Weekly share repurchase program transaction details

March 20, 2024

SBM Offshore reports the transaction details related to its EUR65 million (c. US$70 million) share repurchase program for the period March 14, 2024 through March 20, 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 20, 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 4,257,541
Cumulative Quantity Repurchased					307,917
Cumulative Average Repurchase Price					EUR 13.83
Start Date					March 1, 2024
Percentage of program completed as of March 20, 2024					6.55%
Overview of details of last 5 trading days:
Trade Date	Quantity Repurchased		Average Purchase Price		Settlement Amount
March 14, 2024	22,000		EUR 13.85		EUR 304,713
March 15, 2024	21,890		EUR 13.85		EUR 303,238
March 18, 2024	21,467		EUR 13.96		EUR 299,605
March 19, 2024	21,730		EUR 14.04		EUR 305,178
March 20, 2024	21,724		EUR 14.05		EUR 305,121
Total	108,811		EUR 13.95		EUR 1,517,855

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