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Contacts

  • Owner: SNOWLAND s.r.o.
  • Registration certificate 06691200
  • 16200, Na okraji 381/41, Veleslavín, 162 00 Praha 6
  • Czech Republic

Weekly share repurchase program transaction details

Amsterdam, January 29, 2025

SBM Offshore reports the transaction details related to its EUR130 million (c. US$140 million) share repurchase program for the period January 23, 2025 through January 29, 2025.

The repurchases were made under the EUR65 million share repurchase program announced on February 29, 2024, effective from March 1, 2024 and increased by EUR65 million as announced on August 8, 2024. The objective of the program is to reduce share capital and, in addition, to provide shares for regular management and employee share programs. 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 January 29, 2025 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 130,000,000 Cumulative Repurchase Amount EUR 100,903,131 Advertisement Cumulative Quantity Repurchased 6,403,871 Cumulative Average Repurchase Price EUR 15.76 Start Date March 1, 2024 Percentage of program completed as of January 29, 2025 77.62% Advertisement Overview of details of last 5 trading days: Trade Date Quantity Repurchased Average Purchase Price Settlement Amount Advertisement January 23, 2025 19,995 EUR 18.29 EUR 365,785 January 24, 2025 22,276 EUR 17.79 EUR 396,337 January 27, 2025 21,594 EUR 17.87 EUR 385,803 January 28, 2025 25,673 EUR 17.73 EUR 455,134 Advertisement January 29, 2025 21,840 EUR 17.78 EUR 388,420 Total 111,378 EUR 17.88 EUR 1,991,478

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

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This press release contains information which is to be made publicly available under the Market Abuse Regulation (nr. 596/2014). The information concerns a regular update of the transactions conducted under SBM Offshore's current share repurchase program, as announced by the Company on February 29, 2024 and August 8, 2024, details of which are available on its

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