Weekly share repurchase program transaction details

April 30, 2024

SBM Offshore reports the transaction details related to its EUR65 million (c. US$70 million) share repurchase program for the period April 25, 2024 through April 30, 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 30, 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 13,440,301
Cumulative Quantity Repurchased					943,205
Cumulative Average Repurchase Price					EUR 14.25
Start Date					March 1, 2024
Percentage of program completed as of April 30, 2024					20.68%
Overview of details of last 5 trading days:
Trade Date	Quantity Repurchased		Average Purchase Price		Settlement Amount
April 25, 2024	42,208		EUR 14.20		EUR 599,278
April 26, 2024	42,321		EUR 14.17		EUR 599,539
April 29, 2024	20,000		EUR 14.22		EUR 284,479
April 30, 2024	42,450		EUR 14.13		EUR 599,718
May 1, 2024	Stock markets are closed
Total	146,979		EUR 14.17		EUR 2,083,014

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