Weekly share repurchase program transaction details

May 22, 2024

SBM Offshore reports the transaction details related to its EUR65 million (c. US$70 million) share repurchase program for the period May 16, 2024 through May 22, 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 22, 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 19,956,769
Cumulative Quantity Repurchased					1,409,482
Cumulative Average Repurchase Price					EUR 14.16
Start Date					March 1, 2024
Percentage of program completed as of May 22, 2024					30.70%
Overview of details of last 5 trading days:
Trade Date	Quantity Repurchased		Average Purchase Price		Settlement Amount
May 16, 2024	33,517		EUR 13.92		EUR 466,599
May 17, 2024	28,800		EUR 13.89		EUR 400,164
May 20, 2024	42,968		EUR 13.90		EUR 597,364
May 21, 2024	20,705		EUR 14.02		EUR 290,346
May 22, 2024	31,904		EUR 14.00		EUR 446,622
Total	157,894		EUR 13.94		EUR 2,201,095

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