Weekly share repurchase program transaction details

Rhea-AI Summary

SBM Offshore (SBFFF) reported weekly share repurchase transactions for December 11–17, 2025 under its EUR141,189,019 buyback program that started April 24, 2025. As of December 17, 2025 the program is 80.07% complete with a cumulative repurchase amount of EUR113,056,408 for 5,182,792 shares at a cumulative average price of EUR21.81.

During December 11–17 the company repurchased 118,921 shares for a settlement amount of EUR2,874,707 (weekly average price EUR24.17). Repurchases were executed on Euronext Amsterdam, CBOE DXE and Turquoise. The program’s stated objectives are to reduce share capital and provide shares for management and employee plans.

Positive

• EUR 141,189,019 total buyback program size
• Program 80.07% complete as of December 17, 2025
• Cumulative repurchases EUR 113,056,408 for 5,182,792 shares
• Weekly purchases 118,921 shares for EUR 2,874,707

Negative

• Approximately 19.93% of program (≈EUR 28.13m) remains unexecuted
• Weekly average purchase price EUR 24.17 above cumulative average EUR 21.81
• EUR 113,056,408 cash deployed reduces available liquidity

Key Figures

Program Size EUR 141 million Share repurchase program announced February 20, 2025

Total Repurchase Amount EUR 141,189,019 Overall share repurchase program capacity

Cumulative Repurchase Amount EUR 113,056,408 Bought back through December 17, 2025

Cumulative Quantity Repurchased 5,182,792 shares Through December 17, 2025

Cumulative Avg Repurchase Price EUR 21.81 Average price for cumulative buybacks

Program Completion 80.07% Percentage of program completed as of December 17, 2025

Last 5 Days Quantity 118,921 shares Repurchased December 11–17, 2025

Last 5 Days Amount EUR 2,874,707 Settlement amount December 11–17, 2025

Market Reality Check

$28.28 Last Close

Volume Volume 500 vs 20-day average 1,174 despite a buyback-driven 8.77% gain. low

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

Peers on Argus

SBFFF gained 8.77% while key peers were mixed: SBFFY -0.18%, MTTRF +0.33%, TOLWF -2.17%. Move appears stock-specific rather than sector-wide.

Market Pulse Summary

This announcement updates progress on SBM Offshore’s current share repurchase program, under which 5,182,792 shares have been bought for EUR 113,056,408 at an average of EUR 21.81, representing 80.07% of the EUR 141 million authorization. The program aims both to reduce share capital and supply management and employee plans. Investors may watch future disclosures, remaining authorization, and upcoming dates such as the February 26, 2026 full-year 2025 earnings release.

Key Terms

market abuse regulation regulatory

"to be 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.

forward-looking statements regulatory

"Some of the statements ... are statements of future expectations and other forward-looking statements"

Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.

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.

APMs financial

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

APMs (alternative performance measures) are company-reported financial metrics that adjust or add to standard accounting figures—examples include "adjusted" profit, underlying earnings, or free cash flow excluding one-off items. They matter to investors because they show how management believes the business performs after removing items it views as unusual, much like a chef describing a recipe without optional garnishes; used carefully they can clarify trends, but they can also make comparisons harder.

IFRS financial

"alternative performance measures (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.

ESMA regulatory

"alternative performance measures (APMs) as defined by the ESMA guidelines which are not defined under IFRS"

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.

AI-generated analysis. Not financial advice.

Amsterdam, December 17, 2025

SBM Offshore reports the transaction details related to its EUR141 million (c. US$150 million¹) share repurchase program for the period December 11, 2025 through December 17, 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 17, 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 113,056,408
Cumulative Quantity Repurchased					5,182,792
Cumulative Average Repurchase Price					EUR 21.81
Start Date					April 24, 2025
Percentage of program completed as of December 17, 2025					80.07%
Overview of details of last 5 trading days:
Trade Date	Quantity Repurchased		Average Purchase Price		Settlement Amount
December 11, 2025	22,641		EUR 24.29		EUR 549,975
December 12, 2025	22,114		EUR 24.31		EUR 537,574
December 15, 2025	23,878		EUR 24.27		EUR 579,591
December 16, 2025	26,250		EUR 23.89		EUR 627,057
December 17, 2025	24,038		EUR 24.15		EUR 580,510
Total	118,921		EUR 24.17		EUR 2,874,707

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 50 & 51 - December 11 to December 17, 2025

FAQ

How much of the SBM Offshore (SBFFF) EUR141m buyback was completed by December 17, 2025?

As of December 17, 2025 the buyback was 80.07% complete, with cumulative repurchases of EUR113,056,408.

How many shares did SBM Offshore (SBFFF) repurchase during December 11–17, 2025?

SBM repurchased 118,921 shares during the week December 11–17, 2025.

What was the settlement amount and average price for SBFFF repurchases on December 11–17, 2025?

Total settlement for the week was EUR2,874,707 with a weekly average price of EUR24.17.

What are the objectives of SBM Offshore’s EUR141m repurchase program (SBFFF)?

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

Where were SBFFF share repurchases executed for December 11–17, 2025?

Repurchases were executed on Euronext Amsterdam, CBOE DXE and Turquoise.

How many total shares has SBM Offshore repurchased under the program as of December 17, 2025?

Cumulatively 5,182,792 shares have been repurchased under the program as of December 17, 2025.