SBM Offshore N.V. Appoints Mr. F. Cremers as new supervisory board director

SBM Offshore is pleased to announce that Mr F.J.G.M Cremers was appointed a member of the Supervisory Board of SBM Offshore N.V. at the Annual General Meeting of Shareholders held in Rotterdam on 14 April 2010.

Mr F.J.G.M. Cremers was born in 1952 and has the Dutch nationality. He graduated as a Master in Business Economics at the Erasmus University of Rotterdam in 1975 and obtained a PhD in Business Finance from the same University in 1979.

Mr F.J.G.M. Cremers has more than 20 years of experience in the Oil and Gas business from his international career with Royal Dutch Shell (1975-1996) where he became CFO of Shell Expro UK in London. Mr Cremers then moved back to The Netherlands to join VNU N.V. as CFO and member of the Board of Management until his retirement in 2004.

Mr F.J.G.M. Cremers is a member of the Supervisory Board of Nederlandse Spoorwegen N.V., Royal Vopak N.V., Fugro N.V. (as Vice Chairman), Luchthaven Schiphol N.V., Unibail-Rodamco S.E. and Parcom Capital B.V. He is a member of the Investigation Committee into the affairs of Fortis N.V. on behalf of the Enterprise Chamber of the Dutch High Court of Amsterdam, is a member of the Capital Markets committee of the AFM and of a number of foundations.

Mr F.J.G.M. Cremers will also chair the Company’s Audit Committee as a successor to Mr L.J.A.M. Ligthart who stepped down at the end of his term as Vice Chairman and a member of the Supervisory Board.

With this change, the Supervisory Board of SBM Offshore N.V. will consist of Mr H.C. Rothermund, Chairman, Mr R. van Gelder, Vice Chairman, Mr F.G.H. Deckers, Mr T. Ehret and Mr F.J.G.M. Cremers.