Investor Relations Presentation

April 30, 2013

FORWARD LOOKING STATEMENTS

In addition to the historical data contained herein, this document may include forward-looking statements regarding the future revenues, earnings and orders of the

Company, made in reliance upon the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. The Company’s actual results may differ materially

from those described in forward-looking statements. Such statements are based on current expectations of the Company’s performance and are subject to a variety of

factors, some of which are not under the control of the Company, which can affect the Company’s results of operations, liquidity or financial condition. Such factors may

include the ultimate outcome of claims that have been made against the Company arising out of or related to the Deepwater Horizon matter; the overall demand for, and

pricing of, the Company’s products; the size and timing of orders; the Company’s ability to successfully execute the large subsea and drilling systems projects it has been

awarded; the Company’s ability to convert backlog into revenues on a timely and profitable basis; the impact of acquisitions the Company has made or may make;

changes in the price of (and demand for) oil and gas in both domestic and international markets; raw material costs and availability; political and social issues affecting

the countries in which the Company does business, including the ongoing effects of a temporary moratorium imposed by the United States government on drilling

activities in deepwater areas of the Gulf of Mexico, which has since been lifted; fluctuations in currency markets worldwide; and variations in global economic activity. In

general, current and projected oil and gas prices historically have directly affected customers’ spending levels and their related purchases of the Company’s products and

services. Additionally, changes in oil and gas price expectations may impact the Company’s financial results due to changes it may make in its cost structure, staffing or

spending levels. Because the information herein is based solely on data currently available, it is subject to change as a result of changes in conditions over which the

Company has no control or influence, and should not therefore be viewed as assurance regarding the Company’s future performance. Additionally, the Company is not

obligated to make public indication of such changes unless required under applicable disclosure rules and regulations.

Reconciliation of non-GAAP financial measures included herein to GAAP financial measures are available in the Company’s reports as filed with the Securities and

Exchange Commission, or on the Company’s website at www.c-a-m.com.

WHY CAMERON??

Number-one or number-two player in most every business

Strong backlog provides visibility

Leading aftermarket/service provider

Diverse products leverage to both onshore and deepwater

Transformational activities in surface, drilling and subsea businesses

CAMERON’S BROAD MARKET COVERAGE

Cameron is in nine market segments, offering a full suite of products and

services to the drilling, production, processing, refining, petrochemical and LNG,

transmission and storage and industrial segments of the industry.

DISCOVER SUBSEA SYSTEMS

SUBSEA SYSTEMS

SUBSEA TREES

MANIFOLDS

PROCESSING

CONNECTORS

BOP STACKS

SUBSEA CONTROLS

VALVES

MEASUREMENT

ONESUBSEA™ A TRANSFORMATIONAL JOINT VENTURE THAT COMBINES THE OFFERINGS, EXPERIENCE AND EXPERTISE OF CAMERON AND

SCHLUMBERGER

7 FLOW EQUIPMENT LEADERSHIP

Leading provider of

subsea production

systems

Leading oilfield services

company

Leading provider of subsea measurement,

boosting and process systems

A new entity majority owned by Cameron

WHAT ONESUBSEA™ WILL OFFER CUSTOMERS

• Revolutionary customer value proposition combining the best

of two industry leaders

• Pre-engineered systems optimizing life of field production

performance with the flexibility to accommodate future changing

needs

• Leading edge subsea production and processing systems

matching the changing production and reservoir conditions over

the life of the field

• Surveillance services confirming asset integrity of the installed

system

• Cost-effective intervention services

8 FLOW EQUIPMENT LEADERSHIP

WHAT MAKES ONESUBSEA™ UNIQUE -

True Differentiation in the Marketplace

• Comprehensive, reliable, in-house suite of subsea technologies, with unparalleled reservoir and production

knowledge.

• A leading provider of production systems and life of field services.

• OneSubsea will combine Cameron flow control expertise, process technologies and world-class

manufacturing and aftermarket capabilities along with Schlumberger’s complementary petro-technical

leadership, subsurface completions, artificial lift and subsea well intervention technologies.

9 FLOW EQUIPMENT LEADERSHIP

DISCOVER TOTAL RIG PACKAGE SOLUTIONS

STX DRILLSHIP PACKAGE

FLOW EQUIPMENT LEADERSHIP

Cameron Scope of Supply • Hoisting and Rotating Equipment • Tubular and Riser Handling Equipment • Drill floor Equipment • Integrated Control System • Tensioning Equipment • Cellar Deck Equipment • Complete Drilling Fluid System • Dual BOP and Riser Package • High Pressure Manifold

Drilling Fluid System Cellar Deck, Tensioning, BOP and Riser Equipment

Control Systems, Hoisting, Rotating and Handling Equipment

OFFSHORE DRILLING

TOP DRIVES

BOPS AND

BOP HANDLING

DRILLING

CONTROLS

IRON ROUGHNECKS

PIPE HANDLING

MUD SYSTEMS

MOTION

COMPENSATION

RISER SYSTEMS

DRILLING EQUIPMENT HISTORICAL MARKET SHARE

Cameron’s Historical Market Share of Offshore Rig Fleet

(1974 – 2012)

Cameron 50%

Semisubmersibles & Drillships (410)

Cameron 53%

Source: ODS Petrodata

Jackups (574)

ONSHORE DRILLING

RIG DESIGNS

BOPS

RIG POWER

SYSTEMS

CONTROL

SYSTEMS

MANIFOLDS &

DRILLING CHOKES

ROTARY TABLES &

DRAWWORKS

TOP DRIVES

MUD PUMPS

DISCOVER CAMSHALE SERVICES

ONSHORE PRODUCTION

CAMSHALE

SERVICES

WELLHEAD

SYSTEMS

TREES

VALVES &

MEASUREMENT

FLOWBACK &

WELL TESTING

FLUID TREATING &

PROCESSING

RECIPROCATING

COMPRESSORS

AUTOMATION &

CONTROL

OFFSHORE PRODUCTION

SURFACE WELLHEAD

SYSTEMS

CHOKES

AUTOMATION &

CONTROL

VALVES

ACTUATORS

RECIPROCATING

COMPRESSORS

HPHT & CRITICAL

SERVICE

MEASUREMENT

DISCOVER FLOATING PRODUCTION SYSTEMS

FLOATING PRODUCTION SYSTEMS

PRODUCED WATER

TREATING

SEAWATER

TREATING

SOLIDS TREATING

OIL TREATING

GAS TREATING

MEASUREMENT

VALVES &

ACTUATORS

AUTOMATION &

CONTROL

FPS MARKET OPPORTUNITIES

Source: Quest Offshore Resources, Inc.

Worldwide Award Forecast by FPS Type (Number of Units/Award Years)

0

5

10

15

20

25

30

35

40

45

2013 2014 2015 2016 2017

TLP

FLNG

Spar

FPS-Semi

FPSO

MIDSTREAM – PIPELINES

VALVES

ACTUATORS

AUTOMATION &

CONTROL

RECIPROCATING

COMPRESSORS

MEASUREMENT

LNG AND PETROCHEMICAL

AUTOMATION &

CONTROL

MEASUREMENT

CENTRIFUGAL

COMPRESSORS

ETHYLENE QUENCH

TREATING

GAS TREATING VALVES

REFINING

WASTE WATER

TREATING

AUTOMATION &

CONTROL

MEASUREMENT VALVES

OIL TREATING

RECIPROCATING

COMPRESSORS

VALVES & MEASUREMENT BUSINESS SEGMENT Revenues vs. Orders ($ Millions)

Compound annual growth rates, 2006 – 2013: Revenues 15%; Orders 13%

Rolling Four Quarter Totals Through Q113

0

200

400

600

800

1000

1200

1400

1600

1800

2000

2200

2006 2007 2008 2009 2010 2011 2012 2013

Revenues Orders

Rolling Q1

DISCOVER CAMSERV SERVICES

CAMSERV SERVICES

OEM Expertise

Technology Leadership

Global Accessibility

Constantly Evolving

CAMSERV LOCATIONS

CAMERON’S REVENUES New Equipment vs. Aftermarket ($ Millions)

2013 Rolling Q1 aftermarket revenues: more than $ 2.0 billion

(16% growth over last rolling four quarters)

Rolling Q1

Rolling Four Quarter Totals Through Q113

0

1,000

2,000

3,000

4,000

5,000

6,000

7,000

8,000

9,000

2006 2007 2008 2009 2010 2011 2012 2013

New Equipment Aftermarket

DRILLING EQUIPMENT AFTERMARKET OPPORTUNITIES

Drilling Aftermarket Sales ($ Millions)

Rolling Four Quarter Totals Through Q113

$0

$100

$200

$300

$400

$500

$600

$700

New safety and equipment requirements will drive additional

opportunities including new BOP equipment, retrofit

opportunities, upgrade and inspection of BOPs and BOP controls.

15% growth over last rolling four quarters

CAMERON’S REVENUES VS. ORDERS ($ Millions)

Compound annual growth rates, 2006 – 2013: Revenues 18%; Orders 16%

Rolling Four Quarter Totals Through Q113

$0

$1,000

$2,000

$3,000

$4,000

$5,000

$6,000

$7,000

$8,000

$9,000

$10,000

$11,000

$12,000

2006 2007 2008 2009 2010 2011 2012 2013

Revenues Orders

CAMERON’S BACKLOG ($ Millions – End of Q113)

Backlog up more than 3.0 x 2006; provides revenue visibility

$3,531 $4,268

$5,607 $5,190

$4,817

$5,969

$8,597

$10,037

$0

$2,000

$4,000

$6,000

$8,000

$10,000

$12,000

2006 2007 2008 2009 2010 2011 2012 2013

CAMERON’S DRIVERS OF

LONG-TERM ORDER GROWTH

Valve Alliances Unconventional

Resources

Greater Share of

Rig Equipment

Spend

Subsea

Development

including

OneSubsea™

Midstream

Aftermarket

Drivers of

Long-Term

Order Growth