Vallourec

Combined Shareholders’ Meeting to be held on 6 April 2020 behind closed doors and broadcast live

	Press release

Combined Shareholders’ Meeting to be held on 6 April 2020 behind closed doors and broadcast live

Shareholders are invited to vote remotely

Boulogne-Billancourt (France), 30 March 2020 - Vallourec announces that, due to the traffic restrictions and containment measures imposed by the Government, its Combined Shareholders’ Meeting (Ordinary and Extraordinary) of Monday 6 April 2020 will exceptionally be held at the Company's headquarters – 27, avenue du Général Leclerc – Boulogne-Billancourt – behind closed doors.

In this context, the Management Board, in agreement with the Supervisory Board, has taken the exceptional measures detailed below.

1 - Proxy and correspondence voting procedures

Shareholders who have not already requested an admission card or voted remotely (by correspondence or by giving a proxy to the Chairman of the meeting) are reminded that they can still vote electronically by correspondence until Sunday 5 April 2020 at 3:00 p.m. (Paris time) in compliance with the procedures set out in the convening notice published in the Bulletin des Annonces Légales Obligatoires on 20 March 2020 and available on the Company's website www.vallourec.com in the "Shareholders’ Meetings" section. All the documentation relating to the Shareholders’ Meeting as well as the voting form are available on the Company's website with the following link: https://www.vallourec.com/en/investors/general-meetings. Due to the fact that the Shareholders’ Meeting is held without the presence of the shareholders, only proxies given to a member of the general committee (bureau) of the meeting may be taken into account.

2 - Shareholders' questions

Shareholders can submit any questions they may have in writing, accompanied by a certificate of account registration, without delay and no later than 3:00 p.m. (Paris time) on Friday, 3 April 2020 by email to [e-mail]. The Company will reply in the minutes of the meeting, which will be published on its website www.vallourec.com in the "Shareholders’ Meetings" section.

3 - Live broadcasting on the Company's website

On Monday, April 6, 2020, starting at 10:00 a.m. (Paris time), the Shareholders' Meeting will be broadcast live on the Company's website www.vallourec.com in the "Shareholders' Meetings" section. The rebroadcast will then be available in free access for shareholders on the Company's website.