Weekly share repurchase program transaction details

April 3, 2024

SBM Offshore reports the transaction details related to its EUR65 million (c. US$70 million) share repurchase program for the period March 28, 2024 through April 3, 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 April 3, 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 6,686,365
Cumulative Quantity Repurchased					474,823
Cumulative Average Repurchase Price					EUR 14.08
Start Date					March 1, 2024
Percentage of program completed as of April 3, 2024					10.29%
Overview of details of last 5 trading days:
Trade Date	Quantity Repurchased		Average Purchase Price		Settlement Amount
March 28, 2024	19,872		EUR 14.72		EUR 292,461
March 29, 2024	Stock markets are closed
April 1, 2024	Stock markets are closed
April 2, 2024	20,655		EUR 14.79		EUR 305,414
April 3, 2024	20,604		EUR 14.81		EUR 305,161
Total	61,131		EUR 14.77		EUR 903,036

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