SBM Offshore Reports EUR227 Million Share Repurchase for Week Ending September 16, 2026

SBM Offshore, a global leader in deepwater ocean infrastructure, has announced the details of its share repurchase program for the week ending September 16, 2026. The company repurchased shares worth EUR227 million (approximately US$270 million) during the period from September 10 to September 16, 2026.

This repurchase is part of a larger program announced on February 26, 2026, and effective from February 27, 2026. The primary objectives of the program are to reduce the company's share capital and to provide shares for regular management and employee share programs. The progress of the share repurchase program and the aggregate transactions from February 27, 2026, through September 16, 2026, can be found in the top half of the table on the company’s website.

SBM Offshore operates a long-term, asset-backed business model, delivering floating production solutions across the full asset lifecycle, from design and construction to installation and operation. The company is supported by a global team of over 8,000 professionals and aims to deliver high-availability assets and predictable cash flows. By reducing its share capital, the company is expected to enhance shareholder value and maintain a strong financial position.

The repurchase program is subject to the Market Abuse Regulation (nr. 596/2014), ensuring transparency and compliance with regulatory standards. SBM Offshore advises that some of the statements in the press release are forward-looking and may be subject to various risks and uncertainties. The company does not intend to update these statements unless there is a material change.