Weekly share repurchase program transaction details

February 27, 2019

SBM Offshore reports the transaction details related to its EUR175 million (c. US$200 million) share repurchase program for the period February 21, 2019 through February 27, 2019.

The repurchases were made under the EUR175 million share repurchase program announced on and effective from February 14, 2019. The objective of the program is to reduce share capital and, in addition, to provide shares for regular management and employee share programs. Information regarding the progress of the share repurchase program and the aggregate of the transactions (calculated on a daily basis) for the period February 14, 2019 through February 27, 2019 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 Investor Relations Center of the Company's website.

Share Repurchase Program
Overall progress Share Repurchase Program:
Total Repurchase Amount			EUR 175,000,000
Cumulative Repurchase Amount			EUR 18,759,828
Cumulative Quantity Repurchased			1,132,781
Cumulative Average Repurchase Price			EUR 16.56
Start Date			February 14, 2019
End Date			2019
Percentage of program completed as at February 27, 2019			10.72%
Overview of details of last 5 trading days:
Trade Date	Quantity Repurchased	Average Purchase Price	Settlement Amount
February 21, 2019	110,000	EUR 16.90	EUR 1,858,458
February 22, 2019	110,000	EUR 16.70	EUR 1,837,413
February 25, 2019	131,317	EUR 16.65	EUR 2,186,200
February 26, 2019	116,500	EUR 16.67	EUR 1,942,327
February 27, 2019	116,457	EUR 16.64	EUR 1,937,269
Total1	584,274	EUR 16.71	EUR 9,761,668
1All shares bought on Euronext Amsterdam