Amsterdam, November 12, 2025
SBM Offshore announces that its Supervisory Board intends to propose the reappointment of Øivind Tangen (CEO) for a second four-year term as Management Board member at the Annual General Meeting of April 15, 2026 (AGM). Øivind Tangen was appointed as member of the Management Board in April 2022 and became CEO in April 2024.
The second term of office of Roeland Baan (Supervisory Board Chair) will expire at the same AGM. The Supervisory Board intends to propose his reappointment as member and Chair of the Supervisory Board for an additional two-year term, in line with the Dutch Corporate Governance Code.
The agenda and notice of the AGM will be made available at www.sbmoffshore.comin due course.
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 | |
| Third Quarter 2025 Trading Update | November 13 | 2025 | |
| 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 |
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 (mailto:wouter.holties@sbmoffshore.com) |
| Website: | www.sbmoffshore.com (http://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 (mailto:giampaolo.arghittu@sbmoffshore.com) |
| Website: | www.sbmoffshore.com (http://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.
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.
Attachment
- SBM Offshore announces proposed CEO and Supervisory Board reappointments (https://ml-eu.globenewswire.com/Resource/Download/c9e0ab45-03d5-4851-b94e-fc426aa4e6ac)
