SBM Offshore First Quarter 2026 Trading Update

Amsterdam, May 7, 2026 Highlights 216% increase in year-to-date Directional1 revenue of US$3.5 billion Increase in full year 2026 Directional revenue guidance from around US$6.5 billion to above US$6.9 billion Full year 2026 Directional EBITDA baseline guidance maintained around US$1.8 billion FEED contract award by ExxonMobil Guyana for the Longtail development project Two new Fast4Ward® MPF hulls ordered, driven by strong FPSO market outlook Cash dividend of US$100 million (equivalent to EUR84 million2 or EUR0.5009 per ordinary share) payable on May 13, 2026 US$270 million (equivalent to EUR227 million3) share repurchase program on track, c. 18% completed4 Inclusion of SBM Offshore in the AEX index in March 2026 Øivind Tangen, CEO of SBM Offshore, commented: “We delivered a solid start to the year, underpinned by good project progress and high uptime across the fleet.