Weekly share repurchase program transaction details

Rhea-AI Summary

SBM Offshore (SBFFF) reported weekly progress on its EUR 227 million (about US$270 million) share repurchase program for June 25–July 1, 2026. In this period it bought 145,764 shares for EUR 4.48 million at an average EUR 30.73.

Cumulatively since February 27, 2026, SBM Offshore has repurchased 2,268,221 shares for EUR 77.05 million at an average EUR 33.97, completing 34% of the program. The buyback aims to reduce share capital and supply shares for management and employee plans.

Positive

• EUR 227 million share repurchase program underway
• EUR 77.05 million spent to repurchase 2,268,221 shares to date
• Cumulative average repurchase price of EUR 33.97 per share
• 34% of the authorized buyback program completed by July 1, 2026
• EUR 4.48 million used to repurchase 145,764 shares in the last 5 trading days

Negative

• EUR 77.05 million of cash deployed so far for share repurchases

Market Context

This announcement highlights continued execution of the EUR 227 million buyback, now 34.00% complete...

Analysis

This announcement highlights continued execution of the EUR 227 million buyback, now 34.00% complete. Investors can track ongoing reductions in share count alongside upcoming earnings dates to assess how repurchases interact with fundamental results.

Key Figures

Buyback program size: EUR 227 million USD equivalent: US$270 million Cumulative repurchase amount: EUR 77,054,976 +5 more

8 metrics

Buyback program size EUR 227 million Total share repurchase program announced February 26, 2026

USD equivalent US$270 million Based on EUR/US$ forward rate on February 18, 2026

Cumulative repurchase amount EUR 77,054,976 Total spent under program as of July 1, 2026

Cumulative shares repurchased 2,268,221 shares Total quantity repurchased since February 27, 2026

Cumulative average price EUR 33.97 Average repurchase price across all completed buybacks to July 1, 2026

Program completion 34.00% Percentage of EUR 227 million program completed as of July 1, 2026

Last 5 days volume 145,764 shares Shares repurchased June 25–July 1, 2026

Last 5 days settlement EUR 4,479,926 Total consideration for June 25–July 1, 2026 buybacks

Previous Buybacks Reports

5 past events · Latest: Jun 03 (Neutral)

Same Type Pattern 5 events

Date	Event	Sentiment	24h Move	Catalyst
Jun 03	Share repurchase update	Neutral	+3.0%	Weekly progress report on the EUR 227 million share repurchase program.
May 13	Share repurchase update	Neutral	-2.8%	Update on cumulative and weekly buybacks under the EUR 227 million program.
May 06	Share repurchase update	Neutral	+0.1%	Disclosure of percentage completed and volumes in the ongoing buyback.
Apr 22	Share repurchase update	Neutral	+0.1%	Regular report on buyback execution across European trading venues.
Apr 15	Share repurchase update	Neutral	-5.1%	Weekly disclosure of program progress, including cumulative spend and shares.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Pattern Detected

Buyback update headlines have historically led to relatively small, mixed single‑day reactions around the announcement date.

Key Terms

market abuse regulation, forward-looking statements, alternative performance measures, ifrs, +2 more

6 terms

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 based on management’s current views..."

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

"This release contains certain 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

"This release contains certain 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.

share repurchase program financial

"SBM Offshore reports the transaction details related to its EUR227 million (US$270 million1) share repurchase program for the period June 25, 2026 through July 1, 2026."

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.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Amsterdam, July 1, 2026

SBM Offshore reports the transaction details related to its EUR227 million (US$270 million¹) share repurchase program for the period June 25, 2026 through July 1, 2026.

The repurchases were made under the EUR227 million share repurchase program announced on February 26, 2026 and effective from February 27, 2026. 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 February 27, 2026 through July 1, 2026 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 226,633,158
Cumulative Repurchase Amount				EUR 77,054,976
Cumulative Quantity Repurchased				2,268,221
Cumulative Average Repurchase Price				EUR 33.97
Start Date				February 27, 2026
Percentage of program completed as of July 1, 2026				34.00%
Overview of details of last 5 trading days:
Trade Date	Quantity Repurchased		Average Purchase Price	Settlement Amount
June 25, 2026	28,341		EUR 31.61	EUR 895,992
June 26, 2026	28,994		EUR 30.90	EUR 895,990
June 29, 2026	29,275		EUR 30.61	EUR 895,979
June 30, 2026	29,422		EUR 30.45	EUR 895,971
July 1, 2026	29,732		EUR 30.14	EUR 895,995
Total	145,764		EUR 30.73	EUR 4,479,926

All shares purchased via Euronext Amsterdam, CBOE DXE, Turquoise Europe and or Aquis Europe.

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 26, 2026, details of which are available on its website.

Corporate Profile

SBM Offshore is a global leader in deepwater ocean infrastructure, delivering floating production solutions across the full asset lifecycle—from design and construction to installation and operation. Supported by a global team of more than 8,000 professionals, the Company operates a long-term, asset-backed business model that delivers high-availability assets and predictable cash flows. SBM Offshore combines engineering expertise, operational reliability, and selective innovation to support safe, efficient, and lower-carbon energy production, while extending its capabilities into new opportunities across the blue economy.

For further information, please visit our website at www.sbmoffshore.com.

Financial Calendar		Date	Year
Half Year 2026 Earnings		August 6	2026
Third Quarter 2026 Trading Update		November 12	2026
Full Year 2026 Earnings		February 18	2027
Annual General Meeting		April 7	2027
First Quarter 2027 Trading Update		May 5	2027

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, expectations and various assumptions regarding the financial and non-financial position of SBM Offshore N.V., anticipated developments and other factors, and involve known and unknown risks, dependencies 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 2025 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 N.V. 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.

Data underpinning certain disclosures – particularly sustainability-related - may be subject to inherent limitations. These limitations include but are not limited to reliance on third party data providers whose data quality, completeness and integrity may differ; the use of estimates and assumptions where actual data is unavailable or incomplete; and dependencies on value chain partners for timely and accurate information provision. Methodologies, standards and regulatory requirements for measuring and reporting information—especially sustainability related information—continue to evolve. As a result, our measurement approaches and reported figures may be refined over time as more accurate, granular or standardized data becomes available. Accordingly, all data, and emissions data in particular, should be interpreted in light of these limitations and the ongoing maturation of sustainability reporting practices across our value chain.

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 2025 Annual Report, available on our website Annual Reports - 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^®” and “Imodco^®” are proprietary marks owned by SBM Offshore.

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¹ Based on the EUR/US$ forward exchange rate on February 18, 2026.

Attachment

• Press Release Week 26 & 27 - June 25 to July 1, 2026

FAQ

What are the key details of SBM Offshore (SBFFF) share repurchases for June 25 to July 1, 2026?

SBM Offshore repurchased 145,764 shares for EUR 4.48 million, at an average price of EUR 30.73. According to SBM Offshore, these trades were executed across June 25–July 1, 2026 as part of its ongoing EUR 227 million share buyback program.

How much of SBM Offshore (SBFFF) EUR 227 million share repurchase program is completed as of July 1, 2026?

As of July 1, 2026, 34% of SBM Offshore’s EUR 227 million buyback program is completed. According to SBM Offshore, cumulative repurchases total EUR 77.05 million for 2,268,221 shares at an average price of EUR 33.97 per share.

What is the total number of SBM Offshore (SBFFF) shares repurchased so far under the 2026 program?

SBM Offshore has repurchased 2,268,221 shares under its 2026 program. According to SBM Offshore, these shares were acquired for a cumulative EUR 77.05 million, implying an average repurchase price of EUR 33.97 since the program started on February 27, 2026.

What is the purpose of the SBM Offshore (SBFFF) EUR 227 million share buyback program in 2026?

The 2026 share buyback program aims to reduce SBM Offshore’s share capital and provide shares for management and employee plans. According to SBM Offshore, the program, announced February 26, 2026, has a total intended size of EUR 227 million.

On which trading venues did SBM Offshore (SBFFF) execute its June 25–July 1, 2026 share repurchases?

SBM Offshore executed its share repurchases on Euronext Amsterdam, CBOE DXE, Turquoise Europe and Aquis Europe. According to SBM Offshore, all transactions for the June 25–July 1, 2026 period were carried out on these European trading platforms.

What upcoming financial reporting dates has SBM Offshore (SBFFF) scheduled for 2026 and early 2027?

SBM Offshore plans Half Year 2026 earnings on August 6, 2026 and a Q3 2026 trading update on November 12, 2026. According to SBM Offshore, Full Year 2026 earnings are set for February 18, 2027, followed by the AGM on April 7, 2027.

Where can investors find detailed daily transaction data for the SBM Offshore (SBFFF) 2026 share repurchase program?

Investors can access detailed daily buyback transactions via the Investors section of SBM Offshore’s website. According to SBM Offshore, this includes aggregate progress since February 27, 2026 and all individual trades executed under the EUR 227 million repurchase program.