2.3.52025 Supervisory Board Remuneration

In accordance with the Supervisory Board Remuneration Policy, the remuneration paid out to the Supervisory Board in 2025 is as per below. Supervisory Board members do not receive variable remuneration.


Remuneration of the Supervisory Board by member in thousands of EUR

Name of Supervisory Board Member, Position

Year

Fees

Committee fees

Other benefits1

Total remuneration

Roeland Baan, Chair

2025

120

10

1

131

2024

120

10

1

131

Ingelise Arntsen, Vice-Chair

2025

79

16

1

95

2024

75

17

1

93

Lucia de Andrade, member2

2025

72

8

20

100

2024

-

-

-

-

Allard Castelein, member

2025

75

20

1

96

2024

75

18

1

94

Denise Dettingmeijer, member2

2025

72

9

25

107

2024

-

-

-

-

Patrick Jager, member3

2025

75

14

1

89

2024

54

6

-

60

Bernard Bajolet, former Vice-Chair4

2025

22

4

0

26

2024

80

16

1

97

Hilary Mercer, former member5

2025

-

-

-

-

2024

75

10

1

86

Jaap van Wiechen, former member6

2025

-

-

-

-

2024

21

3

-

24

  • 1 Other benefits items for the supervisory board consist mainly of the lump sum for intercontinental travel at EUR5,000 per meeting if applicable and a yearly expense allowance of EUR500.
  • 2 From January 17, 2025.
  • 3 From April 12, 2024.
  • 4 Until April 9, 2025.
  • 5 Until January 1, 2025.
  • 6 Until April 12, 2024.

In the table below, information on the annual change of remuneration of each individual Supervisory Board member is set out over the five most recent financial years.


Comparative table on the change of remuneration over the last five reported financial years in thousands of EUR

Annual Change1

2021

2022

2023

2024

2025

Roeland Baan, Chair

130

0% / 130

(0%) / 130

1% / 131

0% / 131

Ingelise Arntsen, Vice-Chair

612

27% / 84

7% / 90

3% / 93

3% / 95

Lucia de Andrade, member

-

-

-

-

100% / 1003

Allard Castelein, member

-

-

60

57% / 94

2% / 964

Denise Dettingmeijer, member

-

-

-

-

100% / 1073

Patrick Jager, member

-

-

-

0% / 605

33% / 89

Bernard Bajolet, former Vice-Chair

84

6% / 89

6% / 95

2% / 97

(269)% / 266

Hilary Mercer, former member

-

69

44% / 124

(31%) / 86

-6

Jaap van Wiechen, former member

93

(6%) / 88

(2)% / 86

(72%) / 247

-

Sietze Hepkema, former member

89

2% / 92

(254)% / 26

-

-

Cheryl Richard, former member

85

0% / 85

(150)% / 34

-

-

Francis Gugen, former Vice-Chair

90

(270)% / 24

(100)% / 0

-

-

Laurence Mulliez, former member

24

-

-

-

-

  • 1 Annual change in percentage is calculated comparative to the amount of the current year.
  • 2 From April 7, 2021.
  • 3 From January 17, 2025.
  • 4 From April13, 2023.
  • 5 From April 12, 2024.
  • 6 Until April 9, 2025.
  • 7 Until April 12, 2024.

None of the Supervisory Board members received remuneration that is dependent on the financial performance of the Company, as per best practice 3.3. of the Corporate Governance Code.

In accordance with the Supervisory Board Remuneration Policy, SBM Offshore did not provide loans, advances or guarantees to the members of the Supervisory Board.