Weekly share repurchase program transaction details

March 6, 2024

SBM Offshore reports the transaction details related to its EUR65 million (c. US$70 million) share repurchase program for the period March 1, 2024 through March 6, 2024.

The repurchases were made under the EUR65 million share repurchase program announced on February 29, 2024 and effective from March 1, 2024. The objective of the program is to reduce share capital. Information regarding the progress of the share repurchase program and the aggregate of the transactions (calculated on a daily basis) for the period March 1, 2024 through March 6, 2024 can be found in the top half of the table below. Further detailed information regarding both the progress of the share repurchase program and all individual transactions can be accessed via the Investors section of the Company’s website.

Share Repurchase Program
Overall progress Share Repurchase Program:
Total Repurchase Amount					EUR 65,000,000
Cumulative Repurchase Amount					EUR 1,213,874
Cumulative Quantity Repurchased					88,905
Cumulative Average Repurchase Price					EUR 13.65
Start Date					March 1, 2024
Percentage of program completed as of March 6, 2024					1.87%
Overview of details of last 4 trading days:
Trade Date	Quantity Repurchased		Average Purchase Price		Settlement Amount
March 1, 2024	22,125		EUR 13.49		EUR 298,371
March 4, 2024	22,263		EUR 13.71		EUR 305,166
March 5, 2024	22,318		EUR 13.67		EUR 305,165
March 6, 2024	22,199		EUR 13.75		EUR 305,172
Total1	88,905		EUR 13.65		EUR 1,213,874

¹All shares purchased via Euronext Amsterdam, CBOE DXE and or Turquoise