Weekly Share Repurchase Program Transaction Details

(MENAFN- GlobeNewsWire - Nasdaq) Amsterdam, July 2, 2025

SBM Offshore reports the transaction details related to its EUR141 million (c. US$150 million¹) share repurchase program for the period June 26, 2025 through July 2, 2025.

The repurchases were made under the EUR141 million share repurchase program announced on February 20, 2025 and effective from April 24, 2025. 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 April 24, 2025 through July 2, 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 141,189,019
Cumulative Repurchase Amount		EUR 31,696,211
Cumulative Quantity Repurchased		1,569,880
Cumulative Average Repurchase Price		EUR 20.19
Start Date			April 24, 2025
Percentage of program completed as of July 2, 2025	22.45%
Overview of details of last 5 trading days:
Trade Date	Quantity Repurchased	Average Purchase Price	Settlement Amount
June 26, 2025	28,788	EUR 22.22	EUR 639,799
June 27, 2025	30,179	EUR 22.35	EUR 674,446
June 30, 2025	29,145	EUR 22.49	EUR 655,387
July 1, 2025	30,856	EUR 22.42	EUR 691,637
July 2, 2025	28,305	EUR 22.55	EUR 638,312
Total	147,273	EUR 22.40	EUR 3,299,581

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

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 20, 2025, details of which are available on its website.

Corporate Profile

SBM Offshore is the world's deepwater ocean-infrastructure expert. Through the design, construction, installation, and operation of offshore floating facilities, we play a pivotal role in a just transition. By advancing our core, we deliver cleaner, more efficient energy production. By pioneering more, we unlock new markets within the blue economy.

More than 7,800 SBMers collaborate worldwide to deliver innovative solutions as a responsible partner towards a sustainable future, balancing ocean protection with progress.

For further information, please visit our website at .

Financial Calendar		Date	Year
Half Year 2025 Earnings		August 7	2025
Third Quarter 2025 Trading Update		November 13	2025
Full Year 2025 Earnings		February 26	2026
Annual General Meeting		April 15	2026
First Quarter 2026 Trading Update		May 7	2026

For further information, please contact:

Investor Relations
Wouter Holties
Corporate Finance & Investor Relations Manager

Mobile:	+31 (0) 2 02 36 32 36
E-mail:	...
Website:

Media Relations

Giampaolo Arghittu
Head of External Relations

Phone:	+31 (0) 6 212 62 333 / +39 33 494 79 584
E-mail:	...
Website:

Market Abuse Regulation

This press release may contain inside information within the meaning of Article 7(1) of the EU Market Abuse Regulation.

Disclaimer

Some of the statements contained in this release that are not historical facts are statements of future expectations and other forward-looking statements based on management's current views and assumptions and involve known and unknown risks and uncertainties that could cause actual results, performance, or events to differ materially from those in such statements. These statements may be identified by words such as 'expect', 'should', 'could', 'shall' and similar expressions. Such forward-looking statements are subject to various risks and uncertainties. The principal risks which could affect the future operations of SBM Offshore N.V. are described in the 'Impact, Risk and Opportunity Management' section of the 2023 Annual Report.

Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results and performance of the Company's business may vary materially and adversely from the forward-looking statements described in this release. SBM Offshore does not intend and does not assume any obligation to update any industry information or forward-looking statements set forth in this release to reflect new information, subsequent events or otherwise.

This release contains certain alternative performance measures (APMs) as defined by the ESMA guidelines which are not defined under IFRS. Further information on these APMs is included in the Half-Year Management Report accompanying the Half Year Earnings 2024 report, available on our website

Nothing in this release shall be deemed an offer to sell, or a solicitation of an offer to buy, any securities. The companies in which SBM Offshore N.V. directly and indirectly owns investments are separate legal entities. In this release“SBM Offshore” and“SBM” are sometimes used for convenience where references are made to SBM Offshore N.V. and its subsidiaries in general. These expressions are also used where no useful purpose is served by identifying the particular company or companies.

"SBM Offshore^®", the SBM logomark,“Fast4Ward^®”,“emissionZERO^®” and“F4W^®” are proprietary marks owned by SBM Offshore.

¹ Based on the foreign exchange rate on February 20, 2025

Attachment

• target="_blank" href="" title="Press Release Week 26 & 27 - June 26 to July 2 2025" rel="nofollow">Press Release Week 26 & 27 - June 26 to July 2 202

MENAFN02072025004107003653ID1109752842