SBM ETF

Amsterdam, January 31, 2025 SBM Offshore confirms it has completed the transactions related to the Share Purchase Agreements announced on September 6, 2024 with its partner MISC Berhad for: i)   the acquisition of MISC Berhad's entire effective equity interest in the lease and operating entities related to the FPSO Espirito Santo in Brazil; and ii)   the full divestment to MISC Berhad of SBM Offshore's effective equity interest in the lease and operating entities of the FPSO Kikeh in Malaysia. This transaction furthers SBM Offshore's efforts to rationalize our portfolio to 'maintain focus and excellence' of our operations.

Amsterdam, November 21, 2024 SBM Offshore announces it has completed the project financing of FPSO Jaguar for a total of US$1.5 billion.  The project financing was fully secured by a consortium of 16 international financial institutions.

Amsterdam, November 14, 2024 SBM Offshore today announces the nomination of Lucia de Andrade and Denise Dettingmeijer for appointment to the Supervisory Board. Lucia de Andrade is a currently Senior Vice President Deepwater Project at Shell (Houston, United States of America) and will step down from this position by year end.

Amsterdam, November 14, 2024 SBM Offshore announces that it has been awarded contracts for the GranMorgu field development project located in Block 58 in Suriname by the Operator, TotalEnergies EP Suriname B.V., an affiliate of TotalEnergies.

Amsterdam, November 14, 2024 Highlights FPSO Prosperity sold to ExxonMobil Guyana Ltd; FPSO Liza Destiny on track for sale before year-end TotalEnergies contract award for an FPSO as part of the GranMorgu field development project in Suriname 2024 Directional1 EBITDA guidance increased from around US$1.3 billion to around US$1.9 billion (+46%) 2024 Directional revenue guidance increased from above US$3.8 billion to above US$6.0 billion (+58%) Completed sale of 13.5% interest in FPSO Sepetiba to China Merchants Financial Leasing (Hong-Kong) Holding Co., Limited (CMFL) Share repurchase program of EUR130 million on track, c. 57% completed2 Øivind Tangen, CEO of SBM Offshore, commented: “Our SBM teams continue to deliver a strong performance, driving improved results.

October 24, 2024 SBM Offshore announces it has completed the divestment of a 13.5% ownership interest in the special purpose companies related to the lease and operation of the FPSO Sepetiba to China Merchants Financial Leasing (Hong Kong) Holding Co., Limited (CMFL). This follows the announcement on February 10, 2022, of an agreement whereby CMFL would acquire its ownership interest after the FPSO Sepetiba had commenced operations.

September 6, 2024 SBM Offshore announces it has signed two Share Purchase Agreements with its partner MISC Berhad for: i)      the total acquisition of MISC Berhad's entire effective equity interest in the lease and operating entities related to the FPSO Espirito Santo in Brazil; and ii)      the full divestment to MISC Berhad of SBM Offshore's effective equity interest in the lease and operating entities of the FPSO Kikeh in Malaysia. This transaction furthers SBM Offshore's efforts to maintain focus and excellence in its operating portfolio.

August 8, 2024 SBM Offshore is pleased to announce that the EUR65 million (c. US$70 million) share repurchase program effective from March 1, 2024 (the “Structural Buyback”), has been increased by an additional amount of EUR65 million (c.

August 8, 2024 SBM Offshore is pleased to announce that it has signed a contract with Woodside Petróleo Operaciones de México, S. de R.L. de C.V.