VALLOUREC : Vallourec launches a new brand Vallourec.smart

                                                                                        
Press release

Vallourec launches a new brand
Vallourec.smart

Rio / Boulogne-Billancourt, September 24^th, 2018 - The Group accelerates its transformation and launches a new brand, Vallourec.smart, to serve all the customer service needs across the value chain. This decision illustrates Vallourec's ambition to deliver innovative digital services and complement the tubular solutions that have made its worldwide reputation. Vallourec will be presenting its first commercial offers under the new brand Vallourec.smart at the RIO Oil & Gas conference, starting today.

"This new brand demonstrates our commitment to innovate for and with our customers, and offer new end-to-end services in line with the growing digitalization of our customers," said Philippe Crouzet, Vallourec's Chairman of the Management Board.

Vallourec.smart is our commercial brand for smart solutions, combining the best of our physical and digital skills. Our Group is evolving from a company that designs and manufactures products to a global & digital customer-centric partner. It represents more than just a services brand, it is a global & digital customer experience to optimize assets and enhance integrity.

To know everything about Vallourec.smart: http://www.vallourec.com/Vallourec.smart

Vallourec is a world leader in premium tubular solutions for the energy markets and for demanding industrial applications such as oil & gas wells in harsh environments, new generation power plants, challenging architectural projects, and high-performance mechanical equipment. Vallourec's pioneering spirit and cutting-edge R&D open new technological frontiers. With close to 19,500 dedicated and passionate employees in more than 20 countries, Vallourec works hand-in-hand with its customers to offer more than just tubes: Vallourec delivers innovative, safe, competitive, and smart tubular solutions to make every project possible.
Listed on Euronext in Paris (ISIN code: FR0000120354, Ticker VK) and eligible for the Deferred Settlement System (SRD), Vallourec is included in the following indexes: SBF 120 and Next 150.
In the United States, Vallourec has established a sponsored Level 1 American Depositary Receipt (ADR) program (ISIN code: US92023R2094, Ticker: VLOWY). Parity between ADR and a Vallourec ordinary share has been set at 5:1.

Valérie La Gamba, valerie.lagamba@vallourec.com, +33 1 41 03 78 48 / +33 6 25 58 46 05
Héloïse Rothenbühler, heloise.rothenbuhler@vallourec.com, +33 1 41 03 77 50/+33 6 45 45 19 67