Chicago Bridge & Iron Company N.V. (CB&I) is strongly committed to conducting its worldwide business activities in accordance with high ethical standards that are derived from such fundamental values as honesty, integrity, reliability, fairness, mutual respect and trust. We believe this is the right way to operate our businesses. The Board of Directors of CB&I has adopted the following Code of Ethics, Corporate Governance Guidelines and Board Committee Charters that ensure compliance with applicable laws and regulations and encourage the highest standards of integrity in the conduct of our business.

CB&I Code of Ethics

Corporate Governance Guidelines

Board Committee Charters

• Audit Committee
• Corporate Governance Committee
• Nominating Committee
• Organization and Compensation Committee
• Strategic Initiatives Committee

Compliance with Foreign Corrupt Practices Act

CB&I has an established policy regarding compliance with anti-corruption laws and the Foreign Corrupt Practices Act of the United States of America.

Compliance Hotline

CB&I has established a confidential telephone hotline that is available to all CB&I employees, shareholders and others to report suspected misconduct. At any time, anyone may also report a concern or complaint regarding CB&I's accounting, internal accounting controls or auditing practices through this hotline directly to the Audit Committee of the Company's Supervisory Board. In addition, you may use the hotline if you have any concerns that you wish to make known to CB&I's non-management directors. To reach the Compliance Hotline:

For callers from the U.S., Canada and the Caribbean:
Dial 1-866-235-5687 (toll-free).

For international callers:
From the United Kingdom, dial 0800-587-1047; from Australia, dial 1-800-98-7713; from Venezuela, dial 0800-1-00-2128; from Singapore, dial 800-110-1460.  From Dubai and all other international locations, access an international operator and ask to place an international collect call to the United States.  Ask the operator to dial 1-704-943-0137.  The call will be placed to the Compliance Hotline.

The CB&I Compliance Hotline is staffed by a live operator from an outside company, 24 hours a day, seven days a week. Calls may be made anonymously. Concerns and complaints will be referred to the appropriate areas within the Company or to the Audit Committee or non-management directors, based on the nature of the call, and will be investigated promptly.