ZUG, SWITZERLAND, July 14, 2014 — Foster Wheeler AG (Nasdaq: FWLT) announced today that Foster Wheeler Energy Limited (FWEL), the UK subsidiary of its Global Engineering and Construction Group, has achieved two prestigious Five-Star ratings from the British Safety Council (BSC) in connection with its environmental and health and safety management systems.

The Five-Star Environmental Audit rating follows a BSC review of the overall environmental management systems and associated arrangements of FWEL’s operation in Middlesbrough, Teesside, in northeast England. Organizations are rated from one to five, five being the top rating. FWEL achieved a five-star rating, with an overall audited score of 92.3 percent.

The Five-Star Occupational Health and Safety Management System Audit rating follows a BSC review of the overall health and safety management system of FWEL’s operation in Reading, UK. FWEL’s Reading Office achieved a five-star rating, with a world-class overall audited score of 96.6 percent.

“These Five Star ratings demonstrate the importance we place on our environmental and health and safety management systems,” said Roberto Penno, Chief Executive Officer, Foster Wheeler Global Engineering & Construction Group. “We are especially pleased with the score for our health and safety management system, which we have designed to underpin a zero-harm culture.”

The BSC’s Five-Star rating is an internationally recognized audit system used by leading organizations to benchmark performance against current best practice. For more information about the program, see https://www.britsafe.org/audit-and-consultancy/audit.

Foster Wheeler AG is a global engineering and construction company and power equipment supplier delivering technically advanced, reliable facilities and equipment. The company employs approximately 13,000 talented professionals with specialized expertise dedicated to serving its clients through one of its two primary business groups. The company’s Global Engineering and Construction Group designs and constructs leading-edge processing facilities for the upstream oil and gas, LNG and gasto- liquids, refining, chemicals and petrochemicals, power, mining and metals, environmental, pharmaceuticals, biotechnology and healthcare industries. The company’s Global Power Group is a world leader in combustion and steam generation technology that designs, manufactures and erects steam generating and auxiliary equipment for power stations and industrial facilities and also provides a wide range of aftermarket services. The company is based in Zug, Switzerland, and its operational headquarters office is in Reading, United Kingdom. For more information about Foster Wheeler, please visit our website at www.fwc.com.

# # #

To view the press release as a pdf please click here