SBM Offshore announces proposed CEO and Supervisory Board reappointments
SBM Offshore (OTC:SBFFF) announced that its Supervisory Board intends to propose the reappointment of Øivind Tangen as member of the Management Board and CEO for a second four-year term at the Annual General Meeting on April 15, 2026. Tangen was first appointed to the Management Board in April 2022 and became CEO in April 2024.
The Supervisory Board also intends to propose the reappointment of Roeland Baan as member and Chair of the Supervisory Board for an additional two-year term, in line with the Dutch Corporate Governance Code. The AGM agenda and notice will be published on the company website in due course.
SBM Offshore (OTC:SBFFF) ha annunciato che il Consiglio di Supervisione intende proporre la riconferma di Øivind Tangen come membro del Management Board e CEO per un secondo mandato quadriennale all'Assemblea Generale Annuale del 15 aprile 2026. Tangen è stato nominato per la prima volta nel Management Board nell'aprile 2022 ed è diventato CEO nell'aprile 2024.
Il Consiglio di Supervisione intende inoltre proporre la riconferma di Roeland Baan come membro e Presidente del Consiglio di Supervisione per un ulteriore mandato biennale, in linea con il Codice olandese di governance aziendale. L'ordine del giorno e l'avviso dell'AGM saranno pubblicati sul sito web dell'azienda a tempo debito.
SBM Offshore (OTC:SBFFF) anunció que su Junta Supervisora propone la reelección de Øivind Tangen como miembro de la Junta Directiva y CEO para un segundo mandato de cuatro años en la Junta General Anual el 15 de abril de 2026. Tangen fue nombrado por primera vez en la Junta Directiva en abril de 2022 y se convirtió en CEO en abril de 2024.
La Junta Supervisora también tiene la intención de proponer la reelección de Roeland Baan como miembro y Presidente de la Junta Supervisora por un mandato adicional de dos años, de acuerdo con el Código de Gobernanza Corporativa neerlandés. La agenda y el aviso de la AGM serán publicados en el sitio web de la empresa a su debido tiempo.
SBM Offshore (OTC:SBFFF)는 이사회가 Øivind Tangen을 경영이사회 멤버 및 CEO로서 2번째 4년 임기로 재선하는 것을 2026년 4월 15일의 주주총회에서 제안할 예정이라고 발표했습니다. Tangen은 2022년 4월 경영이사회에 처음 임명되었고 2024년 4월 CEO가 되었습니다.
또한 이사회는 네덜란드 기업지배구조 코드에 따라 이사회 의장 및 이사로서 Roeland Baan의 추가 2년 임기도 제안할 예정입니다. AGM 의제 및 공고는 적시에 회사 웹사이트에 게시될 것입니다.
SBM Offshore (OTC:SBFFF) a annoncé que son Conseil de surveillance propose de reconduire Øivind Tangen en tant que membre du Conseil de direction et CEO pour un deuxième mandat quadriennal lors de l'Assemblée générale annuelle le 15 avril 2026. Tangen a été nommé pour la première fois au Conseil de direction en avril 2022 et est devenu CEO en avril 2024.
Le Conseil de surveillance a également l'intention de proposer la reconduction de Roeland Baan en tant que membre et président du Conseil de surveillance pour un mandat supplémentaire de deux ans, conformément au Code néerlandais de gouvernance d'entreprise. L'ordre du jour et l'avis de l'AGM seront publiés sur le site internet de l'entreprise en temps voulu.
SBM Offshore (OTC:SBFFF) gab bekannt, dass der Aufsichtsrat beabsichtigt, Øivind Tangen als Mitglied des Vorstands und CEO für eine zweite vierjährige Amtszeit auf der Hauptversammlung am 15. April 2026 erneut zu bestellen. Tangen wurde im April 2022 erstmals in den Vorstand berufen und wurde im April 2024 CEO.
Der Aufsichtsrat beabsichtigt außerdem, Roeland Baan als Mitglied und Vorsitzenden des Aufsichtsrats für eine weitere zweijährige Amtszeit zu bestätigen, im Einklang mit dem niederländischen Corporate Governance Code. Die Tagesordnung und die Einladung zur AGM werden zu gegebener Zeit auf der Website des Unternehmens veröffentlicht.
SBM Offshore (OTC:SBFFF) أعلنت أن مجلس الإشراف يعتزم اقتراح إعادة تعيين Øivind Tangen كعضو في مجلس الإدارة الإداري والمدير التنفيذي لفترة ثانية مدتها أربع سنوات في اجتماع الجمعية العامة السنوي في 15 أبريل 2026. تم تعيين تانجين لأول مرة في مجلس الإدارة الإداري في أبريل 2022 وأصبح المدير التنفيذي في أبريل 2024.
كما يعتزم مجلس الإشراف أيضاً اقتراح إعادة تعيين Roeland Baan كعضو ورئيس مجلس الإشراف لفترة إضافية مدتها عامان، وفقاً لكود الحوكمة المؤسسية الهولندي. ستُنشر أجندة الجمعية العامة وإشعارها على موقع الشركة في الوقت المناسب.
- CEO continuity proposed: Øivind Tangen reappointment for four years at AGM 15-Apr-2026
- Supervisory continuity proposed: Roeland Baan reappointment as Chair for two years
- Clear AGM date set for 15-Apr-2026 in the company calendar
- None.
Amsterdam, November 12, 2025
SBM Offshore announces that its Supervisory Board intends to propose the reappointment of Øivind Tangen (CEO) for a second four-year term as Management Board member at the Annual General Meeting of April 15, 2026 (AGM). Øivind Tangen was appointed as member of the Management Board in April 2022 and became CEO in April 2024.
The second term of office of Roeland Baan (Supervisory Board Chair) will expire at the same AGM. The Supervisory Board intends to propose his reappointment as member and Chair of the Supervisory Board for an additional two-year term, in line with the Dutch Corporate Governance Code.
The agenda and notice of the AGM will be made available at www.sbmoffshore.com in due course.
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 www.sbmoffshore.com.
| Financial Calendar | Date | Year | |
| 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 | |
| Half Year 2026 Earnings | August 6 | 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: | wouter.holties@sbmoffshore.com |
| Website: | www.sbmoffshore.com |
Media Relations
Giampaolo Arghittu
Head of External Relations
| Phone: | +31 (0) 6 212 62 333 / +39 33 494 79 584 |
| E-mail: | giampaolo.arghittu@sbmoffshore.com |
| Website: | 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
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 / or 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 ‘Impacts, Risks and Opportunities’ section of the 2024 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 2025 report, available on our website Half Year Earnings - SBM Offshore.
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®” and “F4W®” are proprietary marks owned by SBM Offshore.
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FAQ
What did SBM Offshore (SBFFF) announce about CEO reappointment on November 12, 2025?
When and where will SBM Offshore (SBFFF) hold the Annual General Meeting to vote on the reappointments?
How long has Øivind Tangen served on SBM Offshore's Management Board before the proposed reappointment?
What term is proposed for Supervisory Board Chair Roeland Baan at SBM Offshore (SBFFF)?
Does the November 12, 2025 release include upcoming financial calendar dates for SBM Offshore (SBFFF)?
