Weekly share repurchase program transaction details

March 13, 2024

SBM Offshore reports the transaction details related to its EUR65 million (c. US$70 million) share repurchase program for the period March 7, 2024 through March 13, 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 March 13, 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 2,739,686
Cumulative Quantity Repurchased					199,106
Cumulative Average Repurchase Price					EUR 13.76
Start Date					March 1, 2024
Percentage of program completed as of March 13, 2024					4.21%
Overview of details of last 5 trading days:
Trade Date	Quantity Repurchased		Average Purchase Price		Settlement Amount
March 7, 2024	21,981		EUR 13.88		EUR 305,167
March 8, 2024	21,934		EUR 13.91		EUR 305,129
March 11, 2024	22,102		EUR 13.81		EUR 305,159
March 12, 2024	22,091		EUR 13.81		EUR 305,182
March 13, 2024	22,093		EUR 13.81		EUR 305,175
Total	110,201		EUR 13.85		EUR 1,525,812

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