Weekly share repurchase program transaction details

April 10, 2024

SBM Offshore reports the transaction details related to its EUR65 million (c. US$70 million) share repurchase program for the period April 4, 2024 through April 10, 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 April 10, 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 8,129,293
Cumulative Quantity Repurchased					572,174
Cumulative Average Repurchase Price					EUR 14.21
Start Date					March 1, 2024
Percentage of program completed as of April 10, 2024					12.51%
Overview of details of last 5 trading days:
Trade Date	Quantity Repurchased		Average Purchase Price		Settlement Amount
April 4, 2024	20,522		EUR 14.80		EUR 303,748
April 5, 2024	20,656		EUR 14.77		EUR 305,064
April 8, 2024	20,465		EUR 14.91		EUR 305,141
April 9, 2024	20,546		EUR 14.85		EUR 305,151
April 10, 2024	15,162		EUR 14.76		EUR 223,822
Total	97,351		EUR 14.82		EUR 1,442,928

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