Weekly share repurchase program transaction details

May 8, 2024

SBM Offshore reports the transaction details related to its EUR65 million (c. US$70 million) share repurchase program for the period May 2, 2024 through May 8, 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 May 8, 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 15,064,569
Cumulative Quantity Repurchased					1,059,438
Cumulative Average Repurchase Price					EUR 14.22
Start Date					March 1, 2024
Percentage of program completed as of May 8, 2024					23.18%
Overview of details of last 5 trading days:
Trade Date	Quantity Repurchased		Average Purchase Price		Settlement Amount
May 2, 2024	43,500		EUR 13.78		EUR 599,611
May 3, 2024	31,769		EUR 13.88		EUR 440,927
May 6, 2024	10,049		EUR 14.19		EUR 142,566
May 7, 2024	7,000		EUR 14.34		EUR 100,404
May 8, 2024	23,915		EUR 14.25		EUR 340,761
Total	116,233		EUR 13.97		EUR 1,624,269

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