Weekly share repurchase program transaction details

April 3, 2019

SBM Offshore reports the transaction details related to its EUR175 million (c. US$200 million) share repurchase program for the period March 28, 2019 through April 3, 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 April 3, 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 62,845,649
Cumulative Quantity Repurchased			3,726,619
Cumulative Average Repurchase Price			EUR 16.86
Start Date			February 14, 2019
End Date			2019
Percentage of program completed as at April 3, 2019			35.91%
Overview of details of last 5 trading days:
Trade Date	Quantity Repurchased	Average Purchase Price	Settlement Amount
March 28, 2019	135,378	EUR 16.89	EUR 2,286,963
March 29, 2019	112,000	EUR 16.98	EUR 1,901,707
April 1, 2019	85,000	EUR 17.24	EUR 1,465,816
April 2, 2019	130,000	EUR 17.07	EUR 2,219,675
April 3, 2019	85,000	EUR 17.00	EUR 1,444,765
Total1	547,378	EUR 17.02	EUR 9,318,926
1All shares bought on Euronext Amsterdam