Weekly share repurchase program transaction details

April 24, 2024

SBM Offshore reports the transaction details related to its EUR65 million (c. US$70 million) share repurchase program for the period April 18, 2024 through April 24, 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 24, 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 11,357,288
Cumulative Quantity Repurchased					796,226
Cumulative Average Repurchase Price					EUR 14.26
Start Date					March 1, 2024
Percentage of program completed as of April 24, 2024					17.47%
Overview of details of last 5 trading days:
Trade Date	Quantity Repurchased		Average Purchase Price		Settlement Amount
April 18, 2024	23,302		EUR 14.30		EUR 333,267
April 19, 2024	21,209		EUR 14.52		EUR 307,873
April 22, 2024	23,369		EUR 14.55		EUR 339,923
April 23, 2024	22,968		EUR 14.46		EUR 332,163
April 24, 2024	26,350		EUR 14.37		EUR 378,697
Total	117,198		EUR 14.44		EUR 1,691,923

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