Weekly share repurchase program transaction details

Rhea-AI Summary

SBM Offshore (OTC:SBFFF) reports weekly details of its EUR141,189,019 share repurchase program for the period Nov 27–Dec 3, 2025. As of Dec 3, 2025 the program is 76.08% complete with EUR107,414,849 spent to buy 4,952,150 shares at a cumulative average price of EUR21.69.

During Nov 27–Dec 3 the company repurchased 107,499 shares for EUR2,644,534 at an average price of EUR24.60. The program aims to reduce share capital and supply shares for management and employee plans.

Positive

• Authorized program totaling EUR141,189,019
• Program 76.08% complete as of Dec 3, 2025
• Cumulative repurchases: 4,952,150 shares
• Cumulative average repurchase price: EUR21.69

Negative

• Remaining program value: EUR33,774,170 (23.92%)
• Recent five-day average price EUR24.60, above cumulative EUR21.69

Key Figures

Buyback program size EUR 141 million Current share repurchase program announced February 20, 2025

Program size (USD) US$150 million FX-based equivalent as of February 20, 2025

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

Cumulative repurchase amount EUR 107,414,849 Spent on buybacks as of December 3, 2025

Cumulative shares repurchased 4,952,150 shares Total quantity repurchased under program to date

Average repurchase price EUR 21.69 Cumulative average price paid under program

Program completion 76.08% Percentage of EUR141 million program completed by December 3, 2025

Last 5 days settlement EUR 2,644,534 Total cash outlay November 27–December 3, 2025

Market Reality Check

$28.13 Last Close

Volume Volume 500 versus 20-day average 1,174 indicates relatively light trading activity. low

Technical Price at 28.28 trades above 200-day MA of 15.84, reflecting a firmly established uptrend before this update.

Peers on Argus

SBFFF gained 8.77% while key peers were mixed: SBFFY up 0.28%, WYGPY up 2.87%, AKRYY flat, MTTRF down 0.7%, TOLWF down 0.89%, pointing to a stock-specific reaction.

Market Pulse Summary

This announcement detailed ongoing execution of SBM Offshore’s EUR141 million share repurchase program, 76.08% completed by December 3, 2025 with 4,952,150 shares bought at an average of EUR 21.69. For context, the company has regularly provided weekly buyback updates, allowing investors to track capital return and share-count reduction over time. Upcoming dates on the financial calendar, such as full-year 2025 earnings, may offer further insight into how repurchases fit within broader capital allocation plans.

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

"This press release contains information which is 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 contained in this release that are not historical facts 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 which are not defined under IFRS."

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.

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 guidelines regulatory

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

ESMA guidelines are non-binding rulebooks published by the European Securities and Markets Authority that explain how financial laws should be applied across markets in the European Union. They matter to investors because they shape how companies and intermediaries report information, manage risks and run trading systems — like traffic rules that make road behavior predictable — which improves transparency, reduces surprises and can affect investment risk and costs.

AI-generated analysis. Not financial advice.

Amsterdam, December 3, 2025

SBM Offshore reports the transaction details related to its EUR141 million (c. US$150 million¹) share repurchase program for the period November 27, 2025 through December 3, 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 3, 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 107,414,849
Cumulative Quantity Repurchased					4,952,150
Cumulative Average Repurchase Price					EUR 21.69
Start Date					April 24, 2025
Percentage of program completed as of December 3, 2025					76.08%
Overview of details of last 5 trading days:
Trade Date	Quantity Repurchased		Average Purchase Price		Settlement Amount
November 27, 2025	20,338		EUR 24.70		EUR 502,273
November 28, 2025	20,244		EUR 24.65		EUR 499,029
December 1, 2025	22,061		EUR 24.59		EUR 542,586
December 2, 2025	22,467		EUR 24.44		EUR 549,046
December 3, 2025	22,389		EUR 24.64		EUR 551,600
Total	107,499		EUR 24.60		EUR 2,644,534

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 48 & 49 - November 27 to December 3, 2025

FAQ

How much has SBM Offshore (SBFFF) spent on its buyback program as of Dec 3, 2025?

SBM Offshore has spent EUR107,414,849 under the EUR141,189,019 program as of Dec 3, 2025.

What percentage of the SBM Offshore (SBFFF) repurchase program was completed by Dec 3, 2025?

The repurchase program was 76.08% complete as of Dec 3, 2025.

How many shares did SBM Offshore (SBFFF) repurchase between Nov 27 and Dec 3, 2025?

SBM Offshore repurchased 107,499 shares during Nov 27–Dec 3, 2025 for EUR2,644,534.

What is the cumulative average repurchase price for SBM Offshore (SBFFF) through Dec 3, 2025?

The cumulative average repurchase price is EUR21.69 per share through Dec 3, 2025.

What is the remaining value of SBM Offshore's (SBFFF) buyback authorization after Dec 3, 2025?

Approximately EUR33,774,170 remains available under the EUR141,189,019 authorization as of Dec 3, 2025.

Why is SBM Offshore (SBFFF) conducting the share repurchase program?

The company says the program aims to reduce share capital and provide shares for management and employee share plans.