of bank loans), sale of the PHE division, new organization with a drastic reduction of fixed overhead costs, transformation plan. With the international reputation of its products and achievements, Hamon is now adequately structured and positioned to serve its clients.

The settlement of the new shares as well as their admission on the regulated market, Euronext Brussels, will take place today.

More information is available at the following link:http://www.hamon.com/en/corporate/investor-relations/news-financial/

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The Hamon Group is a world player in engineering & contracting (design, installation and project management). Its activities include the design, the manufacturing of critical components, the installation and the after-sale services ofcooling systems,process heat exchangers,air quality systems(AQS), Heat Recovery Steam Generators (HRSG) andchimneys, used in power generation, oil & gas and other heavy industries like metallurgy, glass, chemicals.

Hamon & Cie (International) S.A.www.hamon.com