Weekly share repurchase program transaction details

March 27, 2024

SBM Offshore reports the transaction details related to its EUR65 million (c. US$70 million) share repurchase program for the period March 21, 2024 through March 27, 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 27, 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 5,783,329
Cumulative Quantity Repurchased					413,692
Cumulative Average Repurchase Price					EUR 13.98
Start Date					March 1, 2024
Percentage of program completed as of March 20, 2024					8.9%
Overview of details of last 5 trading days:
Trade Date	Quantity Repurchased		Average Purchase Price		Settlement Amount
March 21, 2024	21,611		EUR 14.12		EUR 305,153
March 22, 2024	21,350		EUR 14.29		EUR 305,082
March 25, 2024	20,975		EUR 14.55		EUR 305,208
March 26, 2024	20,888		EUR 14.61		EUR 305,170
March 27, 2024	20,951		EUR 14.57		EUR 305,175
Total	105,775		EUR 14.42		EUR 1,525,788

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