Weekly share repurchase program transaction details

Rhea-AI Summary

SBM Offshore (SBFFF) reported weekly details of its EUR141 million share repurchase program for the period Dec 4–10, 2025. The program, effective April 24, 2025, is 78.04% complete as of Dec 10, 2025 with EUR 110,181,701 repurchased for 5,063,871 shares at a cumulative average price of EUR 21.76. During Dec 4–10 the company repurchased 111,721 shares for EUR 2,766,852 at an average price of EUR 24.77. The program's stated aims are to reduce share capital and provide shares for management and employee plans. Full transaction details and individual trade records are available on the company website.

Positive

• Share repurchase program size: EUR 141,189,019
• Program progress: 78.04% complete as of Dec 10, 2025
• Cumulative shares repurchased: 5,063,871 shares
• Weekly repurchases Dec 4–10: 111,721 shares for EUR 2.77M

Negative

• Remaining program value: ~EUR 31.0M (21.96% unspent)
• Recent weekly average repurchase price EUR 24.77 vs cumulative EUR 21.76

Key Figures

Buyback program size EUR 141 million (c. US$150 million) Current share repurchase program announced February 20, 2025

Total repurchase amount EUR 141,189,019 Overall progress of current program

Cumulative repurchase amount EUR 110,181,701 Repurchases from April 24, 2025 to December 10, 2025

Cumulative shares repurchased 5,063,871 shares Repurchases from April 24, 2025 to December 10, 2025

Cumulative average price EUR 21.76 Average repurchase price over program to December 10, 2025

Program completion 78.04% Percentage of EUR141 million program completed as of December 10, 2025

Last 5 days shares 111,721 shares Total quantity repurchased December 4–10, 2025

Last 5 days amount EUR 2,766,852 Settlement amount for repurchases December 4–10, 2025

Market Reality Check

$28.28 Last Close

Volume Volume 500 is below the 20-day average of 1,174, suggesting the 8.77% move occurred on relatively light trading. low

Technical Price at 28.2804 is at the 52-week high and trading above the 200-day MA of 15.84.

Peers on Argus

SBFFF gained 8.77% while close peers like SBFFY, WYGPY and AKRYY were flat and MTTRF moved 0.72% higher, indicating a stock-specific reaction rather than a broad sector move.

Market Pulse Summary

This announcement details ongoing execution of SBM Offshore’s EUR 141 million share repurchase program, including cumulative spending of EUR 110,181,701 on 5,063,871 shares at an average price of EUR 21.76. The program targets both capital reduction and supplying shares for management and employee plans. Historical buyback updates showed modest share-price moves, so investors may track completion progress, average repurchase prices, and upcoming dates on the financial calendar such as the February 26, 2026 full-year 2025 earnings release.

Key Terms

share repurchase program financial

"SBM Offshore reports the transaction details related to its EUR141 million ... share repurchase program"

A share repurchase program is when a company buys back its own shares from the marketplace. This reduces the total number of shares available, which can increase the value of each remaining share and signal confidence in the company's prospects. For investors, it often suggests that the company believes its stock is undervalued or that it has extra cash to return to shareholders.

Market Abuse Regulation regulatory

"made publicly available under the Market Abuse Regulation (nr. 596/2014)"

Market abuse regulation consists of laws and rules designed to prevent dishonest or manipulative practices in financial markets. It aims to ensure fair and transparent trading, so investors can trust that markets operate honestly, much like rules that keep a game fair. By reducing unfair advantages, it helps protect investor confidence and promotes healthy, efficient markets.

alternative performance measures financial

"This release contains certain alternative performance measures (APMs) as defined by the ESMA guidelines"

Alternative performance measures are financial figures companies present alongside official accounting numbers that strip out certain costs or gains to highlight how management views underlying business trends. Think of it like a cook showing a recipe’s calories without the sauce to emphasize the main ingredients; investors use these adjusted numbers to compare performance and spot trends, but they can vary by company and require careful scrutiny to avoid misleading comparisons.

ESMA regulatory

"alternative performance measures (APMs) as defined by the ESMA guidelines"

The European Securities and Markets Authority (ESMA) is the EU agency that sets rules and supervises fairness and transparency for financial markets across Europe. Think of it as a referee and rule-maker who aims to protect investors, reduce market abuse, and ensure companies and exchanges follow consistent standards; its guidance can affect trading rules, disclosure requirements, and investor confidence, which in turn can influence stock prices and capital flows.

IFRS regulatory

"APMs as defined by the ESMA guidelines which are not defined under IFRS"

International Financial Reporting Standards (IFRS) are a set of common accounting rules used by many companies worldwide to prepare financial statements, so numbers like revenue, profit and assets are measured in the same way across borders. For investors, IFRS matters because it makes it easier to compare the financial health and performance of different companies—like using the same ruler to measure different objects—reducing surprises and helping informed investment decisions.

AI-generated analysis. Not financial advice.

Amsterdam, December 10, 2025

SBM Offshore reports the transaction details related to its EUR141 million (c. US$150 million¹) share repurchase program for the period December 4, 2025 through December 10, 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 December 10, 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 110,181,701
Cumulative Quantity Repurchased					5,063,871
Cumulative Average Repurchase Price					EUR 21.76
Start Date					April 24, 2025
Percentage of program completed as of December 10, 2025					78.04%
Overview of details of last 5 trading days:
Trade Date	Quantity Repurchased		Average Purchase Price		Settlement Amount
December 4, 2025	21,025		EUR 24.86		EUR 522,600
December 5, 2025	20,097		EUR 25.05		EUR 503,442
December 8, 2025	22,884		EUR 24.84		EUR 568,329
December 9, 2025	22,727		EUR 24.60		EUR 559,186
December 10, 2025	24,988		EUR 24.54		EUR 613,295
Total	111,721		EUR 24.77		EUR 2,766,852

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 www.sbmoffshore.com.

Financial Calendar		Date	Year
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
Third Quarter 2026 Trading Update		November 12	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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¹ Based on the foreign exchange rate on February 20, 2025

Attachment

• Press Release Week 49 & 50 - December 4 to December 10, 2025

FAQ

What did SBM Offshore (SBFFF) repurchase during Dec 4–10, 2025?

SBM repurchased 111,721 shares between Dec 4–10, 2025 for a total of EUR 2,766,852 at an average price of EUR 24.77.

How much of the EUR141 million SBFFF buyback program is complete as of Dec 10, 2025?

The program is 78.04% complete as of Dec 10, 2025 with EUR 110,181,701 repurchased.

How many shares has SBFFF repurchased cumulatively under the program through Dec 10, 2025?

Cumulative repurchases total 5,063,871 shares through Dec 10, 2025.

What are the stated objectives of SBFFF's share repurchase program announced in 2025?

The program aims to reduce share capital and to provide shares for regular management and employee share programs.

Where were SBFFF shares purchased during the Dec 4–10, 2025 trading week?

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

How much value remains under SBFFF's EUR141m buyback as of Dec 10, 2025?

Approximately EUR 31.0 million remains unspent, about 21.96% of the program.