Weekly share repurchase program transaction details

April 17, 2024

SBM Offshore reports the transaction details related to its EUR65 million (c. US$70 million) share repurchase program for the period April 11, 2024 through April 17, 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 17, 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 9,665,366
Cumulative Quantity Repurchased					679,028
Cumulative Average Repurchase Price					EUR 14.23
Start Date					March 1, 2024
Percentage of program completed as of April 17, 2024					14.87%
Overview of details of last 5 trading days:
Trade Date	Quantity Repurchased		Average Purchase Price		Settlement Amount
April 11, 2024	22,172		EUR 14.67		EUR 325,330
April 12, 2024	6,768		EUR 14.78		EUR 100,051
April 15, 2024	7,136		EUR 14.53		EUR 103,675
April 16, 2024	42,254		EUR 14.14		EUR 597,420
April 17, 2024	28,524		EUR 14.36		EUR 409,597
Total	106,854		EUR 14.38		EUR 1,536,073

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