Weekly Share Repurchase Program Transactions

Amsterdam, June 4, 2025

SBM Offshore is reporting the latest details of its EUR141 million (approximately US$150 million¹) share repurchase program, covering the period from May 29, 2025, to June 4, 2025.

This share buyback initiative, announced on February 20, 2025, and activated on April 24, 2025, serves a dual purpose. It aims to reduce the company’s share capital while also providing shares for its regular management and employee share programs. Investors can find the program’s progress, including cumulative transaction data since its inception on April 24, 2025, in the table below. Comprehensive details on the share repurchase program and individual transactions are available in the Investors section of the company’s website.

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

The company’s statement aligns with the Market Abuse Regulation (nr. 596/2014), providing a regular update on transactions under its current share repurchase program. Further details about this initiative, initially announced on February 20, 2025, are available on SBM Offshore’s website.

Corporate Profile

SBM Offshore stands as a leading expert in deepwater ocean infrastructure. The company plays a crucial role in the energy transition through the design, construction, installation, and operation of offshore floating facilities. By focusing on core competencies, SBM Offshore delivers cleaner, more efficient energy production. Simultaneously, by innovating further, the company opens up new opportunities within the blue economy. Worldwide, a team of over 7,800 SBMers collaborate to develop innovative solutions, acting as a responsible partner for a sustainable future, balancing ocean protection with technological advancement.
For more information, visit www.sbmoffshore.com.

Market Abuse Regulation

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

Disclaimer

Certain statements in this release are not based on historical facts. Rather, they are forward-looking in nature, reflecting the current views and assumptions of management. They involve both known and unknown risks and uncertainties that could cause actual results, performance, or events to differ significantly from those outlined in these statements. These forward-looking statements can be recognized through terms such as ‘expect’, ‘should’, ‘could’, ‘shall’, and similar expressions. They are subject to a variety of risks and uncertainties. The primary risks that could impact SBM Offshore N.V.’s future operations are outlined in the ‘Impact, Risk and Opportunity Management’ section of the 2023 Annual Report.

If one or more of these risks or uncertainties materialize, or if the underlying assumptions prove incorrect, the actual results and performance of the company’s business may vary and be impacted substantially from the forward-looking statements given in this release. SBM Offshore does not plan and is not obligated to update any industry information or forward-looking statements within this release to account for new information, subsequent events, or other factors.

This release includes specific alternative performance measures (APMs) as defined by ESMA guidelines, which are not in accordance with IFRS. Additional information on these APMs can be found in the Half-Year Management Report, which accompanies the Half Year Earnings 2024 report. This report is available on our website at https://www.sbmoffshore.com/investors/financial-disclosures.

This release should not be considered an offer to sell or a solicitation of an offer to buy any securities. The companies in which SBM Offshore N.V. has direct and indirect investments are separate legal entities. In this release, “SBM Offshore” and “SBM” are used for convenience where references are made to SBM Offshore N.V. and its subsidiaries in general. These expressions are also used when identifying a particular company or companies would not serve a useful purpose.

“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

• Press Release Week 22 & 23 – May 29 to June 4 2025