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Weekly share repurchase program transaction details

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SBM Offshore (SBFFF) reports weekly share repurchase details for Feb 12–18, 2026 under its EUR141 million program effective Apr 24, 2025. As of Feb 18, 2026 the program is 97.34% complete with EUR137,438,165 spent to buy 6,059,520 shares at a cumulative average price of EUR22.68.

During Feb 12–18, 2026 the company repurchased 99,645 shares for EUR3,025,576 (avg price EUR30.36). Remaining program balance: EUR3,750,854.

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Positive

  • Program 97.34% complete as of Feb 18, 2026
  • Cumulative repurchases of EUR137,438,165
  • Total 6,059,520 shares repurchased since Apr 24, 2025
  • Week repurchases: 99,645 shares for EUR3,025,576

Negative

  • Remaining program balance of EUR3,750,854
  • Repurchases spent EUR137,438,165 cash under the program

News Market Reaction – SBFFY

+2.28%
1 alert
+2.28% News Effect

On the day this news was published, SBFFY gained 2.28%, reflecting a moderate positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

Amsterdam, February 18, 2026

SBM Offshore reports the transaction details related to its EUR141 million (c. US$150 million1) share repurchase program for the period February 12, 2026 through February 18, 2026.

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 February 18, 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 141,189,019 
Cumulative Repurchase Amount EUR 137,438,165 
Cumulative Quantity Repurchased 6,059,520 
Cumulative Average Repurchase Price EUR 22.68  
Start Date  April 24, 2025 
Percentage of program completed as of February 18, 202697.34% 
     
Overview of details of last 5 trading days:  
     
Trade DateQuantity RepurchasedAverage Purchase PriceSettlement Amount 
February 12, 2026 20,384 EUR 30.25EUR 616,624 
February 13, 2026 20,640 EUR 29.85EUR 616,147 
February 16, 2026 18,385 EUR 30.34EUR 557,869 
February 17, 2026 20,458 EUR 30.45EUR 622,985 
February 18, 2026 19,778 EUR 30.94EUR 611,951 
Total99,645EUR 30.36EUR 3,025,576 

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  DateYear
Full Year 2025 Earnings February 262026
Annual General Meeting April 152026
First Quarter 2026 Trading Update May 72026
Half Year 2026 Earnings August 62026
Third Quarter 2026 Trading Update November 122026

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.


1 Based on the foreign exchange rate on February 20, 2025

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FAQ

How much has SBFFF spent on its EUR141 million buyback as of Feb 18, 2026?

SBFFF has spent EUR137,438,165 on the buyback as of Feb 18, 2026. According to the company, that represents 97.34% completion of the EUR141 million program launched Apr 24, 2025, leaving a remaining balance of EUR3,750,854.

How many SBFFF shares were repurchased during Feb 12–18, 2026 and at what cost?

SBFFF repurchased 99,645 shares during Feb 12–18, 2026 for a settlement amount of EUR3,025,576. According to the company, the average purchase price for that week was EUR30.36 across the five trading days listed.

What is the cumulative average repurchase price for SBFFF under the program?

The cumulative average repurchase price is EUR22.68 per share under the program. According to the company, that average reflects all repurchases from the program start date of Apr 24, 2025 through Feb 18, 2026.

What was the total program size and what remains of SBFFF's buyback program?

The total program size is EUR141,189,019 with EUR137,438,165 already repurchased. According to the company, the remaining unspent amount as of Feb 18, 2026 is EUR3,750,854, equal to roughly 2.66% of the program.

When did SBFFF's EUR141 million repurchase program begin and what is its objective?

The repurchase program began on Apr 24, 2025 and totals EUR141 million. According to the company, its objective is to reduce share capital and provide shares for regular management and employee share programs.

Where were SBFFF shares bought during the Feb 12–18, 2026 repurchase week?

Shares were purchased on Euronext Amsterdam, CBOE DXE and Turquoise during Feb 12–18, 2026. According to the company, all listed repurchases for that period were executed via those trading venues.