Annual General Meeting 2024 Resolutions (correction of dividend record date)
April 15, 2024
SBM Offshore announces with reference to the press release published on April 12, 2024, a correction of the dividend record date as per the updated text below.
SBM Offshore is pleased to announce that all resolutions were adopted as proposed during the Annual General Meeting of April 12, 2024. The adopted resolutions include the appointment of Patrick Jager as member of the Supervisory Board.
Shareholders also voted in favor of the proposed all cash dividend of US$150 million, which represents a dividend distribution of US$0.8336 per ordinary share. Dividends will be paid in Euros using the exchange rate on February 28, 2024 of 1.0895, which will result in a payout of €0.7651 per ordinary share. The cash dividend is payable on May 10, 2024 to all shareholders of record as at April 17, 2024 through the bank or broker administering the shares.
ABN AMRO is responsible for executing the dividend payment on behalf of SBM Offshore and offers the Company’s shareholders the option to participate in a Dividend Reinvestment Plan (DRIP). By participating in this program, shareholders can reinvest their net dividend into shares of the Company. Further information regarding the DRIP will be made available by ABN AMRO to all financial intermediaries.
Further details on the adopted resolutions can be found on the Company’s website.