SBM Offshore N.V. is a limited liability company (‘Naamloze Vennootschap’) incorporated under the laws of the Netherlands with its corporate seat in Amsterdam. The Company is listed on the Amsterdam Euronext Exchange.
The Company has a two tier board consisting of a Supervisory Board and a Management Board. Each Board has its specific roles and tasks regulated by laws, the articles of association, the Corporate Governance Code, the Supervisory Board rules and Management Board rules. The Supervisory Board rules and Management Board rules were lastly amended in November 2019 and are published on the Company’s website together with the articles of association. For more details about SBM Offshore’s governance, please also be referred to paragraph 3.5 of the Company’s 2019 Annual Report.