SBM Offshore Half Year 2020 Earnings

On target despite global disruption

August 6, 2020

 Highlights

• Effective response to COVID-19 and oil price crises
• Successfully maintaining focus on health and safety of staff and business continuity
• Adapting the organization to ensure flexibility, performance and competitiveness
• Financial results in line with expectation
• 2020 Directional¹ EBITDA guidance increased from “around” to “above” US$900 million
• 2020 Directional revenue guidance maintained at “around” US$2.3 billion

The 2020 Half Year Results and Interim Financial Statements are published on the Company’s website under https://www.sbmoffshore.com/investor-relations-centre/financial-information/financial-results/half-year-results/